Company News
Thursday preview: ECB decision, US retail sales in the spotlight
Investors' focus on Thursday will be the European Central Bank's interest rate decision.
Tate & Lyle shares soar on report Advent prepping takeover
Shares in food ingredients group Tate & Lyle surged by more than 10% on Wednesday on a report that US private equity group Advent was preparing a bid for the company.
Director dealings: THG CEO snaps up 20m shares
THG revealed on Wednesday that chief executive Matthew Moulding purchased 20. 4m ordinary shares in the London-listed ecommerce retailer.
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.
Norman Broadbent delivers 'resilient performance' in Q3
Professional services firm Norman Broadbent said on Wednesday that it had delivered a "resilient performance" in Q3, with September recording its highest net fee income so far this year.
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.