TOP NEWS: Watches of Switzerland hails growth chances as revenue rises

Watches of Switzerland Group PLC on Tuesday hailed growth opportunities in the UK, US and Europe as it reported an improved second-quarter, despite a ‘difficult...

Tue, 07/11/2023 - 10:05


Direct Line ‘confident’ going forward after strong third quarter

Direct Line Insurance Group PLC on Tuesday reported significantly increased written premiums, and strong trading in its Motor division, during the latest quarter.

The Bromley, England-based...

Tue, 07/11/2023 - 09:57


TOP NEWS: UK grocery price inflation falls to single-digits

UK grocery price inflation dropped to an eight-month low of 9.7% in the four weeks to October 29, according to survey data from Kantar on...

Tue, 07/11/2023 - 09:53


SMALL-CAP WINNERS & LOSERS: Direct Line leads Sabre higher

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

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SMALL-CAP - WINNERS

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XP Power Ltd, up 24% at 1,280.00 pence,...

Tue, 07/11/2023 - 09:49


Hipgnosis Songs Fund welcomes Intuitive Investments CEO as new chair

Hipgnosis Songs Fund Ltd on Tuesday said it has hired Intuitive Investments PLC Chief Executive Officer Robert Naylor as chair, with immediate effect.

Hipgnosis Songs...

Tue, 07/11/2023 - 09:48


TOP NEWS: Beazley posts rise in premiums; expects strong annual profit

Beazley PLC on Tuesday said it expects to report a ‘strong’ full year profit after posting a surge in insurance written premiums.

Beazley is the...

Tue, 07/11/2023 - 09:36


LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

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

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FTSE 100

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Jefferies cuts Hikma to ’hold’ (buy) - price target 1,940 (2,125) pence

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Deutsche Bank cuts...

Tue, 07/11/2023 - 09:28


TOP NEWS: AB Foods hails Primark as annual profit and revenue grow

Associated British Foods PLC on Tuesday said it overcame ‘unseasonal weather’ in its latest financial year, with revenue increasing across all segments as profit followed...

Tue, 07/11/2023 - 09:13


TOP NEWS: RS Group interim profit plunges on difficult markets

RS Group PLC on Tuesday reported a disappointing set of interim results, as revenue took a hit from tricky market conditions, and rising costs ate...

Tue, 07/11/2023 - 09:11


LONDON MARKET OPEN: Tepid start on hawkish Fed speak but AB Foods up

London’s FTSE 100 opened a touch lower on Tuesday, with gains for Primark owner Associated British Foods and Sports Direct operator Frasers Group offset by...

Tue, 07/11/2023 - 09:09


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