News And Announcements
UK consumer confidence subdued - GfK
Consumer confidence remained subdued in July, a long-running survey showed on Friday, as people adopted a "wait and see" approach following the general election result.
Chipmaker TSMC lifts sales guidance as AI boom continues
Apple and Nvidia supplier TSMC lifted its sales guidance for the full year on Thursday as demand for its chips continues to be supported by the ongoing AI boom.
Meta reportedly in talks to buy stake in Ray-Ban maker EssilorLuxottica
Facebook parent company Meta is reportedly in discussions to buy a 5% stake in Italian-French eyewear maker EssilorLuxottica as the social-media giant looks to deepen its ties with the company that makes its Ray-Ban Meta smart glasses.
Craneware full-year revenue set to top expectations
US healthcare management and support specialist Craneware reported a strong full-year sales performance in an update on Thursday, driven by ongoing investment in the Trisus platform and successful partner programmes, resulting in significant returns for its US healthcare provider customers.
Boku reports strong first half, appoints new finance chief
Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.
Midwich revenue rises, earnings fall in first half
Specialist audio-visual distributor Midwich Group reported a robust first-half revenue performance on Thursday, but a fall in earnings amid challenging market conditions.
Domino's Pizza shares tank as Q2 sales underwhelm
Shares in Domino's Pizza tanked in pre-market trading on Thursday after the American takeaway pizza chain missed the mark with its quarterly sales figures and suspended its targets for store openings.
Sequoia Economic Infrastructure refinances revolving credit facility
Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.
Nokia reports weakest quarterly sales in nine years
Nokia's stock was under heavy selling pressure on Thursday after the Finnish telecoms group posted its lowest quarterly net sales figure in nearly a decade and reported a big drop in profit as investments in 5G equipment waned.
Banks must improve treatment of politicians - FCA
The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.
Capital Limited reports solid first-half revenue growth
Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16. 6% year-on-year to $89. 2m, and first-half revenue up 9. 8% to $169. 4m.
Octopus Renewables agrees sale of Swedish wind farm
Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.
PensionBee announces expansion into US market
PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.
Aldo Bisio steps down as CEO of Vodafone Italy
Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.
Anglo American cuts coal guidance after Australia fire
Anglo American on Thursday held annual copper and iron ore production guidance unchanged after a second-quarter update, but cut steelmaking coal output forecasts after a fire at its Grosvenor mine in Australia last month.
Pollen Street takeover of Mattioli Woods on track
Pollen Street Capital’s acquisition of Mattioli Woods has taken another step towards completion, it was confirmed on Thursday.
Portmeirion buoyed by strong US trading, shares jump
Shares in Portmeirion Group rallied on Thursday, after strong trading in the US saw the ceramics manufacturer reiterate full-year guidance.
Pharos reports first half of strong progress
Pharos Energy reported group revenue of $65m in a first half update on Thursday, while cash balances stood at $31m as of 30 June, compared to $32. 6m at the end of 2023.
Centamin completes Sukari waste stripping programme ahead of schedule
Gold miner Centamin said on Thursday that it Capital Ltd has completed its 120. 0m tonne four-year contract waste stripping programme at its Sukari mine in Egypt ahead of schedule.