News And Announcements
Wilmcote Holdings confirms talks with US-based Arclin
Wilmcote Holdings confirmed on Tuesday that it is in exclusive discussions with US-based bonding and surfacing company Arclin Inc about a potential acquisition.
Hargreaves Lansdown shares slide following Woodford suspension
Shares in Hargreaves Lansdown fell on Tuesday, after the blue chip financial advisor was caught up in the crisis engulfing Woodford Investment Management.
Greybull Capital plans to snap up British Steel's European assets
Private equity firm Greybull Capital, which owned British Steel until its collapse last month, is reportedly set to bid for the outfit's French and Dutch operations.
Bang & Olufsen tanks as it downgrades full-year revenue guidance
Bang & Olufsen shares tanked on Tuesday after the Danish high-end consumer electronics company downgraded its expectations for full-year revenue following disappointing television sales in Europe.
Shell projects higher-than-expected capex, might raise dividend
Royal Dutch Shell boosted its forecasts for free cash flow growth and opened the door to a hike in its dividend payout, even as it bumped-up its guidance for capital outlays by more than expected and set out the road map for the company's transition to a lower-carbon future.
Wizz Air May passengers stats soar
Low cost airline Wizz Air reported a 22. 4% year on year rise in passengers for May as it continued to expand its network into Eastern Europe.
FirstGroup urges investors to vote against Coast Capital's resolutions
FirstGroup has hit back at Coast Capital, arguing that the US-based activist investor's proposal to remove six of the current directors and replace them with seven of its own nominees is not in the best interests of shareholders.
Neil Woodford suspends flagship fund after surge in redemptions
Neil Woodford, one of the UK’s most well-established stock pickers, has suspended trading in his largest fund, including halting all redemptions.
Intu Properties appoints Robert Allen as CFO
Shopping centre owner Intu Properties has appointed Robert Allen - the former chief financial officer of Crest Nicholson - as its new CFO with effect from 10 June.
AstraZeneca searching for successor to chairman Johansson, report says
AstraZeneca has begun the search for a new chairman as the role's current incumbent Leif Johansson looks set to end his seven year spell at the Anglo-Swedish outfit, according to a report from Sky News.
GlaxoSmithKline asthma drug receives positive EU opinion
GlaxoSmithKline said the European Medicines Agency (EMA) had given a positive opinion on its Nucala drug to be self-administered to treat severe asthma.
Syncona names Melanie Gee chair-designate
Healthcare firm Syncona tapped former Weir Group director Melanie Gee to take over as its chairman on Tuesday,.
888 Holdings enjoys 'solid start' as new customers drive revenue growth
888 Holdings on Tuesday reported that it remains on track to meet full year expectations after double-digit customer acquisition growth and strong revenue growth in the UK market, as well as in its sport and casino segments.
NewRiver sells Asda foodstore, petrol station for £17.9m
Real estate investment trust NewRiver said it had sold a 70,000 sq ft Asda foodstore and petrol filling station in Wales to a private investor for £17. 9m.