Company News
Thursday preview: ECB, Amazon in focus
The market spotlight on Thursday would be on the European Central Bank.
Firering kicks off second part of drilling campaign
Firering Strategic Minerals announced the start of the second part of its 5,000-metre auger drilling campaign on Wednesday at the Atex Lithium-Tantalum Project in Côte d’Ivoire.
Director dealings: Craneware chairman raises stake
Craneware revealed on Wednesday that chairman Will Whitehorn had acquired 1,600 ordinary shares in the AIM-listed software firm.
Frasers Group lifts stakes in Boohoo, Asos
Mike Ashley’s Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
CMA extends deadline for probe into Adobe's $20bn takeover of Figma
The Competition and Markets Authority said on Wednesday that it has extended the deadline to investigate Adobe’s $20bn takeover of private software firm Figma.
Aldermore said to have ditched plans to bid for Co-op Bank
Challenger bank Aldermore Group has reportedly ditched plans to bid for the Co-operative Bank after its owner's chief executive quit unexpectedly.
Creo Medical accelerating EU launch of Speedboat UltraSlim
Creo Medical Group announced the acceleration of its EU launch of the ‘Speedboat UltraSlim’ device by around 18 months on Wednesday.
Boeing narrows losses; cuts 737 Max delivery forecast
Boeing reported a narrowing of its third-quarter losses on Wednesday, as it cut its 737 Max aircraft delivery forecast due to production flaws.
Molecular Energies upbeat on its strategic shift
Molecular Energies updated the market on its ongoing activities on Wednesday, reporting significant developments in its Paraguay drilling project and a strategic pivot towards sustainable aviation fuel (SAF).
Hargreaves Services reports solid start to new financial year
Hargreaves Services said in an update on Wednesday that the services sector had a robust start to the year, as it boasted more than 60 term and framework contracts with clients.
Hilton hikes expectations after bumper third quarter
Hotel giant Hilton Worldwide surpassed third-quarter revenue expectations in its latest figures on Wednesday on the back of record-high lodging prices and increased occupancy rates, prompting an upward revision to its annual forecast.
Reckitt Benckiser unveils £1bn share buyback
Reckitt Benckiser unveiled plans to return £1bn to shareholders on Wednesday, as new chief executive Kris Licht laid out plans to boost revenues over the medium term.
Payments firm Worldline cuts annual forecast, shares dive
Shares in Worldline plunged on Wednesday, after the French payments specialist cut its full-year forecasts.
Franchise Brands maintains expectations as it integrates Pirtek
In a third-quarter update on Wednesday, multi-brand franchise operator Franchise Brands said that the B2B businesses, which focus on essential reactive services, including Metro Rod and Metro Plumb in the UK and Pirtek in eight European countries, all achieved record trading levels.
SkinBioTherapeutics launches new consumer study into acne
Life sciences company SkinBioTherapeutics said on Wednesday that it had begun a new consumer study into acne, with two new formulas set to be trialled in order to compare efficacy against "the most common skin condition".
Adani auditor facing inquiry by India’s accounting regulator - report
One of the Adani Group’s long-time auditors is reportedly being scrutinised by India’s accounting regulator.
Santander posts surge in net profits
Santander reported a surge in third-quarter net profits on Wednesday, boosted by higher interest rates.
Sales slump at Gucci owner Kering
Shares in Gucci owner Kering fell on Wednesday after it reported a decline in third-quarter revenue, citing softening demand.
Deutsche Bank tops forecasts, raises capital outlook
Shares in Deutsche Bank rallied in Frankfurt on Wednesday after the Germany banking giant beat third-quarter forecasts and raised its capital outlook.
IG Design sees 'significant growth' in profits
Stationery and gifts manufacturer IG Design Group said on Wednesday that it had seen "significant growth" in both profit and margins in the six months ended 30 September.