London close: Stocks fall after better-than-expected US payrolls
10th Jan 2025 16:11
(Sharecast News) - London stocks ended the week lower, with investors reacting to a better-than-expected US nonfarm payrolls report during the afternoon.
Read moreLondon close: Stocks mixed as US jobless claims fall again
8th Jan 2025 15:01
(Sharecast News) - London's stock markets ended Wednesday on a mixed note, as investors digested another fall in jobless claims across the Atlantic, after some disappointing corporate news earlier in the session.
Read moreJP Morgan toasts European leisure sector
29th Nov 2024 09:37
(Sharecast News) - JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France's Accor and reiterating its 'overweight' rating on Marston's.
Read moreIHG to provide Chase credit cards to US loyalty members
25th Nov 2024 07:42
(Sharecast News) - Hotels group InterContinental has signed a new agreement with JPMorgan Chase Bank to launch new co-branded credit cards to its IHG One Rewards scheme members in the US.
Read moreLondon close: Stocks end turbulent week in the red
15th Nov 2024 15:21
(Sharecast News) - London stocks ended Friday in negative territory, weighed down by losses in pharmaceutical shares and a surprise slowdown in UK economic growth during the third quarter.
Read moreLondon close: Stocks mixed as government borrowing rises
22nd Oct 2024 15:23
(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.
Read moreInterContinental Hotels Q3 RevPAR rises 1.5%
22nd Oct 2024 07:56
(Sharecast News) - InterContinental Hotels Group reported a jump in third-quarter room revenue on Tuesday, as good business demand and strength in the US and EMEAA helped to offset a weaker performance in China.
Read moreTuesday preview: Investors await IHG update, central banker comments
21st Oct 2024 07:12
(Sharecast News) - A third-quarter trading update from InterContinental Hotels Group will take centre stage on Tuesday, with the corporate earnings and economic data calendars relatively quiet.
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreGoldman upgrades InterContinental Hotels, downgrades Whitbread
18th Sep 2024 13:29
(Sharecast News) - Goldman Sachs upgraded InterContinental Hotels to 'buy' from 'neutral' on Wednesday and cut Premier Inn owner Whitbread to 'neutral' from 'buy' as it reshuffled its European-listed hotel ratings.
Read moreLondon close: Stocks make small rebound from Monday's losses
6th Aug 2024 15:20
(Sharecast News) - London stocks ended Tuesday on a positive note, with key indices recouping some losses from the previous session's sharp selloff.
Read moreInterContinental sees RevPAR growth accelerate in Q2
6th Aug 2024 07:06
(Sharecast News) - Crowne Plaze, Regent and Holiday Inn owner InterContinental saw its bottom line shrink by 10% in the first half due to the planned reduction of its so-called System Fund surplus, though underlying profits improved by 12% due to solid margin improvements and an acceleration in RevPAR growth in the second quarter.
Read moreLondon close: Stocks manage a positive finish
18th Jun 2024 16:33
(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.
Read moreLondon close: Stocks rise as US payrolls come in weaker
3rd May 2024 16:52
(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Read moreIHG sees RevPAR growth slow in Q1
3rd May 2024 07:12
(Sharecast News) - Hotels giant InterContinental Hotels Group reported a substantial easing in revenue per available room (RevPAR) growth in the first quarter as weakness in the Americas and a big slowdown in China limited progress.
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