Coca-Cola HBC confident after ‘strong’ quarterly revenue growth

Coca-Cola HBC AG on Tuesday said it now has ‘greater confidence’ in achieving targets for annual revenue and earnings, after seeing net sales revenue growth,...

Wed, 03/05/2023 - 10:03


FTSE 100 higher ahead of rates decision, US default fears, Lloyds enjoys profit boost, Barratt sees signs of recovery and Haleon faces margin squeeze

“The FTSE 100 made a strong start on Wednesday ahead of the latest news on US interest rates,” says AJ Bell Investment Director Russ Mould....

Wed, 03/05/2023 - 09:51


LONDON BROKER RATINGS: DZ Bank cuts BP to ’hold’; Berenberg likes HSBC

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

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FTSE 100

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Deutsche Bank raises WPP price target to 1,230 (1,170) pence - ’buy’

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Deutsche Bank raises...

Wed, 03/05/2023 - 09:38


IN BRIEF: Intertek trading in line with guidance, updates growth plans

Intertek Group PLC - London-based quality assurance service provider - Says current trading for 2023 is in line with guidance. Expects to invest around £115...

Wed, 03/05/2023 - 09:34


TOP NEWS: Barratt Development on track for annual home completions

Housebuilder Barratt Developments PLC on Wednesday said it is now fully forward sold for financial 2023, thanks to an improved sales rates.

The Leicestershire-based housebuilder...

Wed, 03/05/2023 - 09:33


IN BRIEF: Watches of Switzerland CFO steps down, former CFO steps up

Watches of Switzerland Group PLC - Leicester, England-based luxury watch retailer - Announces Bill Floydd will stand down from his role as chief financial officer...

Wed, 03/05/2023 - 09:29


LONDON MARKET OPEN: Shares higher as Lloyds delivers with US Fed ahead

Another reassuring earnings report from a major UK bank helped shares in London to start positively on Wednesday, despite continued banking sector concern in the...

Wed, 03/05/2023 - 09:25


TOP NEWS: BNP Paribas hails strategy on first-quarter revenue rise

BNP Paribas SA on Wednesday touted the strength of its business model, after seeing both income and revenue rise over the first quarter.

For the three...

Wed, 03/05/2023 - 09:21


TOP NEWS: Haleon reports quarterly double-digit revenue growth

Haleon PLC on Wednesday said strong performance across all categories and regions drove its quarterly growth.

Haleon is a Weybridge, Surrey-based consumer healthcare products company...

Wed, 03/05/2023 - 09:12


TOP NEWS: Lloyds backs guidance as first-quarter profit rises 46%

Lloyds Banking Group PLC on Wednesday said first quarter profit was up in line with improving income, including interest income, while it backed its annual...

Wed, 03/05/2023 - 09:10


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