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M&S buys main logistics services provider Gist
Marks and Spencer has announced the acquisition of its principal contract logistics provider, Gist, from BOG Group, for an initial £145m in cash.
Anglo American production starts to 'pick up' in Q2
Mining giant Anglo American said on Thursday that its production performance started to pick up in the second quarter, with operational momentum and the group's focus on asset resilience positioning it well for a "stronger second half".
Moneysupermarket H1 performance ahead of expectations
Moneysupermarket. com said on Thursday that its first-half performance was ahead of expectations, with a stronger return to growth in travel insurance and Travel than expected and "exceptional" trading in Money in the second quarter, driven by attractive banking products.
AJ Bell customer numbers jump, AUM fall in Q3
Investment platform AJ Bell reported a jump in third-quarter customer numbers on Thursday, but a drop in assets under administration (AUA) due to adverse market movements.
Qinetiq makes 'good start' to year
Engineering company Qinetiq said on Thursday that it has made "a good start" to the trading year, with a "strong" group operational performance.
Polymetal Q2 revenues fall as Russia sanctions continue to weigh
Anglo-Russian precious metals miner Polymetal reported a drop in second-quarter revenues on Thursday as it said sanctions against Russia have continued to impact sales.
Intermediate Capital AUM continues to grow in Q1
Private equity investment firm Intermediate Capital Group said on Thursday that assets under management had continued to grow in the first trading quarter of 2022.
Italian Prime Minister Mario Draghi resigns; FTSE MIB slides
Italian Prime Minister Mario Draghi has handed in his resignation after three of his coalition partners withdrew their support in a confidence vote on Wednesday, sending the country’s stock markets tumbling.
Dechra raises £180m in discounted placing for Piedmont deal
Dechra Pharmaceuticals slumped on Thursday after the animal drug maker raised around £180m in a discounted share placing for the acquisition of US-based Piedmont Animal Health.
Frasers lifts FY profit outlook despite 'challenging' backdrop
Frasers lifted its full-year profit outlook on Thursday despite a "challenging" backdrop.
London open: Stocks edge down ahead of ECB announcement
London stocks edged lower in early trade on Thursday as investors waded through an avalanche of corporate updates, mulled the latest borrowing figures and looked ahead to the latest policy announcement from the European Central Bank.
Bitcoin resists despite Musk selling 75% of Tesla's BTCs
Bitcoin trades below $23,000 on Thursday, after Wednesday's high above $24,000, as it tries to rebound from recent selling triggered by news that Tesla sold about 75% of its holdings of the virtual token.
3i Group's NAV grows in Q1
Private equity firm 3i Group said on Thursday that its net asset value had increased from 1,321. 0p to 1,406. 0p during the three months ended 30 June, with the company delivering a total return of 6. 6% over the period.
S4 Capital tumbles after profit warning
Media company S4 Capital warned on Thursday that it was now clear that both underlying earnings and its EBITDA margin would be below internal expectations for the first half of the year.
Brewin Dolphin total funds fall in third quarter
Brewin Dolphin posted a drop in third-quarter total funds on Thursday, highlighting ongoing volatility and a weak market performance.
Kelsian abandons pursuit of Go-Ahead
Australian bus and ferry services group Kelsian has abandoned its pursuit of London-listed transport operator Go-Ahead, pinning the blame on market volatility.
Volution FY earnings seen at top end of market expectations
Ventilation equipment manufacturer Volution said on Thursday that full-year earnings had come in at the top end of market expectations, with strong sales growth and margins maintained throughout the year.
M&S CFO Tonge leaving to take up new role at AB Foods
Marks & Spencer said on Thursday that chief financial officer Eoin Tonge will be leaving the retailer after just over two years to become finance director at Associated British Foods.
Britvic on track for full year as Q3 revenues rise
Drinks maker Britvic said on Thursday that it was on course to meet market expectations for the year as it posted a rise in third-quarter revenues.
Countryside Partnerships delivers 'solid' Q3 performance
Housebuilder Countryside Partnerships said on Thursday that it had delivered a "solid" third-quarter performance, with completions broadly unchanged from a year earlier at 817 homes.