IMI lifts FY EPS guidance as Q3 trading remains resilient
Engineering firm IMI lifted its full‑year earnings guidance on Thursday, raising its adjusted EPS range to 137p-143p after a stronger‑than‑expected contribution from Truflo Marine ahead of its disposal and firmer trading in its transport unit.
London open: Shell paces the gains after well-received results; ECB eyed
London stocks rose in early trade on Thursday, with Shell pacing the gains after well-received results, as investors mulled a policy announcement from the Federal Reserve, ahead of the European Central Bank's latest decision.
Shell Q3 profits boosted by record refining margins
Shell posted a near-doubling of its third-quarter profit on Thursday, driven by record refining margins, as it lifted its share buyback programme.
Whitbread says freeze to business rates to have ‘significant positive impact’
Premier Inn owner Whitbread welcomed Chancellor John Healey’s Autumn Budget on Thursday, saying the freeze to business rates and a "more reasonable" increase in wages were set to have "a significant positive impact" on its performance.
Lloyds on track to meet FY guidance as Q3 profits jump
Lloyds Banking Group said on Thursday that it was on track to meet full-year guidance as it posted a rise in third-quarter pre-tax profit and net income that met analysts’ expectations.
IMI lifts FY earnings guidance, Lloyds says FY guidance on track after Q3 profit jump
LONDON PRE-OPEN The FTSE 100 was expected to open 38. 2 points higher ahead of the bell on Thursday, after wrapping up the previous session 0. 07% stronger at 10,694. 50.
London pre-open: Stocks to rise ahead of ECB announcement
London stocks were set to rise at the open on Thursday as investors continued to mull the Autumn Budget, along with the Federal Reserve’s decision to leave rates unchanged, as expected.
Thursday newspaper round-up: Thames Water, Toblerone, Rolls-Royce
A group of creditors to troubled Thames Water are poised to vote on whether to grant an emergency £2. 4bn loan to keep the company afloat, as campaigners raise concerns it could add £40 to each household’s bills in interest alone. A consortium of creditors, called London & Valley Water, will vote on Thursday on whether to increase a funding facility for the debt-laden utility company to £5. 4bn to keep it operating to autumn 2027. – Guardian.