FTSE 100 takes step back as oil falls, Bloomsbury shines, cracks appear in Frasers’ luxury division amid wider sector issues, GameStop still losing money and Vertu warns on used car market

“The FTSE 100 took a step back on Thursday amid weak trading in the US and China as some of the excitement about a pivot...

Thu, 07/12/2023 - 10:24


LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

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FTSE 100

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Kepler Cheuvreux cuts Burberry price target to 1,500 (2,100) pence - ’hold’

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JPMorgan raises Rio Tinto...

Thu, 07/12/2023 - 10:16


Finsbury Growth grows annual dividend but underperforms benchmark

Finsbury Growth & Income Trust PLC on Thursday said net asset value increased during its latest financial year, and swung to a positive total return.

The...

Thu, 07/12/2023 - 10:13


Balfour Beatty expects revenue growth; set to meet expectations

Balfour Beatty PLC on Thursday said it expects full-year revenue to grow 5% year-on-year on increased HS2 volumes in the UK and higher airport activity...

Thu, 07/12/2023 - 10:12


UK Prime Minister Sunak to face Covid-19 inquiry questioning on Monday

Rishi Sunak will be questioned about his actions during the Covid-19 pandemic when he appears before the hearing on Monday.

The UK prime minister was chancellor...

Thu, 07/12/2023 - 09:56


Coats signs agreement with UK Pension Scheme Trustee; hails benefit

Coats Group PLC on Thursday said it reached an agreement with the trustee of the Coats UK Pension Scheme to switch off pension deficit repair...

Thu, 07/12/2023 - 09:55


TOP NEWS: Watches of Switzerland warns on ‘challenging’ UK backdrop

Watches of Switzerland Group PLC on Thursday warned of poor trading conditions in the UK, but did laud revenue growth in the US.

For the six...

Thu, 07/12/2023 - 09:39


Smart Metering Systems stock soars on £1 billion takeover offer

Smart Metering Systems PLC on Thursday said it has agreed on the terms of an all-cash private equity acquisition that values it at approximately £1.4...

Thu, 07/12/2023 - 09:32


Games Workshop shares fall as eyes interim profit growth, ups dividend

Games Workshop Group PLC on Thursday said it expected higher interim profit, revenue and declared an increased dividend.

The Nottingham, England-based miniature wargames maker and retailer...

Thu, 07/12/2023 - 09:19


LONDON MARKET OPEN: Blue-chips in Europe fall after tepid China data

The FTSE 100 suffered a slow start on Thursday, with broker downgrades hitting some of its more influential constituents, though there was some impetus from...

Thu, 07/12/2023 - 09:17


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