FTSE falls after weak Chinese trade data, Holiday Inn owner IHG sees profit rebound, Beyond Meat sales slump and Glencore hit by normalising commodity markets

“The Chinese economy continues to splutter and that’s bad news for a FTSE 100 chock full of companies which are closely tied to its fortunes,”...

Tue, 08/08/2023 - 09:43


Goodwin raises dividend as annual profit grows on higher prices

Goodwin PLC on Tuesday reported a higher profit on the back of competitive pricing as it declared a higher dividend.

The Stoke-on-Trent-based engineer said in...

Tue, 08/08/2023 - 09:37


Kore Potash to pay up to $5 million as part of revised agreement

Kore Potash PLC said on Tuesday it had entered into a revised agreement that will see SEPCO Electric Power Construction Corp provide the company with...

Tue, 08/08/2023 - 09:34


Round Hill expands portfolio with Big Loud Shirt acquisition

Round Hill Music Royalty Fund Ltd on Tuesday said it acquired the remaining share of Big Loud Shirt Industries LLC’s publishing rights.

Round Hill, which...

Tue, 08/08/2023 - 09:32


IN BRIEF: Adriatic Metals raises $32.0 million through placing

Adriatic Metals PLC - precious and base metals explorer and developer that owns the Vares silver project in Bosnia & Herzegovina and the Raska zinc...

Tue, 08/08/2023 - 09:30


LONDON BROKER RATINGS: Deutsche Bank cuts WPP to ’hold’ from ’buy’

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

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FTSE 100

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Deutsche Bank cuts WPP to ’hold’ (buy) - price target to 1,030 (1,230) pence

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JPMorgan cuts Aviva...

Tue, 08/08/2023 - 09:25


LONDON MARKET OPEN: Tepid China trade data weighs on mining shares

Miners led the FTSE 100 lower in early trade on Tuesday, as trade data from China underwhelmed, with focus now turning to an inflation reading...

Tue, 08/08/2023 - 09:13


IN BRIEF: CT Property Trust now part of LondonMetric Property

LondonMetric Property PLC - London-based property investor - CT Property Trust Ltd, a real estate investment trust, formerly known as BMO Real Estate Investments, is...

Tue, 08/08/2023 - 09:07


SIG reports half year profit fall with ‘challenging market conditions’

SIG PLC on Tuesday reported a narrow revenue rise but a pretax profit fall, citing a ‘difficult’ market environment the company was operating in.

Revenue...

Tue, 08/08/2023 - 08:59


TOP NEWS: IHG posts stronger interim trading on higher demand

InterContinental Hotels Group PLC on Tuesday said higher demand drove its half-year profit and revenue up.

The Windsor, Berkshire-based operator of InterContinental, Holiday Inn and...

Tue, 08/08/2023 - 08:54


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