Group 1 - Manchester United Plc has reduced its earnings guidance due to its exit from the UEFA Champions League and a decrease in broadcasting revenue [1] - The club now expects revenue to be between £635 million and £665 million for the year ending June 30, down from previous expectations of £650 million to £680 million [1] - Adjusted EBITDA guidance has also been lowered from a range of £140 million to £165 million to a range of £125 million to £150 million [1] Group 2 - In the quarter ending September, Manchester United reported a 9.3% increase in revenue to £157.1 million compared to the previous year, but a 1.3% decline in adjusted EBITDA to £23.3 million [1] - Commercial revenue for the quarter rose by 3.4% to £90.4 million year-over-year [1] - The club's ownership situation has been under scrutiny, with UK billionaire Jim Ratcliffe acquiring a 25% stake after a prolonged sale process [2]

Group 1 - Deutsche Bank has upgraded GSK's price target to 1,850p from 1,700p, indicating a positive outlook for the company [1] - GSK is ranked as a top pick in the pharmaceutical sector, alongside Novo and Novartis, while AstraZeneca, Roche, and Sanofi are considered less favorable options [1] - Berenberg predicts a strong finish for GSK in 2023, supported by the performance of its RSV vaccine Arexy [1] Group 2 - GSK announced the acquisition of Aiolos Bio for up to US$1.4 billion, which may enhance its portfolio and growth prospects [1] - GSK's shares eased slightly to 1,568p following the news [1]

Core Viewpoint - Argo Blockchain PLC experienced a significant drop in share price following a new equity round, indicating market reaction to capital raising efforts [1] Group 1: Equity Round - The company raised £7.8 million through an equity round, issuing new shares at 20.5p, which represents a 24% discount to the previous closing price [1] - The discount is only 1% when considering a volume-weighted 30-day average [1] - Proceeds from the equity placement will be allocated for working capital, debt repayment, and general corporate purposes [1] Group 2: Operational Update - In December, Argo Blockchain mined 155 bitcoins, reflecting a 4% increase month-on-month [1] - The company generated $6.6 million (£5.2 million) in revenue, which is a 25% increase month-on-month [1] - At the time of reporting, shares were trading at 22.75p [1]