Headline News
GSK to sell remaining 4.2% stake in Haleon
GSK said on Thursday that it plans to sell its entire remaining 4. 2% stake in Haleon.
Philly Fed index declines amid drop in new orders
Factory activity in the US mid-Atlantic region slowed a tad more than expected in May, the results of a closely-followed survey revealed.
Watches of Switzerland shares surge on 'cautiously optimistic' outlook, Q4 sales
Shares in Watches of Switzerland surged 15% on Thursday as the luxury timepiece retailer said it was “cautiously optimistic” about future trading after a 4% rise in sales in the final quarter of its financial year driven by a strong performance in the US.
Chevron preparing to sell UK North Sea oil and gas assets - report
Chevron is reportedly set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy firm’s exit from the ageing basin after more than 55 years.
Thames Water's biggest shareholder withdraws from board
Thames Water’s largest shareholder has withdrawn its representative from the crisis-hit utility's board, it was confirmed on Thursday.
US healthcare firm AOTI planning £160m London float - report
US woundcare technology developer AOTI is reportedly preparing to push the button on a London stock market flotation next month.
Roche sees positive results from weight-loss trials
Roche reported positive trial results for its experimental weight loss treatment on Thursday, sending shares in the Swiss drugs group higher.
Future to return £45m to investors, shares soar
Future unveiled plans to return a further £45m to shareholders on Thursday, sending the shares higher, despite a fall in half-year revenues and profits.
First-quarter earnings jump at Helios Towers
Telecom equipment specialist Helios Towers reiterated its full-year outlook on Thursday, after a jump in first-quarter earnings.
Rental income rises as Grainger reports robust demand
Listed residential landlord Grainger reported an 11% increase in first-half net rental income on Thursday, to £53. 2m, continuing its upward trajectory since its ‘strategic restart’ in 2016.
Auction Technology maintains guidance despite earnings fall
Auction Technology Group reported 6% growth in first-half revenue on Thursday, to $86m (£67. 81m), driven by strong growth in value-added services and contributions from ‘EstateSales’.
Sage Group shares fall on guidance downgrade
Sage Group shares were well into the red on Thursday morning, despite reporting a robust first-half performance, as the company downgraded its guidance.
Vistry lifts housebuilding target as forward sales surge
Vistry lifted its annual homebuilding target to more than 18,000 driven by a 10% year-on-year rise in forward sales.
Revenue slips further amid tough market for Tyman
Window and door components supplier Tyman reported a 5% decrease in group revenue for the period from 1 January to 30 April on Thursday, to £205m, reflecting a 4% decline on a like-for-like basis.
EasyJet chief to step down next year
EasyJet chief executive Johan Lundgren is to step down after more than seven years in the role, the budget carrier said on Thursday.
Premier Foods full-year results beat expectations
Mr Kipling owner Premier Foods said on Thursday that its full-year performance was ahead of expectations and it returned to volume growth in the fourth quarter.