Market Report
Poor weather continues to dampen summer trading for Young's
Young’s said on Tuesday that the pattern of poor weather which affected trading in the beginning of its financial year had continued through into the summer, with an “inevitable” effect on its performance.
Wincanton confirms September timetable for CEO handover
Wincanton confirmed on Tuesday that its new chief executive officer, James Wroath, would join the business and be appointed to the board with effect from 2 September.
Chariot makes solid development progress across portfolio
Atlantic margin-focussed oil and gas company Chariot Oil & Gas said that the addition of discovered resources in the “significant” Anchois gas discovery at the Lixus Offshore licence in Morocco had “rebalanced” its portfolio as it updated shareholders on Tuesday.
IMImobile inks Apple Business Chat contract with Vauxhall
Communications software firm IMImobile has inked a deal that will see the group provide one of the UK's largest car manufacturers with Apple Business Chat via its enterprise communications platform.
Nintendo confirms partial switch of production out of China
Nintendo is to move part of the production of its bestselling Switch gaming console away from China, it emerged on Tuesday.
Ceres' revenues and operating income soar as strong commercial activity continues
Fuel cell technology outfit Ceres Power expects its audited results for the year ended 30 June will reveal the group traded ahead of market expectations thanks to continued strong commercial activity.
Shares in Rémy Cointreau fall as chief executive announces departure
The chief executive of Rémy Cointreau has resigned, the French drinks group confirmed on Tuesday.
Premier Asset Management's AUM falls amid 'challenging' industry conditions
Premier Asset Management reported a drop in assets under management in its third quarter as it continued to face challenging conditions.
Costain to deliver redevelopment of Gatwick Airport station
Infrastructure solutions group Costain said on Tuesday that it has been appointed by Network Rail Southern Region to deliver the £150m redevelopment of Gatwick Airport station.
Genedrive shares slide as HCV ID uptake remains 'slow'
Molecular diagnostics firm Genedrive saw diagnostic revenues rise slightly in its last trading year but noted that uptake of its HCV ID kit remained "slow".
Benchmark Holdings CFO stands down after nine years
Aquaculture health and genetics business Benchmark Holdings announced on Tuesday that chief financial officer Mark Plampin would be stepping down after nine years in the role.
Science in Sport revenues soar following PhD acquisition
Performance nutrition company Science in Sport saw revenues skyrocket in the first half of its trading year, driven by its recent acquisition of protein drink manufacturer PhD Nutrition.
Clearstar's 'strong growth' leads to best ever first half revenues
Technology-based services provider Clearstar achieved strong growth in the first half of its trading year, with its highest ever six-month revenue.
Robert Walters Q2 underpinned by international growth as UK profit drops
Recruiter Robert Walters posted a 7% jump in second-quarter net fee income on Tuesday as strength in the international business offset weakness in the UK.
Intu pays down debt as Derby joint venture transaction completes
Intu Properties announced on Tuesday that the conditions for its joint venture for the Intu Derby shopping centre had now been met, and the transaction had completed.
Micro Focus keeps revenue declines in line with guidance
Micro Focus reported a 7. 5% fall in revenue in its interim results on Monday, to $1. 66bn, while its operating profit improved 2. 5% to $32. 6m.
Eddie Stobart H1 results will be at lower end of management views
Logistics company Eddie Stobart warned on Tuesday that first-half earnings before interest and tax are likely to be towards the lower end of management expectations due to slower-than-expected productivity improvements in its contract logistics and warehousing business.
Dechra Pharmaceuticals FY revenue jumps 17%
Dechra Pharmaceuticals reported a jump in full-year revenue on Tuesday, driven in part by its core portfolio.
London open: Stocks edge lower ahead of Powell speech
London stocks edged lower in early trade on Tuesday as investors eyed a speech by Federal Reserve chairman Jerome Powell.
Sports Direct declares Game Digital offer unconditional
Mike Ashley’s Sports Direct has declared its offer for Game Digital unconditional after it got backing from more than half the video game retailer’s shareholders.