FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Imperial Brands announces new Chairman

Imperial Brands (LON:IMB) announced that Thérèse Esperdy, currently Senior Independent Director, will succeed Mark Williamson as Chairman, effective 1 January 2020. The Company announced in February that Mark would be..

National Grid announces President of the US business to step down

National Grid (LON:NG) has announced that it has agreed with Dean Seavers, US Executive Director, that for personal reasons, he will step down with immediate effect from his position as..

Imperial Brands Tobacco value creation model continues to produce high margin sales growth

Imperial Brands (LON:IMB) has announced its preliminary results for the year ended 30 September 2019. “2019 has been a challenging year with results below our expectations due to tough trading..

Associated British Foods announce final dividend for year ended 14 September 2019

Further to the announcement released earlier today by Associated British Foods (LON:ABF) of its final results for the year ended 14 September 2019, the Company has confirmed that, subject to..

International Consolidated Airlines Agreement for acquisition of Air Europa

International Consolidated Airlines Group (LON:IAG) and Globalia have announced that definitive transaction agreements have been signed under which IAG’s wholly owned subsidiary, IB OPCO Holding S.L. (“Iberia”), has agreed to..

BHP has approved US$44 million for Samarco funding

BHP (LON:BHP) has approved US$44 million for BHP Billiton Brasil Ltda’s share of funding for work related to the restart of one concentrator at Samarco Mineração S.A.’s operations at its..

CRH announce completion of Europe Distribution divestment

On 16 July 2019, CRH (LON:CRH) announced that it had reached agreement to divest of its Europe Distribution business for an Enterprise Value of €1.64 billion payable in cash. CRH..

Rentokil Initial announce the acquisition of Florida Pest Control

Rentokil Initial (LON:RTO) has announced the acquisition of Florida Pest Control – a high quality service provider for commercial and residential customers with 2018 revenues of $66m (£52m). It was..

Vodafone and Fairphone announce strategic partnership

Vodafone (LON:VOD) and Fairphone today announced a strategic partnership to offer the more ethical, reliable and sustainable Fairphone 3 to Vodafone retail customers in European markets including the UK, Germany,..

InterContinental Hotels Group hosting educational event on its business in Greater China

InterContinental Hotels Group (LON:IHG), NYSE:IHG (ADRs)) is today hosting an educational event in London on its business in Greater China for analysts and investors. There will be a live webcast..

DS Smith expect further good progress in the year

DS Smith (LON:SMDS) has issued a pre-close trading update in respect of the half year ending 31 October 2019. Trading update Industry and business trends have remained consistent with our..

Lloyds Banking Group COO Juan Colombas to Retire during Q3 2020

Lloyds Banking Group (LON:LLOY) has announced that its Chief Operating Officer, Juan Colombás, plans to retire from the Group in July 2020. Juan joined in 2011 as the Group’s Chief..

Smith & Newphew confident to increase 2019 revenue guidance again

Smith & Nephew (LON:SN, NYSE:SNN), the global medical technology business, announced its trading report for the third quarter ended 28 September 2019. Highlights Strong Q3 revenue growth, building on the..

BT Group remain on track to meet outlook for full year

BT Group (LON:BT.A) has announced its results for the half year to 30 September 2019. Key strategic developments: ·     Launched a host of new products for consumer and business segments, including..

Royal Dutch Shell announce interim dividend for Q3 2019

The Board of Royal Dutch Shell (LON:RDSA) announced an interim dividend in respect of the third quarter of 2019 of US$0.47 per A ordinary share and B ordinary share, equal..

Rio Tinto well positioned to sustain strong returns

Rio Tinto (LON:RIO) is well positioned to continue generating strong returns, building on a track record of $32 billion returned to shareholders since 2016, and the significant progress achieved in..

Lloyds Banking Group announce non-executive Board changes and succession plans

Lloyds Banking Group (LON:LLOY) has announced the appointment of two Non-Executive Directors, Sarah Legg and Catherine Woods. Sarah Legg, who will join the Board on 1 December 2019, was Group..

Royal Dutch Shell announces the next tranche of the share buyback programme

Royal Dutch Shell (LON:RDSA) has announced the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the..

International Consolidated Airlines expects 2019 operating profit to be €215 million lower than 2018 pro forma

International Consolidated Airlines (LON:IAG) presented Group consolidated results for the nine months to September 30, 2019. IAG period highlights on results: ·      Third quarter operating profit €1,425 million before exceptional items..

Standard Chartered 16% increase in underlying profits in the third quarter

Standard Chartered (LON:STAN) released its results for the third quarter ended 30 September 2019. All figures are presented on an underlying basis and comparisons are made to the third quarter..

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