Stocks fall on Fed uncertainty, US bank shares hit as blanket deposit insurance ruled out and Wickes sales slow as home renovation boom ends

“Before the collapse of SVB, signs the Federal Reserve was nearing the end of its rate hiking cycle would have been cause for the market...

Thu, 23/03/2023 - 09:48


LondonMetric sells £46 million multi-let industrial units portfolio

LondonMetric Property PLC on Thursday said it completed the sale of three multi-let industrial estates in England for £46.0 million, representing a net initial yield...

Thu, 23/03/2023 - 09:39


3i portfolio firm Action posts sales growth in first 11 weeks of 2023

3i Group PLC on Thursday said in an update its portfolio company Action has seen a strong start to 2023.

Action is a non-food discount...

Thu, 23/03/2023 - 09:27


Energean swings to profit in 2022 amid higher oil and gas prices

Energean PLC swung to an annual profit in 2022, as oil and gas prices jumped, and it said on Thursday it has made a positive...

Thu, 23/03/2023 - 09:23


TOP NEWS: Inchcape lifts yearly dividend by 28% as profit surges

Inchcape PLC on Thursday said it delivered ‘another great set of results’ for 2022, noting robust customer demand following a prolonged period of supply shortages,...

Thu, 23/03/2023 - 09:21


LONDON BROKER RATINGS: Morgan Stanley cuts Informa to ’equal-weight’

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

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FTSE 100

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Deutsche Bank raises BT price target to 150 (140) pence - ’hold’

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Morgan Stanley cuts Informa to...

Thu, 23/03/2023 - 09:20


LONDON MARKET OPEN: BoE next after rate hikes in US and Switzerland

Central banks were dominating market attention early Thursday, with policymakers proving willing to continue hiking interest rates despite worries about the health of the banking...

Thu, 23/03/2023 - 09:19


TOP NEWS: Cenkos Securities and finnCap agree all-share equal merger

Cenkos Securities PLC and finnCap Group PLC have agreed on an all-share merger that will see each set of shareholders equally own the combined company...

Thu, 23/03/2023 - 08:54


Pearson acquires workforce assessment provider PDRI for $190 million

Pearson PLC on Thursday said it completed the acquisition of Personnel Decisions Research Institutes LLC, a workforce assessment services provider, based on an enterprise value...

Thu, 23/03/2023 - 08:46


TOP NEWS: Lloyd’s of London suffers loss despite underwriting profit

Lloyd’s of London on Thursday reported an ‘outstanding underwriting result’ in 2022 but still fell into loss due to a net loss on investment.

The insurance...

Thu, 23/03/2023 - 08:33


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