Market news


LONDON BROKER RATINGS: UBS cuts Serco, HSBC says ’buy’ AO World

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

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FTSE 100

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Jefferies cuts Severn Trent to ’hold’ (buy) - price target 2,830 (2,880) pence

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JPMorgan...

Fri, 06/12/2024 - 09:52


Berkeley Group sets 10-year strategy; heralds housebuilding ‘new era’

Berkeley Group Holdings PLC on Friday set out a new ten-year capital allocation strategy as it reported it is on track to meet profit guidance...

Fri, 06/12/2024 - 09:51


National World ‘minded to recommend’ sweetened Media Concierge offer

National World PLC on Friday said it was minded to accept an improved proposed offer from Media Concierge (Holdings) Ltd.

The Leeds-based owner of the...

Fri, 06/12/2024 - 09:44


LONDON MARKET OPEN: UK stocks down as house prices reach record high

London stocks opened mostly lower on Friday as house prices reach a record high, while Prime Minister Keir Starmer sets out his plan to improve...

Fri, 06/12/2024 - 09:09


TOP NEWS: Direct Line accepts £3.6 billion Aviva takeover proposal

Direct Line Insurance Group PLC on Friday said it was minded to accept an improved £3.6 billion cash-and-shares offer from FTSE 100-listed insurer Aviva Group...

Fri, 06/12/2024 - 08:56


EARNINGS AND TRADING: Synectics deal wins; TruFin to beat expectations

The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Synectics PLC - Sheffield, England-based provider...

Thu, 05/12/2024 - 19:52


UK PM Starmer insists he is sticking to plan as sets ‘ambitious’ aims

The UK prime minister insisted he was sticking to his missions as he set out ‘ambitious’ targets for Whitehall, despite claims he was ‘watering down’...

Thu, 05/12/2024 - 18:57


IN BRIEF: Michelmersh CEO Peter Sharp retiring; CFO to step in

Michelmersh Brick Holdings PLC - West Sussex, England-based brick maker - says Chief Executive Officer Peter Sharp has informed the board of his intention to...

Thu, 05/12/2024 - 18:31


LONDON MARKET CLOSE: Vodafone rises on deal approval; UK stocks mixed

The FTSE 100 index closed up on Thursday, with AstraZeneca shares rising on US FDA approval of its Imfinzi treatment.

Also on Thursday, UK Prime...

Thu, 05/12/2024 - 17:14


SDI Group guiding in line with expectations despite drop in revenue

SDI Group PLC on Thursday reporting a narrowing of its interim profit, but said it has seen signs of improvements in the market.

The Cambridge,...

Thu, 05/12/2024 - 17:04


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