Zoopla, the residential property website group, topped the risers after agreeing to acquire utility price comparison site uSwitch for up to £190m. Zoopla said it expected the deal to be "significantly enhancing" to adjusted basic earnings per share in the first full financial year following completi
Read moreUncertainty surrounding US monetary policy and a raft of poorly-received corporate earnings kept the FTSE 100 flat on Thursday morning, with the index fluctuating at its lowest in three weeks. The FTSE 100 was up just 0.09% at 6,952.66 by midday, with RBS, IAG and Schroders limiting upside after dis
Read moreA quick reaction note from Bernstein on Royal Bank of Scotland praised a "strong beat" on operating expenses and lower restructuring costs than it expected, with its 'outperform' rating maintained and target price moved to 450p. Delivering its investment case, Bernstein said that once the restructur
Read moreNumis Securities said it continues to see RPS's shares as "good value" despite the consultancy group disappointing the market with a trading update on Thursday. The broker maintained a 'buy' rating but cut its target price for the stock from 310p to 285p. RPS, which helps clients develop energy res
Read moreUK stock markets picked up where they left off on Thursday, falling for the third straight day on the back of mostly worse-than-expected corporate earnings and hawkish comments from the Federal Reserve. The FTSE 100 was trading 0.43% lower at 6,916.69 early on, with heavyweights IAG, RBS and Schrode
Read moreShares in RPS Group dropped sharply on Thursday after the industrial consultancy outfit said it was feeling the impact of the continuing volatility in the oil and gas sector. The company also announced the £22.3m purchase of Norwegian project management and training company Metier Holding. RPS, whi
Read more** Consultancy firm RPS down c.9 pct, on course for biggest one-day drop in 2 yrs & at its lowest levels since early Feb ** "Slower than expected" start to yr at energy unit, its largest division ** Says volatility in oil & gas sector has been a "major issue" due to impact on clients'
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