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French Connection Group Shares News & Articles

Market report: Domino’s sours on overseas growing pains, Sirius surges on funding plan excitement

London’s FTSE 100 sheds 30 points to trade at 7,100.5, hit by the strong pound and its impact on the relative value of the overseas earnings generated by the blue chips. Sterling is strengthening on hopes that a (somewhat) revised offer from the EU at the 11th hour can smooth the passage of Theresa May’s Brexit deal through the House of Commons. Sentiment towards Domino’s Pizza ...

Market report: Lancashire warns, Schroder in talks with Lloyds and French Connection puts up sale sign

The FTSE 100 takes its cue from weak trading in Asia overnight and weakness in commodity markets to slip 0.2% to 7,303.55 early on. Non-life insurer Lancashire Holdings (LRE) expects to report a loss in the third quarter owing to an expected loss of $30m from claims within its marine portfolio. The company also says it expected further losses in the range of $25m to $45m from exposure to ...

Market report: Diageo on track despite currencies headwind while Aston Martin eyes £5bn IPO

International drinks maker Diageo (DGE) says the year has started well but goes on to warn that currency market volatility is hurting sales and profits. The maker of Guinness and Smirnoff vodka tells investors that it expects sales to be reduced by £175m this year and operating profits to fall by £45m directly because of FX fluctuations. Last year to 30 June 2018 the company posted £12.2bn ...
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