Market Pulse
Bill Barnes leaving DFS Furniture at end of August
DFS Furniture announced on Friday that Bill Barnes will retire as group finance director with effect from 30 July.
Renewables Infrastructure announces second quarter dividend
The Renewables Infrastructure Group announced a second quarterly interim dividend in respect of the three month period to 30 June on Friday, of 1. 5625p per ordinary share.
London open: Stocks touch lower as BoJ disappoints; Barclays gains after results
London stocks opened a touch lower on Friday, with investors disappointed by the Bank of Japan's latest policy measures.
Vesuvius revenue and earnings slide year-on-year
Vesuvius posted its half-year results for the six months to 30 June on Friday, with revenue, profit and return on sales in line with expectations.
Reckitt H1 profit drops, FY outlook reaffirmed at bottom end of range
FTSE 100 consumer goods group Reckitt Benckiser posted a drop in first-half pre-tax profit but a rise in revenue, as it reaffirmed its full-year net revenue target at the lower end of its guidance range.
Market challenges lead Essentra earnings lower
Essentra posted its first half results for the six months to 30 June on Friday, with revenue broadly unchanged at £545m, although that was a 7% reduction on a like-for-like basis.
IAG flies higher in first half
British Airways owner International Consolidated Airlines Group presented its results for the six months to 30 June on Friday, with second quarter operating profit reaching €555m before exceptional items, up from €530m last year.
London pre-open: Stocks seen flat as BoJ disappoints
London stocks were expected to open little changed on Friday after the Bank of Japan’s latest policy measures left investors disappointed.
Friday newspaper round-up: Monte dei Paschi, Hinkley Point, Lloyds
Corrado Passera, the veteran Italian businessman and former industry minister, has teamed up with Swiss bank UBS to present a last-ditch alternative rescue proposal to the board of struggling lender Monte dei Paschi di Siena on Friday. The proposal will be presented to MPS only hours before the world’s oldest bank is expected to be ranked as one of the weakest banks in Europe when the results of the latest European stress tests are published on Friday evening. – Financial Times.