Bunzl PLC reported better-than-expected first-half margins and announced a £500 million share buyback, leading to positive broker reactions. Adjusted operating profit rose 8.9% to £440.6 million, surpassing forecasts, with revenue growth of 3.2% driven by North America. The company now expects full-year operating margins to remain flat at 7.6%, slightly upgrading previous guidance. However, brokers Jefferies and Panmure Liberum remain cautious due to valuation concerns, maintaining 'underperform' and 'sell' ratings respectively, as they see limited growth potential despite the buyback and improved results.
Finbold's AI-driven analysis forecasts Bitcoin's price by September 30, 2026, with mixed predictions ranging from a modest 1.37% increase to $79,674 to a 9.05% decline to $71,500. Among five AI models, ChatGPT-5.6 Sol is the most bullish, predicting ...
The S&P 500's top 10 companies now represent about 38% of the index, heavily concentrating investor exposure in a few mega-cap tech giants like Nvidia, Apple, and Microsoft. This concentration reduces diversification for investors relying solely on t...
88 Energy has maintained a 'buy' rating and a 19.8p price target from broker Cavendish, citing a potential 1,786% upside. The company is moving forward with its Namibian exploration by applying for the second renewal period of its PEL 93 joint ventur...
Ondine Biomedical's shares rose 14% following positive phase 3 trial results for its nasal photodisinfection technology, which reduced surgical site infections by an estimated 40% compared to standard care. The LANTERN study involved over 5,000 patie...
More than $30 million connected to the North Korean hacking group Lazarus Group was routed through Hyperliquid's HyperUnit service, according to a report by Arkham researcher Emmett Gallic on August 31. These funds were converted from Bitcoin to Ethe...
