Latest News
Octopus Renewables acquires 42MW solar farm near Dublin
Octopus Renewables Infrastructure Trust (ORIT) announced on Thursday that it has completed the acquisition of a 42MW solar farm near Dublin, expanding its ownership of Ireland’s largest solar complex.
Rathbones funds under management stable
Rathbones Group reported a stable level of funds under management and administration (FUMA) on Thursday, of £108. 8bn as at 30 September, marginally down from £108. 9bn at the end of June.
Europe open: Markets rangebound ahead of ECB decision
Europe's equity markets were rangebound on Thursday morning as investors refrained from taking on too much risk ahead of the European Central Bank's interest rate decision at lunchtime.
Ibstock delivers 'solid' Q3 performance
Building products manufacturer Ibstock said on Thursday that it had delivered "a solid performance" in the third quarter, with adjusted underlying earnings broadly in line with internal expectations.
Increased output, record prices drive strong growth for Centamin in third quarter
Egypt-focused gold miner Centamin reported a strong third-quarter performance, as operational improvements at the flagship Sukari mine lifted production while gold sales were bolstered by record prices.
Man Group Q3 outflows hit $5.5bn, AuM falls
Investment management group Man Group posted Q3 outflows of $5. 5bn on Thursday, worse than the $5. 1bn it had forecast, after one of its clients withdrew its funds in order to invest passively.
Rank Group reiterates outlook after strong first quarter
Gambling and gaming specialist Rank Group reiterated its full-year guidance on Thursday, after bumper first-quarter trading across its casino estate.
AJ Bell assets under administration reach record highs in FY24
Investment platform operator AJ Bell said on Thursday that assets under administration hit record highs in the year ended 30 September as both customer numbers and inflows grew.
London open: Stocks flat ahead of expected ECB rate cut
London stocks were flat in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank.
Funds under management hit fresh high at St James's Place
St James’s Place reported a jump in funds under management on Thursday, boosted by an improving macroeconomic environment.
Chemring flags strong trading performance
Chemring reported a strong trading performance for the year-to-date on Thursday, with its full-year outlook remaining in line with analyst expectations despite foreign exchange headwinds.
Deliveroo to hit top end of profit guidance as Q3 revenues rise
Deliveroo said it expects to hit the top end of full-year profit guidance after solid growth in both orders and order values in the third quarter, even as the number of active customers declined.
Mondi cites planned maintenance shuts as Q3 profit falls
Paper and packaging group Mondi said on Thursday that underlying core profit fell in the third quarter in "muted" trade, mainly due to more planned maintenance shuts.
London pre-open: Stocks seen up ahead of ECB policy announcement
London stocks were set to rise at the open on Thursday following a positive session on Wall Street, as investors eyed the latest policy announcement from the European Central Bank.
Chemring performing as expected, Rentokil holds full-year guidance
London open The FTSE 100 is expected to open 16 points higher on Thursday, having closed up 0. 97% on Wednesday at 8,329. 07.
Thursday newspaper round-up: Tesco, Post Office, Amazon, Stellantis
Tesco has struck a deal to buy enough solar power to run 144 of its large supermarkets, buying almost two-thirds of the entire electricity output from the Cleve Hill solar park in Kent. The £450m solar park is being built on farmland near Faversham by Quinbrook Infrastructure Partners, a London-based firm that invests in renewable and low-carbon energy in the US, UK and Australia. – Guardian.
Entain lifts full-year guidance on strong third quarter
Gambling and gaming group Entain boosted its full-year outlook on Thursday, after third-quarter numbers came in ahead of expectations.