News And Announcements
WPP faces potential class action suit following Sorrell's hushed-up exit
A US law firm has launched an investigation on behalf of WPP investors following the resignation of long-time chief executive Sir Martin Sorrell for alleged "personal misconduct".
Boohoo sales surge 53% in first quarter
Fast fashion retailer Boohoo. com posted a 53% jump in first-quarter revenue on Tuesday, with strong performances across all geographies and brands as it continues to gain market share.
Acacia Mining reports fatality at Tanzanian mine
One of Tanzanian gold producer Acacia Mining's contract team has been involved in a fatal accident at its North Mara mine.
Halma beats expectations with full year growth
Halma, the safety product manufacturer, grew at double-digit rates last year and was confident that its updated growth strategy would allow further progress this year.
Workspace granted planning permission at two London sites
Workspace Group has been granted planning consent for a refurbishment of 12-13 and 14 Greville Street in Farringdon, and for additional space at the Biscuit Factory in Bermondsey, it announced on Tuesday.
Massawa feasibility study nearing finalisation, says Randgold
Randgold Resources updated the market on its Massawa gold project in Senegal on Tuesday, reporting that the feasibility study was nearing finalisation, with a development decision scheduled for the end of the year.
Bellway expects strong annual earnings growth
Bellway said it was on track for strong earnings growth this year as the housebuilder predicted record annual sales of more than 10,000 homes.
Ted Baker sales rise despite unseasonal weather, challenging conditions
Fashion brand Ted Baker posted a jump in revenue for the 19 weeks to 9 June despite unseasonal weather across Europe and the East Coast of America and still-challenging external trading conditions across many of its global markets.
BAT trading in line but expects currency hit
British American Tobacco said it was trading in line with expectations but that profit would be affected by significant currency fluctuations.
AstraZeneca and Eli Lilly end disappointing Alzheimer's trials
AstraZeneca, alongside its partner Eli Lilly and Company, announced on Tuesday the discontinuation of the global Phase III clinical trials of lanabecestat, an oral beta secretase cleaving enzyme (BACE) inhibitor, for the treatment of Alzheimer's disease.