All eyes on UK rate decision, Rolls-Royce to reinstate dividends, Next beats again and Wizz Air dives on profit slump

“‘Will they, won’t they?’ discussions have once again become the topic of conversation for investors after the Federal Reserve set the scene for a potential...

Thu, 01/08/2024 - 10:21


Wizz Air shares fall as swings to loss in first-quarter

Budget carrier Wizz Air Holdings PLC on Thursday reported first-quarter revenue growth, though a swing to loss amid a rise in financing expenses and a...

Thu, 01/08/2024 - 10:15


TOP NEWS: Shell posts new share buyback as quarterly profit up on-year

Shell PLC on Thursday announced a new $3.5 billion share buyback and its second-quarter profit beat expectations.

The London-based oil major said total revenue in...

Thu, 01/08/2024 - 09:55


LONDON BROKER RATINGS: Berenberg cuts Crest Nicholson to ’hold’

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 HSBC price target to 858 (828) pence - ’buy’

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Berenberg raises...

Thu, 01/08/2024 - 09:55


TOP NEWS: Barclays buoyed by strong investment banking performance

Barclays PLC on Thursday raised its outlook and announced a new share buyback, as it reported second-quarter top line growth.

The London-based lender said total income...

Thu, 01/08/2024 - 09:54


TOP NEWS: Next lifts guidance as second quarter beats expectations

Next PLC shares jumped on Thursday, after it said full price sales in the second quarter beat expectations and it lifted yearly profit guidance.

Shares...

Thu, 01/08/2024 - 09:50


BAE lifts dividend as revenue jumps double-digits in first half

BAE Systems PLC on Thursday said the company was ‘well positioned for sustained growth’ following strong performance in the opening half.

The London-based aerospace, defence, and...

Thu, 01/08/2024 - 09:49


TOP NEWS: UK manufacturing sector grows but inflation pressure hots up

The UK manufacturing sector strengthened in July, a survey revealed on Thursday, but rampant inflation is a ‘blot on the copybook’.

The S&P Global UK manufacturing...

Thu, 01/08/2024 - 09:46


TOP NEWS: Rolls-Royce to restore dividend as transformation speeds up

Shares in Rolls-Royce Holdings PLC soared on Thursday after it raised guidance and announced plans to pay a dividend for the first time since before...

Thu, 01/08/2024 - 09:39


CORRECT: Mondi holds interim dividend steady as interim profit drops

(Correcting that Mondi didn’t declare a special dividend on Thursday; it was paid out earlier this year.)

Mondi PLC on Thursday maintained its interim dividend, though...

Thu, 01/08/2024 - 09:18


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