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BAE Systems Shares Rise After $16m US Defence Funding Win

Shares in BAE Systems (LON: BA.) climbed 1.2% on Wednesday after the defence contractor confirmed it had secured $16 million in Defense Production Act Title III funding from the US Department of War, boosting

Asktraders News Team
Reckitt Benckiser to Invest $400 Million More in U.S. Over Four Years, WSJ Reports

Reckitt Benckiser Group (LON: RKT), the maker of Lysol and Mucinex, plans to invest approximately $400 million in its U.S. operations over the next four years, according to a report by The Wall Street Jou

Asktraders News Team
Why Generac Stock Surged After the Close on Wednesday

Generac Holdings (NYSE: GNRC) shares surged in after-hours trading Wednesday after the backup-power equipment maker unveiled a landmark, long-term supply agreement with Amazon.com to provide generators for Amazon's data cente

Asktraders News Team
BP Added to Evercore’s ‘Tactical Outperform’ List on Cash Flow Surge

Evercore ISI added BP (LON: BP.) to its "Tactical Outperform" list on Wednesday, pointing to a surge in cash generation as higher oil prices lift the energy major's finances.

Sam Boughedda
UK Unemployment Holds at 4.9% as Vacancies Hit Lowest Since 2014

UK unemployment held at 4.9% in the three months to July, below the 5.0% consensus estimate, but vacancies fell to their lowest level outside the pandemic since 2014 and payrolled employment kept slipping, a labour market cooling gradually rat

Asktraders News Team
Filtronic Shares Jump 9% on Third US Satellite Order

Filtronic shares surged after the AIM-listed radio-frequency specialist landed a third contract from the same US satellite customer within six months, extending a fast-growing customer relationship.

Asktraders News Team
Persimmon Shares Rise Nearly 4% as UK CPI Eases Rate Fears

Persimmon shares climbed almost 4% on Wednesday as housebuilders rallied on relief that August inflation data left the Bank of England unlikely to raise rates this week.

Asktraders News Team
UK Inflation Jumps to 3.1% as Fuel Prices Bite

UK inflation rose to 3.1% in August, up from 2.9% in July, driven by fuel costs, but sterling barely moved, leaving tomorrow's Bank of England decision as the bigger risk for traders.

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Nippon Active Value Fund Trails Japan Rally Despite Rising NAV

The activist Japan investment trust grew its net assets and narrowed its share price discount in the first half, but its returns fell well short of a booming Japanese stock market.

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Volvere Shares Slide as Shire Foods Comparatives Cause Profit to Plunge

Volvere's first-half profit fell sharply after Shire Foods lost last year's exceptional trading volumes, sending the AIM-listed group's shares down sharply despite a resilient balance sheet.

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Oracle Power Narrows Loss as Northern Zone Mining Lease Lands

Oracle Power's interim loss narrows for a second straight half as the AIM microcap leans on a newly granted mining lease at its Australian gold project, even as cash reserves thin further.

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AMS Scraps Dividend as H.B. Fuller Takeover Nears Completion

Advanced Medical Solutions grew revenue and adjusted profit in the first half, but scrapped its dividend and saw reported profit collapse as its takeover by H.B. Fuller nears completion.

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Facilities By ADF Shares Slide After Profit Warning Hits Outlook

Facilities by ADF warned that full-year profit will miss market expectations after UK film and TV production spending slumped, sending its AIM-listed shares down sharply.

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Supermarket Income REIT Shares Rise Despite Falling EPRA EPS

Supermarket Income REIT's shares rose after annual results showed portfolio growth to £2bn, even as earnings per share fell and dividend cover weakened.

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80 Mile Loss Widens as Cash Falls During GLND Takeover Offer Period

80 Mile flagged a going-concern warning as its half-year loss widened and cash fell sharply, just as the AIM explorer sits inside a formal takeover offer period from Nasdaq-listed Greenland Energy.

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Wednesday Morning Markets: Miners and Housebuilders Lead FTSE as Inflation Hits 3.1%

London's benchmarks opened firmer on Wednesday, with the FTSE 100 up 0.3% and the

Sam Boughedda
Winkworth Shares Fall as Legal Battle With Chair Hits Profit Outlook

Winkworth's franchise business held up against a tough comparator, but a High Court dispute with its own Non-Executive Chair is set to drag reported profit well below expectations.

Asktraders News Team
Peel Sweetens Harworth Takeover Bid to 177.5p, Rejects Cost-Cut Defence

Peel has raised its cash bid for Harworth to 177.5p a share and hit back at the property group's cost-cutting defence, escalating a takeover battle now heading toward an October deadline.

Asktraders News Team
How Octa brand delivers a reliable trading experience

With more than 15 years in the market, the global brand Octa boasts mature processes and an industry-benchmark infrastructure. Octa IB program's business model is also up to the high standards of the brokerage sector. Below,

Professional trader analyzing ETF charts and market data on multiple computer screens
DavidH
Trustpilot Shares Plunge 18.6% on Self-Disclosed Accounting Missteps

Trustpilot's shares tumbled after a self-disclosed US tax error and a buyback compliance mistake overshadowed a strong first-half earnings beat, ending a sharp run-up in the stock built on optimism ahead of the results.

Asktraders News Team
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