Company News
Wednesday preview: FOMC, UK CPI
The focus on Wednesday will be on the US central bank, with three top Federal Reserve officials set to take to the podium ahead of the release of the latest set of Fed minutes later in the evening.
Renew Holdings delivers 'record' interims as QTS shines
Renew Holdings on Tuesday reported a jump in revenue and profit, as the engineering services division drove growth following a full contribution from the QTS acquisition.
Halfords FY profit hit by mild weather, 'weakened' consumer confidence
Halfords posted a drop in full-year profit on Tuesday as it pointed to "weakened" consumer confidence and mild winter temperatures.
Peloton scraps IPO in favour of $1bn tie up with Merck
American drugs giant Merck has agreed to buy Peloton Therapeutics in a deal that could eventually be worth more than $2bn.
Itaconix receives first order for personal care polymer from Nouryon
Itaconix has received its first purchase order from Nouryon to supply its polymer for Nouryon's new ‘Amaze SP’ product, it announced on Tuesday, under the previously-announced exclusive global supply agreement for Nouryon to market Itaconix polymers in personal care applications.
VR Education experience launching on new Oculus headset
Education-focussed virtual reality technology company VR Education announced on Tuesday that its showcase experience ‘Apollo 11 VR’ has been selected by Facebook to be a launch title on the ‘Oculus Quest’ headset, which was launching globally.
Crossword launches new cybersecurity offer in partnership with Reliance
Crossword Cybersecurity announced on Tuesday that its consulting division has launched a new product, ‘virtual Chief Information Security Officer’ (vCISO), in partnership with IT security company Reliance.
Jamie Oliver's restaurant group collapses
The restaurant group fronted by celebrity chef Jamie Olivier has collapsed, putting up to 1,300 jobs at risk.
OPG secures further hedge against coal price movements
OPG Power Ventures announced on Tuesday that it has secured a further hedge against the volatility of coal price movements, and has entered into a fixed-price coal purchase agreement for one million tonnes, representing around 60% of its annual coal requirements.
Bloomsbury Publishing's profits trounce expectations
Bloomsbury Publishing beat expectations on Tuesday as it achieved annual profit growth, leading the business to deliver a 24th consecutive year of dividend growth.
Hilton Food trades in line year-to-date
Food packing company Hilton Food Group has traded in line with expectations thus far in 2019, continuing to grow its business through additional volumes and close cooperation with retail partners.
APC Technology surges as profits jump
APC Technology's shares leapt on Tuesday after the company recorded a jump in interim revenue and profit, while net debt was reduced.
Non-Standard Finance loan book 'strong', still engaging with Provident shareholders
Doorstep lender Non-Standard Finance said on Tuesday that it is continuing to engage with shareholders of larger rival Provident Financial, as it reported "strong" growth in its loan book since the start of the year.
First Derivatives cheers investors with upbeat outlook
Northern Ireland’s First Derivatives said the current year had got off to a strong start as it reported a jump in both revenues and profits.
Shoe Zone first-half profits flat; current trading in line
Profits at Shoe Zone were flat in the first half of the year, while revenues dipped just a touch as the footwear retailer said current trading was in line with management expectations.
Integumen narrows losses as Labskin products begin full skin-care test services
Life sciences company Integumen narrowed losses in its last trading year thanks to a significant increase in revenues.
Knights Group profits soar as acquisitions boost revenues
Legal and professional services business Knights Group performed well in the second half of its financial year, with strong organic growth complemented by contributions from acquisitions.
GYG confident of future following positive uplift in trading
Superyacht supply and maintenance firm GYG has seen a positive uplift in trading so far this year, driven by a continued improvement in the general refit market and further progress in its new build strategy.
Assura's profits and revenues boosted by portfolio growth
Assura on Tuesday reported that portfolio expansion drove annual rental income and profit growth, while the company's pipeline has reached a record level on the back of a new acquisition.
BP chairman warns 'world is on an unsustainable path'
BP’s chairman acknowledged in the Financial Times on Tuesday that the world’s energy consumption is on “an unsustainable path”.