StanChart's Swing, Telefonica & Unite Earnings
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Standard Chartered announced a fresh $1.5 billion share buyback as it reported weaker-than-estimated fourth-quarter earnings, weeks after its share price was hit by the surprise departure of its chief financial officer.
- Telefónica posted fourth-quarter earnings that met analyst estimates as growth in Spain and Brazil offset weakness in other European markets.
- Unite plunged the most in more than four months after the UK student housing landlord’s full-year results showed a protracted slump in demand from international applicants.
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