Company News
Wednesday preview: UK CPI, Marks & Spencer in the spotlight
Investors' focus in the middle of the week would be on a reading for consumer prices in the UK in April.
Director dealings: Premier Foods non-exec sells, buys back shares
Premier Foods found itself on both sides of the ledger on Tuesday, after it disclosed a share sale and two purchases made by one of its non-executive directors.
Apple announces multibillion-dollar deal with Broadcom
Apple announced a new multi-year, multibillion-dollar agreement with Broadcom on Tuesday to deliver 5G radio frequency components.
Restaurant Group shareholders approve CEO's mammoth pay packet
Shareholders in Wagamama owner the Restaurant Group (TRG) narrowly voted in favour of approving its controversial executive remuneration package at its annual general meeting on Tuesday.
Kistos acquires Mime Petroleum in $110m deal
Hydrocarbon producer Kistos announced the successful acquisition of Mime Petroleum on Tuesday, in a deal ultimately worth around $111m.
Watkin Jones defers some pipeline assets in changing market
Watkin Jones reported a first-half performance in line with expectations on Tuesday, although it warned that the benefit of some of its pipeline assets would be deferred from the second half as it maintained a cautious outlook.
Accesso launches new 'Freedom' cloud-based product
Leisure, entertainment and hospitality technology specialist Accesso launched its new ‘Accesso Freedom’ product on Tuesday.
Epwin trading in line despite inflationary pressures
Energy-efficient and low-maintenance building products specialist Epwin Group described positive trading in an update on Tuesday, with current revenue running 3% higher than last year, which it said was already a strong performance.
Victorian Plumbing declares its first interim dividend
Specialist online bathroom retailer Victorian Plumbing declared its first interim dividend on Tuesday, on the back of a strong set of interim results.
Jefferies ups price target on Premier Foods
Jefferies has upped its price target on Premier Foods following a strong full-year performance.
Rolls-Royce abandons carbon capture plan - report
Rolls-Royce is reportedly abandoning part of its carbon capture operation as part of a streamlining of the engineering group under its new boss.
Lowe's cuts outlook on weaker DIY demand
American hardware retailer Lowe’s cut its full-year sales outlook on Tuesday on the back of weaker-than-expected DIY spending.
Shutterstock to buy Giphy from Meta for $53m
Shutterstock said on Tuesday that it has agreed to buy Giphy from Meta Platforms for $53m in cash.
TBC Bank buys remaining 49% of Payme for $55.7m
TBC Bank said it had agreed to buy the remaining 49% of Uzbekistan payments firm Payme in for $55. 7m in cash.
FD Technologies swings to loss before tax despite revenue growth
Analytics and data specialist FD Technologies reported a 12% improvement in revenue in its full-year results on Tuesday, to £296m.
Big Technologies maintains expectations after decent start to year
People-monitoring technology specialist Big Technologies said in an update on Tuesday that it was experiencing continuous revenue growth, with its performance in the first four months of 2023 meeting expectations.
Benchmark reports strong growth in first half
Aquaculture biotechnology company Benchmark reported a 25% rise in revenues in its first half on Tuesday, to £98. 9m.
Dowlais off to 'encouraging' start to the year
Dowlais Group reiterated it was on track to meet full-year expectations on Tuesday, after getting off to an "encouraging" start.
Avon Protection warns of lower revenue after missing first-half expectations
Avon Protection reported improved first-half profitability in its first half on Tuesday, although its revenue came in below expectations for the period as the firm warned of lower full-year revenue.
Bytes Technology Group reports solid full-year growth
Software, security and cloud service specialist Bytes Technology Group reported strong growth in its preliminary results on Tuesday, with gross invoiced income up 10. 1% at £1. 44bn.