Market news


Primark profit rises but weak Sugar division sours outlook at AB Foods

Associated British Foods PLC on Tuesday slashed profit guidance for its Sugar business saying the recovery will take longer-than-expected.

Chief Executive George Weston said: ‘I...

Tue, 29/04/2025 - 09:47


Entain confirms Stella David as CEO as BetMGM boosts first quarter

Entain PLC on Tuesday confirmed Interim Chief Executive Officer Stella David as permanent CEO, as it said its first-quarter performance was better than expected.

The Isle...

Tue, 29/04/2025 - 09:38


UK looking at different challenges, Cooper says after Spain power cut

The UK has been looking at how to deal with ‘different kinds of challenges and threats’, the Home secretary said after a major power outage...

Tue, 29/04/2025 - 09:32


LONDON BROKER RATINGS: RBC cuts Ashtead, Barclays cuts Hammerson

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

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FTSE 100

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UBS cuts United Utilities to ’neutral’ (buy) - price target 1,150 (1,195) pence

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UBS...

Tue, 29/04/2025 - 09:30


AstraZeneca confirms annual guidance ahead of ‘catalyst-rich period’

AstraZeneca PLC on Monday said growth has continued into 2025, with the chief executive officer saying the pharmaceutical maker has ‘entered an unprecedented catalyst-rich period...

Tue, 29/04/2025 - 09:29


BP cuts buyback after first quarter profit miss and cash flow decline

BP PLC on Tuesday lowered its share buyback after first quarter profit fell short of market expectations.

In response, shares in the London-based oil major fell...

Tue, 29/04/2025 - 09:07


UK’s Starmer congratulates Carney, hails Canada as ‘closest of allies’

Prime Minister Keir Starmer said he wants to deepen the UK’s relationship with Canada as he congratulated Mark Carney on his victory in the country’s...

Tue, 29/04/2025 - 09:05


Early market roundup: Stocks up after Carney win in Canada

Stock prices in London were in the green on Tuesday morning, despite Associated British Foods and BP shares falling after reporting profit dives.

Also, UK...

Tue, 29/04/2025 - 09:03


IN BRIEF: Kore Potash gets draft financing proposal for Kola project

Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Receives the draft financing proposal and associated...

Tue, 29/04/2025 - 08:42


IN BRIEF: Gemfields ruby auction robust demand despite tariff woes

Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Generates revenue of $7.2 million at an auction of rough rubies held from...

Tue, 29/04/2025 - 08:39


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