NASDAQ
$85.45—
Mike Ashley’s Frasers Group Plc acquired struggling Harvey Nichols out of insolvency, beating out rival retailer Next Plc for the storied British department store chain after it fell on hard times.
UK stocks saw an uptick today, driven by strong earnings from Glencore and Next. The FTSE 100 index benefited from these positive results, reflecting investor confidence in the market.
NEXTDC Ltd. shares advanced after the Brisbane-based data-center operator said it had won new customer contracts. This development bolstered its contracted utilization by 11% in the three months to June.