Latest News
Capita YTD adjusted revenues fall
Professional services company Capita said on Tuesday that adjusted revenues had fallen in the four months ended 31 April as a result of local public service losses and reduced contract activity in defence and education.
German producer prices fall more than expected
Germany wholesale price deflation accelerated more than expected in April, according to figures released by Destatis, the Federal Statistical Office, on Tuesday.
Greencore shares surge on bright outlook, share buyback
Greencore Group's share price surged on Tuesday morning after the convenience food manufacturer reported a huge jump in first-half profits and launched a share buyback programme as it guided to full-year earnings ahead of market forecasts.
Asia report: Hong Kong leads region-wide losses
Asia-Pacific markets saw broad declines on Tuesday, led by significant losses in Hong Kong amid sharp falls in basic materials and industrial stocks.
Bellway finance director to stand down
Housebuilder Bellway said on Tuesday that group finance director Keith Adey will step down from the role.
Entain to offload Crystalbet after strategic review
Gambling giant Entain announced the end of a strategic review by its capital allocation committee (CapCo) on Tuesday, which assessed its portfolio to optimise shareholder value and leverage operational progress, confirming that it would now look to offload its Georgian brand Crystalbet.
Judges Scientific reports subdued start to year
Scientific instrument specialist Judges Scientific reported a subdued start to the year in an update on Tuesday, but said it was optimistic that it would still meet full-year consensus expectations.
Pennon reports revenue growth amid Brixham water crisis
Embattled water utility Pennon Group reported strong financial and operational results for the 2024 financial year on Tuesday, but worked to reassure shareholders and customers amid a contamination crisis in its supply area.
UK grocery price inflation eases to lowest since October 2021 - Kantar
UK grocery price inflation fell for the fifteenth month in a row in the four weeks to 12 May, to 2. 4%, its lowest level since October 2021, according to data released on Tuesday by Kantar.
Assura reports rent growth, enters £250m joint venture
Specialist healthcare property investor and developer Assura reported a rise in full-year net rental income on Tuesday, along with a strategic £250m joint venture with the Universities Superannuation Scheme (USS).
SSP reinstates interim dividend but profits drop
Upper Crust and Ritazza owner SSP was under the cosh on Tuesday as it reinstated its interim dividend but posted a drop in first-half profits.
Cranswick FY profits rise as investment bears fruit
Food producer Cranswick posted a jump in full-year profit and revenue on Tuesday as its investment programme bears fruit.
Fresnillo optimistic despite 'challenging environment'
Fresnillo reported increased silver production and gold output in line with guidance in an update on Tuesday, despite the nearing end of the Noche Buena mine, although its gross profit took a hit in 2023.
Europe open: Markets rangebound ahead of a quiet session
European stocks inched lower on Tuesday morning as markets continue to trade sideways after hitting record highs last week.
London open: Stocks fall ahead of more Fed commentary
London stocks fell in early trade on Tuesday as investors mulled the latest comments from US Federal Reserve officials and looked ahead to more speeches later in the day.
Vistry to construct partner-funded scheme in Ealing
House-building company Vistry Group has been selected by Sovereign Network to construct and deliver a 100% partner-funded scheme at Merrick Place in Ealing worth £157. 0m.
Dowlais FY revenues seen 'slightly below' prior year
Engineering group Dowlais warned on Tuesday that full-year revenues were likely to be "slightly below" FY23 as a result of "increased volatility".
Smiths Group sees organic growth accelerate in Q3
Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the engineering firm reaffirmed its growth expectations for the full year.
GSK reports promising results from asthma treatment trials
GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.
XP Power rejects £468m takeover proposal from Advanced Energy
Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.