Daily market update: Burberry, Compass, Imperial Brands

“The FTSE 100 ticked higher on Wednesday after mixed trading overnight in the US and Asia,” says AJ Bell Investment Director Russ Mould.

“Significantly, the...

Wed, 14/05/2025 - 10:19


Sumitomo Mitsui lifts annual profit, sees further growth in year ahead

Sumitomo Mitsui Financial Group Inc on Wednesday reported a double-digit increase in profit and earnings per share for its recently completed financial year and forecasted...

Wed, 14/05/2025 - 10:17


Vistry shares fall as forward order book declines in year to date

Vistry Group PLC on Wednesday announced a lower forward order book, but noted strengthening demand from the private rented sector market.

The Kent, England-based house builder...

Wed, 14/05/2025 - 10:16


SMALL-CAP WINNERS & LOSERS: Gulf Marine Services has tax appeal denied

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

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SMALL-CAP - WINNERS

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Vanquis Banking Group PLC, up 10% at 77.30p,...

Wed, 14/05/2025 - 10:10


UK competition regulator opens inquiry of Aviva buy of Direct Line

The UK competition regulator on Wednesday opened a probe into the acquisition of Direct Line Insurance Group PLC by larger peer Aviva PLC

The motor and...

Wed, 14/05/2025 - 10:06


Coca-Cola Europacific Partners backs medium-term outlook

Coca-Cola Europacific Partners PLC on Wednesday maintained its medium-term financial objectives, ahead of a capital markets event.

The soft drink bottler re-affirmed mid-term growth objectives,...

Wed, 14/05/2025 - 10:06


Burberry to cut 1,700 jobs but optimistic that ‘best days are ahead’

Burberry Group PLC on Wednesday announced new cost-cutting measures after reporting lower annual sales as its strategic reset continues.

The London-based luxury goods manufacturer reported a...

Wed, 14/05/2025 - 09:58


Persimmon announces sale of FibreNest for around £100 million

Persimmon PLC on Wednesday said it will sell its full fibre broadband service FibreNest to BUUK Infrastructure.

The York, England-based housebuilder said the discounted total enterprise...

Wed, 14/05/2025 - 09:57


Spirax maintains annual guidance but tariff impact still ‘uncertain’

Spirax Group PLC on Wednesday said it delivered low single-digit organic revenue growth so far this year, and maintains its outlook for the whole of...

Wed, 14/05/2025 - 09:56


Imperial Brands CEO Stefan Bomhard to step down amid mixed first-half

Imperial Brands PLC on Wednesday said Chief Executive Stefan Bomhard will retire this year as it reported a drop in half-year sales.

The Bristol, England-based tobacco...

Wed, 14/05/2025 - 09:38


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