Company News
Director dealings: FD Technologies CEO makes share purchase
FD Technologies revealed on Thursday that chief executive Seamus Keating had acquired 10,500 ordinary shares in the AIM-listed software firm.
Samsung confirms data breach involving UK customer details
Technology giant Samsung Electronics confirmed a data breach on Thursday that led to the unlawful acquisition of the personal contact information of some of its UK customers.
BofA trims Babcock price target, reiterates 'buy' rating
Bank of America Merrill Lynch reiterated its ‘buy’ rating on Babcock International on Thursday while trimming its price target.
CMA warns Wowcher over selling tactics
The regulator has called on online platform Wowcher to change its selling practices or face court action.
Gunsynd pays first tranche of Metals One farm-in
Gunsynd announced a significant step in its conditional farm-in agreement with Metals One on Thursday, which was first announced on 21 June 2022.
MaxCyte joins Alliance for mRNA Medicines
Cell engineering company MaxCyte announced its membership in the Alliance for mRNA Medicines (AMM) as a founding member on Thursday.
Craneware reports sustained financial performance
Healthcare software specialist Craneware reported sustained positive financial and operational performance in the new financial year on Thursday.
Restore confident despite tougher trading conditions
Digital and information management specialist Restore described resilient trading in an update on Thursday, with growth in various segments of its operations.
Walmart sales top expectations, outlook less optimistic than hoped
Shares in Walmart were in the red on Thursday after the big-box retail giant provided a less optimistic outlook for 2023 than market consensus despite exceeding profit and sales expectations in the third quarter.
Marks Electrical reiterates full-year targets despite profits slide
Marks Electrical Group reported a fall in half-year profits on Thursday, despite stronger revenues, after higher costs weighed heavily.
Halfords said to be joining suitors for online retailer Wiggle
Halfords is reportedly joining a peloton of suitors for the stricken online retailer Wiggle.
Macy's beats Wall Street expectations in third quarter
American department store chain Macy’s topped Wall Street expectations for its third-quarter results on Thursday, primarily driven by inventory management and improved margins.
Friday preview: UK retail sales, central bank speakers in focus
Investors' focus at the weekend will remain on the UK with the monthly retail sales report due out before the start of the session.
Reverse takeover talks at Amigo called off
Talks about a potential reverse takeover of Amigo Holdings have failed, the ailing mid-cost lender confirmed on Thursday.
Royal Mail parent IDS sees first-half losses jump
International Distributions Services, the holding company of Royal Mail and GLS, saw losses more than double in the first half as lower parcel volumes and a pay settlement with workers dented the bottom line.
Ofgem launches review into energy bill standing charges
Energy regulator Ofgem announced a comprehensive review into standing charges on electricity and gas bills on Thursday.
Assura swings to IFRS loss despite rise in passing rent
Primary care property investor Assura reported a 2% improvement in its passing rent roll in its interim results on Thursday, to £146. 9m, with a weighted average unexpired lease term (WAULT) of 11 years.
Liontrust swings to statutory loss as assets under management slide
Liontrust Asset Management reported a 9% fall in first-half gross profit on Thursday, at £98. 6m.
Kier makes strong start to FY24
Construction group Kier said it had made a good start to the current financial year, trading above the prior period and in line with internal expectations.
Young's to buy City Pub Group in £162m deal
Young & Co’s Brewery said on Thursday that it has agreed to buy City Pub Group for around £162m.