News

Persimmon announces sale of FibreNest for around GBP100 million
The York, England-based housebuilder said the discounted total enterprise value for the sale is around GBP100 million. Persimmon expects the sale to complete within three months. Persimmon will ...
Vistry shares fall as forward order book declines in year to date
(Alliance News) - 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 said ...
Spirax maintains annual guidance but tariff impact still "uncertain"
Consequently, Spirax said, it delivered low single-digit organic group revenue growth. The adjusted operating profit margin meanwhile was slightly lower against the first four months of 2024, which ...
Burberry to cut 1,700 jobs but optimistic that "best days are ahead"
The associated one-off costs across both programmes are expected to total around GBP80 million. Burberry said free cash was GB65 million, little changed from GBP63 million a year prior. Looking ahead, ...
LONDON BROKER RATINGS: RBC cuts AB Foods; JPMorgan raises Mondi
JPMorgan raises Mondi to 'overweight' (neutral) - price target 1,430 (1,435) pence Exane BNP starts Hikma Pharmaceutical with 'outperform' - price target 2,650 pence ...
LONDON BRIEFING: Burberry swings to loss; H&T agrees terms of takeover
In early corporate news, luxury goods company Burberry said it will cut up to 1,700 jobs globally as it swings to a loss against a "difficult macroeconomic backdrop", and pharmaceuticals firm GSK ...
StreaksAI shares jump amid rebrand to TAO Alpha to show "innovation"
(Alliance News) - StreaksAI PLC shares surged on Tuesday as it said it has rebranded as TAO Alpha PLC to show its "commitment to innovation".
JP Jenkins-15 index edges down 0.1% in April; three new companies join
It is the third monthly calculation for the new index. It increased by 6.7% in the four weeks that ended March 7, its first calculation, but slipped 0.5% in the month that ended April 7.
focusIR on: Pulsar Insights; Week 7
In this week's PLSR blog, we delve into the latest trends and opportunities in the Helium investment landscape with key insights and strategies that can help investors make informed decisions. - ...
LONDON BROKER RATINGS: UBS raises Entain; HSBC lowers Shell target
UBS raises Great Portland Estates price target to 330 (290) pence - 'neutral' Citigroup cuts Aston Martin Lagonda Global price target to 96 (132) pence - 'neutral' ...
London pre-open: Stocks to fall as investors mull jobs data
(Sharecast News) - London stocks were set to fall at the open on Tuesday following solid gains in the previous session, as investors mulled the latest UK jobs data. The FTSE 100 was called to open ...
Wellnex Life expects growth to continue through year as revenue surges
(Alliance News) - Wellnex Life Ltd on Monday said it expects growth to continue for the rest of the year and into next year as it reported higher revenue in the quarter. The Melbourne-based consumer ...