Spectris shares fall as China weakness hurts first-quarter

Spectris PLC on Thursday backed annual guidance but reported a ‘slightly softer than anticipated’ first-quarter.

Shares in the company fell 1.4% to 3,226.00 pence each...

Thu, 02/05/2024 - 09:56


LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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FTSE 100

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Deutsche Bank starts St James’s Place with ’hold’ - price target 450 pence

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Deutsche Bank...

Thu, 02/05/2024 - 09:48


Diploma buys seals and gaskets supplier PAR for £38 million

Diploma PLC on Thursday said it acquired supplier of specialist seals and gaskets PAR Group Ltd for around £38 million.

The London-based supplier of specialised technical...

Thu, 02/05/2024 - 09:47


Hiscox shrugs off fall in London market to post insurance premium rise

Hiscox Ltd on Thursday reported healthy growth in first quarter insurance contract written premiums despite a drop in the London market which followed the non-renewal...

Thu, 02/05/2024 - 09:42


Melrose remains on track as Engines arm powers strong first quarter

Melrose Industries PLC on Thursday backed recently increased full-year guidance driven by strong growth in its Engines business.

Birmingham, England-based Melrose is a ’pure-play’ aerospace...

Thu, 02/05/2024 - 09:25


Iran slaps sanctions on US, UK over Israel support

Iran announced on Thursday sanctions on several American and British individuals and entities for supporting Israel in its war against the Palestinian militant group Hamas.

The...

Thu, 02/05/2024 - 09:14


LONDON MARKET OPEN: FTSE 100 climbs as Fed soothes rate hike worries

London’s FTSE 100 made a bright start to trading on Thursday, after Federal Reserve Chair Jerome Powell played down fears of an interest rate increase,...

Thu, 02/05/2024 - 08:53


TOP NEWS: Shell launches fresh buyback as lower earnings top forecasts

Shell PLC on Thursday announced a new $3.5 billion share buyback, alongside lower first quarter earnings which nonetheless beat market expectations.

Shares in the London-based oil...

Thu, 02/05/2024 - 08:44


TOP NEWS: StanChart backs guidance as first-quarter profit rises

Standard Chartered PLC on Thursday affirmed its annual financial guidance for 2024, reporting a strong start to the year.

The London-based, Asia-focused bank reported operating income...

Thu, 02/05/2024 - 06:25


UK Tories expect ’significant losses’ at local elections - chancellor

Jeremy Hunt has said the Conservatives will likely suffer ‘significant losses’ in the local elections as the party braces itself for a contest seen as...

Thu, 02/05/2024 - 06:22


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