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Canaccord Genuity raises target price on Star Energy
Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55. 0p to 66. 0p on Wednesday, taking account of new commodity assumptions.
Jet2 summer bookings rise, warns of more competitive pricing
Package holidays provider Jet2 warned on Wednesday that pricing had become more competitive in recent months but said summer bookings had grown year-on-year.
Lloyds Bank holds guidance as Q1 profit falls £28% on margin squeeze
Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Filtronic shares rocket after inking SpaceX partnership
Filtronic's shares rocketed after announcing that it had entered into a supply agreement with SpaceX.
Nichols Q1 revenues fall as international sales drop
Soft drinks group Nichols has held on to full-year forecasts despite a mixed performance in the first quarter which saw group revenues fall nearly 6%.
Reckitt on track to deliver FY targets as Q1 LFL sales rise
Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.
Gear4music trades in line, gross margins and profitability improves
Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having delivered both gross margin and profitability improvements.
Warpaint hails record full-year profits and sales
Warpaint - the owner of the W7 and Technic brands - hailed record full-year sales and profits on Wednesday following "significant" growth in all its geographic regions.
Heineken sees volumes jump, maintains cautious tone
Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a “challenging and uncertain” economic outlook.
Apax Global Alpha to invest €8m in IANS
Investment firm Apax Global Alpha said on Wednesday that it intends to invest roughly €8. 0m in order to acquire research and advisory services business IANS.
Quilter hails rising market sentiment in Q1 as inflows surge
Wealth management firm Quilter saw shares rise on Wednesday after reporting that improving equity markets drove a strong performance in the first quarter.
German business sentiment improves in April - Ifo
German business sentiment improved in April, according to a survey released on Wednesday by the Ifo Institute.
Breedon Q1 revenues drop amid macro uncertainty, wet weather
Construction material group Breedon said on Wednesday that trading had been impacted by wet weather conditions throughout the first three months of the year, leading to a fall in quarterly revenues.
Passenger numbers soar at Heathrow
Heathrow posted an historic surge in passenger numbers on Wednesday, but warned that current government policies were "curtailing" the UK's competitiveness.
GSK's endometrial cancer drug receives FDA approval
Drugmaker GSK said on Wednesday that the US Food and Drug Administration has accepted a supplemental Biologics License Application for Jemperli, its drug aimed at treating endometrial cancer.
Europe open: Shares up amid Q1 updates, but Nagel comments weigh
European shares edged higher at the open on Wednesday as the UK's FTSE 100 posted another intra-day record, but comments from a European Central Bank policy maker on rate cuts also tempered sentiment.
London open: Reckitt, mining stocks push FTSE 100 to new heights
UK stocks reached another record on Wednesday morning as strong gains from Reckitt Benckiser and the mining sector provided a lift early on.
Mitie slumps as Alchemy sells 40m shares in placing
Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.
Abrdn AUM rises 3% in first quarter as flows rebound
Investment manager Abrdn recorded net inflows of £800m in the first quarter of the year, driven by stronger markets.
Fresnillo retains guidance despite drop in Q1 output
Shares in silver miner Fresnillo dipped on Wednesday after the company reported a drop in both gold and silver output over the first three months of the year.