British Land beats sector gloom with retail parks bet

Commercial landlord British Land (BLND.L), opens new tab has outperformed the broader UK property market, thanks to its strategy of adding more out-of-town retail parks to its portfolio that has allowed it to weather beaten-down building values in the sector. The Broadgate owner has been doubling down on its investments in retail parks since 2021 as its […]

Stocks, US yields gain as data, Fed comments eyed

A gauge of global stocks rose for the first time in three sessions on Monday, powered by a rally in U.S. equities, while U.S. Treasury yields climbed after a sharp drop in the prior week as investors awaited comments from Federal Reserve officials. On Wall Street, U.S. stocks slowly gained steam after a sluggish start […]

Germany’s Flix eyes stake sale in IPO rethink, sources say

BERLIN/FRANKFURT, June 13 (Reuters) – German bus and train services company Flix is seeking alternatives to a stock market listing and is in talks with investors including private equity firm EQT (EQTAB.ST),on a potential stake sale, two people close to the matter said. Talks are at an early stage, the sources said. Business newspaper Handelsblatt, which […]

Stocks making the biggest moves after hours: Lululemon, Five Below, Sprinklr and more

Check out the companies making headlines after the bell: Lululemon Athletica — The athleisure maker popped 12% on strong first-quarter results that surpassed Wall Street’s estimates on the top and bottom lines. Lululemon posted earnings of $2.54 per share on $2.21 billion in revenue. It also raised its outlook for full-year earnings per share. Five Below — Shares of […]