Company News
Friday preview: US and euro area inflation data in focus
Investors' attention at the end of the quarter would be trained on the latest inflation prints due out in the US and euro area, especially the former.
Shares in H&M surge on strong trading
Shares in Hennes & Mauritz surged on Thursday, after the Swedish fashion giant posted above-forecast profits and said the third quarter had got off to a strong start.
Serco shares soar after profit upgrade amid demand for immigration services
UK government outsourcer Serco lifted annual guidance on Thursday after a strong first half, driven by higher demand for its immigration services.
B&M Q1 sales up 13.5% as shoppers hunt for bargains
B&M European Value Retail reported a 13. 5% rise to £1. 3bn in group first quarter revenue, in line with expectations, as consumers searched for bargains amid the cost of living crisis.
Baltic Classifieds posts jump in 1H profits and sales
Baltic Classifieds posted a sharp jump in profits for the first half of its financial year amid record revenues.
Boohoo hits out at Revolution share awards
Boohoo Group has criticised Revolution Beauty Group for granting free share options to its executive management team, just days after they were ousted and then immediately reinstated.
3i sees strong sales growth at Action
Dutch discounter Action is on track to deliver another strong quarter of profit growth, owner 3i Group said on Thursday.
Morgan Sindall lifts guidance as fit-out unit earnings surge
Construction group Morgan Sindall lifted annual guidance driven by a strong performance from its fit-out division in the first half.
Direct Line sees no material hit from claim underpayment redress
UK insurer Direct Line said rectifying unfair motor claim payments over a five-year period to 2022 would not have a "material financial impact" on this year's results.