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Recent News

Thursday 27 October, 2016

27-Oct-2016 07:28 AM

Inchcape revenues up

Car dealer Inchcape reports a solid third quarter revenue performance, consistent with its expectation for growth across the majority of its regions. Group revenue of £2.01bn, increased by 15.3% at actual currency and 4.8% at constant currency and
27-Oct-2016 07:25 AM

BT hikes divi as profits rise

BT Group's reported revenue rose 35% in the second quarter, and growth in underlying revenue excluding transit adjusted for the acquisition of EE up 1.1%. Reported earnings per share were down 10%, adjusted earnings per share were up 4%. Under
27-Oct-2016 07:24 AM

Mercia makes follow-on investment in Oxford Genetics Ltd

Mercia Technologies announces a follow-on investment of £1.0m into Oxford Genetics Ltd 'Oxford Genetics', a synthetic biology company with significant expertise in DNA design. The investment follows the recent expansion of Oxford Genetic
27-Oct-2016 07:23 AM appoints Mark Lewis as CEO Group has appointed Mark Lewis as CEO, succeeding Peter Plumb who, as announced in August, has indicated he will step down on or before the AGM in May 2017. Lewis would take over from Plumb on or before 4 May 2017 and would join the
27-Oct-2016 07:21 AM

Redefine Int'l's FY pretax profit falls

Redefine International's FY pretax profit has fallen to £8.6m, from a profit of £84.0m. Revenue was higher at £89.6m, from £79.7m. The result was influenced by a loss on investment property revaluation and a change in the fa
27-Oct-2016 07:21 AM

Debenhams solid

Debenhams reports a solid performance in line with expectations or the 53 weeks to 3 September. Gross transaction value rose 1.3% to £2,895.9m for 52 weeks, up 2.7% as reported and group like-for-like sales were up 0.7% in constant currency, up 0.6%
27-Oct-2016 07:18 AM

RELX affirms FY outlook

RELX Group reports continued underlying revenue growth in the first nine months of 2016 and reaffirms the outlook for the full year. HIGHLIGHTS: - Underlying revenue growth +4% in the first nine months of 2016 - Acquired 15 content, data and exhibition
27-Oct-2016 07:18 AM

Barclays core pre-tax profits up

Barclays reports a strong core business performance with underlying double digit return on tangible equity in the third quarter. Core profit before tax increased 4% to £4,898m reflecting diversification benefits from consumer and wholesale customers and
27-Oct-2016 07:16 AM

Versarien notes new healthcare graphene project

Versarien announces the participation of subsidiary 2-DTech Ltd in a new project funded by the EPSRC (Engineering and Physical Sciences Research Council). The project "2D Materials for Next Generation Healthcare Technologies" (2D-Health) aims t
27-Oct-2016 07:15 AM

DS Smith in line

DS Smith said the business has again made good progress and performance remains in line with its expectations. "Volume growth continues to be supported by strong ongoing growth with our large pan European customers," the company said in an H1
27-Oct-2016 07:12 AM

CVC Credit Partners European Opps declares divi

CVC Credit Partners European Opportunities' board has declared a dividend of £0.0125 per ordinary sterling Share and €0.0125 per ordinary euro share. The dividend will be payable on 25 November to shareholders of record on 4 November and
27-Oct-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK01/11/2016 10:30 Manufacturing PMI02/11/2016 01:01 BRC Shop Price Index y/y02/11/2016 10:30 Construction PMI03/11/2016 10:30 Services PMI03/11/2016 13:00 MPC Asset Purchase Facility Votes03/11/2016 13:00 A
27-Oct-2016 07:00 AM

Economic Events - Month Ahead Events

UK01/11/2016 10:30 Manufacturing PMI02/11/2016 01:01 BRC Shop Price Index y/y02/11/2016 10:30 Construction PMI03/11/2016 10:30 Services PMI03/11/2016 13:00 Asset Purchase Facility03/11/2016 13:00 BOE Inflati
27-Oct-2016 07:00 AM

Economic Events - Tomorrow's Events

US28/10/2016 13:30 Advance GDP q/q | Forecast: 2.50% | Previous: 1.40%28/10/2016 13:30 Employment Cost Index q/q | Forecast: 0.60% | Previous: 0.60%28/10/2016 13:30 Advance GDP Price Index q/q | Forecast: 1.30% | Previous: 2.
27-Oct-2016 07:00 AM

Economic Events - Today's Events

UK27/10/2016 09:30 Prelim GDP q/q | Forecast: 0.30% | Previous: 0.70%27/10/2016 09:30 Index of Services 3m/3m | Forecast: 0.80% | Previous: 0.60%27/10/2016 11:00 CBI Realized Sales | Forecast: -2 | Previous: -8

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