Liontrust Asset Management buys Switzerland’s GAM for fr.107 million

Liontrust Asset Management PLC on Thursday said it conditionally has agreed to buy Zurich-listed GAM Holding AG in an all-share deal valuing the Swiss peer...

Thu, 04/05/2023 - 10:36


Hiscox says thriving amid ‘very favourable market conditions’

Hiscox Ltd on Thursday reported ‘positive momentum’ throughout the first quarter, amid ‘an attractive rate environment’, with premiums on the rise.

The Hamilton, Bermuda-based insurer...

Thu, 04/05/2023 - 10:35


Morgan Sindall outlook positive as trades in line with expectations

Morgan Sindall Group PLC on Thursday said trading since the start of the year has been in line with expectations, as inflation begins to abate.

The...

Thu, 04/05/2023 - 10:27


TOP NEWS: Trainline shares jump on profit swing as eyes Europe growth

Trainline PLC on Thursday reported annual revenue and profit growth, and the rail ticketing platform is looking to the future with confidence as it plots...

Thu, 04/05/2023 - 10:01


TOP NEWS: Hargreaves Lansdown in good shape as ‘confidence returns’

Hargreaves Lansdown PLC on Thursday reported assets under administration growth in its third quarter, boosted by a pick-up in net new business.

Shares in the...

Thu, 04/05/2023 - 09:59


BAE Systems backs annual sales and earnings guidance

BAE Systems PLC on Thursday backed its full year guidance, expecting sales to rise.

The London-based defence contractor said it expects sales for 2023 to...

Thu, 04/05/2023 - 09:57


TOP NEWS: UK service sector sees strongest growth in 12 months

Growth in the UK’s services sector accelerated sharply in April, according to the latest survey data on Thursday, helping to drive growth in the private...

Thu, 04/05/2023 - 09:54


LONDON BROKER RATINGS: Wells Fargo cuts Flutter; Shore says ’sell’ CMC

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

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FTSE 100

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RBC cuts abrdn price target to 80 (85) pence - ’outperform’

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Wells Fargo cuts Flutter...

Thu, 04/05/2023 - 09:31


TOP NEWS: Next cuts second quarter outlook but backs yearly guidance

Next PLC on Thursday said its first quarter sales fell year-on-year but topped guidance, though it lowered its second quarter outlook slightly.

It maintained annual...

Thu, 04/05/2023 - 09:28


LONDON MARKET OPEN: Lower start after Fed hike, ahead of ECB decision

Shares opened lower in Europe on Thursday amid caution ahead of an interest rate decision by the European Central Bank.

New York had closed lower...

Thu, 04/05/2023 - 09:28


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