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


FTSE 100 makes steady start, unexpected drop in unemployment lifts pound, Dowlais profit and cash flow plunges and Genuit hit by weak construction market

“The FTSE 100 ticked higher on Tuesday morning as the calm which returned to markets in the latter half of last week persists,” says AJ...

Tue, 13/08/2024 - 09:38


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


IN BRIEF: Jubilee Metals produces first copper from upgraded facility

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Produces first copper concentrate from its new front-end...

Tue, 13/08/2024 - 07:33


TOP NEWS: UK unemployment rate falls against expectations to 4.2%

The UK’s unemployment rate decreased against expectations in June, while earnings growth slowed, data published by the Office for National Statistics showed Tuesday.

The unemployment rate...

Tue, 13/08/2024 - 07:28


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