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Market Pulse
15 May
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Henry Boot wins £36m Rotherham Markets contract

Henry Boot announced on Wednesday that its construction arm has secured a pivotal contract from Rotherham Council.

15 May
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DSW Capital FY adjusted pre-tax profits fall

Professional services business DSW Capital said on Wednesday that adjusted pre-tax profits had contracted in the year ended 31 March but said network revenues and total income from licensees were expected to be in line with current expectations.

15 May
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4Global FY revenues seen higher on strong H2 trading performance

Data and technology company 4Global said on Wednesday that full-year revenues were on track to grow following a "strong" H2 trading performance.

15 May
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Asia report: Markets mixed amid quieter trading

Asia-Pacific markets finished a relatively subdued Wednesday in a mixed state, following gains on Wall Street overnight despite concerns over robust inflation data stateside.

15 May
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Interest earning balances slip at Vanquis

Vanquis Banking Group reported gross customer interest earning balances of £2. 23bn at the end of its first quarter on Wednesday, reflecting a slight decline from the £2. 35bn it reported as at 31 December.

15 May
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Gross premiums rise in strong quarter for Conduit

Conduit Holdings reported a 28. 3% increase in gross premiums written in its first quarter on Wednesday, reaching $356. 8m for the three months ended 31 March.

15 May
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Redde Northgate FY24 trading finishes 'positively'

Vehicle rental and repair services business Redde Northgate said on Wednesday that it had finished FY24 "positively", continuing the trends seen in the first half, with vehicle supply continuing to improve.

15 May
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Raspberry Pi confirms plans for London listing

Computer maker Raspberry Pi confirmed on Wednesday that it is planning to list on the main market of the London Stock Exchange.

15 May
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TP Icap Q1 revenues down against strong comparator

Financial services firm TP ICAP said on Wednesday that revenues were down year-on-year in the three months ended 31 March against a strong Q123 performance.

15 May
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London open: Stocks gain ahead of US inflation; Experian surges

London stocks rose in early trade on Wednesday, helped along by the likes of Experian and Imperial Brands, as investors eyed the latest US inflation reading.

15 May
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Compass lifts full-year outlook after strong first half

Food and support service provider Compass Group raised its full-year guidance on Wednesday, after reporting an 11. 2% increase in first-half revenue to $20. 9bn, alongside an 18. 7% surge in operating profit to $1. 47bn.

15 May
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Consortium of investors sells £1.6bn stake in LSEG

A consortium of investors has sold about £1. 6bn worth of shares in London Stock Exchange Group.

15 May
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Britvic announces third £75m share buyback as interim profits rise

Drinks company Britvic posted a jump in interim profit and revenue on Wednesday and announced a £75m share buyback, as it highlighted "strong" customer demand for its brands.

15 May
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London pre-open: Stocks seen up ahead of US CPI

London stocks were set to rise at the open on Wednesday following a positive session on Wall street, as investors eyed the latest US inflation reading.

15 May
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Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis

Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK’s busiest Brexit border post as failures with the government’s IT systems delay imports entering Britain. Businesses have described the government’s new border control checks as a “disaster” after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders.