Company News
Thursday preview: US inflation data, OPEC meeting in focus
All eyes on Thursday will be on the release of the Federal Reserve's preferred inflation gauge.
Director dealings: DSW CEO raises stake
DSW Capital revealed on Wednesday that chief executive James Dow had acquired 148,000 ordinary shares in the London-listed professional services network operator.
Halfords narrows full-year profit range, shares tumble
Halfords tumbled on Wednesday after the motoring and cycling products retailer narrowed its guidance range for annual profit as it highlighted a softening in demand for big-ticket discretionary categories.
US economy grows more than expected in Q3
The US economy grew more than initially estimated in the third quarter, according to data released on Wednesday by the Commerce Department.
Foot Locker Q3 beat lifts sporting goods stocks
Shares in sporting goods retail and manufacturing sectors across the US and Europe were rising on Wednesday after Foot Locker beat earnings expectations and guided to better-than-estimated sales in the pivotal fourth quarter.
Lloyds to give culture secretary notice of £1.2bn Telegraph loan repayment - report
Ministers will reportedly be given notice on Wednesday that the Barclay family is ready to repay a £1. 16bn loan to Lloyds Banking Group, paving the way for a public interest probe into the future ownership of The Daily Telegraph.
LifeSafe warns on Q4 profits as costs rise
Fire safety technology company LifeSafe reported a robust trading performance for the 11 months through November on Wednesday, although related increased costs led to it warning on fourth-quarter earnings.
Arkle Resources finishes initial prospecting at Aughrim
Arkle Resources has finished initial prospecting on the Aughrim block of licences, a recent addition to its portfolio, it announced on Wednesday.
RTC now optimistic over full-year prospects
RTC Group said in an update on Wednesday that its trading performance since June had remained consistent with the cautious confidence it expressed in its interim report.
Coral Products flags positive trading, announces new CEO
Plastics specialist Coral Products flagged positive earnings for the six months ended 31 October in an update on Wednesday.
Synectics wins £1m contract with UK financial institution
Security and surveillance systems specialist Synectics announced a substantial contract worth £1m with a major UK financial institution on Wednesday.
Benchmark confident after reporting year of decent growth
Aquaculture biotechnology company Benchmark reported a 7% increase in revenue from continuing operations in its full-year results on Wednesday, to £169. 5m.
Revenue and assets rise but profits slide for Impax
Impax Asset Management reported a 4. 8% increase in assets under management in its final results on Wednesday, to £37. 4bn.
Eurozone economic sentiment ticks higher
Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday.
LME wins lawsuit over cancellation of nickel trades
London’s High Court has ruled in favour of the London Metal Exchange (LME) in a lawsuit over its decision to cancel billions of dollars of nickel trades.
Equals extends deadline for possible offer from Madison Dearborn
Equals Group updated the market on its strategic review to explore various strategic options on Wednesday, which it first announced on 1 November.
Ethernity Networks shares bounce 200% after contract win
The share price for AIM-listed Ethernity Networks trebled on Wednesday after the Israel-based semiconductor group won a "significant" contract worth $800,000.
Food companies pushing up prices by more than costs - CMA
The competition watchdog has accused food companies of pushing up prices by more than costs, adding to inflation.
CVS trading as expected as it expands vet network
Veterinary service provider CVS Group said in an update on Wednesday that it saw a strong performance in line with expectations in the four months leading up to 31 October.
Deliveroo updates long-term target as it looks beyond food
Deliveroo updated its longer-term target for gross transaction value growth on Wednesday as it held its first in-person capital markets event.