Market news


LONDON BROKER RATINGS: Berenberg likes Serco and Mitie

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

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FTSE 100

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UBS raises Prudential price target to 1,270 (1,200) pence - ’buy’

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Deutsche Bank...

Wed, 29/01/2025 - 09:36


WH Smith travel sales pick up as retailer mulls high street exit

WH Smith PLC on Wednesday reported a ‘good start’ to the 2025 financial year thanks to its core travel business, offsetting a slowdown in the...

Wed, 29/01/2025 - 09:29


United Utilities to hike prices, lift dividends as accepts Ofwat plan

United Utilities Group PLC on Wednesday said it has accepted the final determination of price controls set out by water industry regulator Ofwat in December,...

Wed, 29/01/2025 - 09:18


European Smaller Companies Trust says advisor backs vote against Saba

European Smaller Companies Trust PLC on Tuesday said an independent advisor supported the board’s opposition to Saba Capital Management LP’s plans for a board reshuffle....

Wed, 29/01/2025 - 09:01


LONDON MARKET OPEN: London nudges up; LVMH loses some sparkle in Paris

Stock prices in London and Frankfurt opened higher on Wednesday, while Paris blue-chips fell amid weaker trade for luxury firms, as investors await a Federal...

Wed, 29/01/2025 - 08:55


Dowlais agrees £1.16 billion combination with US firm American Axle

Dowlais Group PLC on Wednesday accepted a £1.16 billion takeover by American Axle & Manufacturing, a producer of driveline products and systems.

‘The combination will...

Wed, 29/01/2025 - 08:46


Anglo American seals sale of 33% stake in Jellinbah for $1 billion

Anglo American PLC said on Wednesday it has completed the sale of its minority interest in Jellinbah Group Pty Ltd to Zashvin Pty Ltd earlier...

Wed, 29/01/2025 - 07:44


UK government defeat in Lords over protecting copyright from AI

The UK government has been defeated in the Lords over measures to protect creatives from having their copyrighted work used to train artificial intelligence models...

Wed, 29/01/2025 - 06:54


Starmer vows to clear ‘regulatory weeds’ ahead of Reeves growth speech

Keir Starmer has vowed to ‘clear out the regulatory weeds’ to encourage growth, as Rachel Reeves will say that Britain has been ‘held back’ and...

Wed, 29/01/2025 - 06:42


IN BRIEF: Big Technologies predicts drop in annual sales and earnings

Big Technologies PLC - Hertfordshire, England-based remote people monitoring technology - Continues to perform in line with the firm’s expectations. Expects revenue to be £50.3...

Tue, 28/01/2025 - 21:20


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