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Moneysupermarket

Moneysupermarket sees share price slide after growth warning

Moneysupermarket’s share price took a hiding today as the financial comparison site revealed that it expected earnings to be flat in 2018.

David Burrows
AA

Anglo American sees profits double in 2017

Mining group Anglo American reported a 45% rise in full-year profits on Thursday thanks to rising commodity prices, but some metrics missed analysts' forecasts and the shares fell

Neil Dennis
BAE

BAE shows improved earnings but expects flat 2018

UK defence company has BAE Systems has reported an 8% increase in annual earnings, in line with forecasts. The firm put the improved earnings numbers largely down to growing demand for its advanced precision kill weapon rockets.

David Burrows
centrica

Centrica to axe 4,000 jobs by 2020 as profits fall

Centrica, the British gas and electricity provider, announced 4,000 job cuts on Thursday as part of its cost efficiency programme after a set of weak annual financial results in 2017

Neil Dennis
BAT

BAT boosted by RAI acquisition in challenging market

British American Tobacco reports group revenue up 37.6%, with profit from operations up 39.1%, due to the acquisition of RAI, improved revenue from the NGP portfolio, pricing and a translational foreign exchange tailwind due to the relative weakness of sterling.

David Burrows
barclays

Barclays numbs news of 2017 loss with dividend promise

Barclays promise of a higher dividend policy on Thursday helped ensure a positive share price reaction, even after the UK bank reported a full-year net loss - hit by charges related to an asset sale and US tax reforms

Neil Dennis
serco

Serco reports lower 2017 profits in ‘difficult’ market

Serco, the government outsourcing group, reported lower full-year profits for 2017, hit by a "difficult" market that ultimately led to the collapse of rival Carillion earlier this year

Neil Dennis
Photo of Barclays logo

AM update: Barclays hit by £1.9bn loss, Centrica profits slump 17.4%, Asian shares slip

Japanese and Hong Kong shares were down overnight slipping -1.07% and -1.12% while the Shanghai Composite soared more than +2%.

Adrian Holliday
New York Stock Exchange

US update: Stocks fall after initial Fed minutes lift, Treasuries yields hit high note

The release of Federal Reserve minutes first fuelled Wall Street gains, before flaming out as the market drew to a close on Wednesday sending stocks lower for the second straight session.

Claire Hunte
Photo of old AA vans

PM update: AA shares skid 26%, UK productivity jumps, Unilever to quit UK?

Some relief for US investors today with the Dow powering back across the 25,000 threshold

Adrian Holliday
Broadcom

Broadcom cuts bid for rival chipmaker Qualcomm

Broadcom has cut its offer in the hostile takeover bid for rival chipmaker Qualcomm from $121bn to $117bn.

Richard Reed
VW

VW agrees 4.3% pay rise for 120,000 workers to end strikes

VW has agreed a 4.3% pay rise for its workers to end the first strikes at its factories in 14 years.

Richard Reed
Snap

Bad reviews of new app see Citi downgrade Snap to ‘sell’

Negative user reviews of Snap’s new app interface has prompted Citi to downgrade the stock to a ‘sell’. A review chart published by App Annie showed the number of 1-star ratings given to Snap rocketed from 28% to 86%

Richard Reed
Merck

Merck & Co snaps up Viralytics for $394m

US drug manufacturer Merck & Co has agreed to buy Australian biotech business Viralytics for $394m in order to expand its drug pipeline.

David Burrows
AA

Share price fall as AA revises down earnings forecast

The AA says it is likely to deliver lower-than-expected annual earnings as it prioritises investments in the business that CEO Simon Breakwell insists are vita” to the company’s long-term success.

David Burrows