Latest News
Kitwave hikes first-half dividend despite weaker earnings
Kitwave Group reported an 8% increase in first-half revenue on Tuesday, to £297m for the six months ended 30 April, compared to £275m for the same period last year.
US pre-open: Futures lower ahead of Powell's ECB speech
Wall Street futures were in the red ahead of the bell on Tuesday as market participants looked ahead to a speech from Federal Reserve chairman Jerome Powell.
Central Asia Metals releases tailings storage compliance document
Central Asia Metals released a public disclosure document concerning the management of tailings storage facilities (TSFs) at its Sasa zinc-lead mine in North Macedonia on Tuesday.
hVIVO secures biggest field study contract to date
Specialist contract research organisation hVIVO announced its engagement in a phase 2b field study for an influenza drug candidate on Tuesday.
London midday: Stocks stay down; Sainsbury's under the cosh
London stocks were still in the red by midday on Tuesday as investors mulled eurozone inflation data and looked ahead to US jobs numbers.
Jefferies predicts turning point for Sainsbury's after Q1 slowdown
Jefferies has reiterated a 'buy' rating on J Sainsbury after the supermarket chain's trading update on Tuesday, predicting a recovery in top-line performance after a first-quarter sales slowdown disappointed the market.
Impact Healthcare sells five non-core care homes
Impact Healthcare announced the sale of five non-core care homes for £8. 8m on Tuesday, in line with their latest valuation as of 31 March.
Amaroq Minerals agrees $35m in new credit facilities
Amaroq Minerals announced an agreement in principle with Landsbankinn for $35m in three revolving credit facilities on Tuesday, making for a significant increase and extension of its current debt arrangements.
JPMorgan adds National Grid to 'analyst focus list'
JPMorgan Cazenove added National Grid to its ‘analyst focus list’ on Tuesday, saying the company is well positioned to benefit from value-accretive networks growth at an attractive valuation, and with questions around the balance sheet answered after a £7bn equity raise.
Craneware links with Microsoft to develop AI-powered healthcare tech
Healthcare software group Craneware announced a new deal with Microsoft that will see the UK company's Trisus platform made on the Azure marketplace.
Asia report: Markets mixed after Wall Street tech surge
Asia-Pacific markets finished with a mixed performance on Tuesday, diverging from Wall Street's tech-fuelled rally that saw the Nasdaq Composite reach a new record high.
RBC Capital Markets hikes target price on Bunzl
Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600. 0p to 2,700. 0p on Tuesday following the company's Q2 trading update.
Eurozone price pressures ease but core inflation unchanged
Inflation across the eurozone slowed slightly in June, according to preliminary estimates published on Tuesday by Eurostat, while the region's unemployment rate held steady.
Capita renews contract to administer Royal Mail statutory pension
Capita announced the renewal of its contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme (RMSPS) on Tuesday, for an additional six years from 2026.
Shoe Zone warns on profits, cites higher shipping costs and bad weather
Shoe Zone warned on profits on Tuesday as it said it was hit by rising shipping costs and bad weather.
BATM surges on cybersecurity contract
BATM surged on Tuesday after signing a strategic partnership and cooperation agreement with "a significant global technology, engineering and defence group" to deliver its advanced cybersecurity solution to commercial markets.
Devolver raises £7.9m via share placing
Video games publisher Devolver has successfully raised approximately £7. 9m via a placing of 23. 9m shares.
Checkit inks 'significant expansion' to contract with UK client
Monitoring platform operator Checkit has secured a "significant expansion" with an existing UK-based customer.
Sainsbury's shares fall on Q1 sales slowdown
Sainsbury's shares were in the red on Tuesday despite the supermarket reporting a "market-beating" grocery performance in its first quarter, as like-for-like group sales growth slowing dramatically on the back of declines in general merchandise and at Argos.
Revolut FY revenues surge, working on UK banking licence
Neobank and fintech group Revolut posted a sharp increase in annual revenues on Tuesday as it continues to work towards obtaining a UK banking licence.