US indices track down after legal defeat for Trump tariffs while bond yields rose in UK, Germany and France

Company recorded revenue of €1.45 billion for the six months to the end of June

Investors adopt wait-and-see approach on Trump tariffs

Analysts at broker Deutsche Numis cut rating on Uniphar to hold from buy

Dublin-based Thera seeks orders preventing Uniphar from blocking its trading account

Hickey's and Life operator is being sued in the High Court over alleged abuse of its market position

Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders

More cuts on the way while Bundesbank warns region’s largest economy will barely grow next year

Shortage of quality stock is likely to spur interest in unit at Greeogue Business Park following refurbishment by Kennedy Wilson

Standout performer in Dublin was healthcare services group Uniphar, which finished up 6.8% after positive trading update

Healthcare services group reported a 27.1% jump in gross profits last year, driven by acquisitions

Strong performance boosts earnings

Healthcare group traded ‘strongly’ in first half, meeting medium-term growth target

Meanwhile, as China’s central bank surprised analysists and delivered a smaller than expected cut to lending rates, Asian stocks tumbled, and these policy signals from China also weighed on sentiment in other global markets.

Labour Court suggests workers should receive a 5% rise this year with further increases until 2025

Outperformance of supply chain and retail division helps drive performance

Details on remuneration are set out in the group’s annual report for 2022

Uniphar were allowed to add to its chain of pharmacies with the purchase of the Sam McCauley network of 37 outlets in months leading up to proposed deal

Company is predicting further profit growth for 2023, with purchase of McCauley pharmacy chain approved

Healthcare services group set to acquire McCauley Pharmacy Group after competition authorities’ clearance