ITV quarterly Studio revenue drops due to Hollywood writers’ strikes

ITV PLC on Thursday said its quarterly Studio revenue was hurt by writers’ strikes in Hollywood, though the company remained confident in its guidance for...

Thu, 09/05/2024 - 10:31


Harbour Energy makes significant progress to complete Wintershall deal

Harbour Energy PLC on Thursday said it was on track to complete the acquisition of Wintershall Dea in the fourth quarter after receiving further regulatory...

Thu, 09/05/2024 - 10:27


Balfour Beatty says trades in line amid ‘progress’ on pacts

Balfour Beatty PLC on Thursday said it has traded in line with expectations so far in 2024, as it makes progress on major deals.

The...

Thu, 09/05/2024 - 10:26


SMALL-CAP WINNERS & LOSERS: Molten Ventures wins UK MoD supply contract

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

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SMALL-CAP - WINNERS

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Molten Ventures PLC, up 2.5% at 302.39 pence,...

Thu, 09/05/2024 - 10:17


Markets static ahead of UK rate decision, Airbnb tumbles on Q2 outlook, Arm sold off on soft outlook and ITV hit by writers’ strike delays

“It’s common to see markets freeze ahead of an interest rate decision and that’s exactly what’s happened in the UK,” says Russ Mould, Investment Director...

Thu, 09/05/2024 - 10:06


TOP NEWS: Automation sales bolster ‘encouraging’ first quarter at IMI

IMI PLC on Thursday reiterated full-year guidance after an ‘encouraging’ first quarter performance.

In a trading statement for the three months to March 31, the Birmingham,...

Thu, 09/05/2024 - 10:06


Airtel Africa swings to loss as revenue falls on currency devaluation

Airtel Africa PLC on Thursday reported a decline in revenue, on a foreign exchange hit, though the Africa-focused telecommunications firm said it has recently ‘reduced...

Thu, 09/05/2024 - 10:02


TOP NEWS: 3i NAV increase driven by compelling growth story at Action

3i Group PLC on Thursday boosted its dividend, despite a drop in profits, after an ‘excellent’ performance from retailer Action.

Shares in the London-based private...

Thu, 09/05/2024 - 10:00


LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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FTSE 100

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UBS cuts Prudential price target to 1,110 (1,140) pence - ’buy’

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Deutsche Bank starts Whitbread...

Thu, 09/05/2024 - 09:53


TOP NEWS: Upbeat BAE Systems backs outlook for double-digit sales rise

BAE Systems PLC on Thursday said trading is in line with expectations backed by increased defence spending.

In a statement ahead of Thursday’s annual general meeting,...

Thu, 09/05/2024 - 09:30


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