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Kier Group meets full-year expectations
Property, residential, construction and services company Kier Group posted its preliminary results for the year to 30 June on Thursday, falling in line with expectations as revenue grew 26% to £4. 2bn, or 8% on a like-for-like basis.
Rolls-Royce poaches Daily Mail CFO Daintith
Engine maker Rolls-Royce has poached Stephen Daintith from the Daily Mail & General Trust (DMGT) to be its new chief financial officer.
Thursday newspaper round-up: SME confidence, ECB, insurers, SAB
Confidence among small businesses is at a four-year low because of concerns among companies that the economy will weaken as Britain prepares to leave the European Union. A survey by the Federation of Small Businesses has revealed that confidence has fallen for the third consecutive quarter. Those who are pessimistic about their prospects outweighed those feeling optimistic for the first time since 2012. The lobby group described the study as a wake-up call for politicians to act to “avoid an economic slowdown”.
London pre-open: Stocks seen higher as Fed stands pat
Stocks in London were expected to open higher on Thursday, taking their cue from positive sessions in the US and Asia after the Federal Reserve stood pat on rates but suggested a hike would come later this year.
Micro Focus reiterates flat-or-lower revenue guidance
Micro Focus confirmed full year revenue is still likely to be no better than flat compared to last year's.