Investors

Russian Retailer Magnit To Buy Back 7.8% Of Shares In Additional Tender

Russian retailer Magnit said that foreign shareholders had tendered shares representing about 7.8% of the company in an additional, discounted buyback offe...

Unclear How Quickly Diageo Can Fix Problems In Latin America, CEO Says

Diageo chief executive Debra Crew said that it was difficult to predict when the company could clear the inventory issues in Latin America that led to a su...

Dollar General Shares Pop On Vasos' Return As CEO

Shares of Dollar General jumped 8% as investors and analysts drew confidence from the return of former CEO Todd Vasos to the top job to help steer the reta...

LVMH Sales Growth Loses Fizz As Post-Pandemic Splurge Wanes

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due t...

Instacart Stock Subdued As Debut Enthusiasm Loses Steam

Instacart shares fell 5% on Wednesday, as the grocery delivery app joined other recent stock market entrants in failing to keep up with their strong gains...

Instacart Valued At $9.9bn As IPO Market Rebounds

Maplebear Inc, the parent of grocery delivery app Instacart, has disclosed that it fetched a $9.9 billion fully diluted valuation after pricing its initial...

Instacart Raises Proposed Price Range For IPO

Grocery delivery app Instacart has raised the proposed price range for its initial public offering, revising its terms to target a fully-diluted valuation...

Russia's Magnit May Double Buyback Offer After Strong Demand, Sources Say

Russian retailer Magnit may increase its offer to buy back blocked shares at a discount by around double after seeing strong demand from Western investors...