IG Group shares crash 26% as revenue slumps 14% on weaker retention
IG Group shares crash over 26% after Q3 revenue falls 14% on weaker OTC retention, forcing a cut to full-year guidance.
Latest news, page 7
Topps Tiles shares slip 3% despite profit guidance holding firm
Topps Tiles shares fell 3% despite confirming profit guidance, as cost cuts offset a soft tiling market.
Landsec buys Metrocentre in £516m deal, launches £500m share issue
Landsec buys Gateshead’s Metrocentre for £516m, funded by a £500m share issue, in a deepening bet on prime UK retail.
RentGuarantor shares jump 17% as revenue soars 656% and guidance lifted again
RentGuarantor shares rose 17% after a second guidance upgrade in a month, with nine-month revenue up 656% to £13m.
Greggs shares jump 5% as improved trading lifts full-year outlook
Greggs shares rose 5% after it lifted its outlook on improved Q3 trading, despite plans to cut 740 jobs via factory closures.
Saga shares jump 12% as first-half profit nearly doubles
Saga shares surge 12% as H1 profit nearly doubles to £46.6m and debt-cutting turnaround beats targets.
GCP Infrastructure shares close discount to NAV from 45% to 14%
GCP Infrastructure’s discount to NAV has narrowed from 45% to 14% as Gravis drives disposals, debt paydown and buybacks.
JPMorgan sees IREN revenue rocketing 20x by 2030, lifts target 41%
JP Morgan upgrades IREN to Overweight, forecasting a 20x revenue surge by 2030 on booming AI compute demand and pricing.
Card Factory revenue up 5.3% to £260.8m as wholesale offsets weak UK stores
Card Factory grew H1 revenue 5.3% to £260.8m as wholesale and Funky Pigeon offset a 2% fall in UK store like-for-likes.
MicroSalt revenue jumps 67% as margins widen, eyes $15m sales by 2027
MicroSalt’s H1 revenue rose 67% to US$1.4m with margins up sharply, as it eyes US$15m sales by 2027.