Market news


LONDON BROKER RATINGS: RBC lifts United Utilities but cuts Pennon

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

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FTSE 100

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Citigroup cuts Vistry price target to 1,023 (1,329) pence - ’neutral’

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Jefferies cuts Vistry...

Wed, 09/10/2024 - 09:37


GreenX Metals wins compensation following arbitration against Poland

GreenX Metals Ltd on Tuesday said it has won a total of £252 million in compensation, following a successful arbitration outcome against the Polish government....

Wed, 09/10/2024 - 09:36


TOP NEWS: Informa confirms full-year guidance amid Ascential takeover

Informa PLC on Wednesday reconfirmed its 2024 guidance, as it noted the strengthened platform of its live business-to-business events amid its acquisition of Ascential PLC....

Wed, 09/10/2024 - 09:20


LONDON MARKET OPEN: European stocks mixed after Shanghai plunge

European stocks were mixed on Wednesday morning, with the FTSE 100 trading resiliently, after China announced it will hold a fiscal policy-focused conference this weekend...

Wed, 09/10/2024 - 09:05


TOP NEWS: Rio Tinto makes $6.7 billion Arcadium Lithium swoop

Rio Tinto PLC on Wednesday said it has agreed to buy Arcadium Lithium PLC, creating a ‘global leader in energy transition commodities’.

The deal values the...

Wed, 09/10/2024 - 09:01


IN BRIEF: Old Mutual CFO Casparus Troskie extends tenure again

Old Mutual Ltd - Anglo-South African financial services firm - Casparus Troskie remains as chief financial officer until April 2027, in the interest of continuity...

Wed, 09/10/2024 - 08:59


Marston’s cheers lower debt as trading holds up despite wet weather

Marston’s PLC on Wednesday backed full-year guidance despite growth slowing in the fourth quarter of the financial year.

The Wolverhampton, England-based pub operator said total...

Wed, 09/10/2024 - 08:44


CMC Markets guides swing to half-year profit as income up, costs cut

CMC Markets PLC on Wednesday said its ‘diversification strategy’ and focus on widening profit margins has brought a swing to profit in the first half...

Wed, 09/10/2024 - 08:30


TOP NEWS: Mondi to acquire packaging assets of Schumacher Packaging

Mondi PLC said on Wednesday it has agreed to acquire packaging assets of Schumacher Packaging GmbH for an enterprise value of €634 million, expanding its...

Wed, 09/10/2024 - 08:15


IN BRIEF: Bisichi adds former UK minister Stephen Crabb to board

Bisichi PLC - London-based mining company - Appoints former UK minister Stephen Crabb as a non executive director, starting from November 1. Crabb served as...

Wed, 09/10/2024 - 07:02


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