The Mail 10/2/20 | Vox Markets

The Mail 10/2/20

Credit Suisse chief executive Tidjane Thiam lost a power struggle with his chairman Urs Rohner, which escalated after it emerged that two senior executives had been placed under surveillance.

Burberry Group (BRBY) warned the coronavirus outbreak is hitting sales in China and it has shut more than a third of its stores.

Fund supermarket Hargreaves Lansdown (HL.) took another blow as its founder Peter Hargreaves flogged £550million worth of shares.

Ocado Group (OCDO) will release its full-year results on Tuesday. The technology and grocery group had a meteoric rise in 2018, with shares rising 500 per cent between late 2017 and early 2019. But the stock has gone sideways since, and remains 15 per cent below its all-time high.

Sirius Minerals (SXX) shareholders will decide its future in a make-or-break vote on March 3. Investors will choose whether to back a £405million takeover from global mining group Anglo American, which has made a 5.5p-per-share offer for the struggling Yorkshire potash miner.

twitter_share

Mentioned in this post

BRBY
Burberry Group
HL.
Hargreaves Lansdown
OCDO
Ocado Group
SXX
Sirius Minerals

Profile Photo Also by