Latest News
Accsys Technologies CFO departs after 13 months
AIM-listed Accsys Technologies has announced that its chief financial officer is leaving the wood products group after just a year in the role.
Japan GDP contracts more than expected, clouds BoJ rate plans
Japan’s economy unexpectedly shrank in the first quarter as consumers tightened their belts in response to stagnant wage growth, companies cut spending and exports fell.
US healthcare firm AOTI planning £160m London float - report
US woundcare technology developer AOTI is reportedly preparing to push the button on a London stock market flotation next month.
Roche sees positive results from weight-loss trials
Roche reported positive trial results for its experimental weight loss treatment on Thursday, sending shares in the Swiss drugs group higher.
Barclays upgrades on Travis Perkins to 'overweight'
Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Asia report: Markets rise despite deeper Japan GDP contraction
Asia-Pacific markets saw gains on Thursday, buoyed by Wall Street's record performance overnight driven by lower-than-expected inflation data in the US.
Berenberg lowers target price on Treatt, stays at 'buy'
Analysts at Berenberg cut their target price on food ingredients manufacturer Treatt from 700. 0p to 580. 0p on Thursday as its "slow start" to FY24 resulted in a downgrade to full-year revenue growth guidance.
Water Intelligence continues on 'solid growth trajectory'
Leak detection and remediation solutions provider Water Intelligence said on Thursday that its "solid growth trajectory" had continued over the three months ended 31 March in terms of both revenue and profits.
Tullow Oil on track to hit production and cash flow guidance
Tullow Oil has said it's on track to deliver full-year guidance and remains well placed to capitalise on a higher oil-price environment.
Diaceutics strikes two new enterprise-wide agreements
Technology and solutions provider Diaceutics has struck two new enterprise-wide agreements, taking the total number to six engagements, across 29 separate therapeutic brands.
Costain YTD trading in line with internal expectations
Construction and engineering company Costain said on Thursday that its year-to-date trading performance was in line with internal expectations, with the group continuing to have "a high-quality forward work position".
United Utilities FY profits grow amid Windermere sewage spill controversy
United Utilities said on Thursday that both revenue and operating profits had grown in the twelve months ended 31 March as it continues to be engulfed in a massive sewage spill controversy.
Future to return £45m to investors, shares soar
Future unveiled plans to return a further £45m to shareholders on Thursday, sending the shares higher, despite a fall in half-year revenues and profits.
London open: FTSE falls as ex-dividend stocks weigh
London stocks fell in early trade on Thursday amid a deluge of corporate news, dragged lower by ex-dividend shares.
Siemens revenue stable despite fall in orders
Siemens reported relatively stable revenue in its second quarter on Thursday, despite a 12% decline in comparable orders, reflecting a high volume of large orders in the mobility segment.
Watches of Switzerland shares surge on 'cautiously optimistic' outlook, Q4 sales
Shares in Watches of Switzerland surged 15% on Thursday as the luxury timepiece retailer said it was “cautiously optimistic” about future trading after a 4% rise in sales in the final quarter of its financial year driven by the US.
Europe open: Stocks fall as ex-divs drag on corporate news
European shares were lower at the open as heavyweight stocks trading ex-dividend dragged on the benchmark Stoxx 600 index and investors digested US CPI data from Wednesday.
First-quarter earnings jump at Helios Towers
Telecom equipment specialist Helios Towers reiterated its full-year outlook on Thursday, after a jump in first-quarter earnings.
Convatec shares slump on wound care uncertainty
Shares in medtech group Convatec slumped on Thursday despite the company keeping its top-level guidance for 2024, though growth forecasts in the Advanced Wound Care division have been reduced due to "short-term uncertainty".
Rental income rises as Grainger reports robust demand
Listed residential landlord Grainger reported an 11% increase in first-half net rental income on Thursday, to £53. 2m, continuing its upward trajectory since its ‘strategic restart’ in 2016.