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09:20
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Shaftesbury Capital swings to net profit on strong leasing

West End-focused real estate group Shaftesbury Capital said it saw "excellent" leasing activity across all property with rents rising by a tenth as it swing to a net profit in 2023.

09:11
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London open: Stocks rise as investors eye US inflation data

London stocks edged up in early trade on Thursday as investors digested a slew of UK earnings releases and looked to the release of key US inflation data.

09:06
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LSE expects progress in 2024, says outlook for IPOs ' encouraging'

The London Stock Exchange Group posted modest profit growth for the year just ended and sounded a confident note on the outlook, including for initial public offerings.

08:59
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Wincanton surges as GXO makes £764m takeover offer, trumps CEVA Logistics

Wincanton surged on Thursday after Clipper Logistics owner GXO Logistics said it had made a £764m takeover offer for the company, potentially kicking off a bidding war.

08:55
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Spire Healthcare profits grow following 'strong' FY performance

Private healthcare business Spire revealed on Thursday that full-year profits had surged in 2023 following a "strong" full-year performance.

08:50
Europe open: Shares gain ahead of US PCE; Haleon up on sales forecasts

European markets opened higher on Thursday as investors digested another dump of corporate earnings and looked ahead to inflation data in the US and Europe.

08:31
Serco sees lower revenue, profits up in 2024

Government contractor Serco said it expected slightly lower revenues this year and a 5% rise in profit as 2023 earnings rose 25%.

08:25
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Drax lifts dividend as full-year profits jump

Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills.

08:14
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Spectris reports record profits but sales fall short of forecasts

Precision instrumentation and controls company Spectris reported record adjusted profits for 2023 on the back of double-digit sales growth and improving margins, though sales came in slightly below forecasts.

08:12
dl gsk plc gsk health care healthcare pharmaceuticals and biotechnology pharmaceuticals ftse 100 premium glaxosmithkline glaxo smith kline 20230328 1827
GSK reaches settlement in another Zantac case

GSK announced a confidential settlement with Boyd/Steenvoord, effectively resolving a case filed in California state court over its discontinued heartburn drug Zantac.

08:07
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Vesuvius FY profits drop amid ‘difficult’ market conditions

Molten metal flow engineer Vesuvius reported a drop in full-year profit and revenue on Thursday amid "difficult" market conditions.

07:59
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Howden profits fall 19% on weaker building market

Profits at Howden Joinery fell more than expected last year as a weaker DIY and housing market hit the bottom line.

07:56
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Ocado returns to profit in 2023

Ocado said on Thursday that it swung back to an underlying profit in 2023 as its joint venture with M&S returned to profit.

07:44
German retail sales fall unexpectedly in January

German retail sales fell unexpectedly in January, down 0. 4% against expectations of a 0. 5% rise, according to official data published on Thursday.

07:38
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Weir Group delivers strong 2023 profits as margins beat targets

Weir Group managed to deliver an 18% increase in adjusted profits in 2023 after beefing up margins more than expected as it pointed to further growth across the board this year.

07:33
Haleon sees higher sales in 2024 as FY profits come in flat

Consumer health firm Haleon on Thursday posted flat annual earnings and said it expected to grow revenue this year on higher demand.

07:32
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London pre-open: Stocks to edge up as investors eye US inflation data

London stocks were set to edge up at the open on Thursday as investors eyed a slew of UK earnings releases and key US inflation data.

07:29
IAG profits more than double, GSK settles another Zantac case

London open The FTSE 100 is expected to open 15 points higher on Thursday, having closed down 0. 76% on Thursday at 7,624. 98.

07:26
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Thursday newspaper round-up: Non-dom rules, Dyson, Skipton

Jeremy Hunt is considering scrapping Britain’s non-domiciled tax rules in next week’s budget, it has been reported, in a move that would see him poach one of Labour’s key fiscal policies. The decision is understood to be on a list of revenue-generating options drawn up for the chancellor and Rishi Sunak after economic estimates left them with less money than expected for tax cuts or spending pledges. – Guardian.

07:21
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IAG profits fly past pre-pandemic levels on strong leisure demand

British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.

 

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.