Market news


PPHE Hotel third-quarter revenue grows in line with full-year guidance

PPHE Hotel Group Ltd on Thursday said revenue in the third quarter of 2024 has grown, as trading continues in line with full-year market guidance.

The...

Thu, 31/10/2024 - 10:22


IN BRIEF: Vodafone may buy Telekom Romania Mobile Communications

Vodafone Group PLC - Newbury, England-based telecommunications provider - Signs tentative accord with Hellenic Telecommunications Organization SA to buy part of Hellenic’s wholly owned subsidiary...

Thu, 31/10/2024 - 10:17


TOP NEWS: Coca-Cola HBC upgrades guidance after strong third quarter

Coca-Cola HBC AG on Thursday reported strong third-quarter revenue growth on increased volumes, as it upgraded guidance for the full year.

Shares were up 1.7%...

Thu, 31/10/2024 - 09:59


Kainos expects to deliver results below consensus amid tough market

Kainos Group PLC on Thursday lowered its full-year expectations, amid a challenging market environment and delays in client decision-making.

The London-based IT services company and...

Thu, 31/10/2024 - 09:51


LONDON BROKER RATINGS: HSBC and Bernstein lift Burberry

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

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FTSE 100

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Stifel cuts GSK price target to 1,640 (1,770) pence - ’hold’

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JPMorgan cuts...

Thu, 31/10/2024 - 09:47


TOP NEWS: Haleon hails Sensodyne boost but total revenue down mildly

Haleon PLC on Thursday noted a small decline in revenue led by Digestive Health, while its Oral Health products enjoyed popularity.

The Weybridge, Surrey-based consumer healthcare...

Thu, 31/10/2024 - 09:34


Lower pay rises likely due to budget tax rises, Rachel Reeves admits

Tax rises in the budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.

The UK chancellor acknowledged her...

Thu, 31/10/2024 - 09:33


TOP NEWS: Smith & Nephew cuts guidance due to headwinds in China

Smith & Nephew PLC on Thursday reduced its full-year outlook, following reduced demand in China during the third quarter of 2024.

The Watford, England-based medical...

Thu, 31/10/2024 - 09:24


J Sainsbury sells Argos credit cards portfolio for £720 million

J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for £720 million, creating a partnership...

Thu, 31/10/2024 - 09:20


LONDON MARKET OPEN: Stocks decline in budget aftermath but Shell rises

Equities in London were lower on Thursday morning, UK bond yields spiked and the pound was around the $1.30 mark as investor digest Wednesday’s budget...

Thu, 31/10/2024 - 09:09


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