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British Land upbeat as leasing activity picks up in Q2
Real estate giant British Land said it has seen "continued momentum" in the second quarter, with leasing income growth continuing to outpace estimated rental value (ERV).
Cussons holds guidance despite fall in FY profits
Personal care consumer goods maker PZ Cussons on Tuesday held annual guidance despite a fall in full-year profits as cost inflation and issues at its Nigerian operation continued to weigh.
Asos flags bottom-end operating profit, Close Bros statutory profit slides
London open The FTSE 100 is expected to open 16 points lower on Tuesday, having closed down 0. 78% on Monday at 7,623. 99.
London pre-open: Stocks seen muted after Moody's US warning
London stocks were set for a muted open on Tuesday following a downbeat session in Asia, after Moody’s warned that a US government shutdown could be bad news for the country’s triple-A credit rating.
Asos profits at the low end as wet summer hits growth
Fast fashion giant Asos has revealed that operating profits for the full year will come in at the bottom end of expectations and free cash flow will be significantly lower than guidance.
Volumes, pricing drive 20% profit rise at Smiths
Engineering group Smiths hailed a 20% rise in annual operating profit, driven by volume growth and higher prices which offset the impact of inflation.
Tuesday newspaper round-up: Workplace absences, Nissan, London offices
Stress was one of the biggest contributors to a rise in workplace absences over the past year, according to research that found the number of workers taking sick leave has hit a 10-year high The Chartered Institute of Personnel & Development (CIPD) analysed sickness absence and employee health among 918 organisations representing 6. 5 million employees, with 76% of respondents reporting they had taken time off due to stress in the past year. – Guardian.
Sector movers: Personal Goods, Big Tobacco pace losses
Personal Goods was at the bottom of the pile at the start of the week as concerns around China's property sector continued to nag investors.