Full List Of Stories
Wynnstay sees full year profit and EPS ahead of market expectations
Agricultural supplies group Wynnstay said on Thursday that it now expects pre-tax profit and earnings per share for the year to the end of October to be ahead of current market expectations.
FTSE 100 movers: Banks and housebuilders rally; Fresnillo hit by downgrade
London’s FTSE 100 was down 1. 1% to 6,976. 35 in afternoon trade on Thursday as the pound surged on renewed Brexit hopes.
RBC Capital ups Royal Mail to 'sector perform'
RBC Capital Markets upgraded Royal Mail to ‘sector perform’ from ‘underperform’ on Thursday, as it said the stock’s recent undeperformance moved the dividend per share risk/reward more in line with peers.
Morgan Stanley downgrades Fresnillo on Mexico uncertainty
Precious metals miner Fresnillo slumped on Thursday as Morgan Stanley cut its stance on the stock to ‘underweight’ from ‘equalweight’ and slashed the price target to 715p from 1,100p citing uncertainty about proposed mining legislation in Mexico.
London midday: Stocks extend losses as sterling surges on draft Brexit text
London stocks had fallen further into the red by midday on Thursday as the pound surged on reports that UK and European Union negotiators have agreed a draft text of post-Brexit ties.
Hornby losses narrow as it slams brakes on discounting
Model train set maker Hornby announced an end to its aggressive discounting on Thursday and the introduction of a profit share scheme for employees as it said losses narrowed in the first half of the year.
Mothercare blames negative press coverage as losses widen
Loses at Mothercare widened in the first half as the mother and child retailer said negative press coverage had hit sales in the UK, although the international business was showing signs of recovery.
Majestic Wine swings to loss; stockpiling ahead of Brexit
Wine seller Majestic Wine was under the cosh on Thursday after saying it swung to a loss in the first half and announcing plans to stockpile ahead of Brexit.
London open: Stocks in the red as Centrica tumbles
London stocks fell in early trade on Thursday, dragged lower by a trading update from Centrica and as investors digested news of more Brexit talks, with trading expected to be a little quieter than usual as Wall Street enjoys Thanksgiving.
Equiniti sees 2018 results at top end of market expectations
Technology and payments specialist Equiniti said on Thursday that 2018 results are likely to be at the upper end of market expectations following "encouraging" organic revenue momentum into the second half, with continuing revenue tailwinds.
Hill & Smith on track to meet FY expectations as revenues rise
Hill & Smith posted a jump in revenue on Thursday as it said full-year 2018 results should be in line with market expectations.
London pre-open: Stocks to edge lower amid Brexit caution
London stocks looked set to edge lower at the open on Thursday following a solid close the day before, with sentiment still fragile as the Brexit saga rumbles on and trading likely to be a little quieter than usual as US markets will be closed for Thanksgiving.
Thursday newspaper round-up: Berkeley Group, Amazon, Brexit, pensions, WTO
Bosses at the housebuilding firm Berkeley Group were accused of engaging in years of bribery with a partner at a major estate agent, according to papers filed in a pair of lawsuits brought against Berkeley by a former finance director in 2014 and 2015. The claim was among numerous “whistleblowing” allegations by Nicolas Simpkin, 49, who served on the board of the £2. 7bn turnover company from 2009 until he was fired in 2014. – Guardian.