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Synairgen names Joseph Colliver as CFO
Drug discovery firm Synairgen revealed on Wednesday that it had tapped Joseph Colliver to take over as chief financial officer.
Iomart H1 revenues grow in 'period of continued momentum'
Cloud computing company Iomart said on Wednesday that H1 had been "a period of continued momentum" in the execution of its growth strategy, with both revenue and adjusted underlying earnings improving year-on-year.
Cambridge Cognition secures 'significant contract'
Digital solutions group Cambridge Cognition has secured a "significant contract" for a "sizeable" later-stage clinical trial, following a competitive tender.
Avingtrans wins 'safe nuclear waste' storage contracts
Critical components designer Avingtrans has secured two national contracts that aim to make "safe nuclear waste" for long-term storage of the UK's legacy of nuclear assets.
Telecom Plus 'comfortably on track' to double customer base
Utility services supplier Telecom Plus said on Wednesday that it was "comfortably on track" to double the size of its high-quality base after the six months ended 30 September.
DiscoverIE makes 'good financial and strategic progress' in H1
Industrial electronics manufacturer DiscoverIE said on Wednesday that it had made "good financial and strategic progress" and was on track to deliver full-year underlying earnings in line with recently upgraded expectations.
Acquisitions help drive top-line growth for Mitie Group
Facilities management company Mitie delivered solid top-line growth in the first half, helped by recent acquisitions, and said it expects to increase revenues by 17% over the full year.
London open: All eyes on U.S. inflation, geopolitics
Stocks in London were trading a tad higher on Wednesday ahead of the release of key inflation data in the U. S. later in the session.
Travis Perkins warns on profits, shares slide
Shares in Travis Perkins fell sharply on Wednesday, after the builders’ merchant warned that the slowdown in the construction sector would hit profits.
Europe open: Stocks inch higher, but LVMH sinks
European stocks were posting limited gains on Wednesday, as investors chose to play it safe following a recent strong rally – but French markets were feeling the brunt of weak earnings in the luxury sector.
Apax Global Alpha makes €16.6m investment in Bazooka Candy
Investment firm Apax Global Alpha has invested approximately €16. 6m into Bazooka Candy Brands on a look-through basis.
Qinetiq delivers 'strong' Q2 performance
Defence technology company Qinetiq delivered "a strong second quarter", resulting in improved organic revenue growth and operating profit margins in the first half.
London pre-open: Stocks set for flat start, US inflation data and Fedspeak ahead
Stocks in London were expected to start the session little changed ahead of the release of key inflation data in the U. S. later on Wednesday.
Endeavour Mining upbeat on Cote d'Ivoire drilling, FirstGroup to beat full-year expectations
London open The FTSE 100 is expected to open 17 points lower on Wednesday, having closed up 1. 82% on Tuesday at 7,628. 21.
Wednesday newspaper round-up: IMF, Currys', Mortgages
The International Monetary Fund has warned that a surge in oil prices caused by war in the Middle East could hobble the already ‘limping’ global economic recovery. The president of the World Bank, Ajay Banga, said the conflict was ‘an economic shock we don’t need’. Israel’s war with Hamas adds to turbulence on financial markets already convulsed by worries about ‘higher for longer’ interest rates. - Daily Mail.
Pagegroup expects annual profits to sink by a third
Recruitment firm Pagegroup said it expects full-year profits to drop by at least a third as a result of ongoing challenging conditions across Asia, the UK and US markets in the third quarter.
Endeavour Mining excited by latest drill results at Tanda-Iguela
Gold producer Endeavour Mining has said that it's about 70% of the way through planned drilling at its key Côte d’Ivoire project for 2023, but results so far have been promising.
Sector movers: Miners among best performers amid talk of possible China stimulus
Industrials Metals and Mining stocks lent their heft to Tuesday's advance on the FTSE 350, buoyed by a report that authorities in China were considering fresh fiscal stimulus.