Market news


LONDON BROKER RATINGS: UBS double upgrades AJ Bell to ’buy’

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

----------

FTSE 100

----------

Deutsche Bank cuts BT Group price target to 130 (145) pence - ’hold’

----------

JPMorgan cuts...

Wed, 01/05/2024 - 09:26


IN BRIEF: Halma buys MK Test Systems to tuck into Safety division

Halma PLC - Buckinghamshire, England-based safety equipment maker - Buys MK Test Systems Ltd for £44 million, funded from existing facilities. Wellington, Somerset-based MK Test...

Wed, 01/05/2024 - 09:11


Smith & Nephew confident for full-year despite mixed first quarter

Smith & Nephew PLC on Wednesday backed its full-year outlook after growth in its Orthopaedics and Sports Medicine divisions offset weakness in Advanced Wound Management.

Shares...

Wed, 01/05/2024 - 09:09


LONDON MARKET OPEN: FTSE 100 higher but hawkish Powell expected later

Large-cap London stocks in London opened in the green on Wednesday, despite nervy trade in New York overnight ahead of the Federal Reserve’s interest rate...

Wed, 01/05/2024 - 09:08


TOP NEWS: Haleon backs guidance as profit edges up in first quarter

Haleon PLC on Wednesday reported higher profit in the first quarter of 2024, as cost of sales decreased by more than revenue.

The Surrey, England-based consumer...

Wed, 01/05/2024 - 08:57


TOP NEWS: Next first-quarter beats forecast and backs annual outlook

Next PLC on Wednesday said sales in its first quarter topped its forecast, and it maintained annual expectations but predicted a ‘weaker’ second-quarter ahead.

In...

Wed, 01/05/2024 - 08:54


TOP NEWS: GSK expects momentum to continue after strong first quarter

GSK PLC on Wednesday raised its annual earnings forecast, and said it expects sales growth at the top-end of guidance, after a ‘strong’ start to...

Wed, 01/05/2024 - 08:50


Final day of campaigning begins ahead of Thursday’s UK local elections

Politicians and canvassers are beginning their final day of campaigning ahead of Thursday’s local elections in the UK.

Voters in England and Wales will go to...

Wed, 01/05/2024 - 06:54


Ireland’s manufacturing sector orders in sharpest fall since late 2022

Ireland’s manufacturing sector had the steepest fall in new orders in April since late 2022 amid weakening demand, S&P Global data showed Wednesday.

The seasonally...

Wed, 01/05/2024 - 06:52


South Korea discussing participation in Aukus tech pact - minister

South Korea’s defence minister on Wednesday said his country was actively discussing participation in a landmark defence technology pact between Australia, the UK and the...

Wed, 01/05/2024 - 05:50


Pages