Latest News
Deutsche Bank initiates coverage of FirstGroup, Go-Ahead, National Express
Deutsche Bank initiated coverage of FirstGroup, Go-Ahead and National Express as it took a look at the European Bus & Rail sector.
BHP Billiton board member steps down after 16 years
BHP Billiton, a Anglo-Australian multinational mining, metals and petroleum company, has announced that the chairman of its Sustainability Committee is stepping down.
Genedrive appoints Matthew Fowler CFO
AIM-listed molecular diagnostic company Genedrive appointed Matthew Fowler as chief financial officer and a member of the board.
Microsoft set for $40bn stock buyback as dividend rises
Cash-rich Microsoft raised its quarterly dividend by 8% on Tuesday, and announced plans to buy back as much as $40bn of its own shares.
PowerHouse posts interim results as it moves to commercialisation
Ultra high gasification waste to energy systems company PowerHouse announced its unaudited interim results for the six months to 30 June on Wednesday as it continued its development programme.
London's prime property market hit by Brexit uncertainty, Savills says
The value of properties in London’s high-end market will stall until 2019 due to uncertainty over Brexit, according to a report by Savills.
Strategic Equity Capital shares up as it weathers volatile year
Strategic Equity Capital posted its full-year results for the year to 30 June on Wednesday, with net asset value per ordinary share dropping 9% year-on-year to 198. 06p.
Saga confidently hikes dividend as travel business remains robust
Although first-half sales declined and the dividend was short of expectations, Saga beat analyst's profits forecasts and was confident the business is on track to meet its full year targets.
Europe open: Stocks push higher after BoJ; Fed in focus
European stocks pushed higher in early trade after the Bank of Japan stood pat on rates but tweaked its policy framework, as investors looked ahead to a policy announcement from the Federal Reserve.
London open: Stocks edge higher after BoJ, ahead of Fed
Stocks in London edged higher in early trade after the Bank of Japan stood pat on rates but tweaked its policy framework, as investors looked ahead to a policy announcement from the Federal Reserve.
Diageo confident of 'stronger' 2017 financial year
Smirnoff, Guinness and Baileys producer Diageo is set to deliver a “stronger” performance for the 2017 after a good start to the financial year as it beefs up marketing, innovation and commercialisation of products.
Majestic Wine tumbles on profit warning
Majestic Wine shares tumbled on Wednesday after the company said it expects 2017 profits to be below current market expectations due to lower-than-expected sales in its commercial business and investment in the US division of Naked Wines.
Newspaper round-up: BoJ, RBS, BHP Billiton, Hinkley contract bonanza
The Bank of Japan has launched an unprecedented new kind of monetary easing as it set a cap on 10-year bond yields and vowed to overshoot its 2 per cent inflation target on purpose. Its decision demonstrates that even eight years after the global financial crisis, central bankers are still willing to experiment with new monetary policy tools, as they struggle to escape from low inflation around the world. - Financial Times.
Interserve joint venture awarded UAE mall contract
Interserve announced on Wednesday that its construction joint venture Khansaheb has been awarded an £81m contract by Middle East developer Majid Al Futtaim, to expand and upgrade the City Centre Ajman mall in the United Arab Emirates.
London pre-open: Stocks seen touch higher ahead of Fed
Stocks in London were expected to open just a touch higher as investors looked ahead to a policy announcement from the Federal Reserve, after the Bank of Japan stood pat.