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Latest News
08 Mar
saga cruises
Saga shares sink as JPMorgan warns of margin pressure

Shares in over-50s specialist Saga sank on Friday as JPMorgan Cazenove cut its stance on the stock to 'underweight' from 'neutral' and reduced the price target to 120p from 140p, arguing that competitive markets are adding to margin pressure and highlighting a weak balance sheet.

08 Mar
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7digital's chief commercial officer heads for the exit

7digital said on Friday that chief commercial officer Pete Downton was resigning from the board of directors and leaving the company.

08 Mar
Infrastrata taps John Wood as interim chairman

Natural gas storage business Infrastrata's chairman Graham Lyon stepped down from the group with immediate effect on Friday.

08 Mar
frozen food
Cost cutting offsets revenue drop for Norish

Norish on Friday reported an increase in annual profit as cost cutting measures more than offset the impact of lower revenue.

08 Mar
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US pre-open: Stocks seen lower after China trade data, ahead of payrolls

US stocks looked set to drop at the open on Friday as investors eyed the release of the latest non-farm payrolls report, with weak Chinese trade data likely to dent the mood.

08 Mar
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Indian financial crime regulator launches probe into Philip Morris

Indian financial crime agency the Enforcement Directorate has launched an investigation into tobacco giant Philip Morris and its local partner Godfrey Phillips for alleged violation of the nation's laws.

08 Mar
london canary wharf docklands
London midday: Stocks maintain losses as miners hit by China trade figures

London stocks were still weaker by midday on Friday, with miners under the cosh following the release of disappointing Chinese trade data, while weak German industrial figures also weighed, as investors eyed the release of the latest non-farm payrolls report.

08 Mar
Non-Standard Finance profits rise as all three divisions perform well

Doorstep lender Non-Standard Finance - whose £1. 3bn bid for larger rival Provident Financial has the backing of 50% of shareholders - said on Friday that full-year profit rose 12% amid strong growth in operating profit in all three of its divisions.

08 Mar
dans-son-livre-beige-la-fed-estime-que-l-economie-americaine-continue-de-progresser
Europe midday: Stocks down ahead of February non-farm payrolls

Stocks are holding lower, tracking losses on Wall Street and during Asian trading hours in China, amid a rash of poor economic news and ahead of the release of the key monthly US non-farm payrolls report.

08 Mar
acacia mining
Acacia in hot water over spillage

Acacia Mining has been warned by the Tanzanian government that if it does not stop waste water pollution from its North Mara mine by the end of the month it could be shut down.

08 Mar
china
Chinese exports tumble as trade war takes its toll

Chinese exports suffered their worst decline in three years in February as the trade war with the US took its toll, according to official data released on Friday.

08 Mar
london city workers jobs bank poultry
London open: Stocks drop as China trade data disappoints; GVC hit by share sale

London stocks fell in early trade on Friday following the release of disappointing Chinese trade and German industrial figures, as investors eyed the release of the latest non-farm payrolls report.

08 Mar
draghi-bce-fait-monter-l-euro-et-les-rendements-obligataires
Europe open: Stocks track losses in US and China amid poor economic data

Stocks have started the morning lower, tracking losses on Wall Street and during Asian trading hours in China, amid a rash of poor economic news.

08 Mar
Goals Soccer Centres finds errors in full-year results

Outdoor football centre operator Goals Soccer Centres has been attempting to rectify some accounting errors discovered in its latest full-year results.

08 Mar
PCF reports 'strong' trading

Specialist bank PCF's chief executive Scott Maybury told investors at the group's annual general meeting on Friday that trading in the first five months of the year had been "strong" and in line with management's expectations.

08 Mar
mining polymetal
Polymetal eyes investments in junior gold miners

Miner Polymetal International increased its gold equivalent reserves 15% in 2018 and said it may invest in junior exploration companies as well as its own near-term and greenfield projects.

08 Mar
gvc-holdings foxy
GVC tanks as chairman and CEO dump shares

Shares in sports betting and gaming group GVC Holdings tanked on Friday as the company’s top brass significantly reduced their stakes, just days after the firm reported an "excellent start" to the year.

08 Mar
SIG surges as annual profits rise but H1 LFL sales seen weaker

FTSE 250 building materials company SIG reported a rise in full-year profit on Friday as its transformation started to bear fruit, but warned that like-for-like sales in the first half of 2019 are likely to continuing declining amid "challenging" trading conditions.

08 Mar
rpc plastic
RPC to recommend new offer from Berry Global

US plastics group Berry Global has made a cash offer of 793p per share for UK rival RPC Group, giving the company a value of £3. 34bn.

08 Mar
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German factory orders slump in January

German factory orders fell in January, according to figures released by Destatis on Friday.