News And Announcements
St. Modwen Properties boosts dividend following profit growth
St Modwen Properties hiked its dividend by 16% on Tuesday as it reported growth in interim profits and net asset value per share.
National Grid begins consulting on network investments to be made from 2021
National Grid has submitted draft RIIO-T2 business plans for electricity and gas transmission to its independent user groups and Ofgem's RIIO-2 Challenge Group, it announced on Tuesday.
L'Oreal in talks to buy Mugler, Azzaro from Clarins
L'Oreal confirmed on Tuesday that it has entered into exclusive negotiations with the Clarins Group about the potential acquisition of perfume brands Mugler and Azzaro.
Ryanair traffic jumps 13% in June
Budget airline Ryanair reported 13% jump in June passenger numbers on Tuesday.
Plus500 reports improvement in second quarter
Second quarter revenue at online trading platform Plus500 rose to $94m after a first quarter that was hit by lower volatility and EU rules on leveraged betting.
Funding Circle tanks as it halves revenue growth expectations
Shares in Funding Circle tanked on Tuesday as it slashed full-year revenue growth expectations, warning that an increasingly uncertain economic outlook has reduced demand for loans.
Avast board approves new CEO's plan to waive his salary
Avast announced on Tuesday that its chief executive officer Ondrej Vlcek has notified the board of his intention to indefinitely waive his annual salary and bonus, and instead receive a nominal annual salary of $1.
Wizz Air sees operations grow further as emissions per passenger improve
Wizz Air saw further growth in its operations in June, it reported on Monday, with its seat capacity for the month rising 17% year-on-year to 3. 798 million, while the number of passengers carried was up 19. 1% to 3. 609 million.
Assura confident on FY after good first quarter progress
Assura said it remained confident in its full year outlook after reporting good first quarter progress, driven by its pipeline of developments and acquisitions.
WPP in exclusive talks with Bain Capital over Kantar stake sale
Advertising giant WPP confirmed late on Monday that it was in exclusive discussions with private equity firm Bain Capital about the sale of its majority stake in market research group Kantar, in a deal that would value the business at $4bn.