Company News
Ted Baker owner Authentic strikes deal to relaunch brand online
Ted Baker's owner and retail conglomerate Authentic Brands Group has announced a deal with its US partner to relaunch the brand as a pure-play online retailer later this year after its final bricks-and-mortar stores closed this week.
GSK upbeat on Zantac litigation development, Japan approvals
GSK announced a number of developments on Wednesday, firstly welcoming a decision from the Delaware Supreme Court to review a lower court ruling that allowed the introduction of expert evidence in the ongoing litigation over ‘Zantac’, or ranitidine.
Wood Group agrees sale of EthosEnergy, CEC Controls for $165m
Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.
Hochschild keeps targets after strong H1, hints at capital return next year
Americas-focused precious metals producer Hochschild Mining has reiterated its output guidance despite operations at its newly opened Mara Rosa mine running slowly, as it swung into profit for the first half on the back of rising commodity prices, lower costs and a reduction in impairment charges.
Frasers takes 14.65% stake in Australia's Accent Group
Frasers Group said it had taken a 14. 65% stake in Accent Group, a retail and distribution business in Australia and New Zealand’s performance and lifestyle market.
Prudential maintains profit targets after "resilient" first half
Insurance giant Prudential said it is on track to hit its medium-term profit targets after a solid first half, and announced an acceleration in sales momentum since the period-end.