ConvaTec profits hurt by lower revenues, higher costs amid turnaround

ConvaTec Group reported a fall in profits on lower revenues and increasing costs as the company ramped up investments to support its turnaround.

For...

Thu, 01/08/2019 - 08:33


RSA posts increase in H1 operating profits in 'solid' first half

Insurer RSA reported an increase in first-half operating profits, driven by strong performance in its Personal Lines business.

Group operating profit excluding exits rose to...

Thu, 01/08/2019 - 08:30


Broker Forecast - Berenberg issues a broker note on Sabre Insurance Group Plc

Berenberg today reaffirms its buy investment rating on Sabre Insurance Group Plc (LON:SBRE) and cut its price target to 290p (from 295p).

Broker Forecasts data...

Thu, 01/08/2019 - 08:30


Coats Group profits rise on improved margins

Coats Group reported a rise in profits on improved margins despite mixed conditions in underlying retail and industrial markets.

For the six months ended...

Thu, 01/08/2019 - 08:26


Broker Forecast - Berenberg issues a broker note on Howden Joinery Group PLC

Berenberg today reaffirms its hold investment rating on Howden Joinery Group PLC (LON:HWDN) and raised its price target to 520p (from 490p).

Broker Forecasts data...

Thu, 01/08/2019 - 08:20


British American Tobacco profits get boost from vaping sales

British American Tobacco reported a rise in half-yearly operating profits as sales of its vaping products offset weaker cigarette sales.

First-half adjusted operating profit rose...

Thu, 01/08/2019 - 08:15


Broker Forecast - Peel Hunt issues a broker note on Sabre Insurance Group Plc

Peel Hunt today reaffirms its buy investment rating on Sabre Insurance Group Plc (LON:SBRE) and cut its price target to 300p (from 310p).

Broker Forecasts...

Thu, 01/08/2019 - 08:10


Rio Tinto to pay $1bn special dividend as earnings climb 11%

Rio Tinto said it would pay a special dividend of $1bn after posting an 11% increase in underlying earnings (EBITDA) in the first half of...

Thu, 01/08/2019 - 08:07


Broker Forecast - RBC Capital Markets issues a broker note on Fresnillo PLC

RBC Capital Markets today downgrades its investment rating on Fresnillo PLC (LON:FRES) to sector performer (from top pick) and cut its price target to 650p...

Thu, 01/08/2019 - 08:00


Barclays ups divi as profits rise; vows to reduce costs amid challenging income environment

Barclays hiked its dividend by a fifth after reporting a rise in half-yearly profits as lower litigation costs helped boost performance easing the pressure from...

Thu, 01/08/2019 - 07:59


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