Market news


LONDON BROKER RATINGS: Jefferies likes Frasers; Peel cuts Man Group

The following London-listed shares received analyst recommendations Friday morning and on Thursday:

----------

FTSE 100

----------

HSBC raises Shell price target to 3,200 (3,070) pence - ’buy’

----------

Barclays raises Shell...

Fri, 02/08/2024 - 09:54


Renewables Infrastructure on track for payout target amid power issues

Renewables Infrastructure Group Ltd on Friday said power generation was below forecast in the second quarter, amid some issues but confirmed it is on track...

Fri, 02/08/2024 - 09:44


RentGuarantor sees increased revenue with new partnership agreements

RentGuarantor Holdings PLC on Friday announced an increase in revenue for the first half of 2024, driven by new partnership agreements with letting agents.

RentGuarantor...

Fri, 02/08/2024 - 09:38


Virgin Money UK performance as expected ahead of buyout by Nationwide

Virgin Money UK PLC on Friday said its lending declined in the past three months, amid lower mortgage balances.

The Newcastle upon Tyne-based lender said it...

Fri, 02/08/2024 - 09:12


IN BRIEF: Jardine Matheson has ‘weaker results’ in half on impairments

Jardine Matheson Holdings Ltd - Hong Kong-based holding company with interests in retail, property, hotels and motor dealerships - Reports ‘weaker results’ in the first...

Fri, 02/08/2024 - 09:08


LONDON MARKET OPEN: Stocks fall ahead of US jobs report

European stocks were in the red on Friday morning as investors eagerly await non-farm payrolls from the US, after tech earnings and economic data disappointed...

Fri, 02/08/2024 - 09:06


UK government cuts £1.3 billion of UK tech and AI funding

The new Labour government in the UK has shelved £1.3 billion of ‘unfunded’ investment for UK tech and AI projects promised by the previous Conservative...

Fri, 02/08/2024 - 09:01


IN BRIEF: Senior wins deal for new energy-efficient turboprop plane

Senior PLC - Hertfordshire, England-based engineering and manufacturing for aerospace & defence, land vehicle, and power & energy markets - Awarded contract by Deutsche Aircraft...

Fri, 02/08/2024 - 08:48


TOP NEWS: Upbeat Intertek ups dividend 43% as half-year profit climbs

Intertek Group PLC on Friday said it was on track to hit medium-term targets after improving margins boosted first-half performance.

The London-based consumer product testing and...

Fri, 02/08/2024 - 08:35


AIB lifts outlook and in talks to trim government stake down further

AIB Group PLC on Friday upped its guidance and said it is in talks with the Irish government to reduce the state’s stake in the...

Fri, 02/08/2024 - 08:27


Pages