Sentences with phrase «shares came unstuck»

LONDON A popular hedge fund bet on a fall in Sainsbury's shares came unstuck on Monday after the supermarket group announced plans to merge with Walmart - owned rival Asda.

LONDON, April 30 (Reuters)- A popular hedge fund bet on a fall in Sainsbury's shares came unstuck on Monday after the supermarket group announced plans to merge with Walmart - owned rival Asda.

LONDON, April 30 - A popular hedge fund bet on a fall in Sainsbury's shares came unstuck on Monday after the supermarket group announced plans to merge with Walmart - owned rival Asda.

Not exact matches

The multi-year Dominos growth story, which saw the share price soar and the company expand into counter-intuitive markets such as Europe and Japan, appeared to come unstuck in 2017 as the share price went into a tailspin after committing the cardinal sin of failing to meet expectations and fallout from underpayment allegations.

That's not far off the group's total revenue for the half, and Karasavvidis, whose background, among other things, is in vocational training sector — a hot sector a few years ago ago which came spectacularly unstuck — also owns shares, including most recently, loan - funded shares issued at $ 2.15 a share in November and expiring in 2020.