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Company News
ig group trading spread cfd
IG's quarterly trading revenues disappoint, but client numbers rise

IG Group's revenues fell 12% in the third quarter compared to the second as the online trading platform continued to adjust to new regulations and lower levels of volatility in financial markets in the last two months.

next, wolfson
Next sees threats and opportunities for year ahead

Clothing retailer Next confirmed full-year sales and profits in line with its pre-close statement in January and maintained its central guidance for earnings to grow 3. 6% for the year ahead.

Renishaw slumps as it warns over full-year results

Shares in Renishaw slumped as the engineering group cautioned that full-year results would come in below previous guidance.

Oil rig, oil & gas, drilling
Revenue and earnings rise comfortably at Energean

Energean Oil & Gas reported a decent rise in its sales revenue in the 2018 financial year on Thursday, with the figure ending the year at $90. 3m, compared to $57. 8m a year earlier.

Ted Baker fashion
Ted Baker profits drop after 'difficult' year, results in line

Fashion brand Ted Baker reported a 26. 1% drop in annual profit on Thursday following a "difficult" year in which it was hit by a "forced hugging" scandal that culminated in the resignation of founder and boss Ray Kelvin.

libra, esterlina, divisa, moneda, reino unido pound currency
Civitas buys 19 regulated social housing properties for £74m

Civitas Social Housing has completed the purchase of 19 regulated social housing properties, comprising 266 tenancies, for a total consideration of around £73. 5m, it announced on Thursday.

builder housebuilding bricklayers persimmon
Persimmon addresses snags with 1.5pc homebuyer's retention

Persimmon announced on Thursday that it would become the first major UK housebuilder to adopt a policy of providing a homebuyer's retention, by writing into its standard contract that 1. 5% of the total home value - equating to around 6% of the build fabric costs - could be withheld by the buyer's solicitor until any faults identified at the point of key release were resolved.

smoke detector halma
Halma reports decent progress as it integrates acquisitions

Safety, health and environmental technology company Halma updated the market on its trading since 1 October on Thursday, reporting “good progress” in the period.

20 Mar
bank of england 1 november
Thursday preview: EU Summit (Brexit) and MPC decision in focus

The market spotlight will continue to be firmly on all things Brexit on Thursday, as the European Union leaders' summit kicks-off in Strasbourg.

20 Mar
ep stadia la plataformastreamingvideojuegosgooglelase accede d
Google unveils Stadia cloud gaming platform

Google revealed that it will wade into the gaming market as it unveiled its Stadia digital platform on Tuesday, a device which the tech giant said will allow gamers to play without the need for discs or downloads.

20 Mar
Boeing Inmarsat Global Xpress satellite being launched
Inmarsat takes off after confirming private equity talks

Satellite communications group Inmarsat confirmed on Tuesday evening that it was in talks with a consortium of private equity companies after receiving a $3. 3bn proposal to buy the company out in January.

20 Mar
SDL profits grow as transformation plans bear fruit

Software and professional services group SDL said on Wednesday that full-year profit and revenues grew as it made "substantial" progress against its transformation plan and strategic objectives.

20 Mar
ubs2 portada
Investment banking enduring worst quarter 'in recent history' - UBS

The chief executive of UBS has called the last three months one of the worst quarters in investment banking’s recent history.

20 Mar
Curtis Banks profits on the up as SIPPs numbers grow

Financial services group Curtis Banks reported a 13% jump in 2018 profit on Wednesday as revenue and the number of new SIPPs administered increased.

20 Mar
Money pounds sterling
YOLO directors upbeat after tough year for its investments

YOLO Leisure and Technology reported swung to unrealised losses on its investments for the 2018 financial year, it announced on Wednesday, with losses totalling £0. 84m, compared to gains of £0. 66m in 2017.

20 Mar
Cloudbuy still hungry for cash as revenue falls

Cloud-based merchant service provider Cloudbuy reported a 26% fall in its full-year revenue on Wednesday, to £1. 11m.

20 Mar
Speedy Hire, plant hire, construction, building equipment
Speedy Hire says trading in line, announces Lifterz acquisition

Tool and equipment hire company Speedy Hire said on Wednesday that trading for the year to the end of March 2019 was in line, as it announced the acquisition of powered access specialist Lifterz for £9. 6m in cash.

20 Mar
modelos-virtuales-asos 1
Asos still a 'buy' but with risks, say Barclays, Jefferies

Barclays and Jefferies have maintained their recommendations for Asos, the online specialist, but believe there are still risks associated with the stock.

20 Mar
Ten Entertainment profit and revenues rise as it expands estate

Ten Entertainment posted a rise in full-year profit and revenue on Wednesday as it expands its estate.

20 Mar
semiconductors iqe industrial technology
IQE warns of headwinds after 'challenging' 2018

IQE's shares dropped on Wednesday after the semiconductor business reported a decrease in annual profits and warned that it faced short-term headwinds.