Naked Wines shares tumbled on Thursday after the company said it swung to a full-year profit thanks in part to a rise in repeat customer sales, but its outlook disappointed.
Immunotherapy developer Scancell announced on Thursday that it will develop ‘GlyMab’ antibodies into T-cell redirecting bispecific (TCB) antibodies, and take them into the clinic as a “promising new therapeutic approach” to treat cancer.
Europe-focussed gold explorer and developer Ariana Resources updated the market on its operations on Thursday, reporting that the Tavsan project development was being transitioned into the construction stage.
Wall Street futures were in the green ahead of the bell on Thursday as market participants continued to keep a keen eye on Federal Reserve chairman Jerome Powell's testimony in Washington.
Virtual reality (VR) technology developer Engage XR reported “positive progress” on the development of its enterprise-focussed ‘metaverse’ platform on Thursday, as well as further growth of its proprietary software platform ‘Engage’.
Arkle Resources has been granted three licences covering 163 hectares, it announced on Thursday, to prospect for lithium in the Insiza district of Zimbabwe’s Matabeleland South province.
Oilex updated the market on its operations in India on Thursday, reporting that the workover rig arrived at the C-77H wellsite on 20 June.
Alpha Financial Markets Consulting reported a 61. 1% improvement in revenue and net fee income in its audited results on Thursday, to £158. 0m and £157. 8m respectively, or 31. 3% on an organic basis.
London stocks had reversed earlier losses to trade up by midday on Thursday, but gains were fairly muted as recession fears continued to weigh on sentiment and as investors sifted through a raft of UK data.
Power products and manufacturing service provider Volex reported a 38. 6% improvement in its preliminary results on Thursday, to $614. 6m, through “strong” organic growth and acquisitions.
Digital technology and media specialist iEnergizer reported a strong set of results on Thursday, with total revenue up 32. 4% to $265. 2m (£217. 29m).
Retail sales fell in June, a survey published on Thursday found, as surging inflation weighed heavily on demand.
European markets pared morning losses on Thursday after an early slump sparked by US Federal Reserve chairman Jerome Powell, who warned interest rates would rise aggressively until soaring inflation was tamed.
Next Fifteen Communications said in an update on Thursday that trading had remained “strong”, and ahead of management expectations.
Most markets ended the day higher in Asia on Thursday, with Chinese stocks leading the gains, as oil prices were in the red for the second day running.
Construction group Galliford Try has secured a place on a £1bn framework to build and maintain roads and other civil works projects across the Midlands.
UK economic activity stalled in May, a closely-watched survey showed on Thursday, weighed down by a slowdown in manufacturing.
Deutsche Bank upgraded Rentokil Initial on Thursday to ‘buy’ from ‘hold’, as it highlighted the potential for a resilient performance and benefits from the Terminix acquisition.
Analysts at Berenberg slashed their target price on asset manager Liontrust from 1,850. 0p to 1,100. 0p despite the group's full-year results beating expectations, stating falling markets looked set to weigh on the stock.
Radiofrequency technology group MTI Wireless Edge's Mottech Water Solutions subsidiary has secured several orders through its Italian resellers, totalling approximately €1. 0m.