Latest News
Syncona pleased with portfolio performance in latest quarter
Healthcare company Syncona issued its quarterly update for the three months to 30 June on Thursday, reporting an increase in net assets increased to £1. 28bn, or 193. 1p per share, for a total return of 23%.
Greek unemployment falls in May, officially inactive exceedingly high
Registered unemployment continued to trend lower in Greece in May, although the number of officially inactive persons remained exceedingly high.
US pre-open: Stocks to nudge up as US-China spat, Russia sanctions in focus
US stocks looked set to nudge higher at the open on Thursday as investors digested the latest developments in the US-China trade spat and the Trump administration's new sanctions on Russia.
AA stays on course for full year destination
The AA said it remained on course to reach its full year profits and cash flow targets despite the extreme weather obstacles in the first half.
Jefferies ups Capita to 'buy' on software division potential
Shares in outsourcer Capita rallied on Thursday as Jefferies upgraded the stock to 'buy' from 'hold', highlighting the potential of the company's software division.
G4S maintains first-half earnings amid 'step change' in revenue growth
G4S issued its results for the six months ended 30 June on Thursday, reporting a “step change” in revenue growth in the second quarter, with new contract wins during the half having an annual contract value of £0. 7bn.
Evraz pays out second interim dividend as cash surges
Russian steel producer Evraz declared a second interim dividend after a half-year where earnings and free cash flow surged, though the results arrived morning after the US declared new sanctions on Russia.
Derwent London rental income, earnings rise amid 'robust' demand
Property investment and development company Derwent London reported a rise in interim net rental income and EPRA earnings on Thursday as it hiked its dividend by 10% and highlighted "robust" occupier demand in the capital.
US imposes sanctions on Russia over Skripal poisoning
The US government said it would impose sanctions on Russia by the end of August after determining that Moscow had been involved in the poisoning of former agent Sergei Skripal and his daughter in England.
BTG's emphysema treatment struck down by FDA
Global specialist healthcare company BTG on Thursday received confirmation from the US food and drug administration (FDA) that its emphysema treatment will not receive pre-market approval.
BHP Billiton pays $50m in dam disaster settlement
BHP Billiton on Thursday agreed to pay $50m to a group of shareholders in order to settle a US class action lawsuit related to the 2015 Samarco dam disaster.
Regal acquisition boosts Cineworld interims
Cineworld surged on Thursday as it reported a jump in interim profit, boosted by its recent acquisition of Regal Entertainment.
Savills profit drops amid challenging conditions, increased invesment
Profit at Savills fell in the first half of the year on the back of increased investment and tough market conditions, but the estate agency backed its full-year expectations.
SEGRO raises EUR 300m through private note placement
SEGRO has signed an agreement with a group of institutional investors for a private placement of €300m 10-year and 15-year senior unsecured notes, it announced on Thursday.
Standard Life Aberdeen begins £175m share repurchase programme
Standard Life Aberdeen announced on Thursday that it was commencing an initial share repurchase programme of its ordinary shares, up to a maximum consideration of £175m.
London open: Stocks drop as Tui, ex-divs weigh; trade woes still in focus
London stocks fell in early trade on Thursday, dragged lower by ex-dividends and a sharp drop for travel group Tui as trade war woes continued to weigh on investors' minds.
Sun and football make for effervescent first half at Coca-Cola HBC
Coca-Cola HBC reported its financial results for the six months ended 29 June on Thursday, claiming “strong” revenue growth of 6. 4% in the first half on a foreign exchange-neutral basis; with acceleration in the second quarter supported by new product launches, good weather and the FIFA World Cup.
Card Factory slumps as it warns on profits, blames weather
Shares in Card Factory tumbled on Thursday as the greeting cards retailer said it expects full-year underlying earnings to be down on the previous year on the back of uncertainty about Brexit and "extreme" weather conditions.
Mining profits rise at Randgold despite lower gold price
Randgold Resources updated the market on its second quarter on Thursday, reporting a 5% uptick in its profit from mining on a quarter-on-quarter basis, with net cash generated from operations rising 49%.
L&G delivers solid first half and pledges 'extremely busy' second
Legal & General grew first-half profits more than expected and, although the life insurer's earnings were down and cash returns lower than might be hoped, an "exceptionally busy" second half is anticipated.