Cautious full year 2024 outlook sends shares lower in after market Flat to low single digit growth expected Prioritising cost reductions and transformation plans Shares in air freight and delivery giant FedEx (FDX:NYSE) dropped 3% in after hours trading after giving a disappointing outlook despite beating fourth quarter earnings estimates. …
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– Pre-tax profits hit £172 million from £48 million – Value of the portfolio has doubled in a year – Demand far exceeds supply meaning rents can keep rising The past year has been a transformational one for investor in mid-size industrial property Urban Logistics (SHED) resulting in pre-tax earnings …
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The UK software space could be in for an exciting year for companies joining public markets, claim analysts. ‘We think 2021 could be one the biggest years for UK software IPOs for a very long time’, said Rob Warensjo, one of the analysts on the Megabuyte research team. ‘Not only by …
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On the eve of the third quarter, investors again received good news from Astrazeneca. A final result from in-depth studies of its potential Covid-19 vaccine could be available by the end of this year, says the study’s chief investigator Andrew Pollard. His comments come days after the UK’s health authority, …
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The royal clerk threw Prince Andrew a blow and left him on the floor. Prince Andrew’s reputation as a resident mischief maker was a long-kept secret within the walls of Buckingham Palace. However, a recent report uncovered a number of his previous antics, all of which foreshadowed his troubled teenage …
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UK equity rallied strongly in early trade on Friday as investors welcome the removal of several key risks that have been hanging over the stock market, sparking the pound to post its biggest gain against the dollar in two and a half years, with £1 worth $1.34. The market now …
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