• Capital Access

Hot Off The Wires - 31 October 2019


  • Apple has posted an increase in revenues, shrugging off a record run of declining iPhone sales and the brewing Chinese trade war, as its fast-growing wearable technology unit plugged the gap.

  • Facebook’s profits have soared despite a wave of political controversies engulfing the social network.

  • Starbucks beat estimates for quarterly same-restaurant sales as a loyalty programme paid off handsomely for the American coffee chain.

  • Yum Brands, the owner of Pizza Hut and KFC, lost nearly $3bn in market value yesterday after it marked down its investment in Grubhub.

  • Another fund, £253m Income Focus Fund, once run by disgraced manager Neil Woodford could be shut down - putting its investors at risk of huge losses.



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