London pre-open: Stocks to extend rally as Footsie eyes another record
UK stocks are expected to rise for the sixth straight day on Wednesday, with futures pointing to a third consecutive record for the FTSE 100.
Source: sharecast.com
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Lloyds Bank holds guidance as Q1 profit falls £28% on margin squeeze
Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
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Berenberg ups target price on Microlise following FY results
Over at Berenberg, analysts hiked their target price on software firm Microlise Group from 170.0p to 210.0p on Wednesday after the company published its in-line full-year results earlier in the month.
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London close: Stocks finish weaker after earlier gains
London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.
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BoE's Huw Pill says rate cuts still some way off
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
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AB Foods lifts FY outlook as interim profits jump
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
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Molten Ventures describes resilient full-year performance
Technology-focussed venture capital firm Molten Ventures reported a resilient portfolio performance in a full-year trading update on Tuesday, with the gross portfolio value (GPV) expected to reach £1.377bn.
Source: sharecast.com
US new home sales jump in March - Sharecast.com
New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.
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London pre-open: Strong gains expected ahead of busy week
UK stocks are expected to rise for the fourth straight day on Monday as investors shake off recent concerns about monetary policy tightening and geopolitics ahead of a busy week for economic data and corporate earnings.
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