Company News
Stagecoach says pensions a big risk to rail industry
Stagecoach Group shares were wavering above and below the waterline on Thursday morning, after the company provided further information on the approach it had taken on pension risks in its three most recent bids for UK rail franchises.
N Brown full-year profits beat expectations
Specialist womenswear retailer N Brown said on Thursday that it swung to a statutory full-year loss, but adjusted pre-tax profit came in ahead of expectations.
James Fisher 'well placed' as marine division geared for strong H2
Fisher James & Sons on Thursday reported that its first quarter was in line with expectations as its tankships and offshore oil divisions traded "well ahead" of the same period last year, while its two other divisions would be more second half weighted.
Smith & Nephew shares rise as board updates revenue guidance
Smith & Nephew reported improved organic revenue growth across its business in its first quarter on Thursday, with revenue in the period rising 4. 4% on an underlying basis to $1. 2bn.
Andy Hornby appointed as boss of The Restaurant Group
The Restaurant Group has appointed Andy Hornby, who ran HBOS when the bank came close to collapse, as its next chief executive.
Shell profit falls but beats expectations
Royal Dutch Shell's first-quarter profit fell but easily outstripped expectations as stronger trading and higher gas prices helped make up for lower oil prices.
Paddy Power Q1 revenues up despite 'unfavourable' sports results
First quarter revenues at bookmaker Paddy Power Betfair rose 17% despite a string of “unfavourable” racing and football results in the UK and Ireland.
Rolls-Royce on track to meet FY expectations
Engine maker Rolls-Royce reiterated cost guidance on repairs to its Trent 1000 aircraft engine adding it was on track to meet overall full year expectations.
Lloyds profit unchanged as charges offset rising income
Lloyds Banking Group's first-quarter profit was unchanged as market swings and other items offset rising income and lower costs at Britain's biggest retail bank.
Higher prices boost Howden Joinery revenues
Higher prices helped Howden Joinery increase revenue by 5. 7% overall and by 3. 9% on a same depot basis for the 16 weeks to 20 April 2019.