News And Announcements
Gem Diamonds recovers 152 carat diamond from Letseng
Gem Diamonds said on Wednesday that it has recovered a 152 carat, top white colour type IIa diamond from its Letseng mine in Lesotho.
Lookers profit drops amid 'difficult' trading condtions
Motor retail and aftersales service group Lookers reported a drop in full-year pre-tax profit on Wednesday, a performance it described as "respectable" amid difficult trading conditions, particularly in the new car market.
Smurfit Kappa repeats rejection of International Paper's €8.6bn bid approach
Smurfit Kappa has reiterated its rejection of International Paper’s takeover approach after the US company revealed it proposed paying €8. 6bn (£7. 7bn) for Europe’s biggest cardboard box maker.
Debenhams may rent store space to hot-desking firm
Debenhams is negotiating to rent out space in its flagship department store to hot-desking company WeWork in a move to save costs.
Esure holds dividend steady as search for CEO continues
Esure kept its full-year dividend steady and said it had begun the search for a new chief executive to help steer the motor and home insurer through an increasingly digital and data-laden market.
Hill & Smith surges a it hails 'best ever' trading performance in 2017
Hill & Smith shares surged on Wednesday as the group hailed its "best ever" trading performance in 2017.
NMC Health profit surges on increased patient numbers
NMC Health’s annual profit jumped by more than a third as the United Arab Emirates private healthcare operator treated more people and increased revenue per patient.
Rank Group CEO steps away after four years in role
Rank Group chief executive Henry Birch has chosen to stand down from his role with the Casino operator after four years.
National Grid tentatively positive on Ofgem price control proposals
National Grid was relatively coy on its initial thoughts with regard to the latest gas and electricity transmission price control proposal on Wednesday.
DS Smith pleased with second half performance
DS Smith updated the market on its trading for the period since 1 November on Wednesday, with the board reporting “good progress”, reflecting the increasing relevance of sustainable packaging and its customer offering.
PageGroup profit up on solid overseas performance, but UK challenging
FTSE 250 recruiter PageGroup posted an 18% jump in pre-tax profit on Wednesday in a year that saw record gross profit in 22 countries, but the UK was a weak spot.
Legal & General annual profit beats forecasts
Legal & General’s annual profit rose by almost a third to beat expectations as the insurer sold more retirement products and released £332m from its reserves.