Persimmon sees completions at top end of guidance, Warner Bros Discover slashes valuation of cable channels and Deliveroo delivers profit and cash flow

“The FTSE 100 gave back a big portion of the gains chalked up on Wednesday as global markets remain jittery after the recent sell-off,” says AJ...

Thu, 08/08/2024 - 10:01

LONDON BROKER RATINGS: HSBC cuts BP; UBS raises YouGov

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

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FTSE 100

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HSBC cuts BP to ’hold’ (buy) - price target 490 (530) pence

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Goldman...

Thu, 08/08/2024 - 09:58

LONDON MARKET OPEN: Stocks back in red after Wednesday’s gains

Stocks in London opened in the red on Thursday amid a slew of earnings, ahead of Irish consumer price inflation and US jobs data.

The...

Thu, 08/08/2024 - 09:32

Jubilee Metals starts operations at new Roan copper plant in Zambia

Jubilee Metals Group PLC said on Thursday it has started operations at its upgraded Roan copper concentrator, which has now reached a ‘critical point’.

The...

Thu, 08/08/2024 - 09:16

Demand for electric vehicles sparks surge in used car sales in UK

Demand for electric vehicles continues to drive a surge in used car sales in the UK, new figures show.

Some 1.93 million cars changed hands in...

Thu, 08/08/2024 - 06:50

UK anti-racism protesters take to streets after far-right unrest

Thousands of anti-racism protesters took to the streets in several English cities on Wednesday to oppose days of far-right violence that have had UK police...

Thu, 08/08/2024 - 05:41

Why this reliable income payer is a screaming buy right now

Aviva (AV.) 464p

Market cap: £12.9 billion

There’s a gambit insurance salespeople use which goes something like: if you had a machine in the...

Thu, 08/08/2024 - 00:00

Future has a credible growth plan and the shares look cheap

Future (FUTR) £10.42

Market cap: £1.17 billion

Despite some recent economic jitters, we think the current valuation at media group Future (FUTR) undervalues the...

Thu, 08/08/2024 - 00:00

Buffett’s Berkshire Hathaway slashes Apple stake in half amid valuation concerns

Warren Buffett’s Berkshire Hathaway (BRK.B:NYSE) dumped roughly half its enormous stake in Apple (AAPL:NASDAQ) in a shock shift for the famously long-term-focused investor.

Thu, 08/08/2024 - 00:00

How stocks perform after the first rate cut in the cycle

It may have been overshadowed since by significant market volatility but, widely expected as it was, the Bank of England’s decision to cut interest rates...

Thu, 08/08/2024 - 00:00

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