TOP NEWS: Melrose Industries reports narrowed loss as aerospace firm

Melrose Industries PLC on Wednesday reported a narrowed loss in 2023 thanks to higher revenue, and it reinstated payment of a final dividend.

However, Melrose shares...

Thu, 07/03/2024 - 09:48


SMALL-CAP WINNERS & LOSERS: Funding Circle up on £25 million buyback

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

----------

SMALL-CAP - WINNERS

----------

Funding Circle Holdings PLC, up 29% at 36.10...

Thu, 07/03/2024 - 09:22


TOP NEWS: Entain swings to loss on higher costs but revenue jumps

Entain PLC on Thursday said it swung to an annual loss on higher expenses but saw revenue surge on a strong performance from its BetMGM...

Thu, 07/03/2024 - 09:12


LONDON MARKET OPEN: Stocks mixed amid Virgin Money UK takeover

Stock prices in London were a mixed bag at the open on Thursday, with the FTSE 100 lower ahead of the next ECB interest rate...

Thu, 07/03/2024 - 09:00


LONDON BROKER RATINGS: ITV, LondonMetric, Man, Domino’s get upgrades

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

----------

FTSE 100

----------

JPMorgan raises Melrose Industries target to 650 (620) pence - ’overweight’

----------

Berenberg raises ConvaTec price target to...

Thu, 07/03/2024 - 08:54


TOP NEWS: Nationwide strikes £2.9 billion deal to buy Virgin Money

Nationwide Building Society on Thursday said it has reached a ‘preliminary’ agreement to buy Virgin Money UK PLC for £2.9 billion in a deal that...

Thu, 07/03/2024 - 08:28


TOP NEWS: UK house prices rise for fifth month in a row - Halifax

UK house prices rose for the fifth consecutive month in February, according to data from Halifax on Wednesday.

The Halifax house price index rose by 0.4%...

Thu, 07/03/2024 - 07:11


UK’s Jeremy Hunt hints at more pre-election giveaways after budget

UK Chancellor Jeremy Hunt has left the door open for more pre-election giveaways after delivering another 2p cut in national insurance in the budget.

The chancellor...

Thu, 07/03/2024 - 05:57


Budget 2024: British ISA launched, booze duty freeze lifts pub stocks

The unveiling of a new British ISA helped give domestic stocks a modest lift after its announcement in the Budget.

The £5,000 limit on the...

Thu, 07/03/2024 - 00:00


When cutting the dividend can be the right thing to do

There was interesting market reaction to the recent decision (5 March) by builders merchant Travis Perkins (TPK) to slash its dividend by a whopping 58%....

Thu, 07/03/2024 - 00:00


Pages