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Plant Health Care confident despite softer US market
Agricultural biological specialist Plant Health Care reported a slight growth in overall first-half revenue of 1% on Wednesday, to $5. 6m.
Coral Products trading in line with market expectations
Plastic products designer, manufacturer and supplier Coral Products said in a trading update on Wednesday that the start of the current financial year met market expectations.
OptiBiotix Health reports 'strong' progress in first half
Life sciences company OptiBiotix Health reported a “strong” first half of trading on Wednesday, as sales revenue soared 195% to £0. 35m.
Simec Atlantis Energy swings to first-half profit
Simec Atlantis Energy announced a profit before tax of £4. 5m for the first half of 2023 on Wednesday, marking a notable shift from the £8. 6m loss reported during the same period last year.
Asia report: Most markets rise on improved industrial data from China
Asia-Pacific markets ended mostly positively on Wednesday, rebounding from prior losses as investors digested fresh industrial data from China and inflation figures from Australia.
NCC optimistic about recovery after a challenging year
Cybersecurity group NCC said it expects a "period of considerable change" this year as it executes on its turnaround strategy after macro conditions held back revenue and profit growth in the 12 months to 31 May.
Liberum starts Centrica at ‘sell’
Liberum initiated coverage of British Gas owner Centrica on Wednesday with a ‘sell’ rating and 150p price target.
Liberum upgrades Wizz Air to 'hold' but uncertainty remains
Broker Liberum has raised its rating on low-cost airline Wizz Air from 'sell' to 'hold', saying the recent drop in the shares has balanced the risk and reward.
UK government green lights Rosebank oil field
The government has approved the development of Rosebank, the UK’s largest untapped oil field, sending shares in its operators higher.
Cryptos suffer on the prospect of a tougher Fed and stronger dollar
The cryptocurrency market remains under pressure. Bitcoin (BTC) is moderately declining and is just above $26,200, while Ethereum (ETH) is unable to regain $1,600.
Zinc Media makes substantial first-half progress
Television, brand and audio production specialist Zinc Media Group reported substantial first-half progress on Wednesday, with revenue growth of 68% year-on-year, bringing it to £18. 1m.
Saga sees FY profit ahead of market estimates
In its interim results on Wednesday, Saga said full-year underlying pre-tax profit was set to be ahead of market estimates, and that it has paused the proposed sale of its underwriting arm, as it announced the departure of its chief financial officer.
Golden Metal reveals promising findings at Garfield Project
Nevada-focussed minerals explorer Golden Metal Resources announced promising findings at its Garfield Project on Wednesday.
Reabold Resources upbeat on oil-based drilling approval
Oil and gas investor Reabold Resources has received approval from the Environmental Agency (EA) to use oil-based drilling fluids at the West Newton B-2 well, it announced on Wednesday.
TI Fluid Systems maintains guidance, unveils new regional structure
TI Fluid Systems updated the market on its trajectory on Wednesday as the automotive industry continued its shift towards electrification.
London open: Stocks flat as investors pause for breath
London stocks were flat in early trade on Wednesday as investors paused for breath after recent losses, with the prospect of higher-for-longer interest rates continuing to weigh on sentiment.
Bid target Pendragon reports solid H1 as AutoNation joins the fray
Bid target Pendragon on Wednesday reported an 10% increase in underlying first-half profits as it received yet another takeover offer – this time from US car retail giant AutoNation.
Europe open: Shares lower on rate jitters, German consumer confidence
European shares opened lower on Wednesday as worries over interest rates continued to unsettle investors, leading to a sharp fall on US markets overnight on the back of surging treasury yields.
Vanquis appoints HSBC veteran Dave Watts as new CFO
Vanquis Banking Group announced the appointment of Dave Watts as its new chief financial officer on Wednesday, set to commence in November.
Loan provider Amigo to wind down "in next few months"
Guarantor loans group Amigo has said that the orderly wind-down of the business is expected to happen "in the next few months", though it still remains open to any buyout offers from third parties.