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Full List Of Stories
27 Jan
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US pending home sales rise 2.5% in December

US pending home sales rose in December for the first time in seven months, according to data released on Friday by the National Association of Realtors.

27 Jan
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FTSE 100 movers: Sainsbury's shines; Rolls-Royce retreats

London’s FTSE 100 was flat at 7,761. 39 in afternoon trade on Friday.

27 Jan
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Amigo fails to get enough interest in capital raise

Amigo Holdings said on Friday that it has received a number of expressions of interest in its capital raise, but this remains below the guarantor lender’s £45m target.

27 Jan
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Landsec sells London office building to HK property developer

Landsec said on Friday that it has sold One New Street Square, EC4, to Hong Kong-based property developer Chinachem Group for £349. 5m.

27 Jan
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London midday: Stocks little changed ahead of US data

London stocks were just a touch firmer by midday on Friday as investors continued to mull a better-than-expected US GDP reading a day earlier and looked ahead to the release of inflation figures.

27 Jan
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Peel Hunt downgrades Close Brothers, cites Novitas provisions

Peel Hunt downgraded Close Brothers on Friday to ‘hold’ from ‘add’ and cut the price target by around 18% to 1,031p as it lowered earnings per share estimates by 55% for FY23 and by 4% for FY24 and FY25.

27 Jan
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Superdry downgrades FY profit forecast to breakeven

Fashion brand Superdry cut its full-year profit outlook on Friday, citing underperformance of its wholesale segment and increasing uncertainty over the fourth quarter.

27 Jan
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Treatt trading in line, Q1 sales up 9%

Treatt said on Friday that it has made a good start to the new financial year, trading in line with management expectations.

27 Jan
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London open: Stocks flat but Sainsbury's rallies as Bestway takes stake

London stocks were steady in early trade on Friday as investors continued to mull a better-than-expected US GDP reading a day earlier, with Sainsbury's surging on news that Bestway has bought a stake in the supermarket giant.

27 Jan
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London pre-open: Stocks to rise on positive US cues

London stocks were set to rise at the open on Friday following a positive close on Wall Street on the back of better-than-expected GDP data.

27 Jan
Friday newspaper round-up: Wise, Royal Mail, Shell

One of the UK’s fintech darlings, Wise, could face a regulatory investigation after a rival startup accused the money transfer firm of stifling competition. London-headquartered Atlantic Money has written to the Competition and Markets Authority (CMA) to raise concerns over potential conflicts of interest and anti-competitive behaviour after Wise blocked the firm from a swathe of its own price comparison sites. – Guardian.

26 Jan
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US new home sales pick up in December, but down for the year

US new home sales rose in December, but fell overall in 2022, according to figures released on Thursday by the Commerce Department.

26 Jan
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FTSE 100 movers: Prudential pushes higher; Ocado hit by downgrade

London’s FTSE 100 was up 0. 1% at 7,752. 92 in afternoon trade on Thursday.

26 Jan
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LondonMetric chair Vaughan to step down

LondonMetric Property said on Thursday that chair Patrick Vaughan will step down from the board with effect from 11 July.

26 Jan
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ASOS recruits company doctor for turnaround - report

Online fashion retailer ASOS has reportedly drafted in a leading company doctor amid pressure from its lenders about the state of its balance sheet.

26 Jan
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RBC Capital downgrades Ocado, Boohoo

RBC Capital Markets downgraded its stance on online supermarket Ocado and fast-fashion retailer Boohoo on Thursday.

26 Jan
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Hundreds of jobs at risk, pay cuts on horizon amid Asda shake-up

Supermarket chain Asda announced a shake-up on Thursday that will put hundreds of jobs at risk, and cut pay for thousands.

26 Jan
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US pre-open: Stocks seen higher ahead of GDP data

US stocks looked set for a mostly higher open on Thursday as investors eyed the latest GDP reading.

26 Jan
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London midday: FTSE touch higher ahead of US GDP

London stocks were just a touch firmer by midday on Thursday as investors mulled the latest reading on the UK retail sector and eyed the release of US GDP data.

26 Jan
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JPMorgan says Lloyd's insurers 'on cusp of a golden era', upgrades Hiscox

JPMorgan Cazenove upgraded Hiscox on Thursday as it took a look at Lloyd’s insurers.