Company News
Vitamin D antibodies drive first-half growth at Bioventix
Monoclonal antibodies developer and supplier Bioventix reported a 24% improvement in its normalised revenue in its half-year report on Friday, to £4. 4m.
Tui warns on profits after grounding of 737 MAX jets
Tour operator Tui warned that its 2019 profit could fall as much as 26% after its Boeing’s 737 MAX aeroplanes were among those grounded due to safety concerns in the wake of recent crashes.
AstraZeneca to raise £2.7bn for cancer collab, bond repayment
AstraZeneca plans to raise $3. 5bn (£2. 7bn) in a share placing to fund a new cancer drug collaboration with Japan's Daiichi Sankyo and repay some of its bonds.
3i Infrastructure pleased with performance ahead of year-end
Investment company 3i Infrastructure updated the market on its performance on Friday, reporting total income and non-income cash of £69m in the period from 1 October to 28 March.
Micro Focus reiterates expectations for slower revenue decline
Software company Micro Focus International reiterated its previous guidance for the financial year on Friday, as its investors gathered for its annual general meeting.
Travis Perkins CEO Carter to step down
Travis Perkins chief executive John Carter will step down in August after five years in the role and just months after launching a new strategy for the Wickes owner.