Grafton says timing of recovery ‘uncertain’ but outlook is positive

Grafton Group PLC on Tuesday said trading conditions improved in the last two months of the calendar year despite a challenging market backdrop.

In a trading...

Tue, 14/01/2025 - 10:04


Warnings from BP and JD Sports, gilt yields and the pound steady, Ocado food venture with Marks & Spencer showing progress, activist circles YouGov and festive joy for Card Factory

“The FTSE 100 held firm despite headwinds from BP warning of lower production and weak refining markets and Reinet Investments selling an approximate 2%...

Tue, 14/01/2025 - 10:02


Ocado celebrates best Christmas ever as eyes further growth in outlook

Ocado Group PLC on Tuesday said it is confident to continue ‘market-leading’ sales growth and volume momentum in the new financial year, as retail revenue...

Tue, 14/01/2025 - 09:59


Persimmon shares up as reveals rise in completions; 2025 outlook sound

Persimmon PLC on Tuesday said is was well-positioned to deliver high-quality affordable homes this year, as completions increased in the year just gone.

The York, England-based...

Tue, 14/01/2025 - 09:38


LONDON BROKER RATINGS: Morgan Stanley raises Informa, cuts Trustpilot

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

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FTSE 100

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JPMorgan raises BP price target to 440 (425) pence - ’underweight’

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Morgan Stanley...

Tue, 14/01/2025 - 09:37


Games Workshop boosts dividend amid profit and sales strength

Games Workshop Group PLC on Tuesday hailed its ‘best’ half-year performance but said US tariff risks were uncertain and cost inflation ‘constant’.

The Nottingham, England-based manufacturer...

Tue, 14/01/2025 - 09:30


BP warns of lower on-quarter figures as it pushes back investor event

BP PLC on Tuesday said it expects to report lower fourth production figures as it delayed its capital market event set for next month.

The...

Tue, 14/01/2025 - 09:23


Smiths Group raises revenue guide amid executive reshuffle

Smiths Group PLC on Tuesday increased its revenue guidance amid an executive reshuffle, following the resignation of Chief Financial Officer Clare Scherrer.

The London-based engineering company...

Tue, 14/01/2025 - 09:20


LONDON MARKET OPEN: European stocks up as US PPI data nears

Stock prices in London, Paris and Frankfurt were in the green on Tuesday morning, as housebuilders in the UK enjoyed a boost after giving trading...

Tue, 14/01/2025 - 09:14


UK MPs eye upfront payments as Renters’ Rights Bill debate continues

Rental reforms should mean hopeful tenants no longer have to ‘magic up eye-watering sums up front’, campaigners have said, but landlords have claimed the proposals...

Tue, 14/01/2025 - 09:04


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