Company News
Thursday preview: US data, EasyJet in the spotlight
Investors' focus on Thursday would be on another raft of US economic data.
Director dealings: Audioboom board members buy into price rise, Volex chair takes bonus
Podcast producer and distributor Audioboom was among those on the list of director buys on Wednesday, after it made two disclosures.
Goldman Sachs falls short of Wall Street's lowered Q2 expectations
Goldman Sachs Group released its second-quarter earnings on Wednesday, becoming the only one of America’s six big banks to miss profit forecasts as it fell below the lowered expectations set by Wall Street analysts.
Tata to invest in UK gigavolt car battery factory
Jaguar Land Rover owner Tata Group is to invest £4bn to build an electric car battery gigafactory in the UK, te company said on Wednesday.
Ariana announces restart of construction at Tavsan
Ariana Resources updated the market on construction progress at the Tavsan Mine on Wednesday, announcing that construction activities had been given the green light to resume following a ruling by the Kütahya Administrative Court in favour of the operator, Zenit.
NWF Group buys Kent-based Geoff Boorman Fuels
Fuel, food and feed specialist NWF Group announced a fresh acquisition in its fuels division on Wednesday, acquiring the trade and assets of Geoff Boorman Fuels in its second fuels acquisition within the last year.
UK’s CMA provisionally clears Broadcom’s acquisition of VMware
The Competition and Markets Authority said on Wednesday that it has provisionally cleared chip maker Broadcom’s $69bn (£53. 4bn) proposed takeover of VMware.
National Grid sells 20% of gas unit to Macquarie consortium for £700m
National Grid has sold a further 20% of its UK National Gas transmission and metering business to the existing majority owners, a consortium of investors led by Macquarie Asset Management, for around £700m.
Skillcast reports positive first half of trading
Digital compliance content and technology provider Skillcast reported positive trading in a first-half update on Wednesday, saying it expected to report revenue of £5. 2m for the period, making for a 16% increase compared to the same period last year.
GENinCode inks partnership with DC's MedStar Health
Predictive generics specialist GENinCode announced a collaboration with MedStar Health on Wednesday - a prominent 10-hospital health system in the Washington, DC area of the United States.
MediaZest trading positively in second half
Audio-visual specialist MediaZest reported positive trading in an update on Wednesday.
Wagamama underpins strong Restaurant Group trading
Hospitality operator the Restaurant Group reported a strong first-half performance in an update on Wednesday, expressing confidence in delivering its medium-term plan.
Watkin Jones warns on profits, announces CEO departure
Build-to-rent specialist Watkin Jones tanked after it warned on profits and announced the departure of its chief executive.
Hargreaves Lansdown posts jump in Q4 net new business
Hargreaves Lansdown reported a jump in fourth-quarter net new business and assets under administration (AuA) on Wednesday, sending shares in the investment platform higher.
GPE secures option to redevelop St James's assets
Great Portland Estates announced on Wednesday that it has secured the option to redevelop French Railways House and 50 Jermyn Street in SW1 with the Crown Estate.
Antofagasta reports production improvement, lowers full-year guidance
Chile-focussed copper miner Antofagasta reported an increase in copper and gold production in its second quarter on Wednesday, but lowered its full-year guidance as a result of certain project delays.
Aviva issues guidance under new industry accounting standards
Insurance and financial services firm Aviva issued an update on Wednesday in a bid to reassure investors over the effects of the industry-wide adoption of IFRS 17 accounting standards.
Woodside Energy posts fall in Q2 revenues
Australian oil and gas producer Woodside Energy reported a fall in second-quarter sales due to weaker commodity prices and ongoing maintenance work, but held production guidance.
Rio Tinto warns of China-led slowdown as Q2 iron ore shipments slip
Anglo-Australian mining giant Rio Tinto warned of a broader global economic slowdown on Wednesday, driven by China’s stumbling recovery from the Covid pandemic, as it posted a slight fall in iron ore shipments for the second quarter.
Severn Trent trading in line ahead of new regulatory investment period
Severn Trent said in an update on Wednesday that its financial performance remained on track, meeting expectations, as it anticipated delivering a net reward of at least £50m in customer outcome delivery incentives (ODIs).