TOP NEWS: UK manufacturing downturn sinks to seven month low

The downturn in the UK’s manufacturing sector continued in July, according to survey data on Tuesday.

The S&P Global/CIPS manufacturing purchasing managers’ index worsened to 45.3...

Tue, 01/08/2023 - 09:45


TOP NEWS: Diageo annual sales, profit grow thanks to price increases

Diageo PLC on Tuesday increased its annual dividend as sales and profit grew on higher alcohol prices despite a decline in volumes sold.

Diageo is...

Tue, 01/08/2023 - 09:39


LONDON BROKER RATINGS: JPMorgan cuts L&G, St James’s price target

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

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FTSE 100

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JPMorgan cuts Legal & General price target to 315 (355) pence - ’overweight’

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JPMorgan cuts St James’s...

Tue, 01/08/2023 - 09:24


Coats reports interim profit and revenue fall from industry destocking

Coats Group PLC on Tuesday reported a fall in its half year revenue and profit in a difficult period, expecting full year results on the...

Tue, 01/08/2023 - 09:21


TOP NEWS: Fresnillo cuts dividend as higher costs slash interim profit

Fresnillo PLC on Tuesday halved its half-year payout in response to a steep drop in profit, but maintained its production guidance for all of 2023.

Fresnillo...

Tue, 01/08/2023 - 09:18


LONDON MARKET OPEN: Fresnillo weighs on FTSE; muted start amid PMIs

Stocks in London made little headway at Tuesday’s market open, amid a busy economic calendar and earnings from blue chip companies.

The FTSE 100 index...

Tue, 01/08/2023 - 09:05


TOP NEWS: BP announces $1.5 billion share buyback on interim profit

BP PLC on Tuesday announced a $1.5 billion share buyback programme and raised its dividend as it posted an interim swing to a profit.

Second quarter...

Tue, 01/08/2023 - 08:53


TOP NEWS: Weir Group reports ‘record order book’ in half year

Weir Group PLC on Tuesday reported a rise in profit and revenue in the first half of 2023, with its outlook for the full year...

Tue, 01/08/2023 - 08:41


TOP NEWS: UK house prices fall at fastest annual rate in 14 years

The average UK house price fell at the fastest annual rate in 14 years in July, according to an index on Tuesday.

Property values declined by...

Tue, 01/08/2023 - 08:11


Pan African Resources ties up funding package for Mintails project

Pan African Resources PLC on Tuesday said the construction of its Mintails tailings retreatment plant will start after raising R 2.5 billion in debt funding for...

Tue, 01/08/2023 - 07:46


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