News And Announcements
Convatec wins US clearance for innovative wound dressing
ConvaTec's Aquacel Ag Advantage dressing, which helps treat non-healing wounds, has been given the nod by the US medical regulator.
Spectris profit rises but sketchy Uplift update disappoints
Spectris shares fell after the precision instruments maker flagged up slowing sales growth and left investors guessing about the next phase of a delayed efficiency drive.
Sainsbury's trails rivals as supermarkets enjoy summer boom
Sainsbury's sales rebounded in recent weeks but it continues to lag behind its big supermarket rivals as all of the big four enjoyed their best period of growth so far this year.
PZ Cussons profit falls as Nigerian consumers feel squeeze
PZ Cussons’ annual profit fell by almost a quarter as the consumer goods company felt the effect of squeezed consumer spending in Nigeria and to a lesser extent the UK.
Drax earnings slide in first half after unplanned outages
Drax Group posted its half-year results to 30 June on Tuesday, reporting that while its full-year expectations remained unchanged, its first half was impacted by two unplanned outages.
Hammerson rental income slips as it prepares to exit retail parks
Hammerson posted its half-year report on Tuesday, reporting stability in valuations as well as earnings per share at 15. 1p, and also announced a reshaped strategy to “elevate and accelerate” performance.
BT offers discounts to ISPs in push for faster broadband
BT Group has offered discounts for internet service providers to upgrade customers to faster broadband as the government seeks to overhaul Britain's digital network.
AstraZeneca offloads Atacand rights in $200m deal
AstraZeneca has agreed to sell the commercial rights to Atacand - candesartan cilexetil - and Atacand Plus - a fixed-dose combination of candesartan cilexetil and hydrochlorothiazide - in Europe to Cheplapharm Arzneimittel, it announced on Tuesday.
Britvic growth stymied by CO2 shortage
Fizzy drinks maker Britvic said it was held back from fully capitalising on the hot weather in the third quarter due to the UK shortage of carbon dioxide.