Global Smaller Companies NAV falls on high inflation; raises dividend

Global Smaller Cos Trust PLC on Thursday said its annual performance was affected by a ‘challenging’ year, but noted its raised dividend payout was ‘a...

Thu, 22/06/2023 - 09:42


LONDON BROKER RATINGS: Shell raised; Goldman likes Deliveroo

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

----------

FTSE 100

----------

Morgan Stanley raises Shell to ’equal-weight’ (underweight)

----------

Jefferies cuts Berkeley Group price target to...

Thu, 22/06/2023 - 09:29


Urban Logistics swings to yearly loss but eyes maintaining dividend

Urban Logistics REIT PLC said on Thursday that it had swung to an annual loss, citing challenging market conditions in the property market.

Urban Logistics,...

Thu, 22/06/2023 - 09:22


LONDON MARKET OPEN: FTSE 100 slumps ahead of BoE rate announcement

Trading in London was solidly downbeat at Thursday’s open, as investors await the latest interest rate announcement from the Bank of England.

The FTSE 100...

Thu, 22/06/2023 - 09:05


TOP NEWS: Whitbread says UK & Germany sales drive strong first quarter

Whitbread PLC on Thursday reported a jump in quarterly revenue amid strong demand from both leisure and business travellers in the UK.

The Bedfordshire, England...

Thu, 22/06/2023 - 09:03


Spirax-Sarco enters partnership deal and invests in Norway’s Kyoto

Spirax-Sarco Engineering PLC on Thursday said it will take an ownership stake in Kyoto Group and enter deals to accelerate Kyoto’s Heatcube.

The Cheltenham, England-based...

Thu, 22/06/2023 - 08:50


Alpha Financial shares slump as warns on competition and sales cycles

Alpha Financial Markets Consulting PLC on Thursday reported yearly earnings growth, but cautioned that it expects ‘increased levels of competition’ to be a feature in...

Thu, 22/06/2023 - 08:45


TOP NEWS: DS Smith profit rises as manages robust cost inflation

DS Smith PLC on Thursday reported growth in annual profit, with cost control ‘more than offsetting volume declines’ as the packaging firm weathered rampant inflation.

London-based...

Thu, 22/06/2023 - 08:28


Sunak feels ’deep moral responsibility’ to keep his inflation pledge

UK Prime Minister Rishi Sunak says he feels a ‘deep moral responsibility’ to deliver on his pledge to halve inflation after the key driver behind...

Thu, 22/06/2023 - 05:50


Standard Chartered: will it receive a new bid or ditch the UK stock market?

If most of us are asked to name a bank with large exposure to Asia, the likelihood is the first name that comes to mind...

Thu, 22/06/2023 - 00:00


Pages