News And Announcements
Octopus Energy reportedly enters Thames Water equity bid process
Octopus Energy, Britain's largest residential gas and electricity provider, has reportedly entered into an agreement that will see it manage the customers of debt-laden water supplier Thames Water.
WK Kellogg beats Q4 profit estimates but sales fall short
American cereal manufacturer WK Kellogg delivered a mixed set of quarterly results on Tuesday as sales fell short of forecasts but profits smashed estimates.

Kodal achieves first spodumene concentrate production at Bougouni
Kodal Minerals announced on Tuesday that it has achieved first spodumene concentrate production at its fully-funded Bougouni Lithium Project in southern Mali, following the commissioning of the dense media separation (DMS) processing plant.

LPA Group secures £1.3m contract with UK train manufacturer
LPA Group announced on Tuesday that it has secured a £1. 3m contract to supply rail inter-car jumpers and connectors for a new-build project with a major UK-based train manufacturer.

TUI leads airline sector lower as summer sales slow
TUI shares were down almost 10% on Tuesday afternoon, after the Anglo-German leisure travel giant reported a slowdown in airline bookings for the summer season, raising concerns across the European travel sector.

Coca-Cola impresses in Q4 as demand, pricing improves
Coca-Cola's share price was rising strongly on Tuesday morning after fourth-quarter sales and profits from the soft drinks giant beat market forecasts on the back of improvements in pricing and volume growth.

Optima Health secures first licence deal for DART tool
Optima Health announced on Tuesday that it has secured its first licence agreement for its proprietary ‘Digital Assessment Routing Tool’ (DART) with Mersey & West Lancashire Teaching Hospitals NHS Trust.

Fintel to transition to single CEO structure as Stevens steps down
Fintel announced a change in its executive leadership structure on Tuesday, with joint chief executive officer Neil Stevens set to step down from his role on 30 June.

Boku extends buyback programme to another 4m shares
Boku announced the completion of its share buyback programme on Tuesday, repurchasing four million common shares at an average price of 182. 14p each.

Ashtead to push ahead with primary US listing amid shareholder support
Equipment rental firm Ashtead confirmed on Tuesday that it was pushing ahead with plans to switch to a US primary listing after the move was backed by its shareholders.
Elliott said to have increased stake in Phillips 66
Activist Elliott Investment Management has reportedly built a more than $2. 5bn stake in Phillips 66 and plans to push the oil refiner to consider operational changes to boost its stagnant stock.

Smarttech247 secures three-year contract with existing client
Smarttech247 announced on Tuesday that it has secured a three-year contract worth $0. 925m with an undisclosed existing automotive client, further expanding its relationship within the sector.

Heathrow hails busiest January on record
Heathrow said on Tuesday that it had its busiest January on record, with more than 6. 3 million passengers travelling through the airport.

MJ Gleeson delivers upbeat outlook despite H1 profit decline
Construction group MJ Gleeson saw profits fall sharply in the first half but delivered a confident outlook on the back of a strong pick-up in housing reservations in January.

PZ Cussons swings to first-half profit, shares rally
PZ Cussons rallied on Tuesday after the Imperial Leather maker said it had returned to profit in the first half and remains on track to meet full-year expectations.

RWS progresses strategy as price challenges persist
RWS Holdings reported continued progress on its medium-term strategy in an update on Tuesday, having returned to organic constant currency growth in the second half of its 2024 financial year.

Dunelm interim sales tick higher but profits flat; CEO to retire
Homeware retailer Dunelm announced the retirement of its chief executive on Tuesday as it posted an uptick in interim revenue but broadly flat profits.

Capita wins Royal Navy contract expansion
Professional services firm Capita has been awarded a contract expansion to provide comprehensive training services for Marine Engineering within the Royal Navy at HMS Sultan.

Diversified Energy delivers 'solid' FY24 performance
Gas and oil production company Diversified Energy said on Tuesday that its FY24 performance had been "solid" and highlighted stable production levels, strong cash flows, and its continued expansion.

Wynnstay reports decline in full-year revenue, profit
Wynnstay Group reported a decline in revenue and profit for the financial year ended 31 October on Tuesday, reflecting challenging market conditions and commodity price deflation.