Headline News
Jupiter Fund Management reports dip in 1H AuM
Jupiter Fund Management reported a dip in assets under management for the first half of the year.
US consumer confidence little changed in July amid high prices
US consumer confidence was little changed in July, for a third month in a row, the results of a closely followed survey showed.
Apollo to buy IGT Gaming and Everi in $6.3bn deal
Apollo Global Management has agreed to buy International Game Technology’s gaming and digital business - IGT Gaming - and gambling machines firm Everi Holdings in a $6. 3bn cash deal.
US personal incomes undershoot forecasts in June, inflation dips
Americans continued to spend at a steady pace in June while inflation slowed alongside.
3M comfortably beats expectations for Q2 revenue, earnings
American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.
Law Debenture delivers 'solid' overall first-half performance
Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.
Drivers pay £1.6bn too much in weak petrol market - CMA
The Competition and Markets Authority (CMA) reported on Friday that weakened competition among fuel retailers had led to UK drivers paying over £1. 6bn more than they should have in 2023.
GCP Infrastructure reports slight decrease in NAV per share
GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107. 58p as at 30 June, a slight decrease from 107. 62p at the end of March.
National Grid sells final 20pc interest in National Gas
National Grid announced the sale of its final 20% equity interest in National Gas to its current majority owners on Friday, consisting of a consortium of long-term infrastructure investors led by Macquarie Asset Management.
Segro reports continued rental growth in its first half
Segro reported a strong financial performance and continued rental growth in its half-year results on Friday.
FirstGroup trading as expected as chairman steps down
FirstGroup said in an update on Friday that its trading in the financial year-to-date remained in line with the expectations set out in its full-year results in June, as it also announced the retirement of chairman David Martin.
Computacenter H1 profits to drop; £200m share buyback announced
Computacenter said on Friday that it was expecting to report a drop in first-half profit due to the delay of the fulfilment of some orders in North America, as it announced a £200m share buyback programme.
NatWest Group posts drop in 1H profits, Chancellor mulls share sale
NatWest Group posted a decline in interim profits as net interest margins fell and costs rose, but raised its full-year income guidance.
IMI reports robust growth in first half
IMI reported continued strategic progress and a robust financial performance in its first half on Friday, with growth in organic revenue and profits.
AstraZeneca gets positive feedback on possible Imfinzi indication
AstraZeneca's ‘Imfinzi’, or durvalumab, was recognised by the FDA's oncologic drugs advisory committee (ODAC) on Friday for its efficacy in treating resectable non-small cell lung cancer (NSCLC), based on phase three trial results.
Babcock profits rise amid uplift in global defence budgets
Babcock International posted a jump in full-year profit on Friday as it continued to be boosted by a "sustained uplift" in global defence budgets, with a strong performance in Nuclear, Land and Aviation.