Company News
WPP reportedly mulling sale of Kantar stake
Advertising agency conglomerate WPP is exploring options to divest its 40% stake in market research firm Kantar, it was reported on Wednesday, in a bid to raise capital and address a declining share price.
Broker tips: Wise Mark's Electrical, Intertek, Babcock
Analysts at Berenberg initiated coverage of software firm Wise with a 'buy' rating and a 1,140. 0p price target on Wednesday, stating the firm was "widening the moat".
Director dealings: Chariot CEO raises stake
Chariot revealed on Wednesday that chief executive Adonis Pouroulis had acquired 385,682 ordinary shares in the AIM-listed transitional energy company.
Sainsbury's shares slide on guidance hold, weak merchandise sales
Shares in Sainsbury's fell on Wednesday after a broadly-upbeat Christmas trading update did not include any upgrade to full-year forecasts despite like-for-like sales at the UK supermarket chain rising 7. 4% in the key trading period.
FTSE 250 movers: Direct Line slumps on financing report; Greggs rolls on
FTSE 250: 19,291. 94, -0. 01%.
Grifols threatens lawsuit against Gotham City over critical report
The row between Grifols and Gotham City Research intensified on Wednesday when the Spanish drug company said it would take legal action against the short-seller fund over a critical report that wiped billions from the firm's value on Tuesday.
Diversified responds to US well retirement and emissions concerns
Diversified Energy issued a response to a US congressional committee on Wednesday, after it was questioned on its well retirement and emissions practices in December.
Insurers Admiral, Direct Line tumble on premium financing woes
Insurers Admiral and Direct Line tumbled on Wednesday amid concerns of a potential clampdown on premium financing.
Advanced Medical Solutions ends year in line with expectations
Tissue healing technology developer Advanced Medical Solutions (AMS) said in a trading update on Wednesday that its full-year results for 2023 were expected to fall within its previously published guidance ranges.
Seeing Machines inks contracts with three vehicle manufacturers
Driver monitoring technology specialist Seeing Machines has secured contracts with three prominent commercial and bus manufacturers in Europe and the UK, it announced on Wednesday.
PetroTal reports solid fourth quarter production update
PetroTal said in an update on Wednesday that in the fourth quarter, it achieved an average daily production of 14,865 barrels of oil per day, with a yearly total of 14,248 daily barrels.
Light Science Technologies halves FY pre-tax losses
Technology solutions provider Light Science Technologies roughly halved pre-tax losses in the year ended 30 November as revenues rose and overheads were reduced and margins expanded.
ProCook reports sales rebound in key third quarter
Shares in ProCook gained on Wednesday after the kitchenware brand managed saw a sales rebound in the third quarter, its peak trading period.
Sosandar hails record quarter over festive period
Women’s fashion retailer Sosandar hailed a record quarter over the festive period on Wednesday, amid a strong performance across all channels.
Belvoir agrees all-share merger with Property Franchise Group
Belvoir Group and the Property Franchise Group announced a recommended all-share merger on Wednesday, to create a combined property franchise business.
Costain wins contract with Northumbrian Water, FY net cash ahead of expectations
Construction and engineering company Costain announced on Wednesday that it has been appointed by Northumbrian Water to shape, create and deliver its strategic infrastructure upgrade programme.
Totally gets one-year extension to NHS 111 contract
Healthcare service provider Totally announced the extension of a contract with NHS England on Wednesday.
1Spatial announces three new and expanded contracts
Location data software specialist 1Spatial announced its successful acquisition of several multi-year enterprise contracts on Wednesday, marking a significant step towards solidifying its position across key geographies and concluding the year on a positive note.
Marks Electrical tumbles after profit warning
Online electricals retailer Marks Electrical tumbled on Wednesday after a profit warning.
GSK's Nucala gets fresh approval in China
GSK announced on Wednesday that the China National Medical Products Administration (NMPA) has granted approval for ‘Nucala’, or mepolizumab, as an add-on maintenance treatment for severe eosinophilic asthma in adults and adolescents aged 12 years and older.