Company News
Trading on track at Record despite revenue dip
Asset manager Record said trading remained in line with expectations on Friday, despite a dip in revenues and more "challenging" conditions.
Higher palm oil prices boost MP Evans
Shares in MP Evans Group rallied on Friday, after the AIM-listed firm said a surprise jump in crude palm oil prices would bolster profits.
Victoria expects demand to pick up in second half
Flooring manufacturer Victoria said it expects full-year results to be in line with market forecasts, predicting a pick-up in momentum in the second half.
Evotec surges on Halozyme takeover interest
Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11. 00 per share in cash, or about €2bn.
Volex makes two rejected bids for TT Electronics
Volex announced on Friday that it has submitted two proposals to acquire the London-listed TT Electronics in a cash-and-shares deal, valuing it at around £249m.
Convatec disappointed as InnovaMatrix excluded from Medicare coverage
Medical products group Convatec has expressed disappointment with a ruling which excludes its InnovaMatrix product from Medicare coverage in the US, but says it is confident of securing coverage in the future.
Land Securities swings to profit on growing demand; Lifts EPS guidance
Land Securities returned to profit and lifted guidance in the six months to September as the property market continued to recover, underpinned by growing rental demand and occupancy.
MJ Gleeson sees FY in line despite ‘lack of conviction’ in market
Housebuilder MJ Gleeson said on Friday that it remains on track for full-year results in line with market expectations despite a "lack of conviction" in the market, which continued through the Autumn.