Company News
Thursday preview: UK and euro area PMIs, Jet2 in focus
Investors' attention on Thursday will be on a spate of survey results covering conditions in the manufacturing and services sectors in the UK and euro area during the month of November.
Government could sell NatWest shares to retail investors, chancellor says
The UK chancellor has announced plans to sell off part of the government's stake in high street lender NatWest to retail investors in the coming year.
Director dealings: Staffline chairman ups stake
Staffline revealed on Wednesday that a PCA of interim chairman Thomas Spain had acquired 2. 0m ordinary shares in the AIM-listed recruitment group.
Blackstone to buy UK software developer Civica
Asset manager Blackstone confirmed on Wednesday that it has agreed to buy software developer Civica from Partners Group for an undisclosed sum.
Plant Health Care lowers revenue forecasts amid deteriorating market
Plant Health Care said in a trading update on Wednesday that market conditions in the broader agriculture sector had deteriorated over the year, particularly in recent months, leading to a downgrade in its expectations.
Accrol hikes expectations after strong first half
Tissue conversion specialist Accrol reported a solid first-half performance in a trading update on Wednesday, having experienced continuous volume growth.
Science Group cautious amid tougher trading environment
Science Group said in a trading update on Wednesday that it was optimistic that its adjusted operating profit for 2023 would meet expectations.
Ariana Resources proceeding with Dokwe due diligence
Mineral explorer and developer Ariana Resources updated the market on the Dokwe Gold Project - a venture of Rockover Holdings - on Wednesday.
ICG to replace Hargreaves Lansdown in latest FTSE 100 reshuffle
Asset manager Intermediate Capital Group (ICG) is set to be added to London's top-tier equity index in the latest quarterly reshuffle, swapping places with sector peer Hargreaves Lansdown which will be demoted to the FTSE 250.
Victoria reports weaker first half, as expected
Flooring firm Victoria reported a first-half outcome on Wednesday that aligned closely with its expectations.
Idox ends year in line with expectations
Information management specialist Idox said in an update on Wednesday that, despite a backdrop of ongoing geopolitical and economic uncertainty, it traded in line with expectations for the financial year just ended.
Gateley flags resilient first-half performance
Professional services group Gateley said in a trading update on Wednesday that, despite facing a challenging market due to macroeconomic conditions, it managed a resilient performance in the half-year just ended.
Pan African hikes production guidance, makes progress at MTR
Mining company Pan African updated the market on group production on Wednesday and construction progress at its MTR Plant.
Culture secretary 'minded' to intervene in proposed Telegraph bid
The UK government is "minded" to intervene in the proposed takeover of Telegraph Media Group by the Abu Dhabi-backed RedBird IMI, it emerged on Wednesday.
Factory orders slump to lowest level since early 2021 - CBI
Manufacturing output fell sharply in November, industry data showed on Wednesday, as orders slid to their lowest level in nearly three years.
Victorian Plumbing upbeat for current year after profits jump
Victorian Plumbing said on Wednesday that the current year had got off to a strong start, despite a "volatile" consumer backdrop, as it posted a jump in annual profits.
TT Electronics warns on profits following machinery breakdown
Electronic components manufacturer TT Electronics warned on full-year profits on Wednesday as a machinery breakdown impacted production.
Molten Ventures halves first-half losses
Shares in Molten Ventures rose on Wednesday after the tech-focused venture capital firm reported a halving of first-half losses.
LXi REIT confirms potential sale of 66 Travelodge hotels
LXi REIT responded to press speculation on Wednesday, confirming that it was currently under offer and in solicitors’ hands regarding the potential sale of 66 Travelodge hotels.
CRH selling European lime business to SigmaRoc
CRH is raising $1. 1bn from the sale of its lime operations in Europe to AIM-quoted SigmaRoc, the building materials giant announced on Wednesday.