Market news


Kosmos Energy posts fourth quarter loss as revenue drops 22%

Kosmos Energy Ltd on Monday said it plans to lower capital expenditure and overheads as it reported a slump in profitability.

The Africa-focused gas and...

Mon, 24/02/2025 - 09:49


LONDON BROKER RATINGS: Goldman cuts Eutelsat, Stifel cuts Renewi

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

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FTSE 100

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Citigroup reinitiates Whitbread with ’buy’ - price target 3,700 pence

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Citigroup reinitiates InterContinental Hotels...

Mon, 24/02/2025 - 09:48


CLS Holdings reports higher rent, but vacancies and valuations dip

CLS Holdings PLC on Monday said it signed fewer leasing deals in 2024 but secured higher rental income, as it navigated valuation declines and rising...

Mon, 24/02/2025 - 09:47


Supermarket Income REIT refreshes portfolio and signs new leases

Supermarket Income REIT PLC on Monday said it is making headway on portfolio initiatives, including asset sales, lease renewals and acquisitions, as it continues...

Mon, 24/02/2025 - 09:39


Bank of Ireland lifts payout amid ‘momentum across all business lines’

Bank of Ireland Group PLC on Monday increased its annual dividend, despite slightly lower profit, as it said the underlying business is healthy.

The Dublin-based lender...

Mon, 24/02/2025 - 09:32


LONDON MARKET OPEN: Stocks flat but GSK and XPS Pensions rise

The FTSE 100 in London and the CAC 40 in Paris opened lower on Monday morning, while the DAX 40 in Frankfurt was up a...

Mon, 24/02/2025 - 09:17


IN BRIEF: National Grid to sell US renewables unit for $1.74 billion

National Grid PLC - London-based electricity and gas supplier - Agrees to sell its US onshore renewables business, National Grid Renewables, to Toronto-based Brookfield Asset...

Mon, 24/02/2025 - 09:06


XPS Pensions to buy Polaris Actuaries to boost diversification

XPS Pensions Group PLC on Monday said it will buy Polaris Actuaries & Consultants Ltd, aimed at speeding up its diversification strategy.

XPS Pensions, a Reading,...

Mon, 24/02/2025 - 09:00


ME Group lifts dividend as profit rises on laundry revenue growth

ME Group International PLC on Monday reported ‘record profitability’ for its full year as demand for its laundry services drove revenue growth, and lifted its...

Mon, 24/02/2025 - 08:59


B&M lowers profit guidance amid uncertain outlook; CEO Russo to leave

B&M European Value Retail SA on Monday said its chief executive will leave the company at the end of April, after warning that full-year profit...

Mon, 24/02/2025 - 08:51


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