Market Report
Bayer creates new committee to advise on Roundup litigation
Shares of Bayer perked up after the company announced the creation of a new supervisory board committee to help advise management in the ongoing litigation linked to its glyphosate-based weed-killer Roundup.
Staffline to raise up to £41m to cut debt; swings to annual loss
Staffline shares tumbled on Thursday as the recruiter announced that it was looking to raise £41m to cut debt and said it swung to a full-year loss.
Euro area economic sentiment hits 34-month low in June
Economic sentiment across the euro area ebbed to near its lowest level for three years in June and was likely to reinforce the European Central Bank's easing bias, economists said.
Premier Oil bumps up Zama field resource estimate
Premier Oil said on Thursday that it has "significantly" increased its resource estimate for the Zama field offshore Mexico.
Airea earnings slide despite 'very strong' order book
Floor coverings manufacturer Airea expects to report lower earnings from the first half of its trading year despite "a very strong order book" and first quarter, bolstered by continued growth in the group's export markets.
Rotala acquires Bolton bus depot from FirstGroup
Bus operator Rotala has acquired a depot in Bolton, Greater Manchester, capable of operating up to 200 vehicles and serving 18 commercial bus routes.
Syncona offloads Blue Earth Diagnostics to Bracco Imaging
Healthcare company Syncona has agreed to sell its portfolio company Blue Earth Diagnostics to Bracco Imaging for $450m.
AstraZeneca reveals positive overall survival results from Imfinzi trial
Biopharmaceutical company AstraZeneca revealed some positive overall survival results from its Phase III CASPIAN trial with Imfinzi, a human monoclonal antibody.
Tandem Group shares tumble as group remains cautious of 'ongoing Brexit debacle'
Despite reporting overall revenue growth, sports and leisure products distributor Tandem Group's shares tumbled on Thursday after its chairman told investors at the group's annual general meeting that there had been an ongoing decline in its more traditional independent bicycle dealer sales in the six months ended 23 June.
Allner out, Hollingsworth in as Go-Ahead chair
Go-Ahead Group announced on Thursday that Andrew Allner was stepping down as the company’s non-executive chairman, and would retire from the board at the end of its annual general meeting on 31 October.
Pendragon CEO to leave after just three months in the job
Pendragon has announced the departure of its chief executive after just three months in the job and just two weeks after the car dealer issued a profit warning.
Serco sees 2019 revenue at top end of guidance
FTSE 250 outsourcer Serco said on Thursday that 2019 revenue is expected to be at the top end of its guidance range, thanks in part to strong order intake.
Superdry delays release of annual results
Fashion retailer Superdry has delayed the release of its annual results following changes to its accounts related to store leases.
Richard Watson steps down as Hiscox chief underwriting officer
Specialist insurance company Hiscox announced on Thursday that Richard Watson had informed the board of his decision to retire from his role as chief underwriting officer after 33 years.
London open: Stocks steady as investors eye G20; Kingfisher rallies on CEO appointment
London stocks were steady in early trade on Thursday as investors erred on the side of caution ahead of the upcoming G20 meeting.
Essentra buys US knob and handle manufacturer Innovative Components
Essentra has bought US knob and handle manufacturer Innovative Components for an undisclosed sum in a deal that is expected to be immediately earnings-enhancing.
Hunting trading in line, Kingfisher appoints new CEO
London open The FTSE 100 was called to open six points higher at 7,422.
London pre-open: Stocks to edge up as investors eye G20
London stocks were set to edge tentatively higher at the open on Thursday following an upbeat session in Asia, as investors eyed this week's G20 meeting.