Company News
Mitie to cut around 480 jobs, considers selling property management business
Outsourcer Mitie was under the cosh on Wednesday as it said it will cut around 480 jobs as a result of its transformation programme and announced that it is considering selling its property management business.
Shire reports positive results from ADHD trials in Japan
Shire and partner Shionogi have produced positive top-line clinical results in treatment of attention deficit hyperactivity disorder (ADHD) in Japanese adults with ADHD.
Domino's Pizza announces share buyback
Domino's Pizza Group announced a £15m share buyback to be completed by mid-October.
Vietnam Enterprise Investments beats index in first half
Vietnam Enterprise Investments reported a 26. 5% improvement in its net asset value per share for its first half on Wednesday, to $5. 58, which it said outperformed the VN index by 7. 9%.
Babcock trading in line, reaffirms full-year guidance
Babcock reiterated its guidance for the year on Wednesday as it said trading has been in line with its expectations.
Cairn Energy agrees amended timetable for India tax dispute
Cairn Energy updated the market on its ongoing tax dispute with the Government of India on Wednesday, which was taking place under the UK-India Bilateral Investment Treaty.
Court rules against BTG in Vistogard dispute with Wellstat
Specialist healthcare company BTG announced on Wednesday that a memorandum opinion has been issued by the Court of Chancery of Delaware, ruling against BTG in its previously-announced litigation with Wellstat Therapeutics Corporation over the commercialisation of Vistogard.
GlaxoSmithKline posts positive results from Trelegy Ellipta study
GlaxoSmithKline’s positivity around its Trelegy Ellipta product continued on Wednesday, as the company - alongside US firm Innoviva - announced headline results from the landmark phase III IMPACT study.
Diageo business 'continuing to strengthen'
Diageo issued an update on its trading on Wednesday morning, claiming its business continued to strengthen through improved marketing, innovation and commercial execution, as investors prepared for the company’s annual general meeting.