Investec experiencing strong performance despite ‘complex’ backdrop

Investec PLC and Ltd on Thursday hailed a ‘strong’ performance, notwithstanding the ‘complex macroeconomic backdrop’ in its current financial year.

The Sandton-based financial services firm said...

Thu, 16/03/2023 - 10:16


Markets start to recover, all eyes on the ECB, UK bank stocks in demand, Deliveroo burns through cash and The Gym Group hit by rising costs

“One minute the market is worried about a banking crisis, the next minute it is more relaxed. This hot/cold mentality creates an odd atmosphere and...

Thu, 16/03/2023 - 09:59


TOP NEWS: Halma order book ‘strong’, profit to meet market consensus

Halma PLC said on Thursday said its adjusted profit for the year ending in March 2023 is likely to be in line with market consensus.

The...

Thu, 16/03/2023 - 09:53


TOP NEWS: Rentokil Initial sees revenue surge on Terminix acquisition

Rentokil Initial PLC on Thursday said profit was down, but revenue surged by a quarter on the back of its acquisition of Terminix Global Holdings...

Thu, 16/03/2023 - 09:49


LONDON BROKER RATINGS: Man Group cut to ’neutral’ from ’outperform’

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

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FTSE 100

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Credit Suisse cuts Prudential price target to 1,480 (1,540) pence - ’outperform’

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FTSE 250

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Exane...

Thu, 16/03/2023 - 09:34


TOP NEWS: Centamin cuts annual dividend but maintains output guidance

Centamin PLC on Thursday reported improved revenue and profit for 2022 and left production guidance for the new year unchanged, but it cut its dividend...

Thu, 16/03/2023 - 09:23


LONDON MARKET OPEN: Spotlight on ECB after Credit Suisse gets rescue

Shares were rebounding early Thursday, after the Swiss central bank threw a financial lifeline to Credit Suisse, whose mounting woes triggered a sell-off of European...

Thu, 16/03/2023 - 09:14


IN BRIEF: Rotork divisional chief buys £60,000 in shares

Rotork PLC - Bath, England-based industrial flow control equipment - Metin Gerceker, managing director of Water & Power, buys 19,500 shares at average 309 pence,...

Thu, 16/03/2023 - 06:46


Fresh UK rail strike to cripple services again as dispute continues

Train services will be crippled on Thursday because of a fresh strike by rail workers as the wave of industrial action continues to spread across...

Thu, 16/03/2023 - 06:17


How investors can take part in company fundraisings as they dial up again

This year has brought some tentative optimism from investors linked to easing inflation and Chinese reopening. Corporate confidence is gradually recovering after the invasion of...

Thu, 16/03/2023 - 00:00


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