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Foxtons hails strong start to year as sales market improves
Foxtons hailed a strong start to the year on Thursday as the sales market improved and the London estate agent grew its market share.
Europe open: Shares shrug off Wall St to post gains; Sartorius slumps
European shares continued to rally on Thursday as investors shrugged off another weak session in the US overnight.
London open: Airlines, financial stocks provide a lift
London's FTSE 100 advanced on Thursday morning with strong gains from airline and financial stocks providing a big lift, as the index continues to recover from hitting a four-week low on Tuesday.
HSBC starts Haleon at 'buy'
HSBC initiated coverage of Haleon on Thursday with a ‘buy’ rating and 370p price target as it took a look at consumer health stocks, saying the company stands out for its portfolio strength, the quality of its execution and better potential for exploiting new growth avenues.
Hipgnosis shares surge after $1.4bn takeover offer by Concord Chorus
Shares in Hipgnosis Songs Fund rocketed by more than 30% on Thursday after the music rights investor said it had agreed a $1. 4bn takeover by US-based Concord Chorus, a music and theatrical rights firm.
Deliveroo posts positive quarterly growth
Deliveroo has reported a positive first-quarter performance in an update on Thursday, as it returned to order growth, alongside a notable increase in gross transaction value (GTV).
Dunelm shares hit by Q3 sales slowdown
Dunelm shares dropped 5% on Thursday after the homewares retailer reported a slowdown in sales growth in its third quarter due to "volatile" trading conditions.
BP cuts size of executive team, shakes up structure
BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.
Bridgepoint taps Ruth Prior as its next finance chief
Investment firm Bridgepoint announced the appointment of Ruth Prior as its new chief financial officer (CFO) and a director on Thursday, succeeding Adam Jones, who would step down later in the year.
Centamin production dips, reiterates 2024 cost and output guidance
Centamin reported a temporary slight decline in production and higher unit costs, but reaffirmed its full-year cost and output guidance.
Ferrexpo swings to FY loss on legal provision
Iron ore pellet maker Ferrexpo swung to a full-year loss as a $131million provision for a legal dispute involving its Ukrainian unit hit the bottom line.
AJ Bell upbeat on strong second-quarter performance
Investment platform AJ Bell reported a robust performance across its platform business and AJ Bell Investments in a second quarter update on Thursday.
Greencoat Renewables inks 10-year power purchase agreement
Greencoat Renewables announced the signing of a significant 10-year power purchase agreement (PPA) on Thursday, with Keppel DC REIT, for its Ballybane Phase 1 wind farm.
LBG Media reports decent full-year growth in tough market
Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7. 5% over the year to £67. 5m.
Vistry kicks off £100m share buyback programme
Vistry Group announced the start of its share buyback programme on Thursday, aimed at repurchasing up to £100m of its shares.
Segro reports robust rent roll growth in first quarter
Segro reported robust growth in its rent roll in a trading update for the March quarter on Thursday, driven by favourable occupier market dynamics.
Rentokil Initial reports more stable North America performance
Rentokil Initial reported revenue of £1. 27bn in a first quarter update on Thursday, making for a 0. 9% increase at actual exchange rates, while at constant exchange rates, revenue advanced 4. 9% to £1. 29b.
easyJet posts significant reduction in winter losses
Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.
National Grid raises underlying EPS guidance on accounting change
National Grid has lifted its profit guidance for the year to 31 March after an accounting change due to a tax relief change announced by the government.
DiscoverIE FY sales up 1%, sees earnings in line with guidance
Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.