- EBITDA forecasts raised- Financial strength provides scope for further investment- Shares down 50%+ since Sept 2021 peaksThrough the fog of cost inflation, wage and recruitment pressures, macro weaknesses, and workers gradually returning to offices, communications kit designer Gamma Communications (GAMA:AIM) continues to make progress.The AIM-listed business flagged a solid start to 2022,...

London's FTSE 100 finished Wednesday's trading session 0.4% higher at 7,108 points as inflation worries eased and the blue chip benchmark was boosted by a decent start on Wall Street, with the S&P 500 up 0.3% to 4,216.2 by 4.30pm UK time.As in the US, the absence of earnings from big-name companies left the FTSE 100 lacking a bit of inspiration, with the index outshone by the FTSE 250, which...

London's FTSE 100 had retreated modestly from its morning highs by lunchtime as housebuilders slipped back on mixed mortgage data.By 12.20, the blue chip benchmark was 0.2% higher at 7,092.37 points, while the more domestically-focused FTSE 250 was 0.1% easier at 22,854.5.BLOOMSBURY REPORTS RECORD YEARPublisher Bloomsbury (BMY) jumped 8.7% to 336p after it reported a record financial year as...

UK stocks continued their momentum on Wednesday with more solid gains as investors remained upbeat on the global economic recovery.Defying expectations of a flat opening, the UK's benchmark FTSE 100 index moved 0.56% higher to 7,120 while the midcap FTSE 250 index, currently sitting at all-time highs, gained 0.33% to 22,951.It comes after a flat session overnight on Wall Street, where the Dow...

Business communications supplier Maintel (MAI:AIM) can treble its customer base and revenues off the back of a transformational, £48.5 million deal to buy bank-owned peer Azzurri Communications. Azzurri will be bought for a nominal £1 but the agreement includes Maintel assuming £48.5 million of debt.The real value creation is likely to come from sweeping operational efficiencies and...

A newly streamlined Wincanton (WIN) - up nearly a quarter year-to-date to 199.6p - can maintain the momentum as it looks to apply its established expertise in logistics to a retail sector in transition.The £60 million sale (4 Nov) of the group's Records Management business pleased the market. The divestment received a thumbs up thanks to the price tag achieved and because the funds can be...

Latham (James) (LTHM:AIM) 577.5pSheet and hardwood supplier Latham has been consistently profitable for the past 10 years, more than doubling operating profit in the same period. The Hemel Hempstead-based company is expected to grow earnings per share 19% to 39.5p this year.Leaf Clean Energy (LEAF:AIM) 34pRenewable energy investor Leaf Clean is a closed-end fund in run-off. At a meeting in...

Primark owner Associated British Foods (ABF) falls 4.85% to £27.68 on a mixed pre-close trading statement. Earnings per share (EPS) for the year to 13 September will be ahead of last year, with strong performances in groceries and at budget fashion chain Primark, where like-for-like sales grew 4.5% and margins improved, offsetting lower sugar profits and currency headwinds. However, news of...