Company News
16:31
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Director dealings: Vianet executive chairman raises stake

Vianet revealed on Thursday that executive chairman James Dickson had acquired 25,000 ordinary shares in the London-listed monitoring systems and data management services provider.

16:27
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Unite makes formal complaint against Bakkavor in pay dispute

Shares in food manufacturer Bakkavor dipped on Thursday after Unite filed an ethical trading complaint against the company and reached out to its customers amid an ongoing dispute over pay.

16:11
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The Property Franchise Group upbeat after 'transformational' 2024

The Property Franchise Group reported a transformational 2024 on Thursday, with revenue rising 146% to £67. 2m, driven by organic growth and the acquisitions of Belvoir Group and GPEA.

16:06
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Somero Enterprises ends year in line with guidance

Concrete slab measurement and installation equipment specialist Somero Enterprises reported 2024 full-year revenue of $109. 2m in an update on Thursday, in line with guidance and market expectations.

16:04
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Fintel flags strong full year financial, strategic performance

Fintel reported a strong full-year financial and strategic performance in an update on Thursday, with revenue increasing 21% to £78. 3m, driven by organic growth and acquisitions.

15:35
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MaxCyte announces acquisition of SeQure Dx

MaxCyte announced on Thursday that it has acquired SeQure Dx, a specialist in on-target and off-target editing assessment services for cell and gene therapies, in a move aimed at broadening its offerings in the cell engineering space.

14:51
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UPS shares dive on plans to scale back Amazon deliveries

Shares in UPS tanked on Thursday after the delivery giant announced it is planning to lower volumes with its largest customer, Amazon. com, by at least a half by the end of next year.

14:13
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Mulberry to 'celebrate' Britishness in turnaround plan

Mulberry Group laid out turnaround plans on Thursday, including halting losses and reclaiming its position as a must-have, iconic British brand.

12:39
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Caterpillar posts Q4 earnings beat, warns of 2025 weakness

Caterpillar reported fourth-quarter earnings that exceeded analyst expectations on Thursday, but warned that sales and revenue for 2025 were likely to decline compared to the prior year.

12:36
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Dow to cut 1,500 jobs globally after fourth-quarter loss

Dow announced plans to cut around 1,500 jobs globally as part of a broader cost-reduction initiative aimed at saving $1bn on Thursday.

12:27
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Softer UK markets hit underlying sales at CVS

AIM-listed veterinary services group CVS saw a drop in underlying revenues in its first half, and said it was stepping up its investments in Australia to make up for uncertainty in the UK.

11:58
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LSL Property Services ends year strongly, appoints new CEO

LSL Property Services reported a strong 2024 financial performance on Thursday, with full-year results ahead of expectations and significantly improved from the prior year, as it also announced the appointment of its next chief executive officer.

11:37
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Next15 FY profits seen at bottom end of market expectations

Marketing business Next 15 warned on Thursday that profits for the twelve months ending 31 January would be at the bottom end of expectations despite "an encouraging uptick" in new business wins in the latter half of the year.

11:27
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Novacyt flags strong full-year revenue growth

Novacyt reported strong revenue growth for 2024 in an update on Thursday, with unaudited statutory revenue reaching about £19. 6m, an 85% increase from the prior year's £10. 6m.

11:11
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Tullow Oil considers non-core asset sale to reduce debt pile

Oil and gas exploration firm Tullow Oil said on Thursday that it was exploring a potential sale of its non-core assets as part of an effort to bring its debt below $1. 0bn.

11:03
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Wizz Air cuts full-year profit guidance, shares slide

Wizz Air tumbled on Thursday as it reported a narrowing of its third-quarter losses but cut its full-year profit forecast as it deals with issues related to engine groundings.

11:02
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H&M reports stronger-than-expected fourth quarter

H&M reported stronger-than-expected fourth-quarter earnings on Thursday, signaling progress in its ongoing turnaround strategy.

10:58
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ITM Power narrows interim losses, lifts FY cash guidance

Shares in ITM Power sparked on Thursday as it posted a narrowing of its interim losses and lifted cash guidance for the year.

10:46
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Deutsche Bank profit drops more than expected in 2024

Deutsche Bank reported a sharp drop in fourth-quarter and full-year 2024 profit on Thursday, falling short of market expectations as legal provisions and restructuring costs offset strong investment banking revenue.

10:43
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Metro Bank in talks to offload consumer loan book portfolio

Metro Bank has confirmed it is in talks to offload its performing consumer loan portfolio, as part of a wider plan to refocus on commercial lending.