Fixed Income in the News
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Wagamama owner Restaurant Group to raise £175m as losses widen
Wagamama owner The Restaurant Group said it aimed to raise £175m as it looked to bolster its balance sheet as it reported…
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Balfour Beatty ups buyback after profit drop
Balfour Beatty increased the size of its share buyback as the construction group reported a sharp drop in annual profit. Underlying profit…
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Record sector demand drives earnings growth at Tritax Big Box
Record demand for logistics space saw earnings per share at Tritax Big Box improve by 8% to 7.17p in 2020, it announced…
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Spirax-Sarco FY profit beats views after better-than-expected Q4
Spirax-Sarco Engineering reported a better-than-expected full-year profit on Wednesday, while revenues were in line after a stronger-than-anticipated fourth quarter. Adjusted pre-tax profit…
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Legal & General reports slight fall in annual profits
Legal & General reported flat annual operating profits as it set aside an extra £110m in Covid-19 insurance claims due to the…
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Just Eat to maintain investment after sales surge
Just Eat Takeaway.com said it would keep up its investment drive as the food delivery company reported surging sales and a wider…
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London pre-open: Stocks to fall as investors mull China inflation data
London stocks were set to fall at the open on Wednesday amid lingering concerns about inflation, as investors digest the latest reading…
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Wednesday newspaper round-up: Air passenger duty, Evans Cycles, M&S
Air passenger duty is set to be cut on domestic flights after the prime minister signalled his support for reform to bolster…
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Sector movers: Software finds a bid as rebound in bond yields pauses
Tuesday’s price action on the FTSE 350 was the mirror image of the prior session’s, with Leisure Goods and Software finding a…
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Wednesday preview: US and China CPI, Legal and General in focus
Against a backdrop of rising government bond yields, markets’ focus in the middle of the week will shift towards the inflation, with…
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