Company News
Thursday preview: Bank of England, DS Smith in focus
All eyes on Thursday will be on the Bank of England.
Director dealings: Young's, Aminex disclose non-exec transactions
Young’s Brewery and Aminex were among the companies disclosing director dealings on Wednesday.
Avingtrans flags record full-year revenue
Energy, medical, and industrial components, modules, systems, and services provider Avingtrans reported record revenue from continuing operations for the financial year ended 31 May in an update on Wednesday.
Maintel confident dspite slower first half
Cloud, network, and security managed communications services provider Maintel said in an update on Wednesday that it had focussed on strategic organic growth initiatives in the first five months of the year, successfully securing significant new contracts and launching new product initiatives, including the Maintel Application Platform aimed at enhancing customer offerings.
UK watchdog to probe HPE takeover of Juniper
The UK competition regulator has launched an investigation into Hewlett Packard Enterprise’s proposed $14bn takeover of Juniper Networks, it was confirmed on Wednesday.
JP Morgan to scrap bonus cap for London staff - report
JP Morgan Chase is to scrap Brussels’ cap on bonuses for its UK bankers, it was reported on Wednesday.
'Visionary' Canary Wharf chair George Iacobesu to step down
Sir George Iacobescu, Canary Wharf Group’s long-standing chair and the driving force behind the site's development, is retiring after 36 years with the company, it was confirmed on Wednesday.
Alpha FMC surges as Bridgepoint proposes 505p a share takeover
Alpha Financial Markets surged on Wednesday after saying it had received a 505p a share takeover proposal from buyout firm Bridgepoint that it would be willing to recommend.
Speedy Hire confident despite profit slump
Speedy Hire posted a slide in full-year profits on Wednesday, hit by higher costs and macroeconomic uncertainty, but struck a more optimistic note for the current year.
Games Workshop shares surge on FY profit beat
Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier.
Berkeley lifts outlook, outlines plans to enter rental market
UK housebuilder Berkeley lifted its earnings outlook by 5% for the current financial year amid tough trading conditions and unveiled plans to enter the London rental market.
Eurozone construction output falls 0.2% in April
Eurozone construction output fell 0. 2% in April 2024 compared with the prior month, according to flash estimates from Eurostat, the statistical office of the European Union.
Brave Bison trading in line with expectations
Digital advertising and technology services company Brave Bison said in an update on Wednesday that trading in the first five months of 2024 met expectations, with the board anticipating adjusted profit before tax for the six months ended 30 June to surpass the prior year's figures.
Light Science Technologies secures £0.75m contract
Light Science Technologies announced a significant contract worth over £0. 75m on Wednesday, with a new blue-chip customer, for its passive fire protection division LSTH IFB.
Powerhouse installs crucial kiln at Bridgend Technical Centre
Powerhouse Energy announced the successful delivery and installation of its thermal conversion chamber (TCC) at its Bridgend Technical Centre on Wednesday.
Severfield profits beat forecasts despite lower revenue
Structural steel specialist Severfield reported revenue of £463. 5m in its final results on Wednesday, down from £491. 8m in 2023 amid softer market conditions.
IQE co-founder to step down with immediate effect
The co-founder of IQE is stepping down with immediate effect, the semiconductor specialist confirmed on Wednesday, after nearly 36 years with the business.
Young's posts jump in annual revenues, flags 'feast' of summer sport
Young & Co’s Brewery struck an upbeat note on Wednesday, despite a slide in full-year profits, as it flagged a bumper summer of sport.
Ixico wins £1m research contract
Precision analytics company Ixico announced a new contract valued at over £1m on Wednesday.