SMALL-CAP WINNERS & LOSERS: K3 Business sees interim revenue decline

The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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Northern Bear PLC, up 1.5% at 62.41 pence,...

Wed, 17/07/2024 - 10:50


IN BRIEF: Mitie buys high-voltage power connections firm ESM Power

Mitie Group PLC - Glasgow-based facilities management - Buys Scunthorpe, Lincolnshire-based ESM Power Ltd for up to £8.5 million, including a £5.5 million initial payment...

Wed, 17/07/2024 - 10:39


Renold to pay first dividend since 2005 as annual profit surges 32%

Renold PLC on Wednesday announced its first dividend in almost two decades after reporting record trading performance.

The Manchester, England-based company is a supplier of industrial...

Wed, 17/07/2024 - 10:39


Genus to meet profit expectations amid downgraded outlook

Genus PLC on Wednesday said the company is on track to meet market expectations in financial 2024, despite challenges in the Chinese market.

The Basingstoke, England-based...

Wed, 17/07/2024 - 10:31


UK stocks fall as inflation data lowers chances of imminent rate cut, HSBC appoints new CEO, ASML riding high on AI, Adidas bounces back and Reckitt hit by tornado

“UK stocks took a tumble after components of the latest inflation data lowered the chances of a near-term interest rate cut from the Bank of...

Wed, 17/07/2024 - 10:25


Babcock annual underlying earnings up but will take Navy contract hit

Babcock International Group PLC on Wednesday said it its design was now more mature as it expect to report a jump in underlying operating profit....

Wed, 17/07/2024 - 10:25


Antofagasta eyes higher copper production in 2024 despite fall so far

Antofagasta PLC on Wednesday reported a decline in the production and sales of copper in the first half of 2024, but expects full-year production to...

Wed, 17/07/2024 - 09:41


LONDON BROKER RATINGS: RBC cuts Legal & General to ’sector perform’

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

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FTSE 100

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Barclays cuts Burberry price target to 820 (1,000) pence - ’equal weight’

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Barclays cuts...

Wed, 17/07/2024 - 09:40


Rio Tinto picks National Grid’s Katie Jackson to head copper business

Rio Tinto PLC on Wednesday said Katie Jackson will take charge of the company’s copper mines, bringing a wealth of experience across the energy sector.

The...

Wed, 17/07/2024 - 09:31


LONDON MARKET OPEN: Stocks mixed ahead of eurozone CPI, King’s Speech

Stocks in Europe were mostly lower on Wednesday morning, ahead of a eurozone consumer price inflation reading and the King’s Speech.

The FTSE 100 index...

Wed, 17/07/2024 - 09:05


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