Market Pulse
Gaming Realms H1 revenue and underlying earnings up double-digits
Mobile-focussed games developer Gaming Realms said on Tuesday that interim revenue and underlying earnings were up double-digits thanks to growth in content licensing and market expansion.
Ocado prices £250m guaranteed bonds, £350m unsecured notes
Ocado Group announced the successful pricing of its £250m guaranteed senior unsecured convertible bonds on Tuesday, due 2029.
Severfield trading in line with expectations
Structural steel company Severfield said in an update on Tuesday that trading since the start of the financial year had met expectations.
Sabre Insurance upbeat on first half growth
Motor insurance underwriter Sabre Insurance Group reported a strong set of half-year results on Tuesday, with substantial year-on-year profit growth and healthy gross written premium levels at target margins.
AstraZeneca prices EUR 1.4bn eurobond offering
AstraZeneca announced on Tuesday that its wholly owned subsidiary, AstraZeneca Finance, priced a €1. 4bn eurobond offering on 29 July.
RBC Capital downgrades Howden Joinery to ‘sector perform’
RBC Capital Markets downgraded Howden Joinery on Tuesday to ‘sector perform’ from ‘outperform’ to reflect limited implied upside.
Journeo delivers record H1 performance, FY revenues seen 'marginally ahead'
Information systems provider Journeo said on Tuesday that it had delivered a record first-half performance and the full-year revenues were now expected to be "marginally ahead" of current market expectations.
Asia report: Most markets fall as BoJ begins policy meeting
Asia-Pacific markets mostly declined on Tuesday as the Bank of Japan kicked off its two-day monetary policy meeting.
Cohort subsidiary wins three contracts with Rheinmetall Air Defence
Technology group Cohort said on Tuesday that its Chess Dynamics subsidiary has been awarded three contracts from Rheinmetall Air Defence worth more than £25. 0m.
AG Barr backs full-year expectations as H1 sales rise
Irn-Bru maker AG Barr backed its expectations for the full year on Tuesday as it said revenue for the first half was set to rise versus the same period a year earlier.
Kromek receives first UK Government Resilience Framework order
Radiation and biotechnology solutions developer Kromek said on Tuesday that its D3M detector has been named as the personal radiation detector under the UK Government Resilience Framework.
St James's Place outlines new growth targets, cost-cutting measures
Wealth management firm St James's Place outlined new growth targets and cost-cutting measures on Tuesday, sending the shares higher on early trading.
WPP appoints ex BT boss Philip Jansen as new chair
Advertising firm WPP said on Tuesday that it has appointed Philip Jansen - the former chief executive of BT Group - as its new chairman.
Spectris H1 operating profits fall as sales slow
Precision instruments supplier Spectris said on Tuesday that operating profits had fallen in the six months ended 30 June amid a drop in both sales and operating margins.
Games Workshop posts solid growth in revenue, profit
Games Workshop Group reported significant growth in both revenue and profit in its annual report on Tuesday, with core revenue rising to £494. 7m, from £445. 4m.
Essentra returns to growth in Q2, first-half revenue slips
Essentra reported a return to growth in its second quarter on Tuesday, and maintained its full-year expectations.
Revenue, operating profit falls amid challenging market for Bodycote
Bodycote reported a mixed first-half performance on Tuesday, amid a challenging market, as organic revenue grew by 1. 5% excluding surcharges, while total revenue declined 5% to £399m due to lower surcharges and foreign exchange headwinds.
London open: Stocks fall as BP shines, Diageo tumbles
London stocks fell in early trade on Tuesday as investors waded through a barrage of earnings from the likes of BP, Standard Chartered and Diageo, and looked ahead to rate announcements from the Federal Reserve and the Bank of England this week.
Ascential tops first-half expectations after agreeing takeover by Informa
Events and business information company Ascential announced a solid set of first half results on Tuesday, surpassing market expectations.
Inchcape reports first-half growth after agreeing sale of retail arm
Inchcape reported a resilient first-half financial performance on Tuesday, with revenue growing 8% at constant currency and 4% on a reported basis, to £4. 7bn.