TOP NEWS SUMMARY: Brent oil dips below $100 on recession fear

The following is a summary of top news stories Wednesday.

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COMPANIES

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Twitter sued Elon Musk for breaching the $44 billion contract he signed...

Wed, 13/07/2022 - 10:44


Aeorema Communications shares jump on ‘strongest year on record’

Aeorema Communications PLC on Wednesday said it expects to swing to annual profit, driven by ‘record’ performance ahead of management's expectations.

Shares in the London-based...

Wed, 13/07/2022 - 10:31


Wetherspoon shock as pint sales slump, FTSE down as UK GDP surprises, ITV hit by freelancer probe and Clarkson impresses

“The FTSE 100 was down in early trading despite better than expected UK GDP figures and a modest rally in the pound,” says AJ Bell...

Wed, 13/07/2022 - 10:16


IN BRIEF: Bonhill confirms Interim CEO Patrick Ponsford as permanent

Bonhill Group PLC - London-based media company specialising in business information, events and data analytics - Confirms Patrick Ponsford as permanent chief executive officer after...

Wed, 13/07/2022 - 10:09


t42 IoT shares rise on signing of $16 million distribution deal

Shares in t42 IoT Tracking Solutions PLC jumped on Wednesday, after the signing of a deal with an unnamed Latin American distributor for the provision...

Wed, 13/07/2022 - 10:07


LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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FTSE 100

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Deutsche Bank raises Coca-Cola HBC target to 2,525 (2,475) pence...

Wed, 13/07/2022 - 10:02


Crossword Cybersecurity sees higher annual revenue; extends loan notes

Crossword Cybersecurity PLC on Wednesday said it expects its revenue to surge in 2022 as its software as a service business proved ‘strong’.

The company...

Wed, 13/07/2022 - 10:01


Tullow Oil maintains annual guidance as first half meets expectations

Tullow Oil PLC on Wednesday kept its annual production outlook unchanged after what it called a solid first-half performance, while it continues to progress its...

Wed, 13/07/2022 - 10:00


Sound Energy shares fall on $2.6 million Morocco tax charges

Sound Energy PLC on Wednesday said the Moroccan court has rejected its subsidiary's demand for a $2.6 million annulment, in respect of the remaining charges...

Wed, 13/07/2022 - 09:57


Ilika shares fall as doubles annual loss, turnover falls; touts future

Ilika PLC on Wednesday posted a doubled annual loss as turnover fell sharply.

In its financial year that ended April 30, pretax loss widened to...

Wed, 13/07/2022 - 09:50


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