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Canaccord Genuity raises target price on Wickes
Analysts at Canaccord Genuity raised their target price on home improvement retailer Wickes from 180. 0p to 198. 0p on Wednesday as a "resilient" Q4 performance drove an upgrade to FY24 adjusted pre-tax profits.
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Pennon announces £490m rights issue to support investment
Pennon Group announced a fully underwritten £490m rights issue to support its investment programme through to 2030 on Wednesday.
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Virgin Wines confident after solid Christmas period
Virgin Wines reported strong Christmas trading in an update on Wednesday, with revenue rising 6. 7% year-on-year in the six weeks ended 27 December.
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Capita secures renewal of £89m Gas Safe Register contract
Outsourcer Capita said on Wednesday that it has been re-selected by the Health and Safety Executive (HSE) to continue to manage the Gas Safe Register.
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Naked Wines backs 'solid' Christmas despite revenue slide
Naked Wines said on Wednesday that trading remained on track following a "solid" performance over the key festive season.
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Ceres Power has 'record year' in FY24
Clean energy technology firm Ceres Power said on Wednesday that it had a "record year" in 2024, with strong commercial, strategic and technological momentum.
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ASML posts sharp increase in Q4 net bookings
Dutch semiconductor firm ASML posted a sharp increase in Q4 net bookings on Wednesday, with both sales and profits coming in ahead of expectations.
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NewRiver delivers upbeat outlook after Capital & Regional takeover
Retail-focused real estate investor NewRiver REIT said it had a successful third quarter, with December's takeover of Capital & Regional underpinning a positive outlook for the business.
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United Utilities accepts Ofwat final determination, will invest £13bn
United Utilities said on Tuesday that it has accepted the UK water regulator's final determination for the next regulatory period, committing to a £13bn investment programme over the five years to March 2030.
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FDM shares drop as CEO warns of further market uncertainty
FDM's share price hit a record low on Wednesday after the IT consultancy pointed to further market uncertainty and lower-than-expected results in 2025 following a 23% slump in revenues last year.
Europe open: Shares shrug off tech woes to hit fresh record; ASML sparks
European markets hit yet another record at the open on Wednesday with ASML in focus as the Dutch semiconductor equipment maker reported better than expected fourth-quarter results amid fears that China’s DeepSeek could undercut the big US players in the artificial intelligence race.
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London open: FTSE nudges lower ahead of Fed announcement
London stocks nudged lower in early trade on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve.
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Fresnillo gross profits double as metal prices jump
Precious metals miner Fresnillo met guidance with silver output in 2024 and marginally beat expectations with gold production, with full-year profits more than doubling as costs fell and commodity prices jumped.
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WH Smith hails strong momentum in travel arm as revenues rise
WH Smith posted a 4% jump in revenue for the 21 weeks to 25 January on Wednesday as it hailed strong momentum in the travel business, while high street sales fell as expected.
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Greencoat cuts NAV, generation forecasts
Windfarm investor Greencoat UK Wind on Wednesday cut long-term generation and net asset value forecasts after a revision to energy yield estimates across its portfolio.
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AJ Bell posts record AuA for platforms business
AJ Bell said on Wednesday that assets under administration (AuA) in its platform business hit a record in the first quarter as customer numbers grew.
German consumer sentiment weakens in January - GfK
German consumer sentiment weakened in January, according to a widely-read survey published on Wednesday.
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London pre-open: Stocks seen up as investors eye Fed policy announcement
London stocks were set to edge higher in early trade on Wednesday following a positive close on Wall Street, as investors eyed the latest policy announcement from the Federal Reserve.
Raspberry Pi sees annual core earnings of at least $36m
Low-cost computer platform maker Raspberry Pi said it expected to make annual adjusted core earnings of at least $36m.
Dowlais agrees takeover terms with AAM, United Utilities accepts Final Determination
London open The FTSE 100 is expected to open 10 points lower on Wednesday, having closed up 0. 35% on Tuesday at 8,533. 87.