Company News
Director dealings: Made Tech CEO invests, AB Foods finance director pays tax bill
Made Tech Group was on the list of director buys on Wednesday, after its chief executive officer purchased almost 900,000 shares.
Simec Atlantis deploys substantially-upgraded turbine
Simec Atlantis Energy announced the successful deployment of 'Turbine 2' at the MeyGen site on Wednesday, marking a significant milestone in the company's ongoing efforts to enhance performance and reliability in tidal energy generation.
Redde Northgate shares slump despite record annual profit
Vehicle hire company Redde Northgate posted a strong rise in annual profit, driven by higher demand for vans.
Deepverge reports 'multiple approaches' from potential suitors
Deepverge updated the market on progress made in relation to the potential sale of its business units on Wednesday, as well as the current state of its operations.
Genedrive draws down £0.3m under equity prepayment facility
Molecular diagnostics company Genedrive announced the latest drawdown of £0. 3m under its £5m equity prepayment facility on Wednesday.
Leicester City FC to be fined for anti-competitive deal with JD Sports
The Competition and Markets Authority (CMA) issued a fine to Leicester City FC on Wednesday, after finding that the football club and retailer JD Sports had engaged in an arrangement that restricted competition in the sales of Leicester City-branded clothing, including replica kits.
Mattioli Woods revenue rises despite challenging market
Wealth and asset management specialist Mattioli Woods reported a 3% increase in revenue year-on-year in a trading update on Wednesday, driven by a 4% organic revenue growth.
Supreme hikes expectations after year of strong trading
Fast-moving consumer products specialist Supreme reported a 19% rise in revenue in its final results on Wednesday, to £155. 6m.
Crispin Odey investigated by City watchdog
The City regulator is investigating whether hedge fund manager Crispin Odey is a “fit and proper person” to work in financial services, it emerged on Wednesday.
Mineral & Financial upbeat on progress at Lagoa Salgada
Mineral & Financial Investments updated the market on the Lagoa Salgada Project in Portugal on Wednesday, after Ascendant Resources and Redcorp Empreedimentos Mineiros - the joint venture partners responsible for the project - announced the potential involvement of the UK Export Credit Agency (UKEF) in providing financial support.
Eurozone recovery losing steam as PMI data shows contraction
Eurozone manufacturing output fell in June, while services growth also weakened with total business activity going into contraction, according to final survey data released on Wednesday.
UK service sector loses momentum
The recovery in the UK service sector lost momentum in June, a closely-watched survey showed on Wednesday, as rising interest rates weighed on demand.
Legal & General confirms five-year targets
Legal & General Group reiterated its five-year growth targets on Wednesday, as it confirmed that recently introduced accountancy changes would not have any impact.
Numis reports weaker quarter amid challenging market
Numis described a challenging market backdrop across the investment banking industry in an update on Wednesday.
Quiz cautions over 'tough' trading conditions, shares slide
Quiz posted a jump in full-year profit and revenue on Wednesday but pointed to "tough" trading in the opening months of the new financial year, sending shares in the fashion retailer tumbling.
Shares slide as Sig warns on profits
Shares in Sig fell sharply in early trading on Monday, after the building materials specialist warned that full-year profits would come in at the lower end of expectations.
AO World reports jump in full-year earnings
Electricals retailer AO World reported a robust performance in its full-year results on Wednesday, as it made progress in its strategy to pivot the business towards profit and cash generation.
Topps Tiles reiterates full-year outlook on 'robust' third quarter
Topps Tiles reiterated its full-year guidance on Wednesday on the back of solid third-quarter trading.
Keller Group boosts full-year guidance
Keller Group upped its full-year earnings outlook on Wednesday, on the back of strong first half trading and a “robust” order book.