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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 a strong performance in the US.
Chevron preparing to sell UK North Sea oil and gas assets - report
Chevron is reportedly set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy firm’s exit from the ageing basin after more than 55 years.
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.
Thames Water's biggest shareholder withdraws from board
Thames Water’s largest shareholder has withdrawn its representative from the crisis-hit utility's board, it was confirmed on Thursday.
EC launches formal probe into how Meta protects minors
The European Commission has launched formal proceedings to investigate whether Meta may have breached the Digital Services Act (DSA) through how it treats and protects minors on Facebook and Instagram.
US pre-open: Futures little changed as major indices hit record highs
Wall Street futures were slightly higher ahead of the bell on Thursday as cooler-than-expected inflation data helped push major indices to fresh record highs.
Angle reports promising results from Parsortix study
Angle, the AIM-listed liquid biopsy company which specialises in circulating tumour cell (CTC) solutions, has announced the results of a clinical study which show that its Parsortix system could be used to predict progression-free survival in patients with ovarian cancer.
Redecentric FY earnings grow, four 'larger customers' unexpectedly cancel contracts
Cyber security firm Redcentric said on Thursday that both revenue and earnings had grown in the year ended 31 March but noted it had experienced installation delays at the London Technology Centre and contract cancellations by several large customers.
Europe midday: Shares down despite bullish Wall St, US data; Ex-divs weigh
European shares were lower as heavyweight stocks trading ex-dividend dragged on the benchmark Stoxx 600 index and investors digested US CPI data from Wednesday.
London midday: FTSE stays down as ex-divs weigh; Sage tumbles
London stocks were still a little weaker by midday on Thursday amid a deluge of corporate news, dragged lower by ex-dividend shares.
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.