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PageGroup Shares News & Articles

Market report: Glencore hit by falling metal prices, outflows dog Standard Life Aberdeen

A seeming dialling down in the aggressive rhetoric between the US and China and the latter’s move to stabilise its currency helped restore some calm to the markets with the FTSE 100 trading 0.3% higher at 7.192.96 in early trading. Miner and commodities trader Glencore (GLEN) slips 1.9% to 226.95 after announcing that its half-yearly earnings fell by nearly a third, amid lower copper and ...

PageGroup crashes on guidance cut as trade wars, Hong Kong riots and Brexit jam the brakes on growth

Shares in recruitment firm PageGroup (PAGE) suffered their worst one-day fall since 2017 after the company warned that full year operating profits will be in the bottom half of the range of analyst forecasts. Despite a record second quarter, with 16 countries growing net fee income by more than 10%, the firm cautioned that weak macro-economic conditions meant operating income for the year to 31 ...

Market report: FTSE falters, Barratt bullish, recruiters struggle after Page warning

UK stocks open weaker on Wednesday with the FTSE 100 index of leading stocks drifting off by 0.2% to 7,522 due to softness in Beverages, Personal Goods, Tobacco and Utilities Housebuilder Barratt Developments (BDEV) delivers a positive trading update for the year to 30 June and forecasts annual pre-tax profit above the current market consensus of £884m thanks to a big improvement in operating ...

Recruiter Robert Walters bucks weak sector as trading firmer that first glance suggests

Shares in Robert Walters (RWA) seem to be bucking a weak recruitment sector in the wake of a negative note on Dutch firm Randstad from influential investment bank Goldman Sachs. While the share price has stayed flat at 600p, valuing Robert Walters at £456m, larger operators Hays (HAS) and PageGroup (PAGE) are both off by a couple of percent on Tuesday. In Robert Walters' favour is ...
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