Latest News
Drax boosted by HSBC upgrade
Drax got a boost on Friday as HSBC upgraded the stock to ‘hold’ from ‘reduce’ with an unchanged price target of 315p following weakness in the shares after the first-half results.
Cineworld completes acquisition of five Empire sites
Movie theatre operator Cineworld Group confirmed on Friday that it has completed the acquisition of five cinemas from Cinema Holdings Limited, the holding company of Empire Cinema.
Breithaupt out and McCue in at Restaurant Group
Pub and restaurant chain operator The Restaurant Group announced on Friday that after 15 years with the company, and two years as CEO, Danny Breithaupt will step down from the board and leave the company with immediate effect.
Genus suffers legal setback Stateside
Genus suffered a legal setback Stateside as a US judge handed down a series of verdicts against the animal genetics specialist.
Friday newspaper round-up: Tata Steel, Hinckley Point C, Gatwick
The business secretary flew to India for a secret meeting with the head of Tata Steel amid growing concern over the future of the Port Talbot steelworks. Greg Clark met Cyrus Mistry, the chairman of Tata Steel and of its parent company, Tata Sons, in New Delhi on Wednesday. The new minister was understood to be keen to hold a face-to-face meeting after a number of phone calls with Mr Mistry and ordered officials to set up the one-day trip. - The Times.