News And Announcements
Marshalls shares surge as sales growth contraction eases in Q3
Shares in Marshalls surged as the landscaping and building materials supplier held annual guidance and indicated that the contraction on sales growth had eased in the third quarter amid a weak economic backdrop.
Eco Buildings receives first confirmed order under Egeu Stone contract
Modular housing company Eco Buildings Group announced on Wednesday that it has received its first confirmed order under its contract with Egeu Stone, marking a significant milestone.
Tertiary Minerals completes inaugural drilling at Mushima North
Tertiary Minerals announced on Wednesday that it has completed its inaugural drilling programme at the Mushima North Copper Project in Zambia.
Ryanair braced for delivery delays as problems mount at Boeing - O'Leary
Ryanair could be forced to trim its 2025 traffic outlook, it was reported on Wednesday, on the back of mounting problems at key supplier Boeing.
Image Scan finalises £3m UK defence contract
Image Scan announced the finalisation of a significant contract with UK defence contractor NP Aerospace on Wednesday, for the supply of its ‘ThreatScan’ portable x-ray system.
Shares under pressure as government, FCA probe car insurance
Shares in UK motor insurance firms fell on Wednesday, after two investigations into the sector were announced simultaneously.
New ITM Power finance chief to start in early January
ITM Power confirmed on Wednesday that Amy Grey would assume the role of chief financial officer on 6 January, earlier than previously anticipated.
Vertu Motors revenue rises, profit slips in first half
Vertu Motors reported a resilient first-half performance on Wednesday, with revenue increasing 2. 9% to £2. 49bn, compared to £2. 42bn in the first six months of the 2024 financial year.
Hutchmed reports positive results from AstraZeneca lung cancer collaboration
Hutchmed China announced positive results from its Savannah phase two trial on Wednesday, which studied the combination of ‘Tagrisso’, or osimertinib, and ‘Orpathys’, or savolitinib, in treating patients with epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC), who had high levels of MET overexpression or amplification and whose disease progressed after treatment with Tagrisso.
Supermarket sales spark as festive shopping gets underway
Supermarket sales sparked in September, industry data showed on Wednesday, as shoppers stocked up on Halloween treats and early Christmas bargains.
XPS Pensions upbeat on strong half-year trading
XPS Pensions reported strong trading for the six months ended 30 September on Wednesday, with revenue from continuing operations up 23% year-on-year.
Quilter flags strong third quarter
Quilter reported strong third quarter net inflows of £1. 4bn in an update on Wednesday, significantly outpacing the first and second quarter levels and marking record quarterly net inflows of £1. 5bn on its platform.
Whitbread shares rise as divi lifted, buyback extended
Shares in Premier Inn owner Whitbread on Wednesday jumped as the hotel and restaurant owner lifted its half-year dividend and said it would buy back an additional £100m in shares, despite a fall in earnings.
Mony Group confident despite third-quarter revenue slip
Mony Group reported a 2% year-on-year decline in third-quarter revenue in a trading update on Wednesday, largely due to underperformance in its travel and home services divisions.
Oxford Instruments reports strong first-half demand
Oxford Instruments reported strong demand and order intake growth in a half-year trading update on Wednesday.
Shares fall after LVMH sales disappoint
Shares in Europe’s luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France’s LVMH missed expectations.
Stellantis shipments tumble 20% in third quarter
Vehicle deliveries at Stellantis dropped by 20% in the third quarter due to inventory reduction in North America and delayed product launches in Europe – its two largest markets.
Primary Health Properties rent growth slows amid falling inflation
Healthcare facilities investor Primary Health Properties reported an additional £2. 7m in rental income in a third quarter update on Wednesday - a slight decrease compared to £3. 3 million for the same period in 2023.
Third-quarter iron ore production ticks higher at Rio Tinto
Anglo-Australian miner Rio Tinto left its annual iron ore forecasts unchanged on Wednesday, after third quarter production edged higher.
GSK UTI treatment gets FDA priority review status
GSK announced on Wednesday that the US Food and Drug Administration (FDA) has accepted its new drug application (NDA) for gepotidacin, a first-in-class oral antibiotic, under priority review.