Company News
Newly-focussed Novartis off to a good start as it lifts 2019 guidance
Novartis said it had started 2019 with “strong” sales and double digit core operating income growth on Wednesday, as it updated the market on its first quarter.
Henderson Alternative Strategies ropes in Alex Barr as senior manager
Henderson Alternative Strategies Trust reported on Wednesday that Alex Barr had been appointed as a senior manager, to work alongside James de Bunsen and Peter Webster.
Credit Suisse Q1 profit beats expectations
Credit Suisse reported an 8% jump in first-quarter net income on Wednesday as revenues rose on the quarter but fell on the year.
OptiBiotix to launch SlimBiome Medical in UK market this month
Life sciences business OptiBiotix Health announced the launch of its weight management product ‘SlimBiome Medical’ to the UK market on Wednesday.
Gama Aviation soars despite gloomy outlook on 'challenging' 2019
Gama Aviation shares climbed on Wednesday after the firm reported higher full-year revenue, despite describing the year as "disappointing" and taking a cautious stance on its outlook amid "challenging" European market conditions.
Biome makes 'small' profit as revenues improve on Q4
Technology group Biome saw revenues improve quarter-on-quarter, helping it carve out a small pre-tax profit.
SysGroup EBITDA in line with expectations on growing revenues
IT services and cloud hosting provider SysGroup told investors on Wednesday that both full-year revenue and adjusted EBITDA would be in line with management's expectations.
Westminster Group shares climb after $3.48m contract win
Westminster Group shares climbed on Wednesday after being awarded a $3. 48m contract for the provision of advanced container screening solutions to two separate ports in an unspecified Asian country.
L&G agrees first Canadian pension risk transfer deal
Legal & General on Wednesday said it had entered its first Canadian pension risk transfer (PRT) deal worth more than CAD 200m (£114m).
PureTech narrows losses in 'most ambitious year yet'
Biopharmaceutical company PureTech Health grew revenues and narrowed losses in its "most ambitious year yet".
Boohoo profits and revenue rise as PLT and Nasty Gal shine
Fast fashion brand Boohoo posted a jump in full-year revenue and profit on Wednesday amid growth across all three of its brands, with PrettyLittleThing a standout performer.
Aviva's UK insurance CEO steps down
Aviva's UK insurance head Andy Briggs has stepped down from the board, effective immediately.
IntegraFin's 'Transact' sees positive growth in second quarter
IntegraFin Holdings updated the market on funds under direction for its financial adviser platform ‘Transact’ on Wednesday, reporting that as at 31 March they totalled £34. 41bn.
Trafalgar Property exchanges contracts on assisted living site
Residential and assisted living property developer Trafalgar Property has exchanged contracts to acquire a site for the development of its first assisted living scheme.
One-off charges hammer ABF's bottom line
Associated British Foods posted a big drop in first half earnings as the company's bottom line was hammered by one-off costs, but said full-year profits were still expected to be in line with the prior year's result.
Amigo CEO steps down to undertake medical treatment
Loans provider Amigo Holdings' chief executive Glen Crawford announced his intention to retire from the group in order to undertake medical treatment for a degenerative spinal condition.
Antofagasta beats cost guidance in first quarter
Antofagasta reported a 22. 6% year-on-year improvement in copper production in it first quarter on Wednesday, to 188,600 tonnes, which was in line with expectations.
CRH hails 'positive' start to year as LFL sales rise 7% in Q1
Building materials group CRH hailed a "positive" start to the year on Wednesday as it posted a rise in first-quarter like-for-like sales and said earnings for the second half will be ahead of last year.
Centamin Q1 gold production exceeds forecasts; reiterates FY guidance
Centamin said first quarter production at its Sukari gold mine in Egypt exceeded expectations as it reiterated full year targets.