Compass Group and Imperial Brands slide as FTSE 100 weakens

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Compass Group and Imperial Brands slide as FTSE 100 weakens

Two companies in defensive sectors struggled on Tuesday as the FTSE 100 gave up some of the previous session’s strong gains. Compass Group CPG, -8.32% shares fell as much as 11% in London as the catering group said it would raise 2 billion pounds …
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Covid's Rising Costs at Retailers and 5 More Things to Know

Barron’s and MarketWatch journalists provide a morning briefing on what you need to know about investing, business and markets to be successful in the day ahead. Sign up for the newsletter here. Two key retailers reported quarterly numbers Tuesday …
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EasyJet Says Cyberattack Stole Data of 9 Million Customers

EasyJet, the low-cost airline based in England, said on Tuesday that it was the target of a “highly sophisticated” cyberattack that exposed the email addresses and personal travel plans of about nine million customers, and that some had their credit card details …
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Olive Garden parent plans to reopen more than 65% of dining rooms by end of May

As of Sunday, nearly half of Darden Restaurants’ dining rooms have reopened with limited capacity. Same-store sales across the company are improving as it reopens dining rooms. Darden also said that it fully repaid its $750 million credit facility on May 5, …
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Home goods retailer Pier 1 plans to wind down its business after not finding a buyer

Home goods retailer Pier 1 Imports said Tuesday it is seeking bankruptcy court approval to wind down its business entirely after it was not able to find a buyer due to the coronavirus pandemic. It said in a press release that it plans to sell its inventory and …
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