Scottish American raises dividend but underperforms benchmark

Scottish American Investment Co PLC on Thursday said earnings decreased last year, but that it retains ‘great confidence’ in its long-term strategy.

The Edinburgh-based trust, which...

Thu, 15/02/2024 - 09:46


LONDON BROKER RATINGS: Jefferies cuts Kingfisher but Citi raises

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

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FTSE 100

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Jefferies cuts Kingfisher to ’hold’ (buy) - price target 210 (330) pence

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Citigroup raises...

Thu, 15/02/2024 - 09:45


Genus shares plunge as expects adjusted profit and revenue decline

Genus PLC on Thursday warned that Chinese porcine markets continued to be ‘challenging’, as it anticipates reporting lower revenue and adjusted pretax profit for its...

Thu, 15/02/2024 - 09:41


IN BRIEF: John Wood Group adds Babcock CEO David Lockwood to board

John Wood Group PLC - Aberdeen, Scotland-based energy and materials engineering and consulting - Hires David Lockwood as non-executive director, joining the board on March...

Thu, 15/02/2024 - 09:20


BP hails arrival of LNG vessel at project off Senegal and Mauritania

BP PLC on Thursday celebrated the arrival of a gas vessel offshore west Africa, which it called a ‘major milestone’ for its project there.

The London-based...

Thu, 15/02/2024 - 09:17


LONDON MARKET OPEN: FTSE up amid rate cut hope as UK enters recession

Stock prices in London were higher on Thursday morning on news the UK has officially entered a mild recession, raising Bank of England interest...

Thu, 15/02/2024 - 09:07


UK PM Sunak in double by-election test as nation enters recession

Voters in the UK will head to the polls in two by-elections that could give an indication of the scale of the challenges facing the...

Thu, 15/02/2024 - 09:05


TOP NEWS: Centrica ups dividend by third as British Gas profit soars

Centrica PLC on Thursday rewarded shareholders with a dividend boost despite a decline in underlying earnings.

The Windsor, England-based owner of British Gas returned to profit...

Thu, 15/02/2024 - 08:58


GSK completes $1.4 billion purchase of respiratory firm Aiolos Bio

GSK PLC on Thursday said it has completed the acquisition of Aiolos Bio Ltd, expanding its respiratory portfolio with a potential ‘best-in-class’ asthma treatment.

GSK...

Thu, 15/02/2024 - 08:49


TOP NEWS: Close Brothers axes payout as warns FCA motor finance probe

Close Brothers Group PLC on Thursday warned on its dividend, sending its stock crashing, as it prepares to count the cost of a UK probe...

Thu, 15/02/2024 - 08:31


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