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Latest News
26 Mar
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Around 3m EU citizens 'face legal limbo' after Brexit

Around 3m EU citizens will face a “legal limbo” and risk losing free movement, housing and social security rights after Brexit revealed a parliamentary report from parliament's Joint Committee on Human Rights.

26 Mar
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US pre-open: Stocks seen up ahead of data slew; Bed Bath & Beyond surges

US stock futures pointed to a firmer open on Wall Street on Tuesday as investors eyed a slew of data releases.

26 Mar
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Tern investment wins contract with pharma group

Internet-of-things investor Tern has seen one of its portfolio companies receive an initial order valued at more than £150,000 from an unnamed major pharmaceutical company.

26 Mar
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London midday: Stocks maintain gains as pound pops higher

London stocks were still in the green by midday on Tuesday, helped along by a solid performance from the housebuilding sector, while sterling popped higher as hardline Brexiteer Jacob Rees-Mogg signalled that he would back Theresa May's Brexit deal.

26 Mar
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Asia report: Most markets rise as investors shrug off economic concerns

Most markets in Asia bounced higher on Tuesday, following a session of heavy losses on Monday, as investors appeared to shrug off weakness on Wall Street overnight.

26 Mar
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Boku's revenues leap to squash losses

Boku Inc's shares leapt on Tuesday after increased volumes and active client numbers led to soaring revenues, helping the direct carrier billing company narrow its annual losses.

26 Mar
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UK mortgage approvals tumble to six-year low

Mortgage approvals have slumped to a near six-year low, industry data showed on Tuesday, as heightened Brexit uncertainty rattled the UK housing marking.

26 Mar
Rolls-Royce, jet engine, aircraft, aerospace
JPMorgan cuts Rolls-Royce target price, cites soft EBITA margin guidance

JPMorgan Cazenove cut its price target on Rolls-Royce to 650p from 700p as it made additional cuts to its earnings per share estimates, citing soft guidance on the company's EBITA margins.

26 Mar
Avon Rubber, gas masks, protection
Avon Rubber wins large US military contract

Avon Rubber announced on Tuesday that its Avon Protection division has been awarded a sole source contract to supply the US Department of Defense (DoD) with the ‘M53A1’ mask and powered air system, and related accessories.

26 Mar
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Acquisitions help drive Premier Technical Services Group earnings higher

Specialist services provider Premier Technical Services Group reported a 31% improvement in group revenue in its final results on Tuesday, to £69. 1m.

26 Mar
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XLMedia earnings fall as it switches focus to higher-margin publishing

Digital performance marketing services provider XLMedia reported a 14. 4% fall in revenue to $117. 9m in its final results on Tuesday, which the board said was impacted by “operational challenges” in the year.

26 Mar
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Access Intelligence swings to profit as it expands via ResponseSource purchase

Communications and reputation management software-as-a-service supplier Access Intelligence reported a 10. 2% improvement in revenue in its final results on Tuesday, to £8. 89m, adding that excluding its ResponseSource acquisition, revenue increased 7. 5% to £8. 67m.

26 Mar
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Debenhams jumps as Sports Direct mulls cash offer

Mike Ashley's Sports Direct said on Monday night that it was considering a possible cash offer for Debenhams in order to avert a refinancing process by the department store group that could wipe out its 30% stake.

26 Mar
Oil rig, oil & gas, drilling
ADES International buys last four rigs from under Weatherford deal

Oil and gas drilling and production services provider ADES International Holding has completed the acquisition transaction with Weatherford International and receipt of the final two onshore rigs in Algeria, it announced on Tuesday, with a further two rigs delivered outside of Southern Iraq for relocation to Saudi Arabia.

26 Mar
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Albert Technologies shares dive as losses widen

Albert Technologies reported continued progress in deploying its artificial intelligence marketing platform ‘Albert’ in its final results on Tuesday, meeting its budget expectations as revenue increased almost threefold to $4. 6m, from $1. 7m year-on-year.

26 Mar
FCA
FCA moves to set thousands of mortgage prisoners free

The financial regulator is proposing changing affordability assessments as part of package of measures aimed at helping so-called mortgage prisoners.

26 Mar
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ValiRx shares surge as ValiSeek joint venture makes solid progress

Clinical stage biotechnology company ValiRx saw its shares surge on Tuesday morning, after it updated the market on its subsidiary joint venture ‘ValiSeek’, and its cancer therapeutic ‘VAL401’.

26 Mar
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Moss Bros swings to annual loss in 'challenging' conditions

Shares in Moss Bros slumped on Tuesday after the menswear specialist scrapped its final dividend as it said it swung to a full-year loss in "challenging" conditions and struck a cautious note on the outlook.

26 Mar
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Grafenia acquires Birmingham designers

Printing outfit Grafenia acquired Birmingham-based design agency Artichoke Design for an undisclosed amount on Tuesday.

26 Mar
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Fevertree confident of overseas growth, as UK margins diluted

Drinks mixer maker Fevertree's profit margins were slimmer last year as a result of Britain's new sugar tax, but management said trading in early 2019 was in line with expectations.