OPG Power shares soar as revenue down but foundations stay ‘steadfast’

OPG Power Ventures PLC said revenue and profit both fell in its latest financial year thanks to ‘lower generation’, but said its cash flows remain...

Mon, 06/11/2023 - 10:16


UK government plans to mandate oil and gas licensing in the North Sea

The UK government revealed plans to mandate oil and gas licensing in the North Sea in a bid to reduce dependency on ‘hostile foreign regimes’,...

Mon, 06/11/2023 - 10:05


Kingspan sales fall in first nine months; targets record profit

Kingspan Group PLC on Monday said sales were down in the first nine months of the year, but said it is on track for profit...

Mon, 06/11/2023 - 09:51


TOP NEWS: UK construction sector remains in doldrums in October

The UK construction sector continued to decline in October, numbers on Monday showed, amid another tricky month for housebuilding.

The latest S&P Global/Chartered Institute of...

Mon, 06/11/2023 - 09:47


LONDON BROKER RATINGS: RBC cuts Next but lifts Dunelm; Citi likes JD

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

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FTSE 100

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SocGen raises Shell price target to 3,200 (2,900) pence - ’buy’

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RBC cuts Smith &...

Mon, 06/11/2023 - 09:34


UPDATE: Ryanair sets out dividend plans as half-year profit jumps

Ryanair Holdings PLC on Monday reported a half-year profit rise and outlined ordinary dividend policy plans, which will kick off with a maiden €400 million...

Mon, 06/11/2023 - 09:30


LONDON MARKET OPEN: FTSE 100 edges up, but FTSE 250 slips into red

European markets were making little headway at Monday’s market open, as investors paused to consider last week’s economic data and central bank decisions.

The FTSE...

Mon, 06/11/2023 - 08:59


TOP NEWS: Prudential optimistic for future as sales jump

Prudential PLC on Monday said that profit in the first nine months of 2023 rose on the back of consumer demand in Asia.

The Asia-focused insurer...

Mon, 06/11/2023 - 08:53


TOP NEWS: Scottish Mortgage Investment half-year underperforms market

Scottish Mortgage Investment Trust PLC on Monday said its net asset value fell in its first half, as total return lagged behind a key index.

The...

Mon, 06/11/2023 - 07:58


Ryanair first-half profit jumps over 70% amid strong summer

No-frills airline Ryanair Holdings PLC on Monday announced that net profit surged 72% in its first half, thanks to higher fares and record traffic during...

Mon, 06/11/2023 - 07:49


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