Goodwin interim profit virtually flat despite revenue growth

Goodwin PLC on Wednesday reported a slight decline in half-year profit as costs increased and unrealised gain contracted.

The Stoke-on-Trent-based engineer said pretax profit fell slightly...

Wed, 20/12/2023 - 10:43


Petrofac shares soar on ‘healthy’ trading and new Hitachi deal

Petrofac Ltd on Wednesday announced a mixed but robust performance this year, and announced a new contract with Hitachi Energy.

Shares in Petrofac surged up...

Wed, 20/12/2023 - 10:43


SMALL-CAP WINNERS & LOSERS: Petrofac soars on $1.4 billion contract

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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Petrofac Ltd, up 40% at 31.35 pence, 12-month...

Wed, 20/12/2023 - 10:19


UK stock market rallies on lower-than-expected inflation figures, Chinese stocks at new three-year low, FedEx warns again and Petrofac surges on contract news

“Considerably lower than expected inflation figures have put a rocket under the UK stock market as investors take the view the Bank of England will...

Wed, 20/12/2023 - 10:06


John Wood appoints ‘business leaders’ to leadership team

John Wood Group PLC on Wednesday announced the appointment of replacements for its outgoing human resources leader and group general counsel.

The Aberdeen, Scotland-based engineering...

Wed, 20/12/2023 - 10:00


PureTech makes strong progress, expects ‘multiple catalysts’ next year

PureTech Health PLC on Wednesday said it made ‘strong strategic and clinical progress’ in 2023, and predicted ‘a productive and exciting’ tear to come.

The Boston,...

Wed, 20/12/2023 - 09:53


UK house prices fall 1.2% in October; September revised to bigger fall

UK house prices fell at a steeper pace on an annual basis in October, according to government data on Wednesday

The Office for National Statistics said...

Wed, 20/12/2023 - 09:52


Prudential and partner invest more in China life insurance venture

Prudential PLC on Wednesday said that, together with its local partner, it has invested an additional ¥2.5 billion, about $351 million, into a life insurance...

Wed, 20/12/2023 - 09:51


LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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FTSE 100

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Goldman Sachs cuts Reckitt Benckiser price target to 5,900 (6,680) pence - ’neutral’

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Bank of...

Wed, 20/12/2023 - 09:25


IN BRIEF: London Stock Exchange to let managers sell stakes

London Stock Exchange Group PLC - exchange operator and provider of post-trade services, financial data and stock indices - Waives management incentive plan lock-up; managers...

Wed, 20/12/2023 - 09:23


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