Company News
Director dealings: RS Group CEO invests, FRP Advisory CFO covers tax bill
RS Group was on the list of director buys on Friday, after its chief executive officer purchased almost £0. 12m worth of shares.
WH Ireland raises £5m in discounted placing, to stay loss-making until November
Broker and wealth manager WH Ireland tanked on Friday after a heavily discounted share placing in which it raised £5m, as it warned it will likely remain loss-making until at least November.
Eurozone sentiment falls again in July
Economic sentiment in the eurozone dropped for the third month in a row in July to 94. 5 from 95. 3, confirming recent surveys that the single-currency bloc faced a potential recession.
Tekmar renews existing facilities with Barclays
Offshore energy solutions specialist Tekmar announced the successful renewal of its existing banking facilities with Barclays Bank on Friday.
Invinity sells battery system for Western Australia microgrid
Energy storage technology specialist Invinity announced the sale of a 0. 2 MWh Invinity VS3 flow battery system to VSUN Energy - a wholly owned subsidiary of Australian Vanadium - on Friday.
AFC Energy inks joint venture with Speedy Hire
Hydrogen generator technology company AFC Energy announced on Friday that it has joined forces with Speedy Hire to introduce a dedicated hydrogen-powered generator plant hire business.
YouGov revenue comes in at lower end of guidance
Research and data specialist YouGov said in a full-year trading update on Friday that it had made significant progress across all of its geographies, as it continued to invest selectively in growth initiatives, aligning with its strategic goals.
B&M to retain Bobby Arora to end of 2026 period
B&M European Value Retail announced on Friday that it had reached an agreement to secure the commitment of group trading director Bobby Arora until at least March 2026.
Liontrust extends offer period for GAM
Liontrust Asset Management announced an extension of the offer period for its proposed acquisition of GAM on Friday.
Vanquis shares tumble as it swings to first-half loss
Shares in Vanquis Banking Group were plunging on Friday, after the company swung to losses in its first-half financial results.
IMI reports strong first-half growth
Engineering company IMI reported a 12% improvement in adjusted revenue in its first-half results on Friday, to £1. 08bn, while its operating profit recorded growth of 21% to £193m.
Summit Partners sells 20.8m Darktrace shares in placing
Darktrace fell on Friday after Summit Partners sold 20. 8m shares in the cyber security firm in a placing.
Intertek reports robust first-half growth
Testing and assurance provider Intertek reported robust first-half revenue growth, improved profit margins, and a higher return on invested capital on Friday.
BA owner IAG posts record first-half operating profit
British Airways and Iberia owner IAG posted a record first-half profit on Friday as it hailed a strong performance across the group.
Rightmove H1 profits, revenue grow despite tough backdrop
Property portal Rightmove backed its full-year expectations on Friday as it reported a jump in first-half profit as revenues saw their biggest increase in five years despite the challenging backdrop.
Unilever appoints Ian Meakins as chair designate
Consumer goods giant Unilever said on Friday that it has appointed Ian Meakins - who is currently chair of catering group Compass and Rexel - as a non-executive director and chair designate.
Standard Chartered unveils $1bn buyback as first-half profit beats estimates
Standard Chartered lifted annual guidance and launched a $1bn share buyback after first-half profits rose 20% on the back of soaring interest rates.
AstraZeneca posts strong first half despite Covid drug weakness
Pharmaceuticals giant AstraZeneca reported strong first-half growth on Friday, despite challenges related to the decline of Covid-19 medicines.
NatWest H1 profits beat expectations as Rose row rumbles on
UK bank NatWest on Friday reported better-than-expected interim profits only days after it was rocked by the resignation of chief executive Alison Rose over leaking of details of hard-right former political party leader Nigel Farage.