Market Report
Share says current trading remains strong
AIM-listed Share said on Wednesday that current trading for the year to 31 December 2017 has remained strong following a record first quarter which saw revenues reach in excess of £4m for the first time ever.
Water Intelligence acquires Indianapolis franchise
Water Intelligence announced the acquisition of its Indianapolis, Indiana franchise on Wednesday.
M&C Saatchi pleased with year so far
Investors in global advertising agency M&C Saatchi were gathering on Wednesday for the company’s annual general meeting, with chairman Jeremy Sinclair set to update them on current trading, saying 2017 had started “well” and remained in line with expectations.
Amec selected for CCS multi-year framework
Amec Foster Wheeler has been appointed by the UK government's Crown Commercial Services to its £2. 9bn project management and full design services framework.
Workspace hikes dividend 40% despite profit dip
London-focused serviced office group Workspace upped its dividend by a whopping 40% as annual profits fell due to a smaller property valuation uplift but its net asset value per share swelled 3. 3%.
Shoe Zone interim profit slumps on weaker pound
AIM-listed value footwear retailer Shoe Zone saw profits plunge in the 26 weeks to 1 April as it took a hit from the weakening of the pound.
Trakm8 awarded contract extension with Shell
Telematics and data provider Trakm8 announced on Wednesday that it had been awarded an extension to an existing contract with Shell to expand the development of its smart charging solution.
AstraZeneca offloads Zonig rights to Grunenthal
AstraZeneca announced on Wednesday that it entered an agreement with Grünenthal for the global rights to Zomig (zolmitriptan) outside Japan.
Anglo American signs on ex-ARM chair Chambers
Anglo American announced the appointment of Stuart Chambers as its chairman on Wednesday.
Anglo American appoints Stuart Chambers as chairman, Workspace profits sink while NAV rises
London open.
London pre-open: Stocks seen flat as election looms
London stocks were set for a muted open on Wednesday, with just one day to go until the general election.
Wednesday newspaper round-up: Airlines, Burberry, Tesco
Airline bosses should apologise instantly, roll up their sleeves and join the passengers next time they suffer a British Airways-style PR crisis, executives have advised. Speaking at the International Air Transport Association’s annual summit, Oscar Munoz, the chief executive of United Airlines, who was lambasted for his non-apology to a passenger who was injured when forcibly removed from an overbooked flight, said: “We have to become more flexible and more communicative about things.
US close: Markets finish red as political concerns heighten
US markets finished weaker on Tuesday amid growing geopolitical concerns and ahead of a testimony to the Senate panel by former FBI boss James Comey later in the week.