AB Foods, Telefonica Plunges, Royal Philips Rises
On this episode of Stock Movers:- Associated British Foods said it is conducting a review that could lead to a separation of the Primark clothing retailer from the rest of its business.- Telefonica shares fell the most in more than five years after Spain’s largest telecom operator by revenue announced it will slash 2026 dividend by half. - Royal Philips' stock rose after the Dutch medical technology firm reported better-than-expected adjusted Ebita for 3Q.See omnystudio.com/listener for privacy information.
The skinny
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