Latest News
BAE Systems on track to meet annual guidance
UK defence group BAE Systems said it was on track to meet 2021 guidance as its air, maritime, electronic systems and intelligence and security divisions continued to perform strongly.
Eurozone inflation rises as energy costs jump
Inflation in the eurozone rose to 1. 6% as expected in April as energy prices rose, official figures showed.
BP, ENI in talks to merge Angola oil & gas interests
BP and Eni on Wednesday said they had start talks on a potential merger of their oil and gas operations in Angola.
C&C Group rallies on Berenberg upgrade to 'buy'
Berenberg upped its stance on shares of drinks company C&C Group to ‘buy’ from ‘hold’ on Wednesday, hiking the price target to 345p from 181p as it pointed to "catalysts galore" for the branded portfolio.
Lockdown plunges Marston's deeper into the red
Marston’s saw revenues plunge during the first half, after lockdown restrictions closed its pubs and pushed it deeper into the red.
Strong trading continues in new year for Alliance Pharma
Alliance Pharma updated the market on its trading on Wednesday, reiterating that the year had started well, adding that it was continuing to see some “strong performances” from its key brands.
Silence Therapeutics reveals positive data from SLN124 study
Silence Therapeutics announced positive topline data from the ‘GEMINI’ phase 1 study of its wholly-owned product candidate ‘SLN124’ in healthy volunteers on Wednesday.
Sigmaroc trades ahead of internal expectations in Q1
Construction materials firm Sigmaroc said on Wednesday that despite ongoing disruptions caused by the Covid-19 pandemic, trading across the group in the first four months of the year had been ahead of internal expectations.
EKF Diagnostics trading well as it starts looking beyond pandemic
Point-of-care company EKF Diagnostics updated the market on its trading on Wednesday, following its most successful year to date in 2020, with record turnover and profits.
Knights Group FY revenues projected to exceed consensus estimates
Legal and professional services business Knights Group said on Wednesday that full-year revenues were expected to be in excess of consensus estimates of £100. 8m, representing a minimum year-on-year increase of 36%.
Renalytix AI enters new partnership in America's 'diabetes belt'
Renalytix AI announced a partnership with Atrium Health, Wake Forest Baptist Health and Wake Forest School of Medicine on Wednesday, to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure in high-risk populations.
Ninety One sees £200m in outflows as AUM rise 27%
Wealth manager Ninety One reported net full-year outflows of £200m despite a “strong” performance during the period.
Creo Medical ups FY revenues guidance after stronger-than-expected Q1 trading
Medical device company Creo Medical Group said on Wednesday that first-quarter trading had been ahead of management expectations, leading the group to upgrade guidance for its year-end revenue performance by "at least 10%".
Diamond sales at Anglo’s De Beers fall in fourth cycle
Anglo American said on Wednesday that the value of rough diamond sales at its De Beers unit fell in the fourth sales cycle of the year.
Vodafone to buy back £340m of shares to offset convertible bonds
Vodafone said it would buy back up to £340m of shares as the first stage in offsetting the issue of shares linked to convertible bonds.
LondonMetric acquires urban logistics warehouse in Waltham Cross
Real estate investment trust LondonMetric has acquired a "well-located" urban logistics warehouse in Waltham Cross for £43. 8m as part of a sale and lease back transaction.
Disposals ahead of value drive growth for LXi REIT
LXi REIT reported a 1. 1% improvement in EPRA net tangible assets and net asset value per share under IFRS in its annual results on Wednesday, to 125. 7p, with growth primarily driven by disposals ahead of book value as well as like-for-like portfolio growth.
John Laing agrees to £2bn takeover by KKR
British infrastructure group John Laing has agreed to a £2bn takeover by US buyout firm KKR.
UK inflation rate more than doubles in April
UK inflation hit its highest level in more than a year in April amid higher household utility bills and clothes prices, according to figures released on Wednesday by the Office for National Statistics.
London open: Stocks fall after UK inflation data
London stocks fell at the open on Wednesday after figures showed UK inflation more than doubled in April.