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Latest News
25 May
Pennon Group's annual pre-tax profits rise marginally

Water utility Pennon Group reported a slight rise in full year pre-tax profit as a strong performance in its energy recovery business offset lower water prices.

25 May
50 Finsbury Square Great Portland Estates GPE
Great Portland Estates subsides despite London commercial property confidence

Great Portland Estates's net asset value (NAV) surged 19. 5% in a year of "record-breaking leasing" as, apart from Brexit uncertainty, London's commercial property market was said to remain supportive.

25 May
edgar test 10
McCarthy & Stone amends credit facility terms

FTSE 250 retirement housebuilder McCarthy & Stone has amended the terms of its £200m revolving credit facility.

25 May
Allied Minds announces successful completion of feasibility programme

Allied Minds’ partnership with Bristol-Myers Squibb (BMS), Allied-Bristol Life Sciences, has successfully completed the drug candidate feasibility programme ABLS II and has approved up to $15m to fund further development of the lead optimisation programme.

25 May
zoopla
Zoopla zips to new high as interims excite

Strong half-year results from Zoopla Property Group helped the shares extend their highs, as a powerful performance from new addition uSwitch added to the continued recovery of the core property arm.

25 May
Shaftesbury, Carnaby Street, London, property
Shaftesbury's first half profits fall on higher finance costs

Property investment company Shaftesbury reported a decline in pre-tax profit in the first half as the company incurred higher finance costs.

25 May
polypipe
Polypipe reports strong start to the year

Polypipe reported a jump in revenue for the first four months of the year and said it was well placed to deliver on its full-year expectations.

25 May
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German Ifo business confidence improves more than expected

German business confidence improved more than expected in May, according to a widely-followed survey.

25 May
London, city, DL
London open: Stocks rise as Greece creditors agree to unlock fresh bailout funds

London stocks rose on Wednesday after the eurozone finance ministers agreed to unlock €10bn in bailout funds.

25 May
wizz air wizzair airbus aircraft plane a320
Wizz Air's full year profits soar but first quarter to be hit by early Easter

Wizz Air reported on Wednesday a 53% jump in full year underlying net profit to €224m as revenue gained.

25 May
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Paysafe FY earnings and revenue to top consensus

Paysafe shares rallied on Wednesday as the FTSE 250 payments processor said full-year revenue and earnings are now expected to be ahead of market consensus.

25 May
Dixons Carphone, electrical retail
Dixons Carphone says profits will hit top of targets after solid Q4

A trading update from Dixons Carphone revealed annual pre-tax profits are likely to reach top half of its guidance as the retailer gained market share in electricals and mobile in most of its key markets.

25 May
Monsanto
Monsanto rejects Bayer's bid

US agriculture giant Monsanto late on Tuesday rejected German chemical and pharmaceutical company Bayer’s $62bn all-cash offer, saying it was “incomplete and financially inadequate”.

25 May
union-europea-banderas
Europe open: Stocks in the black as oil gains, Greece deal reached

European stocks advanced in early trade following a positive session on Wall Street and amid rising oil prices, as investors digested news that Greece has reached a breakthrough agreement with its international creditors.

25 May
royal mail, post
Royal Mail gets mixed bag from Ofcom postal regulation report

Concluding its review of the regulation of Royal Mail, the postal regulator has decided not to impose any new price controls on the company’s wholesale or retail products but it kept the cap on stamp prices and proposed tightening some rules in the 'access' market.

25 May
nuclear, babcock
Babcock International profits as outsourcing demand remains strong

Babcock International posted a strong set of final results, with the FTSE 100 engineering outsourcer's all-organic profits rising steadily and emitted optimistic sounds about future growth in the UK and internationally.

25 May
intertek
Intertek revenue up but resource business challenging

FTSE 100 testing, inspection and certification company Intertek Group reported a rise in revenue for the first four months of the year although its resource-related business continued to suffer from challenging markets.

25 May
Westminster, London, politics, government, Big Ben
London pre-open: Stocks set for firmer open; M&S in focus

London stocks were seen starting higher following positive leads in the US and Asia amid rising oil prices, as investors digest news that Greece has reached a deal with it international creditors.

25 May
noticias
Wednesday newspaper round-up: Greece, BHS, Monsanto

Greece's international creditors have bought time to secure the country's financial future after agreeing broad but inexact principles to ease its debt mountain and break an impasse between Germany and the International Monetary Fund. After almost 11 hours of talks in Brussels, eurozone finance ministers and the IMF agreed to a range of measures to restructure Greece’s debts when its €86bn bailout ends in 2018 — but put no figures on the concessions and left them subject to political decisions by eurozone countries.

25 May
Kitchen sinking at M&S, profits on target at DC

London open The FTSE 100 was called 55 points higher by City of London traders on Wednesday morning, extending its strong gains from the previous day.