Shell Up, H&M Gains, Edenred Rises
On this episode of Stock Movers:- H&M profit was buoyed by tighter cost control and demand for its women’s fashion and sportswear ranges in the second quarter, a sign Chief Executive Officer Daniel Erver’s turnaround strategy is finally progressing.- Shell says it has not been actively considering making an offer for BP, has not made an approach and no talks have taken place with BP with regards to a possible offer, according to a statement. What to watch for in European M&A today:- The French government wants to open the meal vouchers sector to more competition, as well as making…
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