Morningstar UK

Morningstar UK

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  • 2 days ago | morningstar.co.uk | Michael Hennessey

    (Alliance News) - Great Portland Estates PLC on Thursday said it has let the 16,830 square feet first floor of the wells&more office in Fitzrovia, central London. The London-based property company said the letting completes a "successful repositioning" of the building in W1, securing an average rent on the refurbished floors of GBP102 per square foot, 12% ahead of estimated rental value. Further, Great Portland Estates said the repositioning has increased the rental income of the space by 55%.

  • 2 days ago | morningstar.co.uk | Michael Hennessey

    (Alliance News) - Chemring Group PLC on Thursday said the Norwegian government has confirmed that its joint feasibility study with Chemring's Norwegian subsidiary will progress to its second phase. Chemring is a Hampshire, England-based provider of technology products and services to aerospace, defence and security markets.

  • 4 days ago | morningstar.co.uk | James Gard |Ollie Smith

    At 2%, the eurozone may already be close to its “terminal rate” after a succession of rate cuts, but in the UK this seems a long way off. While the European Central Bank has cut the key deposit rate in half from its 4% peak, in the UK rates are just one percentage point lower than the peak of 5.25%.

  • 4 days ago | morningstar.co.uk | Valerio Baselli

    To help investors find ETFs focused on international stocks, we’ve screened 152 ETFs in Morningstar’s Global Large-Cap Blend Equity category for those with either Gold or Silver Medalist Ratings. A Gold Rating means our analysts believe a fund has the greatest chance of outperforming its category over the long term, while a Silver Rating means they believe it will outperform its relevant performance benchmark and/or peer group.

  • 4 days ago | morningstar.co.uk | Michael Hennessey

    (Alliance News) - Carnival PLC & Corp shares jumped on Tuesday as it reported its highest-ever second quarter operating results, and said it expects to continue to take its results higher over time. Shares in the Miami, US-based cruise operator rose 13% to 1,742.06 pence each in London on Tuesday afternoon. In the three months to the end of May, Carnival reported net income of USD565 million, multiplied from USD92 million a year prior. Revenue rose 9.5% to USD6.33 billion from USD5.78 billion.

Morningstar UK journalists