Company News
Funding Circle swings into the black, shares soar
Shares in Funding Circle rocketed on Thursday, after the business lender unexpectedly swung into the black and boosted its full-year outlook.
Beowulf reports positive test-work results from Kallak Project
Beowulf Mining announced positive results from its 2024 metallurgical test-work programme for the Kallak Iron Ore Project in Sweden on Thursday.
Spectris buys Austria’s Piezocryst for €133.5m
Spectris said on Thursday that it has bought Austria’s Piezocryst from AVL for €133. 5m (£112. 2m).
WAG Payment Solutions upbeat despite profit slide
WAG Payment Solutions insisted trading remained on track on Thursday, despite a sharp fall in half-year profits.
Ofcom's Royal Mail review could see Saturday Second Class letters scrapped
Communications watchdog Ofcom said on Thursday that it will assess whether certain changes to Royal Mail's Second Class letter delivery would meet postal users' needs, ahead of consulting on proposals in early 2025.
Ashmore reports full-year profit growth despite AuM challenges
Emerging markets-focussed asset manager Ashmore Group reported a relatively positive set of final results on Thursday, despite some challenges in assets under management (AuM).
Safestore Q3 revenues flat, reiterates FY guidance
Self-storage business Safestore reiterated its full-year earnings guidance on Thursday as it reported flat Q3 revenues.
Currys takes nearly 50% share of UK laptop market, sales rise
Currys posted a jump in sales on Thursday as the electricals retailer took a nearly 50% share of the UK laptop market.
Vistry posts 7% jump in H1 profit, announces further £130m share buyback
Housebuilder Vistry announced a further £130m share buyback on Thursday as it posted a 7% increase in first-half pre-tax profit.