Headline News
German investor sentiment deteriorates more than expected - ZEW
German business sentiment deteriorated more than expected in September, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Kingfisher shares jump as FY profit range tightened
Shares in Kingfisher surged on Tuesday as the B&Q owner lifted the lower end of full year profit guidance despite consumers avoiding ‘big ticket’ items and a sharp fall in sales at its French outlets.
JTC shares slide despite solid first-half results
JTC, a global provider of fund, corporate, and private client services, saw its shares slide on Tuesday morning, even after it announced robust interim results for the six months ended 30 June.
Urban Logistics refinances £151m facility, acquires four assets
Urban Logistics REIT announced the successful refinancing of its £151m debt facility on Tuesday.
Essentra FY profit to miss market expectations
Essentra warned on Tuesday that full-year adjusted operating profit would be below market expectations, pinning the blame partly on softer market conditions in Europe in August and into September.
Microsoft announces $60bn buyback, hikes dividend
Microsoft announced the launch of a share buyback of up to $60bn late on Monday, as it hiked its quarterly dividend.
BAT makes leadership changes as part of 'tobacco harm reduction' focus
British American Tobacco (BAT) announced a number of leadership changes on Tuesday, aimed at accelerating its strategy to build a smokeless future and enhance sustainability.
Playtech to sell Italian business to Flutter for €2.3bn
Gambling technology firm Playtech said on Tuesday that it has agreed to sell its Italian business, Snaitech, to Paddy Power owner Flutter Entertainment for €2. 3bn in cash.