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Hargreaves Lansdown pleased with recent performance in tough market
Hargreaves Lansdown updated the market on its trading for the four months ended 30 April on Wednesday, reporting net new business of £2. 9bn.
Lower volatility hits TP ICAP's Q1 revenues
Interdearler broker TP ICAP reported flat revenues for the three months to March 30 as "a weak market environment" hit its global broking division.
Retail woes hit British Land's annual results
Falling retail property values hit British Land last year as doubts increased about the future of bricks and mortar shopping in the UK.
Costs put the brakes on profits at Aston Martin
A strong appetite for luxury cars in China and the Americas drove first quarter revenues at posh marque Aston Martin, but higher expansion costs helped it skid to a loss for the period.
London open: Stocks nudge up as Trump softens stance; Tui rallies on results
London stocks nudged higher in early trade on Wednesday, taking their cue from positive sessions in the US and Asia as traders welcomed signs of a softening stance from US President Trump on trade relations with China.
Experian revenue rises as North America, EMEA/Asia Pacific perform well
Credit-checking company Experian said on Wednesday that full-year pre-tax profit nudged higher as revenue rose amid strong growth across all of its regions, particularly North America and EMEA/Asia Pacific.
Asia Pacific lifts Spirax-Sarco sales, profits in year to date
Valve maker Spirax-Sarco Engineering said organic sales growth in the first four months of 2019 had remained similar to levels in the second half of 2018.
Kingfisher maintains full-year guidance, first-half profit rises at Compass Group
London open The FTSE 100 is expected to open 33 points higher on Wednesday, having closed up 1. 09% at 7,241. 60 on Tuesday.
London pre-open: Stocks seen higher on positive US and Asian cues
London stocks were set to gain at the open on Wednesday, taking their cue from positive sessions in the US and Asia as traders welcomed signs of a softening stance in trade relations between the US and China.
Kingfisher sales rise in Q1 despite mixed results in France
DIY chain owner Kingfisher on Monday maintained full year guidance as it reported a 0. 8% rise in first quarter sales on a like-for-like basis.
Wednesday newspaper round-up: British Steel, payday lenders, McLaren, SLA
British Steel is seeking emergency funds from the government, blaming politicians’ failure to strike a Brexit deal for a crisis that leaves one of the UK’s last two steelworks – and 4,500 staff – facing an uncertain future. The company, which owns the Scunthorpe steelworks, is in rescue talks with its lenders over a £75m rescue package that is understood to be at risk of falling apart unless the government contributes. - Guardian.