FTSE dips, Ithaca strikes North Sea deal, S4 misses sales targets, CMA concludes greenwashing probe into Boohoo and ASOS, GameStop slumps, bidding war for DS Smith and Travis Perkins CEO to leave

“The FTSE 100 remains short of direction heading towards the long Easter weekend with the main movers on the index driven higher by M&A activity,”...

Wed, 27/03/2024 - 09:54


LONDON BROKER RATINGS: Sainsbury’s, Petershill Partners upped to ’buy’

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

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FTSE 100

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Berenberg raises Vodafone price target to 78 (75) pence - ’hold’

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Berenberg cuts Rio Tinto...

Wed, 27/03/2024 - 09:40


S4 Capital sees no respite ahead with client caution set to persist

S4 Capital PLC on Wednesday predicted a tough year ahead after soft spending by clients saw revenue and billings drop in 2023.

Shares in S4 Capital,...

Wed, 27/03/2024 - 09:36


TOP NEWS: Diploma to buy US specialty fastener firm for £236 million

Diploma PLC on Wednesday announced the proposed acquisition of Peerless Aerospace Fastener LLC for around £236 million.

Shares in Diploma rose 11% to 3,806.55 pence...

Wed, 27/03/2024 - 09:32


Two ministers quit in double blow to UK Prime Minister Rishi Sunak

Two UK government ministers have resigned in a double blow to Prime Minister Rishi Sunak, who was forced to carry out a mini-reshuffle of his...

Wed, 27/03/2024 - 09:29


CRH completes phase 2 of lime divestment in Europe

Dublin-based building materials company CRH PLC has completed phase two of its lime operations divestment in Europe, including those in the UK, the firm said...

Wed, 27/03/2024 - 09:21


LONDON MARKET OPEN: FTSE 100 slips in tepid trade with US data ahead

London’s FTSE 100 edged lower after the opening bell on Wednesday, as investors moved with trepidation as eyes turn to a US inflation reading due...

Wed, 27/03/2024 - 09:15


Strix says annual revenue boosted by Billi acquisition

Strix Group PLC on Wednesday said a recent acquisition helped boost its annual revenue, but it lowered its dividend as it aims to focus on...

Wed, 27/03/2024 - 08:17


IN BRIEF: Tap Global appoints new CEO, new CFO as ‘streamlines’ board

Tap Global Group PLC - London-based firm which offers a regulated crypto app that helps bridge the gap between traditional finance and blockchain technology by...

Wed, 27/03/2024 - 06:59


TOP NEWS: Old Mutual profit more than doubles on strong new business

Old Mutual Ltd on Wednesday described its financial performance in 2023 as ‘robust’ after achieving ‘exceptional’ growth in the value of new business.

The Anglo-South...

Wed, 27/03/2024 - 06:15


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