Investors stay positive despite whirlwind fortnight for major events, ITV knocked for six, Sainsbury’s still searching for perfect recipe, BT struggles and Rolls-Royce faces supply chain issues

“Investors have endured a whirlwind couple of weeks and there is still much to digest before portfolios can be reconfigured with confidence,” says Russ Mould,...

Thu, 07/11/2024 - 10:52


ITV Studios arm hit by US strikes and ad bookings hurt by UK budget

ITV PLC said Thursday that revenue in the third-quarter declined, hurt by a hangover from Hollywood strikes last year, while advertising bookings for the final...

Thu, 07/11/2024 - 10:51


AIM WINNERS & LOSERS: Fadel lowers forecasts on contract setbacks

The following stocks are the leading risers and fallers on AIM on Thursday.

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AIM - WINNERS

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DSW Capital PLC, up 7.6% at 71p, 12-month range 47p-71p. The...

Thu, 07/11/2024 - 10:46


Hiscox on track despite $75 million hit from Hurricane Milton

Hiscox Ltd on Thursday said written premiums increased in the third quarter, but it expects to take a $75 million hit from Hurricane Milton in...

Thu, 07/11/2024 - 10:44


What investors need to consider from Donald Trump’s election victory over the longer term

Donald Trump’s election victory provided an immediate boost to a broad range of investments.

The major US and European stock markets all traded higher on...

Thu, 07/11/2024 - 10:43


CORRECT (Nov 6): Conduit shares fall amid premium and revenue growth

(Correcting that the third-quarter net loss figure of $50 million is undiscounted and net of reinsurance and reinstatement premiums.)

Conduit Holdings Ltd on Wednesday reported elevated...

Thu, 07/11/2024 - 10:41


TOP NEWS: IMI warns exchange rate headwinds may hurt full-year profit

IMI PLC on Thursday said revenue fell in the third quarter of its most recent financial year, and warned that exchange rate headwinds may hurt...

Thu, 07/11/2024 - 10:38


TOP NEWS: Wood Group plunges as calls on probe after write-off woe

John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract...

Thu, 07/11/2024 - 10:36


IN BRIEF: Hammerson acquires remaining 50% interest in Westquay

Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres in the UK and elsewhere - Completes the acquisition of the remaining...

Thu, 07/11/2024 - 10:29


First UK pension scheme dives into Bitcoin, but don’t expect a stampede

It was only a matter of time before a UK pension scheme bought into Bitcoin, but this isn’t likely to spark a stampede into the...

Thu, 07/11/2024 - 10:17


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