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IN BRIEF: Alphawave joins consortium to advance high-speed AI

Alphawave IP Group PLC - London-based designer of high-speed connectivity solutions - Joins Ultra Accelerator Link consortium to advance high-speed AI connections. The ultra accelerator...

Wed, 04/12/2024 - 10:11

Defensives slip as FTSE 100 starts lower, Centrica energised by nuclear plant extensions and Salesforce earnings impress

“The FTSE 100 started sluggishly on Wednesday as traditionally defensive sectors like pharmaceuticals and utilities were on the back foot,” says AJ Bell Investment Analyst...

Wed, 04/12/2024 - 10:04

Finsbury Growth & Income shares down on ‘disappointing’ annual results

Finsbury Growth & Income Trust PLC on Wednesday said it remains optimistic despite ‘disappointing’ annual results.

The London-based trust, which invests in shares of predominantly UK-listed...

Wed, 04/12/2024 - 09:56

TOP NEWS: UK service sector growth slows as firms fret over tax hikes

The UK service sector saw growth ease to the most tepid pace for around a year, survey results on Wednesday showed, amid worries about tax...

Wed, 04/12/2024 - 09:52

LONDON BROKER RATINGS: Deutsche Bank starts Applied Nutrition at ’buy’

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

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FTSE 100

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Deutsche Bank raises Coca-Cola HBC price target to 3,200 (3,150) pence - ’buy’

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Deutsche...

Wed, 04/12/2024 - 09:38

Legal & General confirms 2024 profit growth amid strong pension market

Legal & General Group PLC said profit growth in 2024 will be in line with the guidance it provided back in June, as the insurer...

Wed, 04/12/2024 - 09:31

UK’s Lammy tells Nato members to ‘get serious’ about defence spending

UK Foreign Secretary David Lammy urged European Nato members to step up defence spending ahead of Donald Trump’s return to the White House.

The US president-elect...

Wed, 04/12/2024 - 09:29

Vodafone taps former GSK CFO Simon Dingemans as non-executive director

Vodafone Group PLC on Wednesday said the former chief financial officer of drugs maker GSK PLC will join its board as a non-executive director.

The Berkshire,...

Wed, 04/12/2024 - 09:26

ME Group International expects ‘record profit’ as laundry sales soar

ME Group International PLC on Wednesday said it performed in line with board expectations for its recently-ended financial year and expects to report ‘record profit’....

Wed, 04/12/2024 - 09:07

LONDON MARKET OPEN: FTSE 100 loses ground but European peers advance

The FTSE 100 opened in the red on Wednesday, outperformed by European peers, with the CAC 40 in Paris shaking off political uncertainty.

The FTSE...

Wed, 04/12/2024 - 09:04

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