Second time lucky for Lucy Rigby? July 29, 2026 The Square Mile has welcomed its fifth City minister in two years and a familiar face is back in the hot seat- but can she deliver? Few tears were shed in the City when it became clear that Rachel Reeves would be out of Number 11 Downing Street. Yet the surprise return of her erstwhile [...]
‘Nasty’ chip stock rout plunges Nasdaq into correction territory July 29, 2026 A global rout in chip stocks plunged the Nasdaq into correction territory on Tuesday just hours after South Korea’s bourse was forced to halt trading, in a sharp change of fortunes for what has been one of the year’s top performing exchanges. New York’s tech-heavy index fell nearly two per cent at the US market [...]
Luxfer Enters Into Agreement to Be Acquired for $17.37 Per Share in All-Cash Transaction; Reports Second Quarter Results July 28, 2026 On July 26, 2026, Luxfer Holdings PLC entered into a definitive agreement to be acquired by affiliates of Wynnchurch Capital, L.P. (“Wynnchurch”) in an all-cash transaction. Under the terms of the agreement, unanimously approved by the directors in attendance at a meeting of Luxfer's Board of Directors, Luxfer shareholders will receive $17.37 per ordinary share in cash. Second Quarter 2026 Highlights* GAAP Net Sales of $95.7 million from $106.6 million, Adjusted Sales 1 declined 3.7% GAAP Net Income was $4.8 million, or $0.18 per diluted share, compared to $2.6 million and $0.10 per diluted share Adjusted EBITDA1 decreased to $13.4 million, down 4.3%, and Adjusted Diluted EPS1 decreased 3.3% to $0.29 Strong Margin Performance, with adjusted gross margin up 130bps to 25.2% and Adjusted EBITDA1 margin of 14.3% GAAP Measures now include the Superform business, previously reported as a discontinued operation. * Comparative information is relative to prior-year second quarter. 1 Note: Adjusted results exclude Superform and Graphic Arts businesses.
Options Strengthens North America Presence with New York Office Expansion In the Heart of Wall Street July 28, 2026 Options Technology (Options), the leading provider of IT infrastructure to global financial institution managed services, today announced the expansion of its New York office. This expansion comes after increased client growth and surging demand across North America for the firm’s trading infrastructure and market data solutions. The 34,000 square foot office, located in the heart [...]
Luxfer Enters Into Agreement to Be Acquired for $17.37 Per Share in All-Cash Transaction July 27, 2026 Luxfer Holdings PLC (NYSE: LXFR), a global industrial company innovating niche applications in materials engineering, today announced that it has entered into a definitive agreement to be acquired by affiliates of Wynnchurch Capital, L.P. (“Wynnchurch”) in an all-cash transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260727527925/en/ Transaction Overview Under the terms [...]
Hilton, Butlins left fuming over business rates snub July 24, 2026 Hilton and Butlins have been left fuming after being snubbed by Andy Burnham’s pledge to slash business rates for pubs, clubs and music venues. The two hospitality giants said that hotels and resorts have been unfairly ignored by successive government interventions to cut the business rates bills of hospitality firms. Stephen Cassidy, senior vice president [...]
Milestone Alphabet century bond already under pressure July 23, 2026 Alphabet’s historic century bond has shed more than seven per cent of its value in just five months, amid a wider downturn in long-dated debt and increased scepticism on the earnings potential of the US’s so-called hyperscalers. The sterling-denominated 100-year bond, which the Google owner will not have to repay until 2126, has sold off [...]
FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover July 22, 2026 Segro has said it is “minded to accept” the £14bn takeover offer tabled by US real estate giant Prologis. The FTSE 100 property firm said on Wednesday evening that the terms of Prologis’s fourth bid are at a level it would be willing to recommend to its shareholders. Segro’s update came just five minutes before [...]
Options Technology Extends Low Latency Infrastructure to Support All MIAX U.S. Exchanges July 22, 2026 Options Technology (Options), a leading provider of high-performance IT infrastructure for global financial markets, has deepened its eight-year relationship with Miami International Holdings, Inc. (MIAX), extending its low latency infrastructure and connectivity services to support all MIAX’s U.S. exchanges. This includes MIAX Options®, MIAX Pearl®, MIAX Emerald®, and MIAX Sapphire®; MIAX Pearl Equities™; and MIAX [...]
Planet Opens London Office, Expanding European Footprint July 20, 2026 UK office will serve as a convening hub for customer events, country delegations and regional talent