Company News
Second-quarter revenues beat forecasts at IBM
Second-quarter revenues at IBM have come in ahead of expectations, after strong client demand for cloud services.
EasyJet plans to fly 60% of pre-Covid capacity as cash burn cut
Budget airline easyJet on Tuesday said it expected to fly 60% of its pre-pandemic capacity in the fourth quarter as Covid restrictions eased across Europe.
Wednesday preview: Public sector borrowing, Royal Mail Group in focus
The focus on home shores on Wednesday will be on public sector net borrowing data for June.
Cloudcall revenues rise as recruitment sector recovers
Cloud-based communications technology company Cloudcall reported a 10. 4% improvement in total revenues in its first half on Tuesday, to £6. 4m, with recurring and repeating revenues representing 93. 9% of the total.
FireAngel makes positive first-half progress
Home safety technology company FireAngel reported positive first-half progress on Tuesday, describing improved performance, and sales growth in-line with its expectations.
Rotala turns small profit as some bus passengers return
Bus operator Rotala reported a “small” profit after tax of £0. 81m in its first half in an update on Tuesday, swinging from a loss of £3. 8m a year earlier.
Berenberg ups price target, revenue estimates for Boku
Berenberg has upped its price target for tech firm Boku, after first half trading beat expectations.
Order book growing again at the 600 Group
Industrial engineering company the 600 Group updated the market on its full year of trading on Tuesday, reporting a 20% fall in revenue to $53. 5m (£39. 35m), which it put down to the impact of the Covid-19 pandemic.
Begbies Traynor FY results come in ahead of original expectations
Corporate restructuring specialist Begbies Traynor said on Tuesday that it had put on a "strong" full-year performance in the twelve months ended 30 April, with the firm's results coming in ahead of original expectations.
Supreme reports good trading after annual profit rises
Supreme said it made a good start to the year as the consumer goods group reported increased profit for its first annual results as a public company.
Trading on track at Wise
Fintech Wise said trading was in line with expectations on Tuesday, as it provided its first update as a public company.
Bitcoin falls below $30,000 for the first time in a month
Bitcoin came under further pressure on Tuesday as the cryptocurrency fell below $30,000 for the first time since late June.
Sanderson Design trading beats expectations
Sanderson Design said first-half trading was ahead of expectations after sales were boosted by pent-up demand and increased interest in British-made products after Brexit.
Uniphar acquires Germany-based CoRRect Medical
Uniphar announced the acquisition of CoRRect Medical on Tuesday, which it described as a Germany-based company that specialises in the commercialisation and distribution of medical device products, in the interventional cardiology sector across Germany and Switzerland.
Boku flags bumper year after solid first half
Mobile payments and identity technology company Boku updated the market on its first half on Tuesday, saying that group Revenues the period were expected to be at least $34m (£24. 94m), making for a year-on-year increase of 37%.
Carnival bringing more ships back into operation
Carnival said has confirmed it was bringing more ships back into operation for cruises in September and October from US ports but also cancelled other departures.
Pent-up demand boosts trading at Young & Co
Trading at Young & Co’s Brewery has beaten management expectations, the pub chain said on Tuesday, as lockdown restrictions eased and customers returned.
Wilmington says FY trading ahead of expectations
Wilmington said on Tuesday that it ended the year ahead of expectations in terms of revenue, adjusted pre-tax profit and net debt.
UK grocery sales fall as lockdown restrictions ease
UK grocery sales have fallen, industry research showed on Tuesday, as lockdown restrictions continued to ease and football fans went out to watch Euro 2020.
Audioboom H1 losses narrowed on record interim revenues
Podcast company Audioboom significantly said on Tuesday that it had reduced first-half losses after successfully bringing in record interim revenues.