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Apax Global confirms chairman's retirement, kicks off buyback
Apax Global Alpha confirmed the retirement of Tim Breedon CBE from his position as chairman and director on Wednesday, effective 1 July.
Volex posts record full-year profits
Power and data transmission technology specialist Volex reported record profits in its preliminary results on Wednesday, with a 26. 3% increase in revenue to $912. 8m, up from $722. 8m year-on-year.
US pre-open: Small gains expected as Nvidia rebound continues
Stock futures on Wall Street were pointing to yet more gains for the S&P 500 and Nasdaq on Wednesday as the share price of Nvidia continues to rebound after last week's sell-off.
HSS Hire backs full-year earnings guidance
HSS Hire backed its full-year earnings guidance on Wednesday ahead of its annual general meeting.
Braveheart buys 1.93 million more Autins shares
Braveheart Investment Group announced the acquisition of an additional 1. 93 million shares in its portfolio company Autins Group on Wednesday.
Seeing Machines to miss profit targets, but signs major new deal with Caterpillar
Seeing Machines, the AIM-listed group that designs tech to improve transport safety, has announced that profits will be lower than market expectations as it unveiled a new five-year license renewal with mining giant Caterpillar.
Asia report: Markets higher despite rise in Aussie inflation
Markets in the Asia-Pacific region were mostly in the green on Wednesday, as chip stocks followed Nvidia’s rise on Wall Street overnight.
ProCook upbeat for coming year, shares spark
Shares in ProCook Group jumped on Wednesday, after the kitchenware brand flagged strong current trading and forecast an improvement in revenues.
Warpaint reports robust trading in first half
Cosmetics supplier Warpaint London, owner of the W7 and Technic brands, reported a robust trading performance ahead of its annual general meeting on Wednesday.
Nasdaq ends deal to transfer Nordic power unit to EEX
Nasdaq on Wednesday said it had cancelled plans to transfer its Nordic power trading and clearing business to the European Energy Exchange (EEX).
Jefferies double upgrades Future to ‘buy’, shares surge
Future surged on Wednesday as Jefferies upgraded the shares to ‘buy’ from ‘underperform’ and hiked the price target to 1,280p from 635p.
AO World full-year profits top guidance
Online electricals retailer AO World posted a surge in full-year profit on Wednesday, topping its own guidance range as its plan to pivot the business to focus on profit and cash generation bore fruit.
Revolution Beauty returns to profit
Revolution Beauty said on Wednesday that it has swung into the black, as it looked to move on from a turbulent period.
Marks Electrical reports record full-year revenue
Marks Electrical Group reported record full-year revenue of £114. 3m in its final results on Wednesday, marking a 16. 9% increase from £97. 8m in 2023, and a significant doubling of revenue since the £56m it recorded in 2021, the year prior to its listing.
Tandem Group on track to meet full-year expectations
Sports, leisure and mobility equipment specialist Tandem Group said in an update on Wednesday that it remained on track to meet market expectations for the year ending 31 December 2024.
Deliveroo said to have held takeover talks with Doordash, shares spark
Deliveroo shares sparked on Wednesday following a report that US meal delivery group Doordash flagged interest in a takeover of the UK company last month.
Costain JV wins £65m of work with Southern Water
Infrastructure group Costain announced on Wednesday that it's CMDP joint venture has won contracts worth £65m with Southern Water.
Checkit abandons pursuit of Crimson Tide
Checkit said on Wednesday that it does not plan to make a firm offer for rival Crimson Tide after it rejected an improved proposal earlier in the month.
London open: Stocks gain after US tech rally
London stocks rose in early trade on Wednesday, taking their cue from a tech rally on Wall Street, which saw the Nasdaq end 1. 3% higher.
PZ Cussons ends year as expected amid currency headwinds
PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.