Full List Of Stories
Vistry warns on profits again, shares tumble
Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division.
FTSE 100 movers: Vistry tumbles on profit warning; IAG flies higher
London’s FTSE 100 was down 0. 8% at 8,076. 65 in afternoon trade on Friday.
JPMorgan hikes Relx price target
JPMorgan Cazenove lifted its price target on Relx on Friday to 4,550p from 4,200p to reflect an acceleration in the Legal and STM (scientific, technical & medical) divisions driven by generative AI.
Teneo said to be hunting new backers at $2bn valuation
Advisory firm Teneo - which managed the insolvency of Bulb Energy in 2021 - is reportedly kicking off a hunt for new backers in a process that could value it at about $2bn (£1. 5bn).
London midday: FTSE dragged lower by mining stocks; IAG bucks trend
London stocks were firmly in the red by midday on Friday, with heavily-weighted miners under the cosh as China’s latest $1. 4 trillion stimulus package underwhelmed investors.
Most attractive time in the last decade to buy GPE, says Citi
Citi upgraded its stance on Great Portland Estates on Friday to ‘buy’ as it said it was the most attractive time to buy in the last decade.
London open: Stocks dip; Vistry tumbles on profit warning
London stocks dipped in early trade on Friday at the end of an eventful week, as investors mulled rate cuts by the Bank of England and the Federal Reserve.
London pre-open: Stocks seen up after BoE, Fed decisions
London stocks were set to rise at the open on Friday at the end of a busy week, as investors mulled rate cuts by the Bank of England and the Federal Reserve.
Friday newspaper round-up: AI, Bentley, News Corp
Dozens of health and children’s groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. – Guardian.