Mobico plunges on lowered earnings forecast and dividend suspension

Mobico Group PLC shares tumbled on Thursday morning after suspending its full-year dividend and cutting down its annual earnings target.

Shares in the Birmingham-based public...

Thu, 12/10/2023 - 10:03


North Atlantic Smaller Cos gets £11 million from private equity sale

North Atlantic Smaller Companies Investment Trust PLC on Thursday said Harwood Private Equity Fund V has sold one of its private equity holdings, Assisi Pet...

Thu, 12/10/2023 - 09:52


All eyes on US inflation figures while The Restaurant Group takeover may not be a done deal

“Inflation is on everyone’s minds today ahead of the latest figures from the US. Core CPI inflation is forecast to ease year-on-year from 4.3% to...

Thu, 12/10/2023 - 09:50


UK’s Hunt to attend IMF meeting in Morocco after UK forecast downgrade

UK Chancellor Jeremy Hunt will attend the annual meeting of the International Monetary Fund in Morocco against the backdrop of the UK’s economic growth forecast...

Thu, 12/10/2023 - 09:48


Hays reports decline in quarterly net fees versus ‘record’ prior year

Hays PLC on Thursday said net fees declined as expected in the first quarter of its financial year, noting a ‘record’ quarter in the prior...

Thu, 12/10/2023 - 09:43


SMALL-CAP WINNERS & LOSERS: Restaurant Group surges on takeover deal

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

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SMALL-CAP - WINNERS

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Restaurant Group PLC, up 37% at 66.40 pence,...

Thu, 12/10/2023 - 09:42


LONDON BROKER RATINGS: Goldman Sachs says ’sell’ Asos and boohoo

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

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FTSE 100

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Goldman Sachs cuts United Utilities price target to 1,041 (1,143) pence - ’neutral’

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Goldman Sachs...

Thu, 12/10/2023 - 09:40


TOP NEWS: easyJet to resume dividend payments after ‘record summer’

easyJet PLC on Thursday said it intends to recommence dividend payments after a three-year hiatus, as it hailed a ‘record summer’ for its flights and...

Thu, 12/10/2023 - 09:23


LONDON MARKET OPEN: Stocks up as investors forecast US rate peak

Stock prices in London were higher at the open on Thursday, as data showed a slight return to growth for the UK economy in August,...

Thu, 12/10/2023 - 09:11


TOP NEWS: Dechra Pharma swings to loss ahead of takeover by EQT

Dechra Pharmaceuticals PLC on Thursday said it swung to an annual loss as it lamented high inflation and cost of sales, despite growth in all...

Thu, 12/10/2023 - 09:03


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