Company News
Thursday preview: Global PMIs, Lloyds in focus
All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.
Director dealings: British American Tobacco non-executive director makes share purchase
British American Tobacco revealed on Wednesday that non-executive director Karen Guerra had acquired 4,150 ordinary shares in the FTSE 100-listed tobacco giant.
HSBC shares fall as earnings miss forecasts on China exposure
Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.
Bytes Technology CEO makes sudden exit after undisclosed share trades
Bytes Technology said on Wednesday that chief executive Neil Murphy has resigned with immediate effect, having made undisclosed trades in shares of the software, security, AI and cloud services firm.
BAE beats forecasts, sees 10% sales rise amid global tensions
BAE Systems reported better-than-expected full-year profits and said sales would grow further this year as the rise in geopolitical tensions drove increases in military spending by governments.
Corero enters strategic Latin America partnership
Corero Network Security announced a significant strategic partnership on Wednesday with TechEnabler, a prominent Brazilian network solutions distributor, aimed at bolstering its presence in the Latin American market.
Reddit to offer IPO shares to biggest users - report
Social media firm Reddit is reportedly planning to offer shares in its initial public offering to 75,000 of its biggest users when it hits the market next month.
TomCo raises £0.3m to bolster Greenfield's finances
US-based oil developer TomCo Energy announced a fundraise of £0. 3m on Wednesday, in a bid to bolster the finances of its Greenfield Energy subsidiary.
Gooch & Housego warns of ongoing sector challenges
Shares in photonic components and systems developer Gooch & Housego were sliding on Wednesday, as it reported ongoing challenges in the industrial and medical laser sectors despite growth in orders.
Croma Security posts solid set of interim numbers
Croma Security Solutions reported a solid set of interim results on Wednesday, with revenue rising 13% to £4. 26m.
Zinnwald Lithium announces big upgrade to mineral resource
Zinnwald Lithium released an updated mineral resource estimate (MRE) for its Zinnwald lithium project in Saxony, eastern Germany, on Wednesday, showcasing significant growth and potential for optimised project economics.
Cambridge Cognition inks strategic partnership with ActiGraph
Brain health specialist Cambridge Cognition announced a strategic partnership with ActiGraph, a provider of wearable technologies tailored for clinical trials, on Wednesday.
Feedback inks fresh deal with Medical Imaging Partnership
Feedback announced a significant development in its clinical infrastructure offerings on Wednesday, with radiology specialist Medical Imaging Partnership (MIP) agreeing to pilot Bleepa-CareLocker.
Aldi to create more than 5,000 new jobs
Aldi is to create more than 5,000 jobs in the UK this year, the German discounter announced on Wednesday.
Keystone Law FY revenues seen 'slightly ahead' of market expectations
Challenger law firm Keystone Law Group said on Wednesday that it had continued to trade well through the second half of the trading year, resulting in a "strong performance" for the year as a whole.
Saint-Gobain in talks to snap up CSR
Saint-Gobain is in advanced talks to acquire Australian rival CSR, the construction materials group confirmed on Wednesday.
Clean Power Hydrogen completes key testing milestone
Green hydrogen technology developer Clean Power Hydrogen announced the successful completion of a key milestone in its collaboration with Northern Ireland Water on Wednesday.
Dewhurst to acquire remaining 25pc of P&R Liftcars
Lift, transport and keypad components specialist Dewhurst Group announced its intention to acquire the remaining 25% stake in P&R Liftcars on Wednesday.
Heathrow sees first profit in four years, but warns of pricing challenges
Heathrow has posted its first adjusted profit in four years after recording its third highest annual passenger numbers in history, but said the Civil Aviation Authority's (CAA) price controls will make it hard to stay remain profitable going forward.
Iconic BT Tower to be turned into hotel in £275m deal
BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.