News And Announcements
NAHL trading in line despite slight stumble amid operational changes
NAHL Group on Wednesday reported modestly lower earnings in parts of its personal injury business, though its performance was still expected to meet its expectations for the first half of the year.
Capita CFO packs his bags
Capita chief financial officer Nick Greatorex has given notice that he intends to leave the outsourcer, seven months after a new chief executive was appointed.
Premier Foods CEO survives re-election vote; Q1 sales up 1.7%
The chief executive officer of Mr Kipling and Bisto owner Premier Foods survived an attempt to oust him on Wednesday, as the company posted a rise in first-quarter total group sales and said expectations for the year remain unchanged.
Goldman reinstates Ascential at 'buy' after exhibitions sale
Goldman Sachs reinstated coverage of Ascential, formerly EMAP, with a 'buy' rating and 560p price target, saying the new business mix will support double-digit organic growth to 2020.
US open: Stocks mostly higher as Morgan Stanley rallies on earnings
US stocks were mostly a little higher in early trade on Wednesday, with Morgan Stanley boosted by solid second-quarter earnings, as investors digested the latest testimony from Federal Reserve chairman Jerome Powell and some disappointing data on housing starts.
Astrazeneca hoards drugs in preparation for Brexit
Astrazeneca is increasing its stockpiles of drugs by a fifth to ensure the smooth supply of medicines in the case of a hard Brexit in April 2019.
Quadrise Fuels signs MoU with fuel merchant Freepoint
Quadrise Fuels International has signed a memorandum of understanding (MoU) with Freepoint Commodities, it announced on Wednesday.
Scancell exercises option for Ichor's TriGrid 2.0
Novel immunotherapies developer Scancell Holdings has exercised its option to a worldwide commercial licence for the use of Ichor Medical Systems' proprietary ‘TriGrid 2. 0’ electroporation delivery system with SCIB1 - Scancell's ‘ImmunoBody’ vaccine for the treatment of melanoma - it announced on Wednesday.
Biffa trading in line, investors told
Waste management company Biffa updated the market on its trading on Wednesday, for the period from 31 March to date.
Sky gets pat on the back in latest Ofcom complaints stats
As children's entertainment behemoth Disney and Rupert Murdoch’s 21st Century Fox tussle for control of Sky, Ofcom has revealed the broadcaster and telecoms utility was the least complained about provider in the latest complaints league table.
Google fined €4.3bn by EU over Android case
Tech giant Google has been fined €4. 3bn ($5bn) by the European Union for abusing its market position over smartphone makers and ordered to change the way it puts web browser apps on Android devices.
Ericsson shares soar after better-than-expected Q2 results
Shares in Swedish telecoms giant Ericsson soared on Wednesday after the company posted an unexpected small operating profit in the second quarter.
Carr's upgrades guidance again
Agricultural and engineering group Carr's said on Wednesday that full-year results will be "slightly" ahead of its previous expectations as trading since its interim results in April has been better than expected.
EasyJet shrugs off turbulent conditions to lift profit guidance
Third-quarter revenues at easyJet rose 14%, despite industrial action in France, prompting the budget carrier to increase its guidance for full-year profits.
Lamprell maintains revenue guidance, still sees no revenue growth until 2019
Lamprell maintained its revenue guidance for the year on Wednesday and said it continues to expect no revenue growth until 2019.
Hotel Chocolat hails 'strong' year, revenue up 12%
British chocolatier Hotel Chocolat posted a jump in revenue on Wednesday and said its new range of chilled drinks have been a hit in the recent hot weather.
Smiths Group shares fall on medical division disappointment
Smiths Group shares were in the red on Wednesday morning, despite a relatively upbeat trading update, as investors noticed an effective profit warning for its medical division buried in the RNS release.
Close Brothers trading in line as it prepares for IFRS 9 impact
Close Brothers Group issued its scheduled pre-close trading update ahead of its 2018 financial year-end on Wednesday, reporting that it had continued to perform “well” across all divisions, consistent with its third quarter trading update.
BTG trading in line as shareholders muster for AGM
Specialist healthcare company BTG updated the market on its recent progress on Wednesday, as investors gathered for its annual general meeting in London, reporting that in interventional medicine it had made “significant progress” in the key growth drivers of geographic expansion, indication expansion and product innovation in its oncology and vascular businesses.
Hochschild Mining achieves record production in first half
Hochschild Mining reported “another very strong quarter” in its second-quarter production numbers on Wednesday, with attributable production for the period reaching 5. 0 million ounces of silver and 68,477 ounces of gold.