Full List Of Stories
Verizon beats expectations on revenue and earnings
American communications giant Verizon beat earnings expectations for the second quarter on Wednesday, reporting adjusted earnings of $1. 37 per share.
US close: Stocks manage positive finish after Monday plunge
Wall Street stocks finished firmer on Tuesday, as major indices crawled back some of the heavy losses recorded in the previous session.
London close: Stocks finish higher after solid company updates
London stocks finished in positive territory on Wednesday, though the top-flight index slipped just below the 7,000-point level late in the session, as investors mulled the latest UK borrowing figures, with solid updates from the likes of Next and Future helping to boost sentiment.
Fonix Mobile ends year 'comfortably in line' with forecasts
Mobile payments and messaging company Fonix Mobile said in a trading update on Wednesday that revenue and profit had continued to grow over the year just ended, and remained “comfortably in line” with its expectations since its admission to trading on AIM in October.
Ariana upbeat on latest drilling at Kepez North
Europe-focussed mineral exploration and development company Ariana Resources announced a drilling and resource update for the Kepez North area of the Kiziltepe Sector on Wednesday.
Arena Events repays shareholder financing early
Arena Events Group has agreed to repay and cancel the short-term financing facility with its significant shareholder Lombard Odier Investment Management (LOIM), it announced on Wednesday.
MySale flags underlying earnings ahead of expectations
Online retailer MySale reported group underlying EBITDA ahead of market expectations in a trading update on Wednesday, at AUD 4. 2m (£2. 25m), making for an improvement of AUD 6. 9m from the loss of AUD 2. 7m it recorded in the 2020 financial year.
PCI-PAL ends year with 'substantial increase' in revenue
Cloud payment technology company PCI-PAL said on Wednesday that, after a “strong year” of trading, it now expected to announce revenues of about £7. 3m, making for a “substantial increase” of 66% over the prior year.
Tristel starting to see signs of market recovery
Infection prevention products manufacturer Tristel said in a trading update on Wednesday that as the fourth quarter progressed, demand for its device-based products accelerated as hospital outpatient departments gradually returned to pre-pandemic levels of activity.
EKF Diagnostics reports continued strong trading
Point-of-care company EKF Diagnostics said on Wednesday that the strong trading it reported at the beginning of the year had continued through the second quarter.
Asia report: Markets mixed as Japan exports beat forecasts
Stock markets in Asia closed in a mixed state on Wednesday, as investors reacted to a rebound on Wall Street overnight, and digested fresh economic data out of Japan and Australia.
Bloomsbury trades strongly in first four months
Bloomsbury reported “strong trading” for the first four months of its financial year on Tuesday, with year-on-year sales growth of 28%, maintaining momentum from the prior year's “outstanding” performance.
Loungers outperforms since reopening after swinging to adjusted losses
Bar and restaurant operator Loungers reported a 52. 9% fall in revenue in its preliminary results on Wednesday, to £78. 35m, though it was seeing a “significant outperformance” since reopening its locations on 17 May.
Speedy Hire maintains positive momentum in first quarter
Tools, equipment and plant rental company Speedy Hire said in a trading update on Wednesday that market conditions had remained “favourable” since year-end, as it traded in line with its own expectations.
Strength in Vimto brand underpins first half for Nichols
Soft drinks maker Nichols reported a 13. 8% improvement in group revenue in its first half on Wednesday, to £67. 4m.
Intertek buys Brazil testing firm JLA
Intertek Group has acquired JLA Brazil, it announced on Wednesday, which provides food, agri and environmental testing solutions, and is based in Brazil.
Next lifts profit guidance, Intertek buys Brazil's JLA
London open The FTSE 100 is expected to open 32 points higher on Wednesday, having closed up 0. 54% at 6,881. 12 on Tuesday.