Johnson Matthey ups yearly guidance but half-year earnings decline

Chemicals firm Johnson Matthey PLC on Wednesday reported a first-half earnings decline on weaker precious metal prices, though it lifted its annual outlook.

The London-based...

Wed, 22/11/2023 - 10:00


Pan African Resources flags excellent results as annual guidance rises

Pan African Resources PLC on Wednesday revised up the bottom end of its annual production guidance, as the first-half performance looks set to be better-than-expected...

Wed, 22/11/2023 - 09:51


Severn Trent raises interim dividend and maintains full-year guidance

Severn Trent PLC on Wednesday said revenue increased but profit dropped slightly in its latest half year, with its chief executive hailing the ‘sector-leading performance’.

The...

Wed, 22/11/2023 - 09:51


IN BRIEF: Reckitt Benckiser taps Caterpillar CFO to be senior director

Reckitt Benckiser Group PLC - Slough, England-based health, hygiene and nutrition consumer products - Promotes Andrew Bonfield to senior independent director, starting from Reckitt’s annual...

Wed, 22/11/2023 - 09:48


LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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

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FTSE 100

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JPMorgan raises Sage Group price target to 1,250 (1,100) pence - ’overweight’

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Liberum cuts Glencore...

Wed, 22/11/2023 - 09:48


TOP NEWS: CRH sells European lime assets to SigmaRoc for €1 billion

CRH PLC on Wednesday said it has agreed to sell lime operations in Europe to London-listed SigmaRoc PLC in a deal worth €1 billion.

SigmaRoc,...

Wed, 22/11/2023 - 09:45


UK markets up ahead of Autumn Statement, Nvidia fails to win over investors and B&Q-owner Kingfisher sunk by French woes

“UK stocks were in fashion ahead of the Autumn Statement at lunchtime. The more domestic-focused FTSE 250 index rose 0.2% to 18,378, with property and...

Wed, 22/11/2023 - 09:45


LONDON MARKET OPEN: Stocks in the green before autumn statement

Stocks in London saw some slight gains early Wednesday, in a sign of tentative optimism before Chancellor Jeremy Hunt’s autumn statement.

The FTSE 100 index...

Wed, 22/11/2023 - 09:21


Ashtead’s star status dented by Hollywood strikes

“It may seem unfair to drive a share price down by more than 10% when the profit forecast downgrade is only 2% to 3%, but...

Wed, 22/11/2023 - 09:20


IN BRIEF: Rio Tinto to pay $28 million penalty for Coal Mozambique

Rio Tinto PLC - London-based miner - Reaches court-approved settlement with US Securities & Exchange Commission of a law suit brought by the regulator in...

Wed, 22/11/2023 - 09:09


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