Market news

Fintel optimistic in outlook despite profit dive amid higher costs

Fintel PLC on Tuesday reported a higher revenue but profit fell as costs increased significantly.

The Huddersfield, England-based provider of fintech and support services said...

Tue, 17/09/2024 - 10:42

JTC half-year profit jumps nearly 70% with ‘record’ new business wins

JTC PLC on Tuesday said its interim profit has surged by nearly 70%, as the company celebrates new business wins and four completed acquisitions.

The...

Tue, 17/09/2024 - 10:40

Next 15 grows profit but Tech customer ‘weakness’ hits hard

Next 15 Group PLC on Tuesday reported a slight decrease in half-year revenue and kept its interim dividend unchanged, two weeks after a major customer...

Tue, 17/09/2024 - 10:37

SMALL-CAP WINNERS & LOSERS: THG mulls demerger as outlook disappoints

The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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McBride PLC, up 2.2% at 118.00 pence, 12-month...

Tue, 17/09/2024 - 10:32

Petershill Partners makes special payout amid double-digit AUM growth

Petershill Partners PLC on Tuesday paid a special dividend as it reported double-digit growth in profit and parter fee related earnings.

The investment company specialising in...

Tue, 17/09/2024 - 10:05

TOP NEWS: IP Group net asset value falls but outlook optimistic

IP Group PLC on Tuesday said that the overall market environment for growth companies remained challenging but said it was noting improvements in market sentiment.

London-based...

Tue, 17/09/2024 - 09:56

LONDON BROKER RATINGS: Berenberg, Peel cut TT Electronics to ’hold’

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

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FTSE 100

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RBC cuts Compass to ’sector perform’ (outperform) - price target 2,400 pence

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Jefferies raises...

Tue, 17/09/2024 - 09:50

TOP NEWS: Essentra shares rocked by profit warning as trading softens

Essentra PLC on Tuesday warned it expects annual profit to fall short of current market expectations amid weaker-than-expected trading in Europe and North America.

The provider...

Tue, 17/09/2024 - 09:26

Celtic hails sporting triumphs but annual profit falls

Celtic PLC on Monday said its yearly pretax profit fell more than 50% due to a number of ‘anticipated factors’, though the club celebrating a...

Tue, 17/09/2024 - 09:14

LONDON MARKET OPEN: Stocks make bright start with Kingfisher in demand

European stocks pushed higher early Tuesday on growing belief that the US Federal Reserve will lower interest rates by 50 basis points on Wednesday.

‘Either...

Tue, 17/09/2024 - 08:59

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