AccorHotels, has delivered a 10.1% rise in like-for-like operating profits for 2017, helped by cost controls and strong demand most of its’ key regions. The figures were above company guidance and broker forecasts.
Dunelm Group saw its share price slump over 8% in mid-morning trading to 587.25 following a mixed set of interim results.
Shares in Fidessa Group rose sharply in early morning trading up over 29% to 3,585, on the back of advanced negotiations with Temenos over a potential acquisition.
US investment manager BlackRock has upgraded its outlook for US equities on the bases of robust earnings growth while also shifting to a neutral stance on the eurozone.
UK bookmaker William Hill has been ordered to pay £6.2m as a penalty for breaching anti-money laundering and social responsibility regulations.
HSBC has reported pre-tax profit of $17.2bn for 2017, compared with $7.1bn the year before but below the $19.7bn expected by analysts.
The energy watchdog Ofgem is to investigate UK gas and electricity supplier Iresa over its treatment of customers.
The UK should set up a state-backed investment bank to focus on small business lending in an effort to tackle poor productivity, an independent think tank has urged.
Balfour Beatty, has been awarded, in joint venture, a £1.4bn design, build, finance, operate and maintain contract for the 'Automated People Mover' at Los Angeles International Airport (LAX) by Los Angeles World Airports (LAWA).
Ripple founder Chris Larsen, tops the list with Forbes estimating his net worth at close to $20bn (this estimate was made last month). XRP - the token of Ripple, has fallen heavily since then but Larsen still holds his place.
US regulators have blocked the politically sensitive sale of the Chicago Stock Exchange (CHX) to a group led by China-based investors.
The history of stock market investing is an intriguing as it is murky. While some things have changed almost beyond recognition; other elements of investing are the same – notably flagrant disregard for regulation (in some quarters at least).
S&U, the motor finance and property bridging lender reports that group trading has strengthened.
Hogg Robinson shares soared in early morning trading on the back of acquisition and disposal news.
Qualcomm has rejected Broadcom’s revised $121bn (£186.8bn) buyout offer. However, the semi-conductor company has called for a meeting with Broadcom to discuss what it sees as the bid’s “serious deficiencies in value and certainty.”