Full List Of Stories
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.
FTSE 250 movers: Drax powers ahead after results; Computacenter falls
London’s FTSE 250 was 2% higher at 21,320. 40 in afternoon trade on Friday.
FTSE 100 movers: NatWest surges after results; Rightmove edges down
London’s FTSE 100 was up 0. 9% at 8,262. 14 in afternoon trade on Friday.
London midday: Stocks stay up as investors eye US inflation reading
London stocks were still in the black by midday on Friday, with NatWest pacing the gains after well-received results, as investors eyed a key US inflation reading.
Co-operative Bank interim profits drop
The Co-operative Bank posted a drop in interim profits on Friday ahead of its planned merger with Coventry Building Society.
RBC Capital downgrades Lloyds after shares hit price target
RBC Capital Markets downgraded Lloyds Banking Group on Friday to ‘sector perform’ from ‘outperform’ after the shares hit its 60p price target.
Keywords Studios confident of delivering ‘good’ revenue growth in 2024
Keywords Studios said on Friday that it remains confident in delivering "good" overall revenue growth in 2024, with the performance expected to be weighted to the second half.
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.
London open: FTSE gains as NatWest rallies after results
London stocks rose in early trade on Friday following mixed sessions in the US and Asia, with NatWest pacing the gains after well-received results.
Brighton Pier Group warns on profits, shares slide
The Brighton Pier Group warned on Friday that full-year EBITDA was set to be lower than previously expected due to poor weather.
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.
London pre-open: Stocks seen higher; NatWest in focus
London stocks were set to rise at the open on Friday despite mixed performances in the US and Asia, as investors mulled results from the likes of NatWest and IMI.
Friday newspaper round-up: Stellantis, John Lewis, FRC
Rachel Reeves is expected to reveal a £20bn hole in government spending for essential public services on Monday, paving the way for potential tax rises in the autumn budget. Labour sources said the blame lay with the Tory government, describing it as a “shocking inheritance” and accusing the former chancellor of “presiding over a black hole and still campaigning for tax cuts”. – Guardian.
KKR to buy Instructure Holdings in $4.8bn deal
Instructure Holdings said on Thursday that it has agreed to be bought by investment funds managed by KKR in a $4. 8bn cash deal.
FTSE 250 movers: Indivior surges on buyback; Centamin loses its shine
London’s FTSE 250 was down 0. 5% at 20,846. 66 in afternoon trade on Thursday.
FTSE 100 movers: Unilever rallies on results; Centrica slumps
London’s FTSE 100 was flat at 8,152. 18 in afternoon trade on Thursday.
FCA fines Coinbase £3.5m for money laundering failures
The Financial Conduct Authority said on Thursday that it has fined Coinbase just over £3. 5m for allowing high-risk customers to use its services.
Nestle cuts full-year sales outlook
Food giant Nestle slumped on Thursday after it cut its sales outlook for the year as pricing has come down "faster than expected".
Cineworld to cut hundreds of jobs in restructuring - report
Cineworld will reportedly unveil a sweeping overhaul this week that will cost hundreds of jobs and reduce its British footprint by at least a quarter.
Apollo nearing £2.7bn acquisition of Evri - report
Private equity firm Apollo Global Management is reportedly on the brink of a deal to buy UK parcel delivery firm Evri in a £2. 7bn deal.