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Patisserie Holdings interim profit and revenue rise
Patisserie Holdings reported a rise in profits and revenue for the six months to the end of March, as it continues to focus on expansion.
Volatility resurgent on reports Trump requested Comey end Flynn investigation
US President Donald Trump asked former FBI director James Comey to drop an investigation into his ex-national security adviser Michael Flynn, according to a memo leaked to the New York Times.
Euro area CPI picks-up in April, as expected
The cost of living in the euro area picked up in April amid broad gains for inflation across all categories.
RBC Capital upgrades Rio Tinto to 'top pick'
RBC Capital Markets has upgraded Rio Tinto to 'top pick' from 'outperform', saying the stock is as inexpensive as it's been over the past five years following the recent pullback.
British Land NAV way ahead of forecasts after strong letting performance
British Land reported a stronger year-end net asset value than the market was expecting but despite its confident talk of generating better returns, investors got the wobbles over its talk of "uncertainty" and the reining back of speculative developments.
UK household finances remain squeezed by inflation
Household finances in the UK remain under the greatest pressure since mid-2014 amid rising inflation, according to a survey released on Wednesday.
Lloyds returned to private hands as government sells stake
The government has sold off its last few shares in Lloyds Banking Group, meaning the bank has been fully returned to private ownership.
London open: Stocks nudge lower ahead of jobs data
London stocks nudged lower in early trade as investors sifted through a raft of corporate news and awaited the release of UK unemployment data.
Brewin Dolphin reports on strong first half
Brewin Dolphin Holdings posted its interim management report for the half-year to 31 March on Wednesday, with the board describing it as “another strong period” of organic fund inflows as it continued to deliver against its strategic plan.
Workspace sells London offices at net initial yield of 3.1pc
Serviced office provider Workspace Group has sold one of its outer London business parks for a 75% premium to its book value.
Jefferies downgrades Hikma on generic Advair delays
Hikma Pharmaceuticals was under pressure on Wednesday as Jefferies downgraded the stock to 'underperform' from 'buy' and slashed the price target to 1,450p from 2,162p.
Tritax Big Box takes on Unilever centre in Doncaster
Real estate investment trust Tritax Big Box announced on Wednesday that it acquired a national distribution centre at Trax Park, Doncaster, which was currently and would continue to be operated by Unilever UK.
Countryside lifts profit expectations as social housing momentum builds
Countryside Properties expects full year profits to be ahead of market forecasts after a strong performance from its partnerships division and a refocus on the middle of the private housing market, with the average selling price for its houses falling 13% but group earnings more the doubling.
Foxtons first-quarter revenues drop 25%
Estate agency Foxtons reported a 25% drop in revenue for the first quarter as sales commissions slumped.
Acquisitions help boost Spectris as it nabs Imperial Brands chairman
Productivity-enhancing instrumentation and controls company Spectris updated the market on its trading for the period from 1 January to 30 April on Wednesday, with reported sales increasing by 22%.
Sophos operationally strong despite wider loss
End user and network security solutions provider Sophos Group issued its audited results for the year to 31 March on Wednesday, with reported billings growing 18. 2% to $632. 1m, or by 19. 9% at constant currency, with the board reporting “strong” momentum across all regions and products in both new business and renewals.
Bodycote revenue up 18%, FY outlook unchanged
Bodycote reported in-line trading for the first four months of the year, with revenues up in all divisions.
SSE lifts dividend ahead of expected tough year
Energy company SSE posted its preliminary results for the year to 31 March on Wednesday, with the board lifting its recommended full-year dividend by 2. 1% to 91. 3p while adjusted earnings per share were up 5. 2% at 125. 7p.
UBM trading in line, on track for full year
Trade publication and events group UBM has performed in line with management expectations and its outlook for the full year is unchanged.
Tullow Oil makes 'important' discovery in Kenya
Tullow Oil has made a new discovery at the Emekuya-1 well in Block 13T, Northern Kenya.