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Latest News
19 Apr
Bonmarche
Bonmarche sales drop but FY profit on track

Clothing retailer Bonmarche reported a drop in sales on Wednesday amid challenging conditions but said it expects pre-exceptional profit before tax for the year to 1 April 2017 to be slightly above the mid-point of the £5m to £7m range previously announced.

19 Apr
Money coins pound
Henderson begins year solidly ahead of Janus merger

Henderson Group published its first quarter trading statement for the three months to 31 March on Wednesday, with assets under management at period end increasing to £103. 1bn, which the board said was driven by positive investment performance and foreign exchange gains.

19 Apr
London Stock Exchange AIM LSE shares
London open: Stocks edge lower as investors continue to mull snap election

London stocks edged lower in early trade, adding to losses from the previous session when the FTSE suffered its worst day since the Brexit vote after Prime Minister Theresa May announced plans for a snap general election on 8 June.

19 Apr
le-patron-de-l-alliance-renault-nissan-carlos-ghosn-a-geneve-en-mars-2017
EU car registrations jump in March, but still point to slowdown

Car registrations in the European Union rebounded in March, led by rebounds in France and Germany, but analysts said they continued to point to a gradual slowdown.

19 Apr
ep gafas presbicia
Tesco sells off opticians business

In the latest effort to trim unwanted fat from the business, Tesco has struck a deal to offload its opticians business to Vision Express for an undisclosed sum.

19 Apr
handshake
Electra Private Equity sells interests in housebuilders for £94m

FTSE 250 investor Electra Private Equity has sold its interests in housebuilder Cala Group and Retirement Bridge Group, a home reversion equity release provider, to Patron Capital Partners for a combined £94m.

19 Apr
polymetal, albazino, gold, mining
Polymetal's gold production increases, on track to meet full year targets

Polymetal International’s first quarter gold production increased following recent acquisitions as the miner remains on track to deliver its production and cost targets for the full year.

19 Apr
Prudential trading at substantial valuation discount, Berenberg says

Analysts at Berenberg hiked their target price on shares of Prudential, telling clients not to let the opportunity pass.

19 Apr
bunzl, packaging, consumer goods, diistribution
Bunzl's new business wins add to first-quarter buzz

Outsourcing company Bunzl reported a rise in first quarter revenue following new business wins and acquisitions.

19 Apr
handshake
Victrex CEO Hummel to retire next year

Victrex has announced that David Hummel plans to retire as chief executive at the end of March 2018 after 24 years at the company.

19 Apr
Europe open: IBM earnings weigh on sentiment, ECB speakers in focus

European stocks began the day on a slightly mixed note, tracking a lower close on Wall Street overnight with the poor results from tech giant IBM which were published after the closing bell in New York further weighing on sentiment.

19 Apr
rentokil rattrap
Rentokil makes strong start to acquisition-filled year

Pest control and hygiene group Rentokil Initial posted its first quarter trading update on Wednesday, with ongoing revenue rising 23. 8% - or 10% at constant exchange rates - to £579m.

19 Apr
Segro Slough Bath Road
Segro hails 'excellent start' to year

Segro said on Wednesday that it has had an "excellent start" to 2017, signing £16m of new headline rent.

19 Apr
burberry 16 fashion couture
Burberry posts drop in H2 revenue despite 'exceptional' UK performance

Luxury fashion brand Burberry reported a drop in total underlying revenue in the second half as an "exceptional" performance in the UK was offset by efforts to improve brand positioning in the US and in the beauty business.

19 Apr
London Stock Exchange AIM LSE shares
London pre-open: Stocks seen lower; Parliament to vote on snap election

London stocks were set for more losses on Wednesday, having suffered their worst day since the Brexit vote a day earlier after Prime Minister Theresa May announced plans for a snap general election on 8 June.

19 Apr
noticias
Wednesday newspaper round-up: RBS, RWE, Next, Greece

Philip Hammond has signalled that the government is facing a multibillion-pound loss from selling off its 73% stake in Royal Bank of Scotland. The chancellor told MPs that that “we have to live in the real world”, as he indicated that the remaining shares could be sold below the 502p average price that was paid for them during 2008 and 2009 when £45bn of taxpayers’ money was pumped into the Edinburgh-based bank. – Guardian.