Market Pulse
Broker tips: Everyman Media, Yellow Cake, Kainos
Everyman Media is "well positioned for future success", according to Canaccord Genuity, which reiterated a 'buy' rating on the company following its 2023 results on Tuesday.
Tatton Asset Management reports record full-year net inflows
Tatton Asset Management reported record net inflows for the financial year just ended in an update on Tuesday, of £2. 3bn, equivalent to 18. 1% of its opening assets under management.
Berenberg lowers target price on Kainos
Analysts at Berenberg lowered their target price on software company Kainos from 1,315. 0p to 1,260. 0p on Tuesday following the group's full-year trading update on 15 April.
US open: Stocks mixed as Treasury yields rise
Wall Street stocks were mixed early on Tuesday after the benchmark 10-year Treasury note hit a fresh high.
US pre-open: Futures mixed as 10-year Treasury note reaches fresh high
Wall Street futures were mixed ahead of the bell on Tuesday as the 10-year Treasury note hit a fresh high.
Sosandar FY revenues grow, expects 'marginal loss'
British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year.
Cyanconnode FY revenues to 'materially exceed' market expectations
Narrowband radio mesh networks business Cyanconnode said on Tuesday that full-year revenues were expected to "materially exceed" market expectations.
Asia report: Stocks slide amid fresh geopolitical fears
Asia-Pacific markets experienced a significant downturn across the board on Tuesday, influenced by global geopolitical concerns and robust economic data from China.
System1 revenues grow YOY
Software group System1 said on Tuesday that revenues had grown year-on-year, buoyed by the successful launch of its TYA Pro+ offering and strong platform revenue growth in the US.
Eleco acquires Vertical Digital companies
Software provider Eleco has acquired the Vertical Digital group of companies in a deal worth as much as €1. 55m.
Marks Electrical delivers record FY revenues
Electrical retailer Marks Electrical Group said on Tuesday that it had delivered record full-year revenues in the 12 months ended 31 March, driven by increased market share.
Ninety One assets under management slip year-on-year
Global investment manager Ninety One said in an update on Tuesday that its assets under management amounted to £126bn as of 31 March.
Hollywood Bowl revenue reaches record in first half
Hollywood Bowl reported a record first-half revenue of £119. 2m in a trading update on Tuesday, making for an 8. 1% increase year-on-year.
GSK meningococcal vaccine accepted by US FDA for review
GSK announced on Tuesday that its five-in-one meningococcal ABCWY (MenABCWY) vaccine candidate had been accepted for regulatory review by the US Food and Drug Administration (FDA).
B&M flags decent group-wide revenue growth
Discount retailer B&M reported growth in revenue across its fascias in a full-year update on Tuesday, with B&M UK achieving £4. 41bn, marking a 4% increase.
Auction Technology revenue rises as it adjusts margin forecasts
Online marketplace operator Auction Technology Group reported a 6% improvement in first-half revenue in an update on Tuesday, to $86m, as it narrowed its full-year margin guidance.
Oxford Instruments ends year in line with expectations
Scientific technology specialist Oxford Instruments said in an update on Tuesday that trading in the financial year just ended was in line with expectations, with positive momentum in revenue growth.
Hays net fees fall amid tough global recruiting market
Global recruiter Hays reported a fall in net fees in a challenging third quarter on Tuesday, down 17% in total year-on-year, and 14% lower on a like-for-like basis.
Plus500 tracks ahead of expectations in first quarter
Plus500 reported a solid first-quarter performance in an update on Tuesday, with the company tracking ahead of market expectations for the 2024 financial year.
QinetiQ ends year in line with forecasts, finance chief departs
QinetiQ Group reported a good operational performance in the final quarter of its financial year on Tuesday, in line with market expectations.