Company News
Wednesday preview: FOMC minutes, Fed speak in focus
The market spotlight in the middle of the week will continue to be trained on the US central bank.
Director dealings: Ramsdens chairman lowers stake
Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker.
ECR Minerals reports encouraging test results from Blue Mountain Project
ECR Minerals announced highly encouraging results from test work at the Blue Mountain Project in Queensland on Tuesday, revealing a 91. 7% gold recovery rate from ore samples using a single-stage gravity recoverable gold (GRG) process.
Intercede reports strong half-year revenue growth
Cybersecurity software company Intercede reported strong revenue growth for the six months ended 30 September in an update on Tuesday.
Gooch & Housego reports strong second half of trading
Gooch & Housego, a specialist manufacturer of photonic components and systems, reported a strong second half of trading in an update on Tuesday, in line with market expectations.
IQE appoints Mark Cubitt as its new chair
Compound semiconductor wafer products and advanced material solutions IQE announced the appointment of Mark Cubitt to its board on Tuesday, as an independent non-executive director and chair-elect.
Fusion Antibodies reports positive recent trading
Fusion Antibodies reported positive trading in an update on Tuesday, highlighting significant progress for the first half of its financial year.
GenIP reports encouraging initial demand for GenAI services
GenIP, a technology company specialising in generative artificial intelligence (GenAI) services, announced encouraging initial results on Tuesday, following the launch of its enhanced GenAI services on 1 September.
PepsiCo cuts revenue outlook again
PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter.
PetroTal reports strong third quarter performance
PetroTal reported a strong third quarter operational and financial performance on Tuesday, with average production of 15,160 barrels of oil per day, a 39% increase compared to a year earlier.
GSK's Arexvy provides protection over three RSV seasons, trial shows
GSK has announced positive results from a phase III trial of its Arexvy RSV vaccine, showing that just one dose of the treatment could help protect older adults at risk of RSV disease over three seasons.
Brooks Macdonald buys financial planning firm Lift for up to £45m
Brooks Macdonald said on Tuesday that it has agreed to buy financial planning firm Lift for up to £45m.
Angling Direct impresses with first-half growth, current trading
Shares in fishing tackle and equipment group Angling Direct rose strongly on Tuesday after the specialist retailer impressed with double-digit profit growth in the first half, and revealed an impressive performance over recent weeks.
Kooth slides as Root Capital sells 3.7m shares in placing
Kooth tumbled on Tuesday after Root Capital sold just over 3. 75 million shares in the company in a placing.
Gulf Keystone announces $20m dividend, $10m share buyback
Gulf Keystone Petroleum announced a $20m interim dividend and the launch of a share buyback programme worth up to $10m on Tuesday.
S&U revenue up, profitability a challenge in first half
Motor and property finance specialist S&U reported a mixed first-half financial performance on Tuesday, after group revenue increased 9% year-on-year to £60. 4m.
China to impose anti-dumping measures on EU brandy, drink stocks slump
Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week.
Loungers reports slight slowdown in LFL sales growth
Cosy Club owner Loungers reported a slight slowdown in like-for-like sales growth on Tuesday and a jump in revenue.
Ofwat tells water firms to improve immediately after £158m in penalties
Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157. 6m in penalties this year.
Motorpoint swings back to profit in first half
Motorpoint Group reported a strong first half in an update on Tuesday, returning to profitability after posting a loss in the same period last year.