India, Feb. 27 -- U.K. stocks are up in positive territory Thursday morning, outperforming peers, as investors react to a slew of earnings updates. Worries about global economic growth in the wake of fresh tariff threats by U.S. President Donald Trump limit market's upside a bit.
The benchmark FTSE 100 was up 19.60 points or 0.22% at 8,751.06f a few minutes ago.
Aerospace and defense major Rolls-Royce Holdings shares are soaring nearly 19% after the company reported 2024 operating profit of £2.46 billion, beating analyst expectations. Looking ahead, for fiscal 2025, the company now projects underlying operating profit of 2.7 billion pounds to 2.9 billion pounds, as well as free cash flow of 2.7 billion pounds to 2.9 billion pounds.
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