Latest News
US pre-open: Futures trade lower as Q1 earnings season continues
Wall Street futures were in the red ahead of the bell on Wednesday after the Dow Jones registered its fifth-straight winning session.
Toyota projects fall in profits after bumper fourth quarter
Toyota Motor projected a 20% decrease in profit for the current financial year on Wednesday, as it planned large investments in both suppliers and strategic initiatives after a strong fourth-quarter performance.
Andrews Sykes profit rises, revenue falls
Shares in Andrews Sykes Group were in the green on Wednesday, after it reported a mixed set of results for the 2023 financial year.
Europe midday: Investors shrug off German data; DAX and FTSE march on
European shares extended gains at midday on Wednesday amid another dump of corporate earnings and a smaller-than-expected fall in German industrial output.
London midday: Stocks maintain gains amid weaker pound; BoE eyed
London stocks were still in the black by midday on Wednesday, with a weaker pound providing a boost ahead of the Bank of England’s latest policy announcement this week.
Shares jump as Siemens Energy ups outlook
Shares in Siemens Energy sparked on Wednesday, after the German group upped its full-year outlook on the back of strong quarterly numbers.
Ocean Wilsons reports strong first quarter
Ocean Wilsons issued a strong first-quarter update on Wednesday, reporting that as of 31 March its investment in Wilson Sons stood at $890. 2m, translating to $25. 17, or £19. 94, per share.
Eric Sanderson appointed as chair of Digital 9
Digital 9 Infrastructure announced the appointment of Eric Sanderson as its independent non-executive chair on Wednesday, to oversee the company’s wind-down.
UBS upgrades Centrica, sees shares as 'cheap'
UBS has upgraded its rating for British Gas owner Centrica from 'neutral' to 'buy', saying that the stock carries too large a discount associated with its capital deployment plans.
Ithaca Energy in line for potential credit rating upgrades
UK North Sea oil and gas operator Ithaca Energy said in an update on Wednesday that both Moody's Ratings and Fitch Ratings were considering an upgrade to its corporate family rating.
STV Studios wins three BBC Daytime commissions
STV Group announced on Wednesday that its STV Studios division has secured three recommissions from BBC Daytime.
Plant Health Care FY revenues down, US sales boost YTD performance
Peptides provider Plant Health Care said on Wednesday that although full-year revenues were down in 2023, US sales throughout the first four months of FY24 had boosted year-to-date revenues.
Brighton Pier Group swings to loss
Brighton Pier Group said on Wednesday that it swung to a full-year loss as revenue fell amid challenging trading conditions.
Sweden's Riksbank trims interest rates
Sweden’s central bank trimmed interest rates on Wednesday, for the first time since 2016.
JD Wetherspoon sees FY profits at top of market forecast
Pub group JD Wetherspoon said on Wednesday that full-year profits were set to be towards the top of market expectations as it reported a jump in third-quarter sales, boosted by sales of traditional ales and Guinness.
Burberry CFO to take short leave of absence
Burberry said on Wednesday that chief financial officer Kate Ferry will be taking a short leave of absence after undergoing "unscheduled surgery".
AB Inbev's Q1 volumes fall less than expected
Shares in Anheuser-Busch InBev were rising strongly in Brussels after the Belgian beverages giant reiterated its full-year guidance following better-than-expected first-quarter volumes.
Asia report: Japan leads losses as Toyota, Nintendo flag weakness
Stock markets in the Asia-Pacific region were in a mixed state on Thursday, with Japan’s markets leading the decliners, as investors thumbed through a series of earnings reports from the region.
MaxCyte reports strong first quarter
MaxCyte reported total first-quarter revenue of $11. 3m in an update on Wednesday, making for a 32% increase compared to the same period in 2023.
Lords Group names Stuart Kilpatrick as new CFO
Building materials business Lords Group has appointed Stuart Kilpatrick as its next chief financial officer.