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Crest Nicholson soars on increased profit forecast

Shares in house and appartment builder Crest Nicholson (CRST) leapt 19% to 259p after the firm revealed that trading for the year to October had been better than expected and raised its earnings guidance.The company, whose...

03 November 2020
FTSE firms as US goes to the polls, Crest Nicholson surges on upgrade and dividend resumption

London's FTSE 100 extended yesterday's gains on Tuesday morning, continuing to recover from last week's sell-off. Investors braced themselves for the contentious US Presidential Election in which Democrat Joe Biden remains the...

03 November 2020
Ocado delivers another upgrade on record demand

Shares in online grocery delivery firm Ocado (OCDO) jumped 7.6% to £24.48 after it increased full year profit guidance for the second time in seven weeks thanks to record numbers of people signing up to its retail platform.Having...

02 November 2020
NatWest surprises with third quarter profit

Shares in high street lender NatWest (NWG) were top of the FTSE 100 leader board on Friday, rallying 5% to 123p after it reported an unexpected return to profit in the third quarter helped by lower bad loan provisions.The bank...

30 October 2020
UK stocks primed for fifth day of declines as Covid shakes investors; NatWest pleases

UK stocks fell again in opening trade on Friday, with the FTSE 100 set for its worst monthly loss since March, on fears that lockdowns to tackle surging coronavirus cases would disrupt a nascent economic recovery.The benchmark FTSE...

30 October 2020
BT confirms dividend restart but there's no hiding the value destruction

Telecoms group BT (BT.A) shot to the top of the FTSE 100 leader board in early trade on Thursday after nudging up full year profit guidance and, importantly, confirming plans to restart paying dividends next year.The latter news...

29 October 2020
Smith & Nephew reports strong recovery

Medical technology company Smith & Nephew (SN.) reported a significant recovery in the third-quarter to 26 September with revenues down 4.2% to $1.2 billion, compared with the 29.3% drop seen in Q2. The shares fell 0.7% to £13.75.US...

29 October 2020
WPP whacked by Covid but signs of improvement in third quarter

This year was supposed to be the year that advertising business WPP (WPP) moved from consolidating its position following the departure of founder Martin Sorrell to really getting back on a growth path.Unfortunately a global...

29 October 2020
Lloyds rallies on forecast-beating earnings

Shares in high-street stalwart Lloyds Banking Group (LLOY) gained 2.5% to 28.3p, continuing their recovery from five-year lows and eradicating some of their 55% year-to-date loss, after reporting a smaller than expected fall in...

29 October 2020
FTSE rebounds on better corporate earnings

UK stocks staged a tentative recovery after hitting six-month lows yesterday with the FTSE 100 index gaining 9 points or 0.2% to 5,592. Oil stocks and banks led the way after another round of company results.US futures pointed...

29 October 2020

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