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LSE profit slips, warns of Brexit volatility
London Stock Exchange Group said on Thursday that profit slipped in the first half of the year, although revenue and operating profit were higher and the company lifted its interim dividend.
Ladbrokes leaps on back of thoroughbred first-half results
Bookmaker Ladbrokes first-half profits beat management and City forecasts by a length as favourable results from the sporting gods put an extra sheen on the progress being made after last year's strategic rejig.
UDG Healthcare reports rise in quarterly revenues
UDG Healthcare’s revenues and adjusted operating profits in the nine months to 30 June were well ahead of the previous year, according to a trading statement on Thursday.
Tesla misses earnings expectations as production falters
US carmaker Tesla disappointed with its second quarter results as it recorded a $293m loss for the period compared to last year.
Pets at Home grows revenue across several divisions
Specialist retailer of pet products and services Pets at Home Group announced a first quarter trading up for the 16 week period from 1 April to 21 July on Thursday, with group like-for-like revenue growth of 2. 7%.
Cobham slumps as it swings to first-half loss
Shares in Cobham tumbled on Thursday after the FTSE 250 aerospace and defence group said it swung to a loss in the first half and cut its interim dividend.
Assets fall significantly at Woodford Patient Capital Trust
Woodford Patient Capital Trust announced its unaudited half-yearly financial report for the period from 1 January to 30 June on Thursday, with net assets falling to £717. 89m from £814. 86m a year ago.
Mondi first-half profit up but warns over H2
Paper and packaging group Mondi posted a jump in first-half pre-tax profit but warned on Thursday that the second half of the year will be hit by planned maintenance closures at a number of its mills and the usual seasonal downturn in its uncoated fine paper business.
AA plc shares rise as it reports in-line trading
AA, the roadside assistance and insurance provider, said on Thursday trading has been in line with market expectations as it benefits from its ongoing transformation.
Europe open: Stocks edge higher as investors eye BoE
European stocks edged higher in early trade as investors looked to the latest rate announcement from the Bank of England, which is widely expected to cut interest rates to a record low of 0. 25%.
Inmarsat returns to growth in second quarter but interim profits fall 7pc
Although its maritime market remains in the doldrums, Inmarsat posted a respectable set of interim results on Thursday as the satellite services group surprisingly returned to growth in the second quarter thanks to growth from the aviation sector, government contracts and its deal to supply US mobile network Ligado Networks.
Shaftesbury looking to change conditions of stock
Shaftesbury announced on Thursday morning that it has held discussions with certain holders of its £61,048,148 8. 5% first mortgage debenture stock due 2024, about a proposal to amend the terms and conditions of the stock.
Serco surges as it swings to H1 profit, lifts guidance
FTSE 250 outsourcing group Serco said it swung to a profit in the first half as it lifted its guidance for the year.
Production downtime hits Randgold second quarter
Randgold Resources posted its second quarter production results on Thursday, and said production and costs were hit in the three months to June by a long mill downtime at Tongon and the Kibali plant's continuing transition to a mixed-ore feed, but added the improvement expected in the second half of the year should boost its 2016 results to within its market guidance.
London open: Stocks flat ahead of Bank of England announcement
London stocks opened in muted fashion on Thursday as investors kept their powder dry ahead of the Bank of England's monthly policy decision and quarterly Inflation Report.
RSA Insurance operating profit up 20% in first half
RSA Insurance reported a drop in pre-tax profit but a rise in operating profit for the first half, as it lifted its dividend.
Aviva written premiums and operating profits rise
Insurance giant Aviva posted its interim results for the six months to 30 June on Thursday, with operating profit rising 13% to £1. 325bn and operating earnings per share improving 1% to 22. 4p.
London pre-open: Stocks set for muted start ahead of BoE rate announcement
London stocks looked set for a muted open on Thursday as investors eyed the latest rate announcement and Inflation Report from the Bank of England.
EasyJet traffic up 6.7% in July
Traffic at low-cost carrier EasyJet was up 6. 7% in July to 7. 5m passengers, while the load factor – which gauges how full the flights were – nudged up to 95. 8% from 94. 3%.
Thursday newspaper round-up: Brexit, corporation tax, UK supermarkets
The French are blasé about Brexit while Swedes are more saddened than others in Europe by the UK’s vote to exit the EU, according to a survey. A 16-country poll by Ipsos Mori showed that almost half — 48 per cent — of respondents from Sweden said they were dismayed by the UK’s decision. It was a different story in France, where only a quarter of respondents said they were sad about Brexit. – Financial Times.