Edinburgh Worldwide misses benchmark after wave of reallocations

Edinburgh Worldwide Investment Trust PLC on Thursday said it sees signs of improvement amid ongoing economic volatility.

The Edinburgh, Scotland-based fund managed by Ballie Gifford &...

Thu, 06/06/2024 - 10:12


Markets up ahead of potential ECB rate cut, Nvidia joins the $3 trillion club, Lululemon trips up and Fevertree on track as it gains market share

Nvidia’s valuation topping $3 trillion, a storming run for the Nasdaq index in the US last night, and the prospect of interest rate cuts...

Thu, 06/06/2024 - 10:12


TOP NEWS: UK construction sector growth beats expectations in May

The UK’s construction activity rose at its fastest pace in two years in May, survey results from S&P Global showed Thursday.

The headline S&P Global UK...

Thu, 06/06/2024 - 09:47


Mission Group rejects ‘opportunistic’ bid proposal from Brave Bison

Mission Group PLC on Thursday unanimously rejected an ‘opportunistic’ revised bid proposal from Brave Bison Group PLC stating it ‘undervalues the group and its prospects’.

Mission,...

Thu, 06/06/2024 - 09:40


LONDON BROKER RATINGS: JPMorgan likes DCC; RBC likes Paragon Banking

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 cuts Whitbread price target to 4100 (4650) pence - ’buy’

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Goldman Sachs...

Thu, 06/06/2024 - 09:34


Antofagasta transfers water assets at Centinela mine to consortium

Antofagasta PLC on Wednesday said it completed the process of entering into a water transportation agreement, with payment due later this year.

In March, the Chile-focused...

Thu, 06/06/2024 - 09:22


IN BRIEF: Bridgepoint picks former Arm CFO to replace founder as chair

Bridgepoint Group PLC - London-based private equity investor - Promotes director Tim Score to chair with effect from July 1, succeeding William Jackson, Bridgepoint’s founder,...

Thu, 06/06/2024 - 09:17


LONDON MARKET OPEN: Stocks rise ahead of expected ECB rate cut

Stock prices in London opened in the green on Thursday, hours before the upcoming interest rate decision from the European Central Bank.

The FTSE 100 index...

Thu, 06/06/2024 - 09:05


Fevertree mixes top line growth with market gains as backs outlook

Fevertree Drinks PLC on Thursday highlighted broad-based growth as it reiterated guidance for the full-year.

‘The brand has continued to drive market share gains across its...

Thu, 06/06/2024 - 09:01


TOP NEWS: Confident Mitie sees another year of solid revenue growth

Mitie Group PLC on Thursday celebrated reaching all targets set out in its three year plan, amid double-digit increases in sales and profit.

Shares in...

Thu, 06/06/2024 - 08:43


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