Company News
Retail footfall tracks higher in April - BRC
Footfall jumped on UK high streets last month, industry data showed on Friday, despite the ongoing cost-of-living crisis and record inflation.
Friday preview: US jobs report, ECB forecasters survey in the spotlight
The financial market spotlight would be firmly on the US non-farm payrolls report at the end of the week.
Trainline reports recovery in profits, sales to pre-Covid levels
Trainline saw sales and profits recover to above their pre-Covid levels, driven by the rebound in UK Consumer and International Consumer net ticket sales.
Shell beats forecasts with $9.6bn profit
Shell beat forecasts to post a first quarter net profit of $9. 65bn (£7. 6bn), boosted by strong returns from its trading division and higher liquefied natural gas, which offset lower oil and gas prices.
Director dealings: Gym Group board buys in, LSE director's firm makes £1m sale
Fitness facility operator the Gym Group was in focus on Thursday afternoon, after it disclosed five different share purchases.
THG slumps as Bloomberg questions viability of Apollo takeover
Shares in THG slumped on Thursday after research from Bloomberg Intelligence suggested that the e-commerce company is unlikely to close a deal with US private equity firm Apollo Global Management seeing a profitable exit.
Alibaba international online shopping unit considers US listing - report
Alibaba’s international online shopping unit is reportedly exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.
Zoo Digital expands into Iberian market
Zoo Digital announced the expansion of its presence in Europe on Thursday, with the launch of facilities in Madrid and Valencia.
Moderna posts surprise first-quarter profit
Moderna reported above-forecast first-quarter numbers on Thursday, despite demand for its Covid-19 vaccine continuing to wane.
Agronomics announces £1m investment in Good Dog Food
Cellular agriculture investor Agronomics announced a £1m investment in Good Dog Food (GDF) on Thursday, as part of its seed financing round worth £3. 6m.
First Horizon tanks as TD Bank deal scrapped
First Horizon shares tumbled in pre-market trade on Thursday after it and Canada’s TD Bank mutually agreed to terminate their planned $13bn merger due to a lack of clarity on regulatory approval.
Caledonia Mining starts selling Blanket gold directly overseas
Caledonia Mining Corporation announced on Thursday that it has started selling gold produced from its Blanket Mine in Zimbabwe directly to a refiner outside the country.
Future Metals to start drilling at BC1 this month
Future Metals announced on Thursday that drilling would begin in mid-May at the untested embayment feature ‘BC1’, based on electromagnetic data that indicated a significant area of anomalism.
UK competition watchdog launches AI probe
The UK competition watchdog has launched a wide-ranging review of artificial intelligence, it was announced on Thursday.
Crimson Tide wins new contract, renews several more
Mobile workforce solutions specialist Crimson Tide announced a new contract win with an NHS trust on Thursday.
Revenue growing but costs increasing for Johnson Service Group
Textiles specialist Johnson Service Group reported a 22% increase in revenue in the first four months of the year on Thursday, compared to the same period in 2022, which was still impacted by Covid-19.
Seeing Machines reports continued royalty revenue growth
Driver monitoring technology developer Seeing Machines reported consistent growth in high-margin royalty revenue in its third quarter on Thursday, despite challenges faced by the automotive industry.
Union Jack Oil disposes of interest on Claymore Area royalty
UK-focussed onshore hydrocarbon producer, developer and explorer Union Jack Oil updated the market on the sale of its interest in the Claymore Area royalty agreement on Thursday.
Virgin Wines warns FY sales will be lower than expected
Virgin Wines warned on Thursday that full-year sales were set to be "slightly lower" than market expectations in light of recent trading.
Endeavour Mining on track after solid first quarter
Endeavour Mining said in a first-quarter update on Thursday that it was on track to meet its production and all-in sustaining costs (AISC) guidance for the year.