Latest market news
Independent UK financial coverage with full source attribution.
Starbucks reportedly exploring Chipotle takeover; CMG shares rose
CMG shares rose following an FT report, carried by Bloomberg Markets, that Starbucks had engaged advisers to explore a potential acquisition of Chipotle Mexican Grill. SBUX shares were also referenced in connection with the development; no official confirmation from either company was reported.
Wittington to buy Boots for $8.9bn; Fairfax takes 50% stake
Wittington Investments has agreed to acquire UK pharmacy chain Boots from Sycamore Partners and the Pessina family for US$8.9 billion including debt, with Fairfax Financial Holdings (TSX: FFH) committing up to US$2.3 billion for a 50% equity stake.
MO Q2 2026: filings, holdings, and macro context
SBUX Q3 2026 update — filings and holdings
PG Q1 2026: filings, holdings, and macro context
KHC Q2 2026 update — filings and holdings
TGT Q2 2026 update — filings and holdings
PEP Q3 2026 update — filings and holdings
MCD Q3 2026 update — filings and holdings
WMT Q2 2026: filings, holdings, and macro context
NKE Q1 FY2027 update — filings and holdings
KO Q3 2026 update — filings and holdings
HD Q3 2026 update — filings and holdings
COST Q3 2026: filings, holdings, and macro context
ASOS shares fall 13% after hack alert sent to app users
ASOS shares dropped more than 13% on the London Stock Exchange after thousands of customers received a push notification claiming attackers had compromised the retailer's Snowflake data instance.
Nike Q1 FY2026 earnings due after close on 1 October
Nike was scheduled to report fiscal first-quarter earnings after market close on 1 October 2026, with coverage noting expectations of continued year-on-year sales declines; NKE was identified as the directly affected instrument, though no pre-release price movement was reported.
Alaska Airlines reveals premium cabin overhaul across Alaska and Hawaiian brands
Alaska Airlines Group (ALK) announced a cabin renovation programme on 29 September 2026 covering its Alaska and Hawaiian Airlines fleets, including new suites, a premium economy class, new lounges in Seattle and Honolulu, and international route expansion, presented at the company's investor day.
Greggs to close four factories, cutting up to 740 jobs
Greggs plans to shut four UK manufacturing sites over two and a half years, at an initial cost of £60m, as it warns of greater inflationary pressures in 2027.