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Market Report
15 Jan
football, champions, league
Goals Soccer Centres appoints Martin Johnson as interim finance chief

Goals Soccer Centres updated the market on its search for a new finance chief on Tuesday, following the resignation of chief financial officer Bill Gow in July last year to join his family business.

15 Jan
oilfield
United Oil & Gas upbeat as Selva Field given preliminary approval

Exploration and development company United Oil & Gas announced on Tuesday that it has been advised by the operator, Po Valley Energy, that the production concession application to develop the Selva Gas Field, onshore Italy, has been granted preliminary approval by the Italian government.

15 Jan
cbprovident
Provident Financial warns on profits as households struggle

Provident Financial warned that full-year profits would be towards the lower end of market expectations due to "modestly higher than expected" impairments.

15 Jan
girl in the gym 1391368 960 720
Aggressive expansion drives growth at The Gym Group

Low-cost fitness club operator The Gym Group issued its pre-close trading update for the year ended 31 December on Tuesday, reporting that total year-end membership numbers rose 19. 3% to 724,000, with average members ahead 31. 2% at 693,000.

15 Jan
handshake
Derek Harding to succeed Clive Watson as Spectris CFO

Spectris said on Tuesday that Clive Watston had decided to retire from his role as group finance director after 12 years and will be replaced by Derek Harding, the former FD of Senior.

15 Jan
Money cash dollars
Kape Technologies performs 'strongly' even as revenues decline

Consumer security software business Kape Technologies updated the market on its trading for the year ended 31 December on Tuesday, reporting that it performed “strongly” in the year following initiatives both to grow its product offering and user base, and to generate higher-margin recurring revenues.

15 Jan
ep directortecnologiala informacio en hays espanya julien mur
International business drives quarterly growth at Hays

Recruitment and human resources specialist Hays updated the market on its trading for the quarter ended 31 December on Tuesday, reporting growth of 9%, or 8% when adjusted for working days, which it said was driven by 11% growth in its international businesses.

15 Jan
city of london skyline
London open: Miners gain on China stimulus as May braces for defeat

London stocks rose in early trade on Tuesday, with miners leading the charge as investors welcomed Beijing's latest pledge to support the economy, but Brexit-related jitters could take hold at any moment ahead of the Commons vote on Theresa May's deal.

15 Jan
Big Yellow Group, self-storage
Big Yellow turns in decent third quarter performance

Self storage company Big Yellow Group updated the market on its trading for the third quarter ended 31 December on Tuesday, reporting closing occupancy of 81. 1% - an increase of 1. 4 percentage points over the same time last year.

15 Jan
games workshop warhammer
Games Workshop H1 profits rise, special divi announced

Games Workshop posted a jump in first-half revenue and profit on Tuesday as it declared a special dividend.

15 Jan
savills
Savills sees FY in line with expectations despite heightened uncertainty

Savills said on Tuesday that underlying results for the year to the end of December 2018 should be in line with the board's expectations, but added that transaction volumes are expected to drop in a number of markets amid Brexit uncertainty.

15 Jan
Persimmon flags higher-than-expected profits, Big Yellow sees decent third quarter growth

London open The FTSE 100 is expected to open 47 points higher on Tuesday, having closed down 0. 91% at 6,855. 02 on Monday.

15 Jan
london walkietalkie sunrise
London pre-open: Stocks seen up on Beijing support as May braces for big defeat

London stocks were set for a positive open on Tuesday, taking their cue from an upbeat session in Asia after Beijing promised to step up its efforts to support the economy, as investors eyed the Commons vote on Theresa May's Brexit deal.

15 Jan
noticias
Tuesday newspaper round-up: Carillion, Barclays execs, Ophir, Capita

Trade unions have accused the government of failing to learn lessons from the collapse of Carillion, instead pumping even more money into outsourcing companies, a year on from the firm’s high-profile demise. The lifetime value of outsourcing contracts awarded in 2017-18 “rocketed” by 53% from £62bn to £95bn in the past year, according to the GMB union, which pointed to nearly £2bn in contracts awarded to Capita and Interserve despite both issuing profit warnings.