Close Brothers Shares Surge Despite Profit Fall and No Dividend
Close Brothers shares jumped in early trading after full-year results showed lower profit and no dividend. Costs came in below guidance and the loan book returned to growth.
Close Brothers shares jumped in early trading after full-year results showed lower profit and no dividend. Costs came in below guidance and the loan book returned to growth.
Navitas Semiconductor shares jumped more than 20% in post-market trading on Monday after the company won a US Army-sponsored programme to develop ultra-high-voltage silicon carbide power devices, though…
UK housebuilder shares surged on Monday after the government confirmed a new first-time-buyer equity loan scheme for next month’s budget, reviving hopes dashed when Help to Buy expired…
London-listed miners fell sharply in early trading Monday as gold, silver and copper prices tumbled, reversing part of this year’s commodity rally.
Monzo’s board is weighing a possible £8bn-£10bn sale to Brazil’s Nubank, while private equity firm Advent International has separately explored buying a minority stake, Sky News reported this…
Zeus Capital believes Ashtead Technology (LON: AT) shareholders are likely to accept a 615 pence cash offer if US private equity firm Ember Infrastructure makes a formal bid.…
Raspberry Pi Holdings posted a 216% rise in first-half profit after selling boards made with cheap memory bought before prices spiked, but the company says that cushion has…
McDonald’s shares fell more than 5% today, breaking below their 52-week low for the first time since October 2022, on trading volume almost three times the recent average.
Legal & General has reportedly told staff it will cut roughly 1,000 jobs, about a tenth of its workforce, through a voluntary redundancy programme running to mid-2027, extending…
Royal Caribbean Group has confirmed its largest-ever acquisition, a $3bn stake in Sandals Resorts, a day after a report of the impending deal sent its shares tumbling 6%.
Renishaw’s shares have rallied more than 50% since April on hopes the AI chip cycle would show up in its numbers. Wednesday’s results confirm it, with a bullish…
Viking Therapeutics (NASDAQ: VKTX) shares rose sharply after mid-stage trial data showed its obesity drug held on to most of its weight-loss effect with less frequent dosing, pressuring…
Official figures released this morning showed UK government borrowing running well ahead of plan in August, sharpening the fiscal challenge facing the Chancellor five weeks before the Budget.
Corvex Management has requisitioned a general meeting of Whitbread shareholders to elect its partner James Gemmel to the board, escalating a year-long campaign after the hotel group’s own…
Kingfisher raised its full-year profit guidance this morning after Screwfix’s trade and online sales growth offset weakness at B&Q, prompting a fresh £50m share buyback tranche.
Getech Group shares soared more than 13% earlier today after the AIM-listed subsurface data specialist reported its first Adjusted EBITDA profit since the loss-making prior year, with post-period…
Craneware (LON: CRW) shares plummeted over 22% on Monday morning after the Edinburgh-based healthcare software firm reset its growth expectations for the year ahead, even as its full-year…
Global flash PMIs and a heavy run of central bank speakers dominate the week starting Monday, alongside UK earnings from TUI, JD Sports and Vistry that offer a…
Kingfisher (LON: KGF) reports interim results before Tuesday’s market open, with shares having rallied more than 20% from their 52-week low, raising the bar for the B&Q and…
UK retail sales volumes rose in August, with the underlying trend firming, providing evidence that the consumer is holding up even as fuel costs bite.
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