Soc Gen's 'Easy Wins', Kuehne+Nagel Collab, Lotus Bakeries Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Societe Generale Chief Executive Officer Slawomir Krupa lifted the lender’s profitability target as he aims to cut costs and boost investor payouts with a new strategy.
- Kuehne+Nagel shares rise as much as 5.2% following the freight transportation firm’s collaboration with US tech behemoth Amazon, which will include providing assistance on logistics services and infrastructure for Amazon Web Services.
- Lotus Bakeries gains as much as 5.5% after Jefferies initiates coverage of the Biscoff biscuits maker with a buy recommendation, calling the firm “one of Europe’s fastest-growing consumer compounders.”
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