Market Report
One Media expects full-year results to meet guidance
Digital media content provider One Media rounded out its last trading year in line with expectations following its recent fundraising.
German ZEW improves in November but sentiment still depressed
German economic sentiment unexpectedly improved in November but remained depressed, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Trifast confident as macroeconomic concerns linger
Trifast issued its half-year report on Tuesday, reporting another six months of solid growth, with “significant” ongoing investment across its regions and via Project Atlas in the period ended 30 September.
Caspian Sunrise extends due date on 3A Best Group acquisition
Caspian Sunrise updated the market on its acquisition of 3A Best Group on Tuesday, having initially announced the transaction to buy the 1,347 square kilometre contract area near the Caspian port city of Aktau on 29 May.
McCarthy & Stone earnings slide amid tough trading conditions
Retirement housebuilder McCarthy & Stone issued its results for the year ended 31 August on Tuesday, reporting a 7% fall in legal completions to 2,134 but a 2% improvement in revenue to £671. 6m.
BBA Aviation outlines Signature and Ontic growth plans
Aviation support and aftermarket services provider BBA Aviation told shareholders of the stages through which it planned to deliver more value on Tuesday, as it held its first of two capital markets days this week at its Luton Airport fixed-base operation (FBO).
Amigo shores up funding with £150m securitisation facility
Amigo Holdings announced the completion of its inaugural securitisation facility of £150m on Tuesday, which it said was the first transaction of its kind in the guarantor loan space.
Foxtons confirms closure of six branches amid 'challenging' market
Estate agent Foxtons reported a flat revenue performance for the third quarter on Tuesday as it confirmed the closure of six branches.
UK wages grow at fastest rate for nearly a decade
UK wages grew at their fastest rate since 2008, according to official data published on Tuesday, although the unemployment rate also showed a surprise increase.
FirstGroup reports 'encouraging' first half thanks to divisional strategies
FirstGroup reported growth in revenue, adjusted profit and adjusted earnings per share in its first half report on Monday, with its trading said to be in line with its plans at the start of the financial year.
Haydale inks development agreement with Thai RFID outfit
Advanced materials group Haydale Graphene has inked a joint development agreement with Thai smart labels manufacturer Star RFID.
Frenkel Topping's 'positive' trading driven by strong expert witness revenues
Financial advisor and asset manager Frenkel Topping has seen some "positive" trading so far this year, leading it to reiterate its full-year guidance on Tuesday.
Charter Court Financial loan book rises in Q3
Charter Court Financial posted a rise in its loan book for the third quarter on Tuesday and a stable net interest margin performance.
FX round-up: Sterling and euro battered, rouble gets unexpected boost
Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.
Velocys shakes up boardroom ahead of hunt for new investors
Renewable fuels outfit Velocys tapped Henrik Wareborn to take over as chief executive officer on Monday as part of the group's massive executive shake-up aimed at refocusing its priorities.
US Treasury's Mnuchin and China's Liu He talk by phone
Top US and China officials discussed trade issues last Friday, marking just the second public sign of dialogue on the subject in six months.
San Francisco Fed chief Daly not set on December rate hike
A top US central bank official said on Monday that the Federal Reserve would likely need to raise interest rates again at the end of the year, followed by at least two more hikes in 2019.
Pennon looks fair value, says Deutsche Bank
Pennon Group shares now look fair value, said Deutsche Bank on Tuesday, as it downgraded its stance on the stock to 'hold' from 'buy'.
London open: Stocks rally amid US-China optimism; Vodafone gains after results
London stocks rose in early trade on Tuesday, shrugging off a downbeat session on Wall Street thanks to some well-received corporate news and optimism over Sino-US relations.
Landsec profits and revenue rise along with net rental income
Property developer Landsec, formerly Land Securities, reported a jump in first-half profit and revenue on Tuesday as net rental income rose and costs fell.