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UPDATE: IDS revenue increases as Royal Mail provides Christmas boost

International Distribution Services PLC on Wednesday said it expects Royal Mail to return to profitability this financial year as its takeover deal presses ahead following...

Wed, 15/01/2025 - 10:27

Genus shares rally with profit projected ahead of expectations

Genus PLC on Wednesday reported a strong start to financial 2025, with half-year profit predicted ahead of expectations.

The London market rallied behind the Basingstoke,...

Wed, 15/01/2025 - 10:21

BP nears deals for oil fields, curbs on gas flaring in Iraq

Iraq and London-based oil major BP PLC are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb...

Wed, 15/01/2025 - 10:13

IN BRIEF: Morgan Sindall Chair Michael Findlay to retire in July

Morgan Sindall Group PLC - London-based construction group - Says Chair Michael Findlay will retire on July 28 after nine years in post. Peter Harrison...

Wed, 15/01/2025 - 10:11

IDS quarterly revenue increases as Royal Mail provides Christmas boost

International Distribution Services PLC on Wednesday said it expects Royal Mail to return to profitability this financial year as its takeover deal presses ahead.

London-based...

Wed, 15/01/2025 - 10:10

Serco wins $247 million contract to support US army training

Serco Group PLC on Wednesday said it has been awarded a US defence contract, for up to $247 million.

Serco is an government services outsourcing...

Wed, 15/01/2025 - 09:49

LONDON BROKER RATINGS: BofA cuts Unite Group but Goldman says ’buy’

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

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FTSE 100

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Deutsche Bank Research raises Persimmon to ’buy’ (hold)

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RBC raises Persimmon price target...

Wed, 15/01/2025 - 09:35

Hays warns on profit as fees drop in challenging recruitment market

Hays PLC on Tuesday issued a profit warning as it reported a significant drop in net fees for the second quarter of its financial year,...

Wed, 15/01/2025 - 09:34

Fortress Investment raises offer in final bid for Loungers

Loungers PLC on Wednesday recommended a final increased offer for takeover by Fortress Investment Group LLC.

The New York-based investment manager has proposed to buy...

Wed, 15/01/2025 - 09:28

LONDON MARKET OPEN: FTSE 100 outperforms European peers as CPI slows

The FTSE 100 opened comfortably higher on Wednesday morning, easily beating its peers in Paris and Frankfurt, as UK consumer price inflation decelerated in December,...

Wed, 15/01/2025 - 09:02

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