Kinovo to pay no dividend after reporting double-digit profit growth

Kinovo PLC on Tuesday reported strong financial results as the company shifted focus to a new business strategy.

The London-based property services provider said that pretax...

Tue, 09/07/2024 - 10:20


UK Labour ditches ‘levelling up’ title from housing department

The words ‘levelling up’ have been ‘firmly’ erased out of the government department responsible for housing and communities, the UK Labour Party has said.

The Department...

Tue, 09/07/2024 - 10:17


Capita shares soar on Capita One disposal worth £200 million

Capita PLC on Tuesday announced an agreement to sell its software business to a subsidiary of MRI Software LLC.

Shares in Capita surged 18% to 18.30...

Tue, 09/07/2024 - 10:10


SMALL-CAP WINNERS & LOSERS: Capita rises on sale of software business

The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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SMALL-CAP - WINNERS

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Capita PLC, up 21% at 18.69 pence, 12-month...

Tue, 09/07/2024 - 10:02


Loungers annual profit jumps as targets 665 dining outlets

Loungers PLC on Tuesday reported a jump in profit amid an optimistic outlook, noting that its pipeline of new sites was ‘as strong as ever’....

Tue, 09/07/2024 - 09:50


TOP NEWS: Indivior lowers 2024 outlook and calls time on Perseris

Shares in Indivior PLC plunged on Tuesday after it flagged lower than expected sales of its opioid treatment, Sublocade, and said it expects to take...

Tue, 09/07/2024 - 09:48


LONDON BROKER RATINGS: Deutsche ups Kingfisher, Currys and Moonpig

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

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FTSE 100

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Deutsche Bank Research raises Kingfisher to ’buy’ (hold) - price target 310 (245)...

Tue, 09/07/2024 - 09:29


IN BRIEF: John Wood awarded a six-year contract by Shell in Australia

John Wood Group PLC - Aberdeen, Scotland-based engineering services company - Awarded a six-year contract to provide brownfield engineering, procurement, and construction management solutions to...

Tue, 09/07/2024 - 09:23


LONDON MARKET OPEN: FTSE 100 up but BP and Shell decline

Stocks in London opened mixed on Tuesday ahead of the testimony by US Federal Reserve Chair Jerome Powell, while BP and Shell fell as BP...

Tue, 09/07/2024 - 09:17


TOP NEWS: PageGroup flags lower profits amid tough hiring market

PageGroup PLC on Tuesday warned that full-year operating profit would be below previous guidance, reflecting soft trading in the second quarter.

The Weybridge, Surrey-based international...

Tue, 09/07/2024 - 09:04


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