Global companies poised for more buybacks

Share buybacks are on the rise, according to Goldman Sachs, with the investment bank naming a raft of European companies that it thinks are ready to accelerate the pace of shareholder returns. Share buybacks, also known as share repurchases, are when a company buys back its own shares from the stock market. This boosts the … Read more

‘Cheap’ stocks to buy to beat rising prices, slowing growth: Strategists

The global economy is occupied with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists’ top stocks in this tricky environment. The US Federal Reserve hiked rates in March for the first time in more than three years, and announced a further 50-basis-point hike earlier this month. It’s … Read more

The path to profitability: Why some struggling resale names could triumph in the long-run

Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO.

European markets trade lower after Fed’s Powell signals a rate hike next month

European stocks fell in early trading on Friday after Federal Reserve Chair Jerome Powell said a half-percentage point rate hike is “on the table” for next month. The pan-European Stoxx 600 dropped by 1% shortly after stock markets opened, with the retail, tech and oil and gas sectors marking the biggest losses. Friday’s market open … Read more

Kering’s Pinault confident on Gucci’s growth, as group revenues up 35%

Shoppers wait in line to enter a Gucci store on Fifth Avenue in New York, US, on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images LONDON – The chief executive of French luxury group Kering expects fashion label Gucci to continue to deliver growth for the company this year, following record … Read more