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Travel and concierge company Ten Lifestyle said on Tuesday that it had secured new strategic contract wins and renewals with wealth managers across the UK, Europe, the Middle East and Africa.
Point-of-care, central laboratory device and chemistry reagent company EKF Diagnostics said on Tuesday that continued strong trading would result in its performance for 2021, including adjusted EBITDA, ahead of already-upgraded market expectations.
Video games label tinyBuild said in a trading update on Tuesday that, after a “solid” second half of trading, it was on track to deliver strong growth for 2021, building on its record 2020.
Pharmaceutical services provider Ergomed said in a trading update on Tuesday that adjusted EBITDA for 2021 was set to be ahead of current market expectations, reflecting what it called “excellent” operational execution and profit focus across the business.
Animal health business Animalcare said on Tuesday that full-year earnings were anticipated to be in line with market expectations after revenues modestly improved in the twelve months ended 31 December.
RBC Capital Markets downgraded fast-fashion retailer Boohoo to ‘sector perform’ from ‘outperform’ on Tuesday, slashing the price target to 150p from 330p.
Recruitment and training group Staffline said on Tuesday that full-year underlying operating profits had more than doubled year-on-year, underpinning the group's "increased confidence" for 2022.
Exploration and production firm Capricorn Energy said on Tuesday that it will return approximately $700. 0m to shareholders as production growth at its newly acquired Western Desert Assets in Egypt beat expectations.
London stocks rose in early trade on Tuesday, recovering from heavy losses in the previous session and taking their cue from a positive close on Wall Street.
Pub landlord Marston's cautioned on Tuesday that sales had taken a hit in the eight weeks ended 12 January as a result of the spread of the Covid-19 Omicron variant over the festive period.
UK government borrowing fell more than expected in December thanks to improved tax revenues, according to figures released on Tuesday by the Office for National Statistics.
Compound semiconductor wafer products supplier IQE said on Tuesday that full-year revenues and capex were both expected to be in line with previous guidance.
London pre-open
The FTSE 100 was being called to open 46. 0 points higher ahead of the bell on Tuesday after closing out the previous session 2. 63% lower at 7,297. 15.
Mark Zuckerberg has announced his social media empire is building what he claims is the world’s fastest artificial intelligence supercomputer as part of plans to build a virtual metaverse. The Facebook founder said in a blogpost that the metaverse, a concept that blends the physical and digital world via virtual and augmented reality, will require “enormous” computing power. The AI supercomputer, dubbed AI Research SuperCluster (RSC) by Zuckerberg’s Meta business, is already the fifth fastest in the world, the company said.
