Market news

TOP NEWS: Direct Line says there is more to do amid financial progress

Direct Line Insurance Group PLC on Wednesday restored the dividend and returned to profit in the first half of 2024 as it reported strong premium...

Wed, 04/09/2024 - 09:46

Barratt Developments profit plunges with ‘challenging’ housing market

Barratt Developments PLC said on Wednesday that its profit had fallen by more than three-quarters this year as the UK housing market is hit by...

Wed, 04/09/2024 - 09:38

LONDON BROKER RATINGS: Exane raises Compass to ’outperform’

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

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FTSE 100

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Barclays raises Prudential price target to 1,340 (1,250) pence - ’overweight’

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Barclays raises Phoenix...

Wed, 04/09/2024 - 09:25

Balanced Commercial Property Trust accepts takeover by Starwood funds

Balanced Commercial Property Trust Ltd has accepted a takeover offer from funds managed by private equity firm Starwood Capital, the two companies said on Wednesday.

The...

Wed, 04/09/2024 - 09:20

M&G swings to loss but says it’s confident for long term

M&G PLC on Wednesday reported a half-year pretax loss as costs increased, but still slightly increased its interim dividend.

The London-based investment manager said it swung...

Wed, 04/09/2024 - 09:16

TOP NEWS: Segro agrees £550 million takeover of Tritax Eurobox

Tritax EuroBox PLC on Wednesday said it has accepted a bid from fellow property investment firm Segro PLC, one of a number of approaches for...

Wed, 04/09/2024 - 09:11

LONDON MARKET OPEN: Stocks fall ahead of US trade balance data

Stock prices in Europe followed Asian and US stocks into the red on Wednesday morning, as investors await several service PMIs from Europe, US trade...

Wed, 04/09/2024 - 08:52

IN BRIEF: Barclays COO Alistair Currie sells £600,000 in shares

Barclays PLC - London-based bank - Alistair Currie, group chief operating officer & chief executive of Barclays Executive Services, sells 268,526 shares at £2.72, worth...

Wed, 04/09/2024 - 07:09

UK state pension ‘could rise by more than £400 next year’

The new full state pension in the UK could rise by more than £400 per year, it has been reported.

The Treasury’s internal working calculations, reportedly...

Wed, 04/09/2024 - 06:46

Irish services sector continues healthy growth in August - PMI survey

Ireland’s service economy continued to grow comfortably in August, amid sound domestic and international demand, purchasing managers’ index survey results from S&P Global showed on...

Wed, 04/09/2024 - 06:42

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