Dunedin Income Growth underperforms benchmark but outlook optimistic

Dunedin Income Growth Investment Trust PLC on Tuesday said the outlook for the UK was better than at the start of the year as inflation...

Tue, 01/10/2024 - 10:51

IN BRIEF: Partners Group exits Techem at €6.7 billion valuation

Partners Group Holding AG - Baar-Zug, Switzerland-based private equity investor - Sells its majority stake in Techem GmbH at an enterprise value of €6.7 billion...

Tue, 01/10/2024 - 10:43

WPP shares up on ‘relief’ as spot on Unilever advertising team assured

WPP PLC shares rose on Tuesday after the company’s Mindshare won business with Unilever PLC after the consumer good firm’s ‘media agency review’.

WPP shares...

Tue, 01/10/2024 - 10:39

James Halstead celebrates dividend raise as profit grows

James Halstead PLC on Tuesday announced an annual profit climb as cost of sales fell more sharply than revenue.

The Manchester-based commercial flooring manufacturer and...

Tue, 01/10/2024 - 10:36

Renew Holdings says ‘well-positioned’ as predicts yearly profit beat

Engineering firm Renew Holdings PLC on Tuesday said it expects to report annual earnings ahead of expectations, hailing ‘strong organic growth’.

Shares rose 7.6% to...

Tue, 01/10/2024 - 10:20

3i Infrastructure touts benefits of defensive firms in growth markets

3i Infrastructure PLC on Tuesday said it is on track to meet its financial 2025 dividend target after a good first half.

The Jersey-based infrastructure investment...

Tue, 01/10/2024 - 10:11

TOP NEWS: UK manufacturing keeps growing but business confidence drops

The UK manufacturing sector experienced a ‘solid expansion’ in September, data from S&P Global showed on Tuesday.

The seasonally adjusted S&P Global UK manufacturing purchasing...

Tue, 01/10/2024 - 10:02

FTSE 100 higher, WPP rises on Unilever relief, Greggs’ growth slows, Mulberry rejects Frasers’ takeover bid, eBay in radical UK move and US dockworker strike could feed into higher inflation

“The FTSE 100 ticked higher on Tuesday morning with oil prices remaining steady despite Israel launching a ground offensive against Hezbollah in Lebanon,” says AJ...

Tue, 01/10/2024 - 09:51

LONDON BROKER RATINGS: Barclays cuts Smiths Group to ’equal weight’

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

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FTSE 100

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Citigroup raises Antofagasta price target to 2,300 (2,200) pence - ’buy’

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Bernstein raises easyJet...

Tue, 01/10/2024 - 09:40

TOP NEWS: Greggs backs outlook but sales growth cools in third quarter

Greggs PLC on Tuesday reported a double-digit sales increase in the third quarter, although the pace of growth slowed from the pace set in the...

Tue, 01/10/2024 - 09:27

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