Market news

IN BRIEF: GLS sells US freight operations ahead of IDS takeover

International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - International parcel division GLS...

Tue, 13/08/2024 - 10:40

Keywords Studios acquires UK game developer Wushu Studios

Keywords Studios PLC on Tuesday announced the acquisition of Wushu Studios Ltd to facilitate growth and complement its existing game development studios.

The Dublin-based technical and...

Tue, 13/08/2024 - 10:21

IN BRIEF: Hikma executive Bassam Kanaan sells 45,000 shares

Hikma Pharmaceuticals PLC - London-based pharmaceutical company - Reports that Bassam Kanaan, executive vice president of corporate development and M&A, sold 35,000 shares at 1,960...

Tue, 13/08/2024 - 10:16

Witan Investment net asset value up before merger with Alliance Trust

Witan Investment Trust PLC on Tuesday reported net asset value growth and a higher payout, noting that investors ‘largely shrugged off disappointments in the timing...

Tue, 13/08/2024 - 10:05

Dowlais lowers guidance as revenue slumps 10% in first half

Dowlais Group PLC on Tuesday reported weaker financial performance in the first half leading the company to lower revenue forecasts for the year amid downturn...

Tue, 13/08/2024 - 10:01

IN BRIEF: Tate & Lyle picks former De Beers CFO to be its new CFO

Tate & Lyle PLC - London-based sweetener and food ingredients supplier - Hires Sarah Kuijlaars to be chief financial officer and board member, starting September...

Tue, 13/08/2024 - 09:55

LONDON BROKER RATINGS: Peel Hunt cuts Spirax 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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Peel Hunt cuts Spirax to ’hold’ (add) - price target 8,300 (10,000) pence

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Berenberg...

Tue, 13/08/2024 - 09:50

TOP NEWS: Just Group shares soar as raises guidance on buoyant outlook

Just Group PLC on Tuesday predicted full-year operating profit would ‘substantially exceed’ previous 2024 guidance.

Chief Executive David Richardson said: ‘We have never been more confident...

Tue, 13/08/2024 - 09:29

Genuit profit nearly halves as market conditions stays subdued in half

Genuit Group PLC on Tuesday said the company is ‘well positioned’ for a market recovery following a challenging first half in which revenue and profit...

Tue, 13/08/2024 - 09:10

LONDON MARKET OPEN: Stocks up as UK wage growth slows to two-year low

Stock prices in London opened in the green on Tuesday, as the UK unemployment rate fell against expectations while wage growth decelerated to its lowest...

Tue, 13/08/2024 - 08:44

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