Associated British Foods turns sour as sugar struggles
Associated British Foods published an update stating that total sales for the 40 weeks to 23rd June were up by 2% relative to the same period of last year.
Associated British Foods published an update stating that total sales for the 40 weeks to 23rd June were up by 2% relative to the same period of last year.
Shares in cost management consultancy Utilitywise rose by 6.74% to 32.76 (as at 14:45 BST) after the company released a new strategy outline.
Clothing manufacturer Superdry has reported that group revenues climbed by 16% to £872 million for the year ended 28th April.
Ceramics manufacturer Churchill China (LON:CHH) saw its shares rise by 13.37% to 1,111p (as at 16:40 BST) after the company announced that growth in Europe had been stronger than expected during the six months ended 30th June.
Tile specialist Topps Tiles reported that its revenues for the 13 weeks ended 1st July fell by 2.9% due to a difficult consumer market.
Retail sales excluding fuel rose by 0.8% during the first quarter at FTSE 100 supermarket J Sainsbury as the company cut prices in produce.
Shares in AIM-listed software developer Frontier Developments had climbed by 5.13% to 1,435p at 1200 BST today after the company reported that the launch of its latest game had been strong.
Iron pellet production in the second quarter of 2018 fell by 2.9% at FTSE 250 outfit Ferrexpo.
FTSE 100 mining outfit Glencore saw its shares plunge by 11.78% to 308.15p (as of 0950 BST) after it received a subpeona from the United States Department of Justice.
FTSE 250 mining outfit Vedanta Resources watched its shares shoot upwards by 26.65% to 819.20p after the company announced that it had agreed the terms of a potential recommended cash offer for the company from a trust owned by the company’s founder Anil Agarwal.