Company News
Ryanair calls on EC to protect overflights from strikes
Budget airline Ryanair on Wednesday called on the European Commission to protect overflights from air traffic control strikes.
Advance Auto Parts tanks after cutting guidance
Advance Auto Parts tanked on Wednesday after the US car parts retailer slashed its quarterly dividend, cut its annual earnings guidance and posted weaker-than-expected first-quarter results.
B&M Value Retail shares surge on 2024 outlook
Shares in B&M surged on Wednesday after the discount retailer said it expected current adjusted core earnings to be higher as it posted a fall in annual profits, but reported almost £5bn in sales as customers sought food and goods bargains amid the cost-of-living crisis.
Director dealings: Diversified Energy board members invest, Reckitt CFOs cover tax bills
Reckitt Benckiser was at the top of the list of director sells on Wednesday, after both its outgoing and incoming finance chiefs offloaded large tranches of shares to cover tax liabilities.
Challenger Energy launches farm-out over Uruguay block
Caribbean and Americas oil and gas company Challenger Energy updated the market on its activities around the AREA OFF-1 block, offshore Uruguay on Wednesday, as it kicked off a farm-out process.
XLMedia extends Schneps Media deal for three years
Digital media company XLMedia announced a three-year extension of its partnership with Schneps Media on Wednesday, solidifying its commitment to expanding in North America and driving growth in sports betting and gaming revenues.
Serabi cash, earnings rise slightly in first quarter
Brazil-focussed gold miner and developer Serabi reported total first quarter production of 8,055 ounces on Wednesday.
Goldplat appoints COO, adds generators in South Africa
Goldplat updated the market on its management team, licence renewal in Ghana, and electricity supply in South Africa on Wednesday.
Scandal-hit CBI to recruit new president
The Confederation of British Industry is to appoint a new president, it was confirmed on Wednesday, as the scandal-hit lobby group looks to overhaul its governance ahead of a crucial members vote.
MP Evans announces several board and management changes
Palm oil producer MP Evans announced a number of changes to its board and senior management on Wednesday, in a bid to strengthen its leadership and ensure its continued success in the industry.
Impax profits decline as revenue remains stable
Impax Asset Management reported a rise in assets under management to £40. 1bn at the end of its first half on Wednesday, from £38bn a year earlier, and £35. 7bn in the second half of 2022, while its profits declined.
WH Smith FY expectations 'modestly' improved
Retailer WH Smith said on Wednesday that its expectations for the full year had improved "modestly" as it hailed continued strong momentum across its global travel business.
Prudential CFO James Turner resigns after conduct probe
Prudential said on Wednesday that chief financial officer James Turner has resigned due to an investigation into his conduct relating to "a recent recruitment situation".
German unemployment holds steady in May
The German unemployment rate held steady in May, official data showed on Wednesday, in line with expectations.
Soda ash producer WE Soda planning London IPO
WE Soda, the world’s largest producer of natural soda ash, said on Wednesday that it plans to apply to list on the London Stock Exchange.
Lecram withdraws takeover proposal for Purplebricks
Beleaguered estate agent Purplebricks said on Wednesday that shareholder Lecram Holdings has withdrawn its takeover proposal for the group.
Anglo American unveils latest management overhaul
Anglo American’s finance head is to retire, the miner confirmed on Wednesday, as it unveiled its latest senior management shake-up.
Robinson sells off surplus Chesterfield property
Plastic and paperboard packaging specialist Robinson has successfully completed the sale of a portion of its surplus property known as ‘Mill Lane’, located in Chesterfield, it announced on Wednesday.
Ofgem launches Drax probe, shares slide
The UK energy regulator has launched an investigation into Drax Group’s annual biomass profiling.
Bloomsbury posts record numbers on strong demand
Harry Potter publisher Bloomsbury Publishing reported a jump in profits on Wednesday, as the cost of living crisis saw people turn to reading.