Market Report
Britvic lifts dividend, plans share buyback as interim profits jump
Soft drinks maker Britvic announced the launch of a £75m share buyback on Tuesday as it posted a jump in interim profit and lifted its dividend, citing growth across all segments.
London pre-open: Stocks to rise as investors mull jobs data
London stocks were set to rise at the open on Tuesday following a positive Asian session, as investors mull the latest UK jobs data.
TI Fluid Systems revenues slip in Q1
Manufacturer TI Fluid Systems said on Tuesday that group revenues had slipped in the three months ended 31 March as continued disruptions to its supply chain, the Ukraine conflict, and Covid-19 related shutdowns in China all weighed on trading.
UK unemployment rate at 48-year low, wages squeezed by inflation
The UK unemployment rate declined to a 48-year low in the first three months of the year, but wages were squeezed by surging inflation, according to data released on Tuesday by the Office for National Statistics.
KKR to buy ContourGlobal in £1.75bn deal
Power generation company ContourGlobal has agreed to be bought by private equity firm KKR in a £1. 75bn deal.
DCC delivers 'very strong' FY revenue and adjusted operating profit growth
Sales and marketing firm DCC Group reported "very strong" full-year revenues and adjusted operating profit growth that came in ahead of market expectations.
Imperial Brands H1 profits drop, Shaftesbury acquires leasehold interest in Soho asset
London pre-open The FTSE 100 was being called to open 30. 7 points higher ahead of the bell on Tuesday after closing 0. 63% firmer at 7,464. 80 in the previous session.
Shaftesbury acquires 200-year leasehold interest in Berwick Street property
Real estate investment trust Shaftesbury has acquired a 200-year ungeared leasehold interest in the lower floors of 92-104 Berwick Street in Soho for £27. 5m.