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Latest News
23 Feb
howden, kitchen
Howden sees slower growth in UK revenue

Kitchen maker Howdens said 2016 pre-tax profits increased to £237m from, despite sifter market conditions in the second half.

23 Feb
the city building night view night london canary wharf finance business
Sterling and FTSE help Rathbone Brothers finish strong

Rathbone Brothers posted its preliminary results for the 2016 calendar year on Thursday, with total funds under management sitting at £34. 2bn at 31 December, up 17. 1% year-on-year.

23 Feb
bayrou-force-de-lacher-son-fief-bearnais
Europe open: Stocks edge higher as investors digest Fed minutes, French politics

Europe's main stock market benchmarks saw slight gains at the start of trading on Thursday as traders digested the minutes of the US central bank's most recent policy meeting, released overnight, and the latest news on the French political front.

23 Feb
Satellite, space, communications
Inmarsat boosted by Macquarie upgrade

Satellite communications company Inmarsat got a boost on Thursday as Macquarie upgraded the stock to ‘outperform’ from 'neutral' and gave it a target price of 850p, saying it may at an inflection point.

23 Feb
Sun bingo Playtech gambling gaming
Playtech ups full year dividend 15% as 2017 starts off well

Playtech, the provider of online gaming and financial trading software, reported strong annual profits growth last year and has begun 2017 on a good footing.

23 Feb
Money cash dollars
KAZ Minerals digs up stronger full-year earnings

KAZ Minerals posted its audited results for the 2016 calendar year on Thursday, with gross EBITDA rising to $492m, from $208m in 2015, which the board said was driven by performance at the Bozshakol and Aktogay assets.

23 Feb
le-systeme-de-pilotage-automatique-de-tesla-epingle-en-allemagne
Tesla reports smaller loss than expected in Q4

Elon Musk's Tesla Motors reported revenue which was higher than analysts expected on Wednesday, as well as shortening its loss for the quarter to $0. 69 per share.

23 Feb
rentokil rat pest
Rentokil full-year profit, revenue up

Rentokil Initial posted a rise in pre-tax profit for 2016 as revenue grew and the group benefited from the weakness of the pound.

23 Feb
wind, windfarm, turbine, renewable, green
Slower wind means lower performance for Greencoat

Wind energy infrastructure investor Greencoat UK Wind posted its final results for 2016 on Thursday, reporting that its portfolio of 19 wind farm investments generated 978. 1GWh of electricity - 6% below budget - which the board said reflected average wind speed across the UK being 6% below the long term mean.

23 Feb
lloyds bank
Government sells further shares in Lloyds Banking Group

The government has sold off a further chunk of shares in Lloyds Banking Group, it revealed on Thursday.

23 Feb
Finance, graph
Relx FY revenues rise, to spend £700m on share buybacks

Relx, formerly known as Reed Elsevier, reported a rise in full-year underlying revenue and operating profit and said it plans to spend £700m on share buybacks.

23 Feb
London Stock Exchange AIM LSE shares
London open: Stocks nudge lower as investors sift through earnings; Barclays gains

London stocks nudged lower in early trade on Thursday as investors sifted through a raft of corporate news and digested the latest minutes from the Federal Reserve.

23 Feb
glencore, mining, commodities, metals, mine, smelter
Glencore's earnings rise as net debt narrows more than expected

Anglo-Swiss miner Glencore slashed its losses and net debt as it successfully firmed up its balance sheet following the downturn in commodities a year ago.

23 Feb
Centrica_wind_farm
Centrica revenue dips but results remain strong

Energy and utility services company Centrica posted its preliminary results for the year to 31 December 2016 on Thursday, with adjusted operating profit and adjusted earnings both up 4% to £1. 52bn and £895m respectively, and adjusted earnings per share falling 2% to 16. 8p.

23 Feb
capital & regional, retail, shopping
Intu Properties grows top line but valuations hit profits

Shopping centre owner Intu Properties full year turnover increased on the back of strong rental growth, although profit fell due to property revaluations.

23 Feb
Cigarettes, tobacco, smoking
BAT profits rise on back of higher volumes, market share

Cigarette maker British American Tobacco lifted full year pre-tax profits to £6. 2bn from £5. 8bn as volumes and market share grew.

23 Feb
bae systems offshore patrol vessel, defence
BAE Systems full-year profit, revenue rise as defence budgets recover

FTSE 100 defence group BAE Systems reported a rise in full-year profit before tax on Thursday, with revenue and order intake up as defence budgets recover.

23 Feb
Mondi
Mondi FY profits up despite fall in revenues

Paper and packaging manufacturer Mondi posted a 6% rise in pre tax profits to €843m (£715m) despite revenues falling by 2% to €6. 6bn (£5. 5bn).

23 Feb
London Stock Exchange AIM LSE shares
London pre-open: Stocks seen weaker as investors mull earnings, Fed minutes

London stocks were expected to open lower on Thursday as investors faced a deluge of corporate results from the likes of Barclays and digested the latest minutes from the Federal Reserve.