Company News
Wednesday preview: Fed's Powell, Marks & Spencer in focus
Wednesday's session will see investors focus on central banks.
Uber hails strong third quarter, boosts outlook
Uber Technologies swung to a profit in the third quarter, the ride hailing and delivery app confirmed on Tuesday, on the back of strong demand.
Intelligent Ultrasound enters research deal with University of Dundee
Artificial intelligence software and simulation specialist Intelligent Ultrasound announced a research agreement with the University of Dundee on Tuesday to advance the development of AI-based tools for screening patients with liver disease.
Galileo reports progress at Shinganda drilling
Galileo Resources updated the market on its second-phase diamond drilling programme at the Shinganda copper-gold project in Zambia on Tuesday.
Harland & Wolff wins first contract for new Miami location
Harland & Wolff Group announced the successful award of a contract valued at $1. 5m for its newly established Miami office on Tuesday.
Futura Medical expands licensing agreement with M8 Pharmaceuticals
Sexual health-focused pharmaceutical company Futura Medical announced a significant expansion of its licensing agreement with M8 Pharmaceuticals on Tuesday.
Intercede wins several new contracts and renewals
Cybersecurity software company Intercede Group announced a series of significant contract and renewal orders on Tuesday.
Cerillion adds generative AI in product suite upgrade
Billing, charging and customer relationship management software specialist Cerillion announced a significant advancement in its flagship product suite, Cerillion 23. 2, on Tuesday.
PricewaterhouseCoopers to cut up to 600 jobs
Accounting giant PricewaterhouseCoopers will cut approximately 600 UK-based roles, a move that comes hot on the heels of similar moves by fellow "Big Four" firms KPMG and Deloitte.
DotDigital posts solid growth in full-year revenue
Customer experience software specialist DotDigital Group reported a 10% uplift in group revenue in its final results on Tuesday, reaching £69. 2m.
RS Group interim revenues decline
Industrial and electrical products distributor RS Group revealed on Tuesday that revenues had declined in the six months ended 30 September.
Direct Line gross written premiums grow in Q3
Insurance company Direct Line said on Tuesday that gross written premiums had grown in the three months ended 30 September, driven by premium rate increases and the commencement of its Motability partnership.
Vistry inks £819m mixed-tenure new homes deal
Housebuilder Vistry has signed a £819. 0m deal with Leaf Living and Sage Homes for the delivery of more than 2,900 mixed-tenure new homes.
Credit Suisse integration pushes UBS into the red
UBS Group posted a quarterly loss on Tuesday, after the cost of integrating Credit Suisse pushed it into the red.
XP Power raises £43.9m in placing, rejects bid approaches
XP Power surged on Tuesday after it raised £43. 9m in a placing and said it had received "a small number" of unsolicited expressions of interest which it has rejected.
Galliford Try awarded £87m of more work in Brent Cross development
UK construction group Galliford Try has won an £87m contract to expand its work at a build-to-rent development in London’s Brent Cross.
Foxtons buys lettings agency Ludlow Thompson for £10m
London estate agent Foxtons said on Tuesday that it has bought lettings agency Ludlow Thompson for £10m in cash.
Metro Bank daily flows returning to normal after capital injection
Metro Bank said in an update on Tuesday that its daily flows had returned to more normal ranges since it secured £325m in capital in early October.
Sirius sells German industrial park, buys London portfolio
Business and industrial property specialist Sirius Real Estate continued its asset recycling programme on Tuesday as it announced the disposal of an industrial park in Maintal, in Germany’s southwest Hesse region, for €40. 1m.
Hipgnosis appoints Robert Naylor as chairman
Music rights owner Hipgnosis said on Tuesday that it has appointed Robert Naylor as chairman of the board with immediate effect, replacing Andrew Sutch.