Latest News
US housebuilder sentiment steady in September - NAHB
Sentiment among US housebuilders was steady in September, according to data released on Tuesday.
RM2 signs smart pallet deal with unnamed Walmart supplier
Smart pallet developer RM2 International has entered into an agreement for the deployment of standard ‘RM2 BLOCKPal’ pallets with an unidentified “household name” in the homewares sector in North America.
SCISYS to provide software for TfL bus programme
Software systems, IT-based solutions and support services supplier SCISYS has signed a contract for around £2m with Trapeze Group to provide software design, development and support services to Transport for London for its timetabling and scheduling as part of its ‘Future Bus Systems’ programme.
MediaZest anticipating maiden net profit in first half
MediaZest updated the market on its current trading on Tuesday, reporting a “strong performance” in the first quarter ended 30 June as expected.
Exane upgrades Spectris, downgrades IMI
Exane BNP Paribas upgraded Spectris but downgraded IMI on Tuesday as it took a look at the UK capital goods sector.
Mosman Oil and Gas 'cautiously' approaches further investment in Arkoma project
Mosman Oil and Gas remain confident that its Arkoma project will bear fruit, but told investors on Tuesday that until steady flow rates can be demonstrated over a period of time, the decision to invest further funds into the asset will be "cautiously approached".
UK regulator calls for social media watchdog
Media regulator Ofcom has issued research backing up the need for statutory regulation on social media after finding that 45% of UK adult internet users admitted to having experienced online harm.
Northgate vehicles on hire jump 13% in first quarter
Van hire company Northgate reported double-digit growth in average vehicles on hire for the first quarter on Tuesday ahead of its annual general meeting.
Summer is kind to big supermarkets but Sainsbury's still lags
Over the summer Sainsbury’s enjoyed its best sales this year, though it was still the slowest growing of the big four, where Asda and Morrisons led the pack but still lost ground to the discounters.
Focusrite continues to grow throughout second half
Focusrite saw revenue, profits and cash grow during the second half of its financial year which it put down to a continued investment in its core categories and new programs.
Asia report: Most markets higher despite continued Beijing-Washington tension
Markets in Asia finished in primarily positive territory on Tuesday, as investors appeared to take a break from consternation over the state of affairs between the US and China.
Ingenta swings to loss as restructuring takes a toll
Publishing software firm Ingenta on Tuesday reported that it had swung to a first half loss as the company "largely completed" a restructuring programme.
EU citizens should not get special immigration treatment post-Brexit, report says
EU immigrants should not receive preferential treatment after Brexit, according a report published by the government’s migration advisory committee on Tuesday.
Fund managers up cash, start to price in more hawkish Fed, BofA-ML says
Global fund managers topped up their holdings of cash and lowered their allocation to global equities, according to the results of Bank of America-Merrill Lynch's fund manager survey for the month of September, especially towards Emerging Markets and Europe.
IWG slumps on Credit Suisse downgrade to 'underperform'
IWG, formerly Regus, tumbled on Tuesday as Credit Suisse cut the stock to 'underperform' from 'neutral' and chopped the price target to 200p from 245p.
Allied Minds launches QuayChain subsidiary to develop smart logistics tech
Allied Minds announced the formation of new subsidiary ‘QuayChain’ on Tuesday.
United Oil raises £3m for new investments through oversubscribed placing
Exploration and development company United Oil & Gas has raised £3m via an oversubscribed placing and subscription with existing and new investors, it announced on Tuesday.
XPS Pensions to expand public sector work with Kier Pensions acquisition
Pensions actuarial, consulting and administration business XPS Pensions Group has, subject to certain conditions, agreed to acquire the assets of Kier Pensions Unit from Kier Business Services - a division of Kier Group - it announced on Tuesday.
Vitec Group buying audio specialist Rycote for up to £8.5m
Broadcast and photographic products and solutions provider, the Vitec Group, has acquired Rycote Microphone Holdings for up to £8. 5m in cash, it announced on Tuesday.