TBC Bank reports ‘strong start’ to year with surge in profit

TBC Bank Group PLC on Thursday reported a rise in profit and interest income in its first half.

The Tbilisi, Georgia-headquartered bank said pretax profit...

Thu, 10/08/2023 - 10:15


LONDON BROKER RATINGS: Bank of America upgrades Quilter to ’neutral’

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

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FTSE 100

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UBS raises InterContinental Hotels price target to 6,080 (5,880) pence - ’neutral’

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Jefferies raises...

Thu, 10/08/2023 - 10:08


Capita to sell travel and events businesses for £36.5 million

Capita PLC on Thursday announced that it has agreed to sell its travel and events businesses, Agiito and Evolvi, for an enterprise value of £36.5...

Thu, 10/08/2023 - 10:06


OSB Group ‘disappointed’ with half-year as profit plunges 71%

OSB Group PLC’s chief executive said on Thursday he was ‘disappointed’ with the firm’s half year results as the mortgage lender recorded a sharp drop...

Thu, 10/08/2023 - 09:57


TOP NEWS: Spirax-Sarco warns Biopharm destocking to continue into 2024

Spirax-Sarco Engineering PLC on Thursday said its first-half profit declined, and it warned of continued destocking, hurting sales to the pharmaceutical and biotechnology sectors.

The Cheltenham,...

Thu, 10/08/2023 - 09:52


JPMorgan American Investment Trust keeps dividend flat as NAV rises

JPMorgan American Investment Trust PLC on Thursday said the US is heading towards favourably reduced inflation as the company outperformed its benchmark in the first...

Thu, 10/08/2023 - 09:49


Savills shares drop as half-year profit falls; announces new chair

Savills PLC shares dropped on Thursday after it reported a plunge in half-year profit, and it announced Stacey Cartwright was the new chair.

Shares in...

Thu, 10/08/2023 - 09:44


Network International profit rises as awaits takeover by Brookfield

Network International Holdings PLC on Thursday reported higher profit in the first half of 2023, amid growth in Africa.

The London-based Middle East and Africa-focused payments...

Thu, 10/08/2023 - 09:37


LONDON MARKET OPEN: Ex-dividend shares keep lid on FTSE 100

The FTSE 100 kicked off the day in a muted fashion, though European peers surged on Thursday morning with markets optimistic ahead of a US...

Thu, 10/08/2023 - 09:23


Watches of Switzerland revenue slips in 1st quarter but keeps guidance

Watches of Switzerland Group PLC on Thursday reported a mild fall in revenue but said demand for luxury watches remains robust.

The Leicester, England-based watch retailer...

Thu, 10/08/2023 - 08:58


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