FT 17/10/18 | Vox Markets

FT 17/10/18

Patisserie Holdings (CAKE) calls emergency shareholder meeting. Shares in café chain remain suspended until it can give more details of accounting issues.

Lex – Merlin Entertainments (MERL): white-knuckle ride. Glimmers of recovery potential mean it may be worth staying on the rollercoaster

Lex – Meggitt (MGGT): plane truth. Clear skies for aerospace group but higher fuel prices pose threat

Sainsbury (J) (SBRY)-Asda probe extended to suppliers. Competition regulator to consider impact of Aldi and Lidl as part of inquiry

Footasylum (FOOT) scales back store expansion plans on high street gloom

Drax Group (DRX) to buy £700m of assets from Iberdrola. Move continues UK power supplier’s shift away from generating electricity from coal

on track to have 50% female workforce by 2025. Miner insists target will be met despite missing this year’s annual growth rate

Merlin Entertainments (MERL) shares hit by flatlining Legoland sales. Revenue growth had been bolstered by releases of blockbuster Lego movies

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Mentioned in this post

CAKE
Patisserie Holdings
DRX
Drax Group
FOOT
Footasylum
MERL
Merlin Entertainments
MGGT
Meggitt
SBRY
Sainsbury (J)