The American consumer grew a bit more confidence in October, the results of the most closely followed gauge for confidence across the country revealed. A preliminary reading for the University of Michigan‘s consumer confidence index in October improved to a reading of 81.2 after printing at 80.4 in September. Economists …
Read More »FTSE 250 movers: FirstGroup gives back some gains; Royal Mail rises
FirstGroup was in the red, having surged on Monday following a Sunday Telegraph report that its US operations have attracted interest from several major private equity firms. Housebuilder Vistry was weaker after it posted an 86% slump in first-half adjusted pre-tax profit as it was “significantly” by the Covid-19 lockdown …
Read More »FTSE 250 movers: PureTech drops, Royal Mail rises
London’s FTSE 250 was down 0.07% at 19,193.47 in afternoon trade on Thursday, with PureTech Health leading the index lower. John Laing was also under the cosh as it posted a slump in half-year pre-tax profit and reported £66m of writedowns on renewable energy assets in Australia due to industry …
Read More »FTSE 250 movers: Royal Mail rises, Senior slips
London’s FTSE 250 climbed 0.12% higher to 19,284.44 in afternoon trade on Thursday, with shares of Royal Mail leading the way higher. Stock in Greene King fizzed higher as the pub operator’s full-year profits came in ahead of expectations, although revenue was a small miss and the current year has …
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