Company News
Itaconix lands first European detergent polymer sale
Itaconix said on Friday that it received its first order from a European customer for its latest bio-based detergent polymer following a successful trial.
Unisys raises full-year guidance after bumper first quarter
Unisys Corporation reported its first-quarter financial results on Friday, raising its full-year guidance for non-GAAP adjusted revenue and reaffirmed its full-year guidance for its non-GAAP operating profit margin and adjusted EBITDA margin.
Angus Energy re-perforates sidetrack at Brockham well site
Angus Energy updated the market on operations at its Brockham well site on Friday, reporting that the BRX4Z sidetrack had been successfully re-perforated from 988 metres to 1044m measured depth.
Trans-Siberian Gold to buy back shares from big investors
Trans-Siberian Gold shares fell after the company said it would buy back shares from two of its biggest investors.
Societe Generale Q1 net income drops 26%
France’s Societe Generale posted a 26% drop in first-quarter net income on Friday as it pushes ahead with its recently-announced restructuring amid challenging market conditions.
Wood Group completes sale of TNT business in $38m deal
Wood Group confirmed on Friday that it has completed the sale of its conveyor systems business Terra Nova Technologies (TNT).
InterContinental reports strong start to 2019 but occupancy dips
InterContinental Hotels said it made a strong start to the year as revenue per room increased and it expanded capacity but investors were disappointed by a dip in occupancy rates.
Air France KLM loss widens as excess capacity cuts prices
Air France-KLM's first-quarter loss widened as the airline suffered from too much capacity in the market and rising fuel costs.
Intu Properties warns over rental income amid 'challenging' environment
Intu Properties warned over its rental income on Friday as it said the rest of the year was expected to be "challenging" due to a higher-than-expected level of CVAs and a slowdown in new lettings as tenants delay their decisions, partly due to Brexit-related uncertainty.
AstraZeneca gets FDA approval for 'Qternmet XR'
AstraZeneca announced on Friday that the US Food and Drug Administration (FDA) has approved ‘Qternmet XR’ (dapagliflozin, saxagliptin and metformin hydrochloride) extended release tablets as an oral adjunct treatment to diet and exercise, to improve glycaemic control in adults with type-2 diabetes (T2D).
Weak US, UK hit ConvaTec first quarter revenues
Medical products group ConvaTec on Friday said first quarter revenues fell 6% on a reported basis as a “challenging” UK market and weaker US performance hit revenues.
HSBC posts strong profit gain as revenue rises
HSBC’s profit rose by almost a third in the first quarter as revenue increased and costs fell at the global bank.
Merlin says current trading in line with expectations
Theme parks operator Merlin Entertainments said current trading had been in line with expectations during a "seasonally quiet" time of the year.
Ultra Electronics trading in line, upbeat on 2019 outlook
Ultra Electronics said on Friday that it was seeing further positive developments in its order book and continues to trade in line with expectations.
Smurfit Kappa Q1 earnings rise 25% on higher prices
Packaging maker Smurfit Kappa said higher corrugated pricing and demand growth helped first quarter earnings rise 25% to €424m (£363m).