Hospitality group InterContinental Hotels Group reported that it would return $500 million to shareholders via a special dividend and share consolidation.
Shares in Intu Properties climbed by 12.10% after it confirmed that it had received a revised indicative proposal for a cash offer of 215p per share.
Last week New York wobbled and the London market retreated to 7,000. European equities look fragile and emerging markets look tubercular. Is this the beginning of a global market correction or a bout of passing jitters? Victor Hill investigates.
Fast food delivery firm Domino’s Pizza increased sales across its system by 5.9% during the thirteen weeks ended 30th September.
AIM-listed touch technology specialist Zytronic saw its shares drop as lower margins and legal fees pushed down its full year profits.
FTSE 250 cyber-security firm Avast increased adjusted revenues for the third quarter by 7.2% to $209.8 million as growth from the first half continued.
The market is heading south, according to London Stone Securities founder Ranjeet Singh. But investors can take action to protect their portfolios by taking out ‘insurance’.
FTSE 250 IT infrastructure products specialist Softcat reported a 29.9% increase in revenues as it broke £1 billion in annual sales.
Shares in AIM-listed waste-to-hydrogen specialist PowerHouse Energy climbed by 12.09% to 0.48p after DNV GL certified the feasibility of its technology.
Shares in publisher Pearson rose by 3.28% to 844.20p despite booking flat revenues for the first nine months of the year.