Company News
Real Good Food sells Rainbow Dust Colours, lowers forecasts for year
Cake decoration specialist Real Good Food announced the sale of the business and certain Rainbow Dust Colours (RDC) assets on Friday to European Fermentation Products for £0. 8m in cash, as it lowered its expectations for its remaining operations.
Record H1 profits drop as margins contract
Management consulting services company Record said on Friday that profits had slumped in the six months ended 30 September.
AstraZeneca gets US approval for breast cancer treatment
AstraZeneca’s ‘Truqap’, or capivasertib, in combination with ‘Faslodex’, or fulvestrant, has secured approval from the US Food and Drug Administration (FDA) for specific breast cancer treatments, the company announced on Friday.
UK retail sales unexpectedly fall in October
Retail sales unexpectedly fell in October as wet weather and the cost-of-living crisis took their toll, according to data released on Friday by the Office for National Statistics.
Smiths News secures 5-year contract extension with Marketforce
Smiths News announced on Friday that it has secured a new five-year contract with magazine distributor Marketforce, which is part of media group Future.
Indivior extends deal with investor Scopia to keep boardmember Jerome Lande
Pharma group Indivior has extended its deal with shareholder Scopia Capital Management that will see the latter's representative Jerome Lande stay on the board until the end of next year.
Hill & Smith snaps up Ohio drainage firm for £11m
FTSE 250-listed infrastructure group Hill & Smith is spending £11. 4m to buy Ohio-based drainage company United Fiberglass.
FirstGroup partners with Hitachi to buy 1,000 electric bus batteries
Aberdeen-based transport company FirstGroup has signed a deal with Hitachi that will see it buy up to 1,000 electric bus batteries as it works towards is decarbonisation targets.