ITV interims offer bleak revenue picture
1 mins. to read
FTSE 100 broadcaster ITV reported a 17% drop in revenues for the half year ended 30th June as advertising and studio income both fell.
Financial News
Serco Group results don’t boost market confidence
1 mins. to read
The price of shares in FTSE 250 firm Serco Group plunged by 16% to 142.29p after the outsourcer posted results for the half year ended 30th June.
Avacta up as it gets closer to production
1 mins. to read
AIM-listed drug developer Avacta Group saw its share price increase by 7.16% after it appointed BBI Solutions to manufacture its COVID-19 antigen test.
FTSE 100 Morning Update
0 mins. to read
International Consolidated Airlines Group (LON:IAG) led the FTSE 100 on Wednesday as it climbed by 10.49% to 193.80p.
Playtech climbs after “resilient” first half
0 mins. to read
Online gambling software firm Playtech (LON:PTEC) spoke of a “resilient” first half on despite the pandemic having a severe impact on trading in some of its businesses.
WH Smith deals bitter blow to jobs market as sales slump
1 mins. to read
WH Smith (LON:SMWH) dealt another blow to the ailing UK jobs market as it revealed that it could cut as many as 1,500 jobs as it restructures its UK operations in the wake of Covid-19.
Hill & Smith resumes dividend in show of optimism
0 mins. to read
In a rare bout of optimism, road safety products firm Hill & Smith (LON:HILS) resumed dividend payments despite an 8% decline in sales for the six months ended 30 June.
FTSE 100 Morning Update
0 mins. to read
Melrose Industries (LON:MRO) was the biggest climber in the FTSE 100 on Tuesday with shares up by 9.39% to 96.50p at the close of trading after it renegotiated banking covenants.
Diageo results don’t cheer markets
1 mins. to read
Shares in FTSE 100 drinks giant Diageo sank 4.91% to 2,739.50p as reported net sales for the year ended 30th June dropped by 8.7%.
easyJet shares lifted as it returns to air
1 mins. to read
The price of shares in FTSE 250 firm easyJet soared 8.83% after the airline said that it had seen encouraging performance since restarting flights in mid-June.