Company News
Wednesday preview: Federal Reserve, global factory PMIs in focus
All eyes on Wednesday will be on the Federal Reserve as rate-setters in the U. S. announce their latest policy decision.
Director dealings: Bodycote director makes share purchase
Bodycote revealed on Tuesday that non-executive director Patrick Larmon had acquired 10,000 ordinary shares in the FTSE 250-listed heat treatment and thermal processing services provider.
Unbound unlikely to be able to publish results in near future
Hotter Shoes owner Unbound Group said on Friday that it's unlikely to be able to release its interim results by the end of the day, as required by stock market rules.
Odey Asset Management closing down
Odey Asset Management is closing down five months after accusations of sexual misconduct were made against founder Crispin Odey.
Strip Tinning on target to meet FY guidance
Specialist connection systems supplier Strip Tinning said on Tuesday that it expects to meet full-year guidance after an "improved" financial performance in the third quarter.
JetBlue Airways cuts full-year outlook
JetBlue Airways cut its full-year outlook on Tuesday, citing "staggering" weather-related delays.
Brand Architekts losses widen despite 40pc sales surge
Beauty and personal care group Brand Architekts reported full-year sales of £20. 1m in its final results on Tuesday, marking an impressive 41% increase year-on-year.
Sanctions still impacting Caspian Sunrise operations
Caspian Sunrise said in an operational update on Tuesday that while neither the UK nor the EU had imposed sanctions on oil produced in Kazakhstan and transported via the Russian pipeline network, sanctions on Russia were having a significant impact on its operations.
Real Good Food upbeat on returning to positive EBITDA
Cake decoration specialist Real Good Food reported a slow start to the year on Tuesday, as expected, but said it was now trading well as it entered its busy seasonal third quarter leading up to Christmas.
Acuity RM secures three-year contract with unnamed motor manufacturer
Risk management services provider Acuity RM said on Tuesday that it has secured a new contract win via its wholly-owned operating subsidiary.
Newmark reports progress across both divisions
Newmark Security reported substantial progress across both of its business segments in an update on Tuesday, with the last financial year culminating in its return to profitability.
TP ICAP revenue growth driven by energy and commodities markets
Financial services firm TP ICAP said on Tuesday that year-to-date revenues had risen, driven by a solid performance from energy and commodities markets.
CyanConnode secures Middle East and North Africa follow-on contract
Narrowband RF mesh networks designer CyanConnode has received a letter of award for a follow-on smart metering deployment in the Middle East and North Africa.
Serica Energy awarded Kyle block in UK licensing round
Serica Energy announced the award of a 100% interest in UK block 29/2a to its wholly-owned subsidiary Tailwind Energy Chinook on Tuesday as part of the UKCS 33rd Offshore Licensing Round.
Yellow Cake reports solid September quarter performance
Specialist uranium investor Yellow Cake described a solid performance for the September quarter on Tuesday, reporting that the uranium spot price experienced a notable increase of 31. 3% from $56 per pound on 30 June to $73. 50 on 30 September.
Vodafone to sell Spanish business to Zegona for up to €5bn
Vodafone said on Tuesday that it has agreed to sell its Spanish business to Zegona Communications for up to €5bn.
BHP approves further $4.9bn investment in Jansen potash project
BHP said on Tuesday that it has approved $4. 9bn of investment for stage two of the Jansen potash project in Saskatchewan, Canada.
Brooks Macdonald to axe 55 jobs in cost-cutting drive
Investment manager Brooks Macdonald said on Tuesday that it plans to axe around 55 roles as it looks to cut costs.
Velocys shares plunge as loan note funding falls through
Shares in sustainable fuels technology developer Velocys were plunging on Tuesday after it updated the market on its funding plans.
BP misses estimates with 27% rise in Q3 underlying profits
Oil titan BP has announced a new $1. 5bn share buyback after reporting an underlying replacement cost profit of $3. 3bn for the third quarter – but the bottom line came in well under market forecasts.