Vanquis Banking proclaims return to profit on improved cost controls

Vanquis Banking Group PLC on Tuesday said it returned to profit during the third quarter amid a ‘resilient’ sector, and said recent ‘intense’ changes are...

Tue, 17/10/2023 - 10:16


Chemring says approvals for US deliveries secures annual outlook

Chemring Group PLC on Tuesday said it expects results for its financial year to be in line with market expectations, buttress by securing approval for...

Tue, 17/10/2023 - 10:16


FTSE 100 nudges ahead, Bellway in sticky patch, Rolls-Royce cuts jobs, Frasers target German expansion, Moneysupermarket riding high and Shoe Zone still in sweet spot

“The FTSE 100 managed to nudge ahead 0.4% to 7,661 as investors showed signs of increased risk appetite, buying into stocks that have been weak...

Tue, 17/10/2023 - 10:08


THG sees best quarter revenue of year, despite still falling on-year

THG PLC on Tuesday said it recorded its best quarterly revenue performance in the last year during the third quarter, despite revenue falling 4.4% from...

Tue, 17/10/2023 - 10:03


IntegraFin expects annual revenue growth as funds under direction up

IntegraFin Holdings PLC on Tuesday said it expects to report a slight growth in revenue for the financial year ended September 30 as funds under...

Tue, 17/10/2023 - 09:59


IN BRIEF: 4Global secures contracts in the Middle East and Mexico

4Global PLC - London-based data, services and software company - Wins Middle East contract from an unnamed, long-standing strategic partner, valued at $290,000. Also awarded...

Tue, 17/10/2023 - 09:56


SMALL-CAP WINNERS & LOSERS: XPS Pensions boasts strong half-year

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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XPS Pensions Group PLC, up 9.2% at 220.6...

Tue, 17/10/2023 - 09:51


Jupiter Fund Management backs outlook despite ‘challenging’ backdrop

Jupiter Fund Management PLC on Tuesday said year-to-date overall flows have been in line with expectations, despite tricky market conditions hurting on investor demand.

The...

Tue, 17/10/2023 - 09:45


LONDON BROKER RATINGS: SocGen cuts HSBC to sell; DB down on utilities

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

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FTSE 100

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Deutsche Bank cuts SSE price target to 1,900 (2,150) pence - ’buy’

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Deutsche Bank cuts Severn Trent...

Tue, 17/10/2023 - 09:21


LONDON MARKET OPEN: Stocks in green as UK wage rises ease

Stock prices in London were higher on Tuesday morning, helped by weaker-than-expected UK wage inflation and potential diplomatic developments in the Middle East as US...

Tue, 17/10/2023 - 09:07


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