Procook shares slump as reduces revenue guidance on weak sales

Procook Group PLC on Friday reduced its full year revenue guidance after seeing ‘weaker sales performance’ over the ‘peak trading period’.

Shares in Procook slumped...

Fri, 09/12/2022 - 10:34


SMALL-CAP WINNERS & LOSERS: Pendragon plunges on takeover snub

The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Nanoco PLC, up 9.0%...

Fri, 09/12/2022 - 10:33


UK to work with Italy and Japan to build next-gen fighter jets

The UK will work to develop next-generation fighter jets with Italy and Japan, Prime Minister Rishi Sunak announced on Friday.

Sunak said the defence partnership...

Fri, 09/12/2022 - 10:27


Pendragon shares drop as Hedin does not intend to make takeover offer

Pendragon PLC’s largest shareholder Hedin Mobility Group AB on Friday said it does not intend to make a takeover offer, three months after publicly floating...

Fri, 09/12/2022 - 10:25


LONDON BROKER RATINGS: JPMorgan cuts Assura; BofA cuts Synthomer

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

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FTSE 100

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HSBC cuts DCC price target to 6,565 (7,250) pence - ’buy’

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Fri, 09/12/2022 - 10:02


International Public Partnerships acquires five New Zealand projects

International Public Partnerships Ltd on Friday announced its acquisition of five infrastructure investments in New Zealand.

The London-based infrastructure and business investment firm said it...

Fri, 09/12/2022 - 09:51


IN BRIEF: Mike Ashley buys spread bet on Frasers and sells put option

Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Founder Mike Ashley buys a spread bet on 100,000...

Fri, 09/12/2022 - 09:45


TOP NEWS: Anglo American moderates output growth plans on volatility

Anglo American PLC said on Friday it had moderated its production growth plans over the near term as it battled with economic volatility, extreme weather...

Fri, 09/12/2022 - 09:40


TOP NEWS: Primark owner Associated British Foods backs annual outlook

Associated British Foods PLC, owner of the Primark discount fashion store chain, on Friday reiterated its annual outlook.

AB Foods still expects significant sales growth,...

Fri, 09/12/2022 - 09:39


TOP NEWS: Housebuilder Berkeley interim profit falls as costs increase

Housebuilder Berkeley Group Holdings PLC on Friday reported a slight contraction in half-year profit and revenue as operating expenses and net finance costs widened....

Fri, 09/12/2022 - 09:34


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