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Latest News
18 Jul
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Domino's Pizza shares tank as Q2 sales underwhelm

Shares in Domino's Pizza tanked in pre-market trading on Thursday after the American takeaway pizza chain missed the mark with its quarterly sales figures and suspended its targets for store openings.

18 Jul
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Sequoia Economic Infrastructure refinances revolving credit facility

Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.

18 Jul
Nokia reports weakest quarterly sales in nine years

Nokia's stock was under heavy selling pressure on Thursday after the Finnish telecoms group posted its lowest quarterly net sales figure in nearly a decade and reported a big drop in profit as investments in 5G equipment waned.

18 Jul
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Banks must improve treatment of politicians - FCA

The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.

18 Jul
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Capital Limited reports solid first-half revenue growth

Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16. 6% year-on-year to $89. 2m, and first-half revenue up 9. 8% to $169. 4m.

18 Jul
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Octopus Renewables agrees sale of Swedish wind farm

Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.

18 Jul
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PensionBee announces expansion into US market

PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.

18 Jul
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Aldo Bisio steps down as CEO of Vodafone Italy

Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.

18 Jul
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London midday: Stocks stay up as Frasers surges; jobs data in focus

London stocks were still in the black by midday on Thursday as investors mulled the latest UK jobs data, with Frasers Group pacing the advance after well-received results.

18 Jul
Europe midday: Shares hold gains ahead of ECB rate call

European shares held gains at midday on Thursday as investors turned their attention towards an interest rate decision from the European Central Bank.

18 Jul
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Netcall delivers 'strong' FY24 performance as cloud uptake grows

Software firm Netcall said on Thursday that it had delivered a "strong" trading performance for the year ended 30 June, driven by increased uptake of its cloud offerings.

18 Jul
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Anglo American cuts coal guidance after Australia fire

Anglo American on Thursday held annual copper and iron ore production guidance unchanged after a second-quarter update, but cut steelmaking coal output forecasts after a fire at its Grosvenor mine in Australia last month.

18 Jul
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Dianomi warns on FY profits

Digital advertising firm Dianomi warned on Thursday that profits would be lower in FY24 as gross margins looked set to remain flat half-on-half.

18 Jul
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Berenberg downgrades Babcock to ‘hold’

Berenberg downgraded Babcock on Thursday to ‘hold’ from ‘buy’, pointing to the fact the shares have re-rated since it initiated coverage in 2022 and now adequately price in the benefits of the company’s strategic turnaround.

18 Jul
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Pollen Street takeover of Mattioli Woods on track

Pollen Street Capital’s acquisition of Mattioli Woods has taken another step towards completion, it was confirmed on Thursday.

18 Jul
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Good Energy strikes partnership with Ripple Energy

Renewable energy firm Good Energy said on Thursday that it has partnered with cooperative clean energy ownership outfit Ripple Energy to offer customers the option to own their portion of large-scale wind or solar projects.

18 Jul
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CPP EBITDA from continuing operations falls in H1

Insurance and financial services company CPP Group warned on Thursday that interim underlying earnings from continuing operations were expected to be lower year-on-year.

18 Jul
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Morgan Stanley upgrades Schroders, switches preference from DWS

Morgan Stanley lifted Schroders to ‘overweight’ from ‘equalweight’ on Thursday as it took a look at European asset managers and switched its preference from DWS.

18 Jul
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Portmeirion buoyed by strong US trading, shares jump

Shares in Portmeirion Group rallied on Thursday, after strong trading in the US saw the ceramics manufacturer reiterate full-year guidance.