Latest News
Sports Direct clarifies Agent Provocateur acquisition
Sports Direct clarified that it indirectly bought struggling lingerie retailer Agent Provocateur.
London open: Stocks little changed as investors sift corporate news
London stocks were little changed in early trade as investors chewed over a smorgasbord of corporate releases.
Supermarket sales rally as Morrisons enjoys best growth in five years
Led by a growth spurt at Morrisons the like of which it has not enjoyed in five years, UK supermarket sales grew at their fastest rate in almost two and a half years.
Reserve Bank of Australia keeps cash rate at 1.5%, as expected
Australia's central bank stayed put on interest rates, as expected, even as it pointed to medium-term risks for China's economy and said a strengthening in the Aussie dollar could complicate matters.
Aggreko issues profits warning for 2017
Power supplier Aggreko issued a profits warning on Tuesday as it said 2017 results would be offset by the “significant impact” of a reduction in pricing on contracts in Argentina.
John Laing Group's NAV and dividend increase
Infrastructure developer John Laing Group’s 2016 net asset value and final dividend increased, while its overseas projects benefitted from weak sterling.
McCarthy & Stone on track to meet FY expectations
Retirement housebuilder McCarthy & Stone said on Tuesday that it is on track to deliver full-year results in line with market expectations following stable trading conditions in the first half of the year.
Return and rent roll still rising at Tritax Big Box
Big box logistics real estate investment trust Tritax Big Box posted its full-year results for the 2016 calendar year on Tuesday, with dividends declared for the year totalling 6. 2p per share, in line with the board’s target and up 3. 3%.
SDL beats analysts' forecasts, doubles full-year dividend
SDL beat analysts´ forecasts for the full-year, allowing the company to double its dividend payout.
Worldpay rings up substantial earnings improvement
Electronic payments processor Worldpay posted its final results for the 2016 calendar year on Thursday, with the company seeing a 14% rise in transactions to 14. 9 billion, as total transaction value rose 12% to £451. 1bn.
London pre-open: Stocks seen firmer as earnings keep coming
London stocks were set to open in the black on Tuesday on what is looking set to be a fairly quiet day on the macroeconomic front ahead of Wednesday’s budget and the US non-farm payrolls at the end of the week.
Weak pound bolsters Intertek's full-year sales, dividend raised almost 20%
Intertek saw full-year 2016 sales rocket 18. 5% to £2,567. 0m as weakness in the pound continued to bolster its top-line.
Tuesday newspaper round-up: Oil, Vauxhall, Efta, Sky, ITV
A global glut of oil could turn into a shortage within three years unless billions of dollars worth of new investments are made in the industry, the International Energy Agency said yesterday. In its latest five-year oil market forecast, the agency said that supplies of oil until 2020 appeared comfortable but after that it predicted a rapid fall in new supply growth, the consequence of a sharp drop in investment since crude prices plunged in 2014. - The Times.
US close: Markets end lower as geopolitical tensions tighten
US stocks traded lower on Monday as geopolitical concerns weighed on investors' minds, while they also continued to mull over a prospective rate hike by the Federal Reserve next week.