Headline News
Thames Water creditors said to have offered alternative financial lifeline
A group of Thames Water creditors have reportedly proposed an alternative liquidity package of up to £3bn to give the British utility more time to seek a restructuring of its debt.
Intel wins 15-year legal battle over massive EU fine
Intel emerged victorious in a lengthy legal battle with the European Union on Thursday, as the bloc's top court ruled in its favour, dismissing a €1. 06bn antitrust fine.
Greencoat UK Wind expands portfolio, completes £725m refinancing
Greencoat UK Wind updated the market on its third quarter on Thursday, reporting that as of 30 September, its unaudited net asset value stood at £3. 6bn, or 158. 6p per share.
UK private sector growth falls to 11-month low
Private sector growth in the UK fell to an 11-month low in October ahead of the Budget, according to a survey released on Thursday.
Renault maintains guidance after third quarter growth
Renault Group reported a 1. 8% rise in third-quarter revenue on Thursday, to €10. 7bn, surpassing analyst forecasts, driven by strong demand for new models like the Symbioz and Dacia Duster hybrid SUV.
Assura offloads 12 assets for £25m
Assura announced the disposal of 12 assets for £25m on Thursday, in line with book value, to contribute to a partial repayment of its revolving credit facility.
Eurowag reports strong year-to-date performance
WAG Payment Solutions, trading as Eurowag, reported a strong financial performance for the first nine months of the year on Thursday, with total net revenue growing 17. 4% to €215. 7m.
Abrdn sees persistent outflows in investments and adviser divisions
Abrdn shares were sliding on Thursday morning, after it said in an update that it continued to experience outflows in its investments and adviser divisions in the third quarter, despite efforts to address the challenges.
LSEG reports 'particularly strong' third quarter
London Stock Exchange Group reported a robust third quarter on Thursday, with total income excluding recoveries rising 9. 5% on a constant currency basis and 8. 7% organically.
Bloomsbury Publishing upgrades FY expectations after strong first half
Bloomsbury Publishing surged on Thursday as it upgraded its full-year expectations following record first-half profit and revenue.
Hikma engages shareholders over buyback waiver
Hikma Pharmaceuticals updated the market over the significant opposition to a resolution at its annual general meeting on Thursday.
Travis Perkins revises guidance after weak third quarter
Travis Perkins revised its operating profit guidance on Thursday, after reporting a 5. 7% decline in third-quarter group revenue thanks to weakness in its merchanting segment.
Dunelm third-quarter sales rise 3.5%
Homeware retailer Dunelm reported a rise in third-quarter sales on Thursday, driven by volume.
Unilever Q3 underlying sales growth beats expectations
Consumer goods giant Unilever reported a jump in third-quarter underlying sales on Thursday, underpinned by its power brands.