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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Media

FIVE at FIVE: Flutter buybacks; Rightmove rejection; UK growth prospects; FTSE 100 dips; Rentokil jumps

1. Flutter Entertainment jumps after unveiling $5bn share buyback

This came as the Betfair owner said its total addressable US market was set to grow to US$63 billion by 2030, one and a half times larger than initially forecast.

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2. Rightmove rejects third bid from Murdoch's 'frustrated' REA Group

Rightmove PLC (LSE:RMV) has rejected the third offer from Rupert Murdoch's REA Group, saying it "continues to be unattractive and materially undervalues the company and its future prospects".

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3. UK economy to grow faster than first thought this year - OECD

In its latest outlook, the Organisation for Economic Cooperation and Development (OECD) hiked expectations for UK economic growth in 2024 to 1.1% from 0.4% previously.

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4. FTSE 100 Live

Shell and BP weigh on FTSE 100 as oil drops.

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5. Rentokil jumps after director from Nelson Peltz's Trian joins board after profit warnings

Peltz's firm revealed it had taken a stake in the Anglo-US pest control group this June, when the shares were trading at around 415p, down around a third from the all-time highs seen around a year before that. Trian has revealed its stake is 2.26% of the total share capital.

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In the small-cap space:

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK