Market Report
Countryside Properties operating profit, completions up amid strong demand
Housebuilder and regeneration partner Countryside Properties posted a rise in annual operating profit on Wednesday as revenue and completions grew amid strong demand.
United Utilities profit rises 10% in first half
United Utilities profit rose 10% in the first half as the water and waste management company increased revenue and cut costs.
Hammerson offloads stake in Strasbourg Place des Halles, United Utilities profit ahead in first half
London open.
London pre-open: Stocks to nudge up ahead of Autumn Budget
London stocks were set to nudge up at the open on Wednesday as investors eyed the Autumn Budget.
Wednesday newspaper round-up: Uber hack, Hinckley Point, LSE
Uber concealed a massive global breach of the personal information of 57 million customers and drivers in October 2016, failing to notify the individuals and regulators, the company acknowledged on Tuesday. Uber also confirmed it had paid the hackers responsible $100,000 to delete the data and keep the breach quiet, which was first reported by Bloomberg. – Guardian.
Hammerson sells Strasbourg's Place des Halles for £166m
Hammerson has sold its 64. 5% share of the Place des Halles shopping centre in Strasbourg, France for a total net vendor price of £258m, slightly above June's book value.
Wurst is not over for Devro, says Berenberg
A pioneer in the sausage casings market, Devro now faces major growth challenges, said analysts at Berenberg, beginning coverage of the stock with a 'sell' recommendation.
US close: Markets push higher on bullish chatter
Markets on Wall Street finished higher on Tuesday amid a 'bullish' call on stocks out of Goldman Sachs, and against a backdrop of supportive economic data.