Market news


Focusrite shares tumble as pressure on product margins to hit earnings

Focusrite PLC on Wednesday said challenging conditions hurt earnings, with rising shipping and freight costs expected to continue going forward.

The High Wycombe, England-based company provides...

Wed, 28/08/2024 - 09:48


LONDON BROKER RATINGS: Citi raises Direct Line Insurance to ’buy’

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 Kingfisher to ’neutral’ (buy) - price target 292 pence

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JPMorgan raises Bunzl...

Wed, 28/08/2024 - 09:42


IN BRIEF: HICL Infrastructure fund manager buys 50,000 shares

HICL Infrastructure PLC - investor in infrastructure assets managed by InfraRed Capital Partners Ltd - Edward Hunt, head of InfraRed’s core infrastructure funds and fund...

Wed, 28/08/2024 - 09:42


PureTech Health loss widens and revenue falls amid AGM concerns

PureTech Health PLC on Wednesday reported a widened loss and lower revenue, as it attempted to address shareholder concerns voiced at its June annual general...

Wed, 28/08/2024 - 09:28


Hochschild Mining swings to profit amid production boost in first half

Hochschild Mining PLC on Wednesday reported improved financial performance with the company benefitting from greater production and higher commodity prices.

Despite the positive results, Hochschild...

Wed, 28/08/2024 - 09:14


John Wood makes two sales as part of disposal programme

John Wood Group PLC on Wednesday said it has signed for the sale of its stake in Ethos Energy Group Ltd and CEC Controls Co...

Wed, 28/08/2024 - 09:01


Frasers buys Accent Group stake to expand in Australia and New Zealand

Frasers Group PLC on Wednesday said it has purchased a 14.65% strategic investment in Accent Group Ltd, expanding its presence in Australia and New Zealand.

Frasers...

Wed, 28/08/2024 - 08:50


TOP NEWS: Prudential lifts interim dividend 9% as say growth on track

Prudential PLC on Wednesday raised its half-year dividend by nearly 10%, despite a two-thirds fall in profit, as adjusted profit rose and the Asia-focused insurer...

Wed, 28/08/2024 - 08:47


LONDON MARKET OPEN: Stocks mixed as investors await Nvidia results

Stocks in Europe were mixed on Wednesday morning as investors await results from tech titan Nvidia, while UK Prime Minister Keir Starmer heads to Berlin...

Wed, 28/08/2024 - 08:47


UPDATE: UK PM Starmer in Berlin as hopes to ‘turn a corner on Brexit’

Keir Starmer will attempt to seize a ‘once-in-a-generation opportunity to reset our relationship with Europe’ during two days of meetings in Berlin and Paris.

The UK...

Wed, 28/08/2024 - 08:28


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