News And Announcements
Aviva jumps on share buyback report
Aviva shares were on the rise on Monday following a report that suggested the insurer is planning a £1bn buyback of its stock.
Vianet wins 'significant' new contract with coffee company
The Smart Machines division of AIM-listed Vianet has won a "significant" new contract with a multinational pure play coffee company.
Morgan Sindall's Lovell awarded £250m MoD contract
Morgan Sindall's Lovell subsidiary has been awarded a contract by the Ministry of Defence worth around £250m spread over three years.
Patisserie Holdings reports record annual profit and revenue
Patisserie Valerie parent Patisserie Holdings reported record annual revenue and profit on Monday against a "challenging" backdrop, as it hit its target with 20 new store openings.
Pearson offloads Wall Street English in $300m deal
Pearson has agreed the sale of Wall Street English to a consortium consisting of funds affiliated with Baring Private Equity Asia and CITIC Capital, it announced on Monday.
International PPL consortium appointed preferred bidder to offshore transmission project
Infrastructure investment group International Public Partnerships said on Monday that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment, has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project.
AstraZeneca pitches Tagrisso for new application in Japan
AstraZeneca announced the submission of a supplemental new drug application (sNDA) to Japan's Pharmaceuticals and Medical Devices Agency for the use of Tagrisso (osimertinib), a third-generation, irreversible epidermal growth factor receptor (EGFR) tyrosine kinase inhibitor (TKI) with clinical activity against central nervous system (CNS) metastases, on Monday.
LondonMetric sells two properties for £18.6m
LondonMetric Property has exchanged on the sale of an Odeon Cinema in Derby and a retail asset in Guisborough for £18. 6m, it announced on Monday, reflecting a blended net initial yield of 4. 8%.
Ultra Electronics wins UK and Swedish contracts
Ultra Electronics has won a brace of contracts, one in the UK and one with Sweden's Saab, two weeks after the defence and security supplier issued a profit warning due to a slowdown in UK defence spending.