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Bloomberg Podcasts · Wetherspoon Plunges, Santander Dips, Iberdrola Down | Stock Movers
- 1. Wetherspoon issued its fourth profit warning this year, expecting full-year profit below market expectations.
- 2. Wetherspoon chair Tim Martin said the World Cup boosted sales but the timing favored home consumption, and rising costs remain the key issue.
- 3. Santander's third-quarter profits beat estimates and it reaffirmed short- and medium-term targets, boosted by its TSB takeover.
- 4. Despite beating estimates, Santander shares slid, becoming the worst performer on the Stoxx 600 bank index.
- 5. Iberdrola beat first-half estimates, boosted by its global reach in Spain, UK, Brazil, and the US.
- 6. Iberdrola bought a 2 billion euro stake in Finland's main electricity network, entering a new geography, but analysts called it a full price.