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7digital inks long-term contract with B2B music fintech
Digital music solutions group 7digital said on Monday that it has inked a long-term contract with business-to-business music fintech company Utopia Music.
Berenberg lowers target price on Ocado
Analysts at Berenberg lowered their target price on online grocer Ocado from 1,415. 0p to 1,290. 0p on Monday but noted that the group's solutions division remained "on track".
Serica board rejects revised offer from Kistos
Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June.
Card Factory CFO Kris Lee heading for the exit
Card Factory said on Monday that chief financial officer Kris Lee has agreed to leave the company following a transition period and will receive £40,000 in compensation for loss of position.
London open: Stocks edge down ahead of busy week
London stocks edged lower in early trade on Monday as investors eyed the latest policy announcement from the US Federal Reserve later in the week and a raft of corporate updates.
Judges Scientific trading varied amid post-Covid recovery
Scientific instrument technology investor Judges Scientific reported “continued resilience and progress” in its first half on Monday as it recovered from the Covid-19 pandemic, with “much improved travel” across most of its markets, although supply chain disruptions were worsening.
SThree delivers 'excellent' H1 performance, revenue and profits up double digits
Staffing business SThree said on Monday that it had delivered an "excellent performance" in the six months ended 31 May, with both revenue and profits up double digits year-on-year.
Spirax-Sarco signs binding £223m deal to buy Vulcanic Group
Thermal energy and pumping specialist Spirax-Sarco Engineering has signed a binding definitive agreement to acquire the Vulcanic Group from French private equity company Qualium, it announced on Monday.
Hill & Smith proposes £62m sale of France Galva
Infrastructure and transport engineering company Hill & Smith announced the proposed disposal of its French galvanising and steel lighting column operations, France Galva, for a net equity price of €72. 6m (£61. 51m) on Monday.
Sanne delivers double-digit organic revenue growth in H1
Financial services company Sanne Group said on Monday that it had delivered "a strong performance" in the six months ended 30 June, with a return to double-digit organic revenue growth, record new business wins, and continued strong cash generation.
Naked Wines CFO Shawn Tabak steps down
Naked Wines said on Monday that chief financial officer Shawn Tabak agreed to step down by mutual agreement with effect from last Friday.
AstraZeneca GMG drug recommended for EU approval
AstraZeneca said its treatment for the rare autoimmune neuromuscular disease generalised myasthenia gravis (GMG) has been recommended for marketing authorisation in the European Union as an add-on to standard therapy for adult patients who are anti-acetylcholine receptor (AChR) antibody-positive.
Ryanair swings to profit in Q1 as traffic recovers
Budget airline Ryanair said on Monday that it swung to a profit in the first quarter as traffic recovered, but did not provide any guidance for the year given the "fragile" air travel market.
AstraZeneca asthma drug gets EU marketing approval
AstraZeneca's asthma treatment Tezspire has been recommended for marketing authorisation in the European Union as an add-on therapy in patients 12 years and older, the company said.
Primary Health Properties buys medical centre for £7.25m
Primary Health Properties has bought the Strawberry Hill Medical Centre, Newbury for £7. 25m, the company said on Monday.
Vesuvius sees FY trading profit at top end of expectations
Molten metal flow engineer Vesuvius said on Monday that full-year trading profit was set to be towards to the top of the range of analyst expectations following better-than-expected trading in May and June.
Vodafone revenues rise in Q1, AstraZeneca breast cancer asset receives priority review status in the US
London pre-open The FTSE 100 was being called to open 35. 8 points lower ahead of the bell on Monday after closing out the previous session just 0. 08% higher at 7,276. 37.
London pre-open: Stocks seen down on weak US cues
London stocks were set to drop at the open on Monday following a weak finish on Wall Street at the end of last week.
AstraZeneca breast cancer drug granted priority review by US FDA
Drugmaker AstraZeneca said on Monday that its Enhertu metastatic breast cancer asset had been granted priority review status in the US following results from its DESTINY-Breast04 trial.
Monday newspaper round-up: Airport workers, supercars, National Grid
More than two in five airport workers are considering quitting, research suggests, which could escalate delays already seen at terminals due to low staffing numbers. A survey of 1,700 workers by the UK jobs site CV-Library found reasons for wanting to leave the industry included wanting better pay and less stress. However, only 5% of respondents blamed the current situation at UK airports, where there have been long delays in recent months. – Guardian.