Investments & Savings
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London midday: Stocks in the black as sterling weakens
London stocks were still in the black by midday on Tuesday, helped along by a weaker pound. The FTSE 100 was up…
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Games firm Team17 delivers record profit in year of staying home
Video games developer and creative partner Team17 reported revenue growth of 34% in its unaudited final results on Tuesday, to £83m, underpinned…
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Computacenter hails record year as pandemic boosts demand
Computacenter reported record full-year profits on Tuesday, after the Covid-19 pandemic saw demand for technology and IT-related services soar. Revenues for the…
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Berenberg initiates coverage on B&M at ‘buy’
Analysts at Berenberg initiated coverage on discount retailer B&M at ‘buy’ on Tuesday, stating that the group had been and appeared set…
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Asia report: Markets finish firmer ahead of key Fed meeting
Bourses in Asia were higher across the board on Tuesday, as investors held their breath ahead of a key Fed meeting later…
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Close Brothers H1 operating profits tick up
Merchant banking group Close Brothers said on Tuesday that it had delivered a “strong performance” given the current trading environment, with operating…
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Jefferies upgrades AstraZeneca to ‘buy’, hikes price target
Jefferies upgraded its stance on shares of AstraZeneca to ‘buy’ from ‘hold’ on Tuesday saying the pharmaceuticals company’s impressive revenue and profit…
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Polypipe FY revenues slump amid Covid-19
Plastics company Polypipe said on Tuesday that full-year revenues had declined in 2020 on impacts felt from the Covid-19 pandemic. Polypipe said…
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Bakkavor maintains strong cash position as revenue, earnings fall
Fresh prepared food producer Bakkavor reported a 4.9% fall in group revenue in its full-year results on Tuesday, to £1.79bn, with demand…
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AJ Bell appoints Helena Morrissey as chair
Investment platform AJ Bell said on Tuesday that Baroness Helena Morrissey will be appointed chair of the company on 1 July. Morrissey,…
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