News And Announcements
Network International maintains expectations as revenue improves
Network International reported a 19% improvement in total third quarter revenue year-on-year, with merchant solutions revenue ahead 38% and issuer solutions revenue 9% firmer.
Admiral slumps as Munich Re sells 12.1m shares
Admiral slumped on Wednesday after Munich Re sold 12. 1m shares in the insurer in a placing.
Monzo in talks to raise £300m in new funding - report
Digital bank Monzo is reportedly in detailed talks to raise hundreds of millions of pounds in new funding at a sharply higher valuation despite a string of setbacks such as the curtailment of its expansion in the US.
Fresnillo Q3 production falls; Warns on labour shortages, inflation
Mining company Fresnillo reported lower silver and flat gold production in the third-quarter as it warned of the impact of labour shortages and inflationary pressures.
Wickes backs FY profit guidance as Q3 sales dip
Wickes, which recently demerged from Travis Perkins, confirmed its full-year profit guidance on Wednesday despite inflationary headwinds, as it reported a dip in third-quarter sales.
Berkeley Group executive director Sean Ellis steps down
Housebuilder Berkeley Group said on Wednesday that executive director Sean Ellis will be leaving in a year "to pursue other interests" and will step down with immediate effect.
Aveva H1 revenues up 9% as OSIsoft provides boost
Software group Aveva on Wednesday said first-half revenue rose 9% on a constant currency basis driven by a strong contribution from the recently acquired OSIsoft business.
Homeserve buys CET Structures for £53m
HomeServe on Wednesday said it had bought CET Structures, a UK home emergency assistance business, for £53m and added that current trading was in line with guidance.