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Avacta enters licence deal with Werfen subsidiary Biokit
Cancer therapy and diagnostics developer Avacta has entered into a licence agreement with Werfen subsidiary Biokit, it announced on Tuesday, to incorporate ‘Affimer’ reagents into a Biokit in-vitro diagnostic product.
Pent-up demand delivers strong first half for DFS
DFS Furniture reported a "resilient" first half on Tuesday and predicted trading would continue to strengthen as lockdown restrictions ease, boosting the shares.
Marshall Motor FY revenues and profits slide amid Covid-19 pandemic
Automotive retail group Marshall Motor said on Tuesday that full-year revenues and profits had slid in 2020 as a result of lockdown measures associated with the Covid-19 pandemic.
Asia report: Stocks mixed as investors keep watch on bond yields
Markets in Asia finished in a mixed state on Tuesday, with stocks in China and South Korea on the back foot, as investors continued to grapple with rising bond yields.
John Menzies swings to FY loss as Covid batters air industry
Aviation services group John Menzies swung to a full-year loss as the Covid-19 pandemic battered the travel industry last year.
Capital & Counties property value falls amid Covid-19
Real estate investment trust Capital & Counties said on Tuesday that the total value of its properties had decreased in 2020 but stated it was "well-positioned" to benefit from recovery over time.
Entain's £316m bid for Enlabs secures regulatory backing
Entain’s £316m offer for Sweden's Enlabs has received the backing of all relevant regulators, the blue chip said on Tuesday.
Keller profits rise despite revenue drop; outlook cautious
Keller posted a rise in full-year profit on Tuesday and a performance ahead of market expectations, despite a drop in revenues, as it struck a cautious note on the outlook.
M&G describes 'strong' result as IFRS profits rise
M&G reported adjusted operating profit before tax of £788m in its full-year results on Tuesday, down from £1. 15bn year-on-year, and reflecting the first full year of listed infrastructure costs.
TP Icap FY operating profits slip in 2020
Broker TP Icap said on Tuesday that revenues and operating profits had slipped in 2020 amid the ongoing Covid-19 pandemic.
London open: Stocks steady as investors pause for breath
London stocks were steady in early trade on Tuesday following solid gains in the previous session.
Europe open: Shares flat as miners fall on softer commodities
European shares were flat at the opening on Tuesday as mining stocks fell on weaker commodity prices.
Cairn Energy swings to FY operating loss in 2020
Exploration and development firm Cairn Energy said on Tuesday that it had swung to a full-year operating loss in 2020.
WH Smith cuts cash burn forecasts after brighter start to year
WH Smith cut its cash burn forecasts after better-than-expected trading in the first two months of 2021 despite the national lockdown imposed on January 4.
ITV full-year profits, revenue hit by pandemic
Broadcaster ITV posted a decline in full-year profit and revenue on Tuesday as it took a hit from the Covid-19 pandemic.
Gamesys delivers 'outstanding financial performance' in 2020
Online gaming operator Gamesys said on Tuesday that it had delivered an "outstanding financial performance" in 2020, with both revenues and underlying earnings improving throughout the year.
IWG's recovery from Covid-19 pandemic taking longer than initially expected
Serviced offices provider IWG said on Tuesday that it would be forced to shutter more underperforming locations as a result of the market recovery from the coronavirus pandemic was taking longer than anticipated.
Domino's delivers £45m share buyback, 200 new stores as profits rise
Pizza chain Domino's unveiled a £45m share buyback and rise in annual profit as it announced plans to open another 200 stores.
Ultra Electronics full year underpinned by contract wins
Defence contractor Ultra Electronics reported a jump in full-year profit and revenue on Tuesday as it won a number of new contracts.
Standard Life Aberdeen profits fall as rebranding flagged later in 2021
Asset manager Standard Life Aberdeen reported a 16. 6% fall in annual profits as it declared a dividend and started to focus on client-led growth out of the Covid crisis.