Latest News
Disney named as most valuable media brand globally as ITV suffers
Walt Disney Co has come out on top in a list of the most valuable media brands in the world, according to research from Brand Finance.
Results round-up: Aviva, Morrisons, Old Mutual, Domino's Pizza
Insurer Aviva said it was making a £380m charge to account for the change in the Ogden rate – the discount on personal injury claim payouts – as it revealed full year operating profits up 12% to £3bn and said it would return cash to shareholders.
MXC Capital sees portfolio value fall in H1 of consolidation
Shares in MXC Capital were down more than 8% after it described its first-half as a period of consolidation, and as its portfolio value slipped lower.
32Red almost doubles dividend after record FY revenue, profit
Online-gaming operator 32Red has posted a record revenue and profit performance for its full year, and almost doubled its dividend for the period.
Broker tips: Admiral, Domino's Pizza, Cobham
JP Morgan Cazenove has upgraded Admiral to an 'overweight' recommendation to reflect the non-life insurer's strong growth potential recent share price weakness.
EQTEC raises £0.5m to help fund biomass project
EQTEC announced on Thursday that it raised £0. 49m before expenses through a placing of 7,461,538 new ordinary shares at a price of 6. 5p per share.
US import prices edge past forecasts in February
US import prices edged slightly higher last month as gains in the cost of non-fuel imports more than offset a drop in energy prices.
Ineos buys out Engie's UK shale gas interests
Private petrochemicals group Ineos has bought the 15 UK shale gas drilling licences from France's Engie for an undisclosed sum, as the future of fracking in the country remains up in the air.
Capital & Regional swings to FY loss, lifts dividend in 'strong' performance
Capital & Regional has swung to a full-year pre-tax loss but kicked out a higher dividend in what it billed as a strong performance.
Only one in 50 job applicants at Pret a Manger is British
High street sandwiches and coffee chain Pret a Manger only receives one job application from a British person in every 50 put forward, indicating the staffing struggles UK business could face from Brexit if the recent exodus of European Union nationals continues.
Weekly US jobless claims jump by 20,000
Initial US unemployment claims increased by 20,000 during the week ending on 4 March to reach 243,000.
Origin Enterprises buys agri-tech provider for up to £16.2m
Ireland-based agri-services group Origin Enterprises has bought Resterra Group, a provider of agri-technology services to primary producers, for up to £16. 2m.
UBS sees turnaround at Cobham, upgrades to 'Buy'
UBS upgraded its recommendation on shares of Cobham from 'Neutral' to 'Buy', hailing management's decision to address its excessively high gearing through a rights issue and 'self-help' initiatives as the "beginning of the turn-around".
Restore on a high as it integrates PHS
Office services provider Restore announced its unaudited results for the year to 31 December on Thursday, with revenue rising 41% to £129. 4m and EBITDA up 44% to £29. 3m, both on an adjusted basis for continuing operations.
ECB stays put on refi rate, interest rate corridor unchanged
The European Central Bank kept a steady hand on the tiller on Thursday, keeping all its main policy rates at their current settings.
Share Plc's FY pre-tax profit boosted by LSE partial-stake sale
Share Plc's stocks are up almost 2% a £2. 1m one-off net gain from the partial sale of shares in London Stock Exchange boosted its full-year pretax profit to £1. 0m, from £0. 9m a year earlier.
BAT's merger with Reynolds gains US antitrust approval
British American Tobacco's proposed €49. 4bn merger with rival Reynolds American has gained antitrust approval in the US.
Demand for smart plastics sees Symphony revenues rise
Smart plastics company Symphony Environmental Technologies announced its preliminary results for the year to 31 December on Thursday, with revenues increasing by 6. 8% to £6. 8m.
Cairn Homes surges ahead as construction activity increases
Irish housebuilder Cairn Homes announced its preliminary results for the twelve months to 31 December on Thursday, with total revenues of €40. 9m, surging from €3. 7m in 2015.
Credit Suisse lowers LFL forecasts for Domino's, cuts target price
Credit Suisse cut its target price on shares of Domino's Pizza to account for lower than expected growth in like-for-like sales in the UK and after the company decided to take control of its Scandinavian associates earlier than planned.