Diversified Energy net profit dives on loss on fair value adjustments

Diversified Energy Co PLC on Thursday reported a decline in production amid a sharp fall in profit due to fair value adjustments.

The US-focused natural gas...

Thu, 15/08/2024 - 10:09


JPMorgan American Investment lifts dividend and outperforms benchmark

JPMorgan American Investment Trust PLC on Thursday said it outperformed its benchmark in the first half due to its exposure to large-cap US stocks.

The...

Thu, 15/08/2024 - 09:57


LONDON BROKER RATINGS: Royal Bank of Canada raises DCC to ’outperform’

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

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FTSE 100

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Goldman Sachs raises British American Tobacco price target to 2,800 (2,750) pence -...

Thu, 15/08/2024 - 09:47


FTSE 100 ticks higher after GDP release, Cisco Systems beats forecasts and unveils job cuts and Admiral impresses as it delivers bumper dividend increase

“The FTSE 100 ticked higher on Thursday morning after decent gains in the US and Asia overnight and as UK GDP figures came in as...

Thu, 15/08/2024 - 09:45


Empiric Student Property ups payout as profit edges up on good demand

Empiric Student Property PLC on Thursday celebrated high occupancy and rental growth amid solid demand for student accommodation.

The London-based owner and operator of studio-led...

Thu, 15/08/2024 - 09:34


TOP NEWS: OSB’s lowered outlook takes shine off first-half progress

Shares in OSB Group PLC plunged after the specialist lender reduced full-year guidance to reflect intensifying competition.

The Chatham, England-based mortgage lender, formerly known as...

Thu, 15/08/2024 - 09:30


TOP NEWS: Admiral raises dividend as profit jumps 32% in first half

Admiral Group PLC on Thursday reported strong financial performance in the first half with the company increasing its customer base in UK motor insurance.

Admiral shares...

Thu, 15/08/2024 - 09:15


LONDON MARKET OPEN: Stocks mixed as quarterly UK GDP growth slows

Stock prices in London opened mixed on Thursday while European counterparts were in the green, amid news that the UK economy flatlined monthly in June...

Thu, 15/08/2024 - 08:42


TOP NEWS: UK GDP shows no growth in June; trade deficit widens

The UK economy showed no growth in June while industrial output edged down, data published by the Office for National Statistics showed on Thursday.

UK gross...

Thu, 15/08/2024 - 07:36


A dramatic shake-up of the US presidential race may take time to be felt in markets

There has been a seismic swing in the polling ahead of this year’s crunch US presidential election (5 November).

The latest polls conducted between 5...

Thu, 15/08/2024 - 00:00


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