Company News
Wednesday preview: Global PMIs, Bank of Canada in focus
Investors' focus in the middle of the week would be on a raft of purchasing managers' surveys covering activity in manufacturing and services on either side of the Channel as well as in the States.
Deltic Energy announces mobilisation of rig to Selene well
Natural resources investment company Deltic Energy announced on Tuesday that the Valaris 123 drilling unit has been mobilised, and is en route to the Selene well location.
Cordel Group full-year revenue rises 45pc
Transport analytics technology specialist Cordel Group said in an update on Tuesday that it expects to report revenue exceeding £4. 4m for the 2024 financial year, subject to audit confirmation.
Bosch snaps up heating and air con assets in $8bn deal
German technology group Bosch is to acquire the residential ventilation business of Johnson Controls International in an $8bn deal, it was announced on Tuesday.
Marlowe posts full-year results in line with forecasts
Business safety and regulatory compliance specialist Marlowe reported a set of preliminary full-year unaudited results in line with market expectations on Tuesday.
GB Group confident after strong full year
Identity and location software provider GB Group said in an update on Tuesday that its 2024 revenue of £277. 3m was driven by accelerated growth in the identity segment during the fourth quarter.
Science Group posts record first-half adjusted operating profit
Science Group reported a record adjusted operating profit of £11m for the six months ended 30 June on Tuesday, up from £10. 4m a year earlier.
H&T Group trades as expected through first half
Pawnbroker and jewellery retailer H&T Group said in an update on Tuesday that group trading in the first half had continued in line with expectations since its last update on 16 May.
Alliance Pharma COO stepping down, position to be disestablished
Healthcare products group Alliance Pharma announced on Tuesday that its chief operating officer Jeyan Heper would leave the company on 31 August.
SAP shares surge on Q2 cloud growth, job cuts
Shares in SAP surged 7% on Tuesday after the German enterprise software giant impressed with its second-quarter results, as revenue growth was bolstered by increasing momentum in the cloud and AI markets, while the company announced plans to cut more jobs.
Supply shortages to hit sales and margin at Porsche
Shares in Porsche came under pressure on Tuesday, after the luxury marque warned supply issues would likely dent its full-year numbers.
Julius Baer names Goldman Sachs partner CEO
Julius Bear Gruppe has named Goldman Sachs partner Stefan Bollinger chief executive, it was confirmed on Tuesday.
Alpha Group revenue and profits grow in H1
Financial services firm Alpha Group said on Tuesday that interim revenue and profits had risen on the back of strong growth in both its corporate and institutional markets.
Wiz ends $23bn deal talks with Google - reports
Talks between Google-parent Alphabet and Israeli start-up Wiz have ended, it emerged on Tuesday, ending the prospect of a potential $23bn blockbuster deal.
Oxford Nanopore strikes collaboration and contract expansion with Plasmidsaurus
Molecular sensing technology group Oxford Nanopore has struck a collaboration and contract expansion with Plasmidsaurus.
Headlam flags weaker first half, as expected
Floor coverings distributor Headlam Group said in an update on Tuesday that trading in its first half was consistent with its previous update on 14 May, reflecting ongoing market challenges.
Fuller's reports strong trading momentum, reduced debt
Pub operator Fuller, Smith & Turner reported strong trading momentum for the 16 weeks ended 20 July in an update on Tuesday.
United Utilities, Severn Trent awarded top Environment Agency ratings
Listed water companies United Utilities Group and Severn Trent both received top ratings in the Environment Agency's 2023 environmental performance assessment (EPA) on Tuesday, with each company achieving four-star status.
Galliford Try wins positions on NHS North of England framework
Galliford Try announced on Tuesday that it has secured positions on the new £835m NHS North of England Commercial Procurement Collaborative (NOE CPC) specialist estates engineering and maintenance services (Hard FM) framework.
Taylor Maritime focuses on debt amid global macro challenges
Taylor Maritime Investments reported an audited net asset value (NAV) per share of $1. 48 in its full-year results on Tuesday, with a total NAV of $485m.