Liontrust outflows spike during ‘less comfortable part of journey’

Liontrust Asset Management PLC suffered over £3 billion worth of outflows in its first half as it grapples with a ‘challenging period’ for the sector...

Thu, 16/11/2023 - 10:23


Foresight Solar sells stake in Spanish solar farm Lorca portfolio

Foresight Solar Fund Ltd on Thursday said it sold a 50% stake in its 99 megawatt Lorca portfolio in Spain.

The deal is for €26.9 million,...

Thu, 16/11/2023 - 10:23


TOP NEWS: Premier Foods hails pricing-boosted interim profit growth

Premier Foods PLC on Thursday reported higher profit buoyed by putting up prices as it expected further profit growth in the current financial year 2024.

The...

Thu, 16/11/2023 - 10:19


FTSE 100 consolidates recent gains, losses pile up for Royal Mail owner, Burberry warns, takeovers for Hotel Chocolat and City Pub

“The FTSE 100 was flat on Thursday, consolidating its recent gains as investors await the next big push in any particular direction,” says AJ Bell...

Thu, 16/11/2023 - 10:17


City Pubs agrees to Young’s takeover offer; Young’s profit rises

City Pub Group PLC on Thursday agreed to a cash and shares takeover offer from Young & Co’s Brewery PLC worth around £162 million, while...

Thu, 16/11/2023 - 10:11


Aviva confirms 2023 profit and dividend guidance amid ‘momentum’

Aviva PLC on Thursday reaffirmed its guidance for operating profit growth in 2023, as the slimmed down insurer reported ‘strong growth’ in the first nine...

Thu, 16/11/2023 - 10:05


SMALL-CAP WINNERS & LOSERS: Norcros to deliver on market expectations

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

----------

SMALL-CAP - WINNERS

----------

Norcros PLC, up 2.7% at 159.5 pence, 12-month...

Thu, 16/11/2023 - 09:59


Qinetiq backs outlook despite hit from ‘short-term timing effects’

Qinetiq Group PLC on Thursday backed annual guidance, though it said its first-half cash conversion rate was weaker than expected.

Shares in the company traded...

Thu, 16/11/2023 - 09:54


TOP NEWS: Mars checks into Hotel Chocolat with £530 million offer

Hotel Chocolat Group PLC shares surged on Thursday, after it said it has agreed a takeover offer with US confectionery products manufacturer Mars Inc.

Hotel Chocolat’s...

Thu, 16/11/2023 - 09:47


LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

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

----------

FTSE 100

----------

Goldman Sachs raises Smiths Group price target to 2,220 (2,180) pence - ’buy’

----------

UBS cuts...

Thu, 16/11/2023 - 09:40


Pages