Company News
Delivery Hero shares surge as Uber buys Taiwan business for $950m
Shares in Delivery Hero surged by more than 20% after it agreed to sell its Foodpanda delivery business in Taiwan to ride-hailing giant Uber for $950m.
Revolution Bars sale process yields no takeover proposals
Revolution Bars Group shares were sinking on Tuesday morning, after the company issued an update on the formal sale process, first announced on 10 April.
Shares slide as Midwich warns on profits
Shares in Midwich Group fell sharply in early trading on Tuesday, after the audio visual specialist warned on profits.
Currys lifts full-year profit expectations
Electricals retailer Currys lifted its full-year profit expectations on Tuesday as it hailed a return to like-for-like sales growth.
FDM trading in line as softer market persists
It professional services provider FDM Group said in an update on Tuesday that the group had performed in line with the board's expectations in the first four months of the year.
Flutter confident despite wider quarterly net loss
Flutter reported a net loss of $177m in its first quarter on Tuesday - a $66m increase year-on-year, which it attributed to non-cash charges of $356m.
Hochschild Mining delivers commercial production in Brazil
Precious metals miner Hochschild Mining has achieved commercial production at the Mara Rosa gold mine in Brazil, a "significant milestone" that has been hit ahead of schedule.
Vodafone FY cash flow better than expected after strong Q4
Troubled telecoms giant Vodafone posted slightly better annual results than forecast, driven by a strong final quarter, as it continued to offload businesses and move towards its tie-up with rival operator Three.
Annual profits spark at DCC
Ireland’s DCC reported a jump in annual profits on Tuesday, on the back of strong trading in its core energy division.
Anglo unveils radical portfolio shake-up after rejecting BHP offer
Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.
Headlam warns on profits, cites weak housing market
Headlam slid on Tuesday as it warned on full-year profits, citing a weak housing market and a deterioration in consumer spending.
Greggs holds guidance as sales make strong start
UK bakery chain Greggs maintained full year earnings forecasts as underlying sales grew 7. 4% in the first 19 weeks of this year in what it called a “challenging market”.
Tritax EuroBox offloads Gothenburg asset as disposals continue
Logistics real estate investor Tritax EuroBox is to sell a Gothenburg warehouse for SEK385m (£28m) as the company continues to dispose of assets to reduce leverage.