Company News
Thursday preview: ECB, Shell in focus
Investors' attention on Thursday would be on the European Central Bank.
CMA to consult on changes offered by Amazon Marketplace
In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats third-party sellers using its Marketplace platform in the UK, it emerged on Wednesday.
Director dealings: Origin Enterprises, Aferian execs invest in shares
Origin Enterprises was among those disclosing a director purchase on Wednesday, after its chief executive officer picked up 20,000 shares.
Learning Technologies adjusts guidance after resilient first half
Digital learning and talent management technology provider Learning Technologies Group said in an update on Wednesday that, during the first half, revenue from continuing operations was expected to be at least £283m, up from £277. 8m in the same period of 2022.
LBG Media operations chief steps down permanently
Youth-focussed digital publisher LBG Media announced the resignation of its chief operating officer and director Arian Kalantari on Wednesday, effective immediately.
Lloyds Bank interim profits surge, but but debt provisions surprise market
Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.
Heathrow halves losses but cautious on outlook
Heathrow said on Wednesday that it halved its losses in the first half but struck a cautious note on the outlook for the second half, citing the cost-of-living crisis.
Boeing slips to Q2 loss but ramping up 737 production
Boeing beat analyst forecasts for the second quarter as commercial aircraft deliveries drove revenues on the back of increased production, although losses in the defence and space operations pushed the company into a loss.
GSK lifts full-year guidance after 'excellent' Q2
GSK lifted its full-year guidance on Wednesday after an "excellent" second quarter.
Deutsche Bank boosts bad loan provision, revenues jump
Deutsche Bank flagged a more uncertain macroeconomic outlook on Wednesday, after it boosted provisions for bad loans.
Shares in LVMH slip on disappointing sales
Shares in LVMH fell on Wednesday after the luxury goods giant's second-quarter numbers disappointed.
Pub chain Marston's hails 'good' demand as sales jump
Pub chain Marston’s reported a jump in sales on Wednesday as it hailed good levels of demand.
THG in advanced talks to buy City AM - report
THG is reportedly in advanced talks to buy London-based newspaper City AM.
Vimto maker Nichols back FY guidance as interim profits rise
Vimto maker Nichols backed its full-year expectations on Wednesday as it reported a rise in interim profit and revenue, hailing strong top-line growth across the business.
FDM flags weaker market backdrop
FDM Group reported a jump in half-term revenues on Wednesday, but warned that market conditions had deteriorated.
Breedon turns in robust first-half performance
Construction materials firm Breedon reported a robust first-half financial performance on Wednesday, with revenue rising 11% year-on-year to £742. 7m.
Motorpoint knuckles down as tough conditions continue
Used vehicle retailer Motorpoint said in an update on Wednesday that the challenging macroeconomic conditions experienced during the second half of the 2023 financial year had a negative impact on its growth and profitability.
Centamin holds guidance as H1 profits shine
Gold miner Centamin on Wednesday held annual guidance after a rise in first-half profits.
Rathbones posts mixed performance as it works on Invested combination
Investment manager Rathbones Group reported 2. 7% growth in total funds under management and administration (FUMA) in its interim results on Wednesday, reaching £60. 5bn, compared to £58. 9bn at the same point last year.
Primary Health Properties confident as earnings remain stable
Healthcare facilities investor Primary Health Properties (PHP) said in its interim results on Wednesday that its adjusted earnings per share remained unchanged year-on-year, at 3. 4p.