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Stories published on Jun 20
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  • Stories published on Jun 20

Thursday, Jun 20

00

YouGov shares dive 46.3% after profits tumble despite election polling boost

www.dailymail.co.uk

The polling and data analytics business has suffered from dwindling demand for its research services as firms continue to cut down on costs.

22

Kids for cash: How for-profit group homes harm vulnerable children

thehill.com

Many children are sent to these facilities not because it is in their best interest, but because it is profitable.

20

S&P 500, Nasdaq 100 Dip From Record Highs As Investors Take Chipmaker Profits; Energy Sector Rebounds, Yields Rise: What's Driving Markets Thursday?

www.benzinga.com

After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in…

GLP-1 drugs and other constraints in Kroger’s pharmacies are crimping profits

www.marketwatch.com

Grocery-store chain Kroger Co. on Thursday reported better-than-expected first-quarter results, helped in part by more enthusiasm from wealthier shoppers, but executives warned that difficulties in the company’s pharmacies would hit second…

19

YouGov shares almost halve in value after sales and profits warning

www.theguardian.com

Polling company says sales bookings have been lower than anticipated since half-year figures in March

Supreme Court Upholds 2017 Tax On Foreign Profits For US Businesses

www.benzinga.com

US Supreme Court upholds 2017 tax on foreign business income, citing Congress' constitutional power to tax. Justices Kavanaugh, Thomas, and Gorsuch dissented.

18

BUSINESS LIVE: BoE holds base rate again; NatWest to buy Sainsbury's Bank assets; YouGov profit warning

www.dailymail.co.uk

The FTSE 100 closed up 67.35 points at 8272.46. Among the companies with updates today are NatWest, Sainsbury's, YouGov and Tate & Lyle.

Move over Cornwall! Picturesque Northumbrian village tops table for fastest growing holiday let profits in the UK...so how well did YOUR favourite staycation hotspot fare?

www.dailymail.co.uk

Seahouses in Northumberland, which lies on the northeast coast of England, has been revealed as the town where holiday let owners have seen the largest increase in rental profits.

16

Up-To-The-Minute Market Data Drives Profits For Cannabis Retailers & Investors: Here's How To Get Instant Updates

www.benzinga.com

To stay competitive in the cannabis market, retailers and investors require immediate access to the latest data to adapt pricing, and inventory strategies and analyze real-time company performance. Starting July 2, BDSA, a cannabis market…

15

Hong Kong’s Vitasoy reports 155% profit growth on new flavours, retail improvement

www.scmp.com

Company says it will focus on product innovation after consumers warmly received low-sugar banana soy milk, zero-sugar lemon tea.

14

Olive Garden parent’s stock rises as profit beat overshadows muted outlook

www.marketwatch.com

Darden Restaurants says, despite weakening conditions, the company “had a strong year.”

Beauty chain Sa Sa’s profit soars as mainland Chinese tourists return to shop in Hong Kong

www.scmp.com

Hong Kong beauty products retailer Sa Sa International saw its profit jump almost fourfold in the last financial year as the number of mainland Chinese tourists returning to shop in the city continued to rise.

13

YouGov shares plummet 30% after profit warning

www.dailymail.co.uk

YouGov said sales bookings had been lower than expected since posting its half-year results. It expects reported revenues for the year to come in at between £324m to £327m.

12

Danone Targets Heath, Nutrition to Grow Profits

www.wsj.com

Danone plans to double down on health and nutrition in the coming years as food companies seek to tackle the effects of Ozempic and other blockbuster weight-loss drugs on eating habits.

YouGov shares crash after shock profit warning in 'busiest year for elections on record'

www.standard.co.uk

Most electoral polls are not a large source of revenue for YouGov, which makes more of its money conducting market research for businesses

11

Okomu Oil, Presco post 94% growth in profits in Q1’2024 amid rising inflation

nairametrics.com

The combined profit of Presco Plc and Okomu Oil Palm Company Plc, two leading quoted agricultural firms rose by 94.32% during the first quarter of 2024 amid volatility in the economy.

OpenAI Co-founder Ilya Sutskever Launches AI Startup, Says Not For Immediate Profit

techeconomy.ng

…will not divert attention to other products or services until its goal is achieved