Company News
Friday preview: US consumer confidence, UK inflation expectations in focus
Investors' focus at the end of the week will continue to be on the inflation picture Stateside.
Director dealings: Genus director makes share purchase
Genus revealed on Thursday that senior independent director Lesley Knox had acquired 2,800 ordinary shares in the FTSE 250-listed genetics firm.
Kroger shares pop on Q2 earnings beat, updated guidance
Kroger shares were popping on Thursday, as investors digested the grocer’s updated guidance following a mixed second-quarter performance.
Arkle Resources announces drilling campaign on Stonepark block
Arkle Resources announced on Thursday that its partner, Group Eleven Resources, had started a drilling campaign on the Stonepark licence block in Limerick, Ireland.
General Mills offloads yoghurt operations in $2.1bn deal
US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2. 1bn deal.
Quantum Blockchain hires former Intel Blockscale specialist
Quantum Blockchain Technologies announced the appointment of Jose Rios, a former executive at Intel, as its strategic adviser on Thursday.
Moderna to slash R&D budget, shares fall
Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.
Microsoft cuts 650 jobs in video game division
Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday.
Mastercard to buy cyber defence firm Recorded Future for $2.65bn
Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2. 65bn.
Tesco loses legal case against 'fire and rehire' tactics for factory staff
Shop workers union Usdaw has won its appeal in a Supreme Court battle against Tesco over its so-called 'fire and rehire' approach to cutting staff pay, bringing a three-year legal saga to an end.
NewRiver gets two more weeks for possible Capital & Regional offer
Shopping centre owner Capital & Regional has extended the so-called 'put up or shut up' deadline for a takeover offer from NewRiver by two weeks.
Keystone Law reports solid first-half growth
Keystone Law Group reported a strong set of results for the six months ended 31 July on Thursday, highlighting continued growth and positive recruitment momentum.
Griffin Mining upbeat on strong first half
Griffin Mining reported strong first-half financial results on Thursday, with revenues rising 23. 3% to $85. 7m, compared to $69. 5m in the same period in 2023.
John Lewis on track to deliver 'significantly' improved profits
Interim losses narrowed at John Lewis Partnership, the retailer confirmed on Thursday, leaving it on track to deliver "significantly" higher full-year profits.
Ceres Power signs key agreement with India's Thermax
Ceres Power announced on Thursday that it has signed a key agreement with Thermax to licence its solid oxide electrolysis cell (SOEC) technology, marking its entry into the fast-growing Indian clean energy market.
Gulf Marine sings new contract, upgrades expectations
Gulf Marine Services (GMS) announced on Thursday that it has secured a new long-term contract for one of its vessels operating in the Gulf Cooperation Council (GCC) region, marking a significant boost for the company.
Tristel makes FDA submission for high-level disinfectant foam
Infection prevention products manufacturer Tristel announced the submission of a premarket notification 510(k) to the US Food and Drug Administration (FDA) on Thursday, for its high-level disinfectant (HLD) foam, Tristel OPH.
Harworth reports solid net development value growth
Harworth Group reported strong results for the first half on Thursday, marked by significant growth in net development value (NDV) and total returns.
Ensilica scores additional ASIC design and supply contract with Siemens
Chip maker Ensilica said on Thursday that it has been awarded an additional ASIC design and supply contract by multinational technology conglomerate Siemens.
Brooks Macdonald announces strong results, sale of international arm
Brooks Macdonald Group reported strong full-year financial results on Thursday, alongside a number of strategic developments.