Company News
Ground Rents Income Fund sells off largest asset
Closed-ended real estate investment trust Ground Rents Income Fund announced on Tuesday that it had sold its largest asset for £7. 9m.
Wednesday preview: UK CPI, Sage in focus
Investors' focus in the middle of the week would be on the latest UK consumer price data.
Director dealings: Asos director raises stake
Asos revealed on Tuesday that non-executive director William Barker had acquired 381,673 ordinary shares in the London-listed fast fashion retailer.
UK competition regulator drops probe into Google's Anthropic investment
UK regulators have announced that Google owner Alphabet's investment in AI safety and research company Anthropic doesn't require a full, in-depth probe.
Walmart hikes FY guidance, Q3 earnings beat expectations
Retailer Walmart hiked its full-year guidance on Tuesday after Q3 earnings and revenue came in ahead of expectations.
Amcor snaps up packaging rival Berry Global for $8.4bn
Australian packaging group Amcor announced on Tuesday that it is to buying smaller American rival Berry Global in a deal worth $8. 4bn.
LungLife AI upbeat on progress with LungLB test
Lung cancer diagnostics developer LungLife AI reported significant progress in the commercialisation of its ‘LungLB’ test on Tuesday, which was designed to facilitate early detection and improve patient outcomes.
Lowe's punts on hurricane repair demand after upbeat Q3 results
US home improvement retailer Lowe’s lifted full-year guidance on Tuesday, betting on more spending from people hit by recent hurricanes.
Katoro Gold completes initial fieldwork at White Pine
Katoro Gold, a company focused on energy and precious mineral exploration, announced on Tuesday that it has completed initial reconnaissance fieldwork at its wholly-owned White Pine Uranium Project in northwestern Ontario, Canada.
Acuity RM buys Rizikon software from collapsed Crossword Cybersecurity
Governance, risk, and compliance (GRC) software provider Acuity RM announced the acquisition of the Rizikon software product on Tuesday, including its intellectual property and customer lists, from the collapsed Crossword Cybersecurity, for £15,000 cash.
CML Microsystems hits four-year low on uncertain outlook
The market value of CML Microsystems dropped by a tenth on Tuesday after the semiconductors group reported a halving of profits in its first half amid "subdued" market conditions, and said meeting full-year targets might be "challenging".
BT Group gains as Bharti completes acquisition of 24.5% stake
BT Group gained on Tuesday after India’s Bharti Global completed the acquisition of a 24. 5% stake in the telecoms company from France’s Altice.
Retailers warn of £7bn spike in costs from Budget measures
More than 80 leading retail leaders signed an open letter to Chancellor Rachel Reeves on Tuesday, expressing grave concerns about the economic impact of the Autumn Budget on the retail sector.
Nexxen International launches $50m share buyback on AIM
Advanced television advertising technology specialist Nexxen International announced a new share buyback programme worth up to $50m on Tuesday.
Fonix flags strong start to financial year
Mobile payments and messaging specialist Fonix reported a strong start to its new financial year in an update on Tuesday.
GB Group swings to profit after solid first half
Shares in AIM-listed GB Group rose on Tuesday as the identity fraud and location software firm reiterated its full-year outlook after swinging into the black in the first half.
Gear4Music H1 operating losses narrow
Music equipment retailer Gear4music said on Tuesday that operating losses had narrowed in the six months ended 30 September on the back of its latest growth strategy.
Revolution Beauty swings to loss as revenue slides
Revolution Beauty said on Tuesday that it swung to a loss in the first half as revenue slumped but also hailed good progress with its cost savings programme.
Mulberry to 'streamline operations' as losses widen
Luxury handbag maker Mulberry said on Tuesday that it was taking steps to "streamline operations" as it reported a 19% drop in first-half revenue and a widening of its losses, pointing to a "difficult" trading environment.
Avon Technologies reports solid set of preliminary results
Avon Technologies reported a robust set of preliminary results on Tuesday, with received orders surging 40. 9% year-on-year to $364. 4m, driving a record closing order book of $225. 2m, up 65. 8%, and providing strong visibility into the 2025 financial year and beyond.