Market news


Paragon says running ‘ahead of expectations’ for financial year

Paragon Banking Group PLC on Tuesday announced strong results for the third-quarter and said it is ‘ahead of expectations’ of financial year guidance.

Paragon is...

Tue, 30/07/2024 - 10:44


UPDATE: StanChart ups income outlook and launches largest ever buyback

Standard Chartered PLC on Tuesday upgraded its annual financial guidance for income growth for 2024, and also announced its largest every buyback.

The London-based, Asia-focused bank...

Tue, 30/07/2024 - 10:44


TOP NEWS: St James’s Place in ‘good shape’ as gross inflows pick up

St James’s Place PLC on Tuesday reported increased inflows and records fund under management, part of a ‘robust’ first half performance.

In response, shares in the...

Tue, 30/07/2024 - 10:32


AG Barr sees increased revenue with strong soft drinks performance

AG Barr PLC on Tuesday reported increased revenue due to a strong first-half performance from its soft drink brands.

AG Barr is a Cumbernauld, Scotland-based...

Tue, 30/07/2024 - 10:16


TOP NEWS: Weir Group upgrades margin outlook despite weaker first half

Weir Group PLC on Tuesday upgraded guidance for the year despite facing headwinds and economic challenges in the first half which adversely impacted profit.

The Glasgow,...

Tue, 30/07/2024 - 10:04


LONDON BROKER RATINGS: UBS cuts Lloyds; Deutsche Bank lowers Man Group

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

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FTSE 100

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Barclays raises NatWest price target to 460 (400) pence - ’overweight’

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UBS cuts Lloyds...

Tue, 30/07/2024 - 09:55


TOP NEWS: Greggs ups payout as revenue up but higher costs slim profit

Greggs PLC on Tuesday said it raised its dividend as it posted stronger revenue for the first half of the year, though profit declined on...

Tue, 30/07/2024 - 09:55


TOP NEWS: ConvaTec seeks to allay US fears after first half progress

ConvaTec Group PLC on Tuesday forecast 2024 revenue growth towards the upper end of guidance as it reported higher first half profit and sales.

In the...

Tue, 30/07/2024 - 09:54


UK ban on acquisition-only energy tariffs to remain in Ofgem U-turn

The main UK regulator for electricity and downstream natural gas Ofgem has announced that the ban on acquisition-only tariffs will stay in place, just two...

Tue, 30/07/2024 - 09:50


TOP NEWS: Croda International cuts outlook as profit slumps 18%

Croda International PLC on Tuesday reported a weaker first-half performance, although it said the business is on track for future growth with investments delivering greater...

Tue, 30/07/2024 - 09:45


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