News And Announcements
HarbourVest records strong growth in first half
HarbourVest Global Private Equity reported growth in its net asset value per share of 22. 6% over its first half on Thursday, to $44. 11.
Inchcape lifts 2021 profit guidance after strong Q3
Car dealership Inchcape lifted its 2021 profit expectations on Thursday following a "strong" third-quarter performance.
Foxtons reports strong nine-month trading
Estate agency Foxtons reported "strong" trading across the business on Thursday in an update for the nine months to 30 September, amid a recovery in the domestic rental market.
Bytes upbeat on outlook after strong first half
Bytes Technology said it was trading well as the software and security group reported a 19% increase in first-half profit.
Diversified Energy declares third quarter divi as it retires wells at pace
Diversified Energy declared a third quarter interim dividend of 4. 25 cents per share on Thursday, up 13% year-on-year, on the back of record average net daily production of 128,000 barrels of oil equivalent per day, which was 20% higher year-on-year.
Evraz reports some production, sales difficulties in third quarter
Evraz reported a 1% improvement in its consolidated crude steel output quarter-on-quarter on Thursday, to 3. 4 million tonnes, mainly due to an 18. 3% rise in production volumes at Evraz North America.
Helios Towers revenue and underlying earnings grow YTD
Telecommunications firm Helios Towers said on Thursday that both revenues and underlying earnings had increased year-to-date.
Shell Q2 profits hit by Hurricane Ida, sets new climate target
Royal Dutch Shell reported lower-than-expected third-quarter adjusted earnings despite higher fuel prices as it took a $400m hit from Hurricane Ida on operations and said it was setting new targets for carbon emission cuts.
Lloyds ups guidance after Q3 beats forecasts
Lloyds Banking Group improved its full-year guidance after bad-debt writebacks helped results beat expectations in the third quarter.
Synthomer to buy Adhesive Technologies for $1bn
Synthomer has agreed to buy Adhesive Technologies - the Adhesive Resins business of Eastman Chemical Company - for $1bn (£728m) in cash.
Primary Health Properties agrees refinancing on loans
Healthcare facilities investor Primary Health Properties said it had refinanced a number of legacy loan facilities with Aviva Investors and NatWest.
The Restaurant Group chairman Debbie Hewitt to stand down at year's end
Chain restaurant operator The Restaurant Group said on Thursday that chairman Debbie Hewitt had decided to stand down from the role at the end of the year.
Abrdn in talks to buy Finimize platform - report
Abrdn is in advanced talks to buy Finimize, an investment information platform, to increase the asset manager's digital capabilities, according to a report.
Elementis delivers 'strong' Q3 performance despite supply chain challenges
Chemicals company Elementis said on Thursday that it had delivered "a strong third-quarter performance" as trading continued to improve.
National Grid and SSE win partial success on price controls
The UK's competition watchdog has found in favour of SSE and National Grid on part of their appeal on price controls but the companies expressed disappointment that the watchdog rejected some of their objections.
C&C Group swings back to profit as hospitality venues reopen
Magners, Bulmers and Tennent’s maker C&C Group said on Thursday that it swung back to a profit in the first half as revenues grew thanks to the reopening of hospitality venues.
Airtel Africa H1 profit, revenues grow
Telecommunications provider Airtel Africa posted a jump in first-half profit and revenue on Thursday, with "strong" performances across its regional segments and key services.
DS Smith sees H1 in line as price rises offset higher costs
Packaging company DS Smith said its first half was in line with expectations as price rises offset rising input costs.
WPP lifts full-year guidance after 'very strong' Q3
WPP upgraded its guidance for 2021 on Thursday as it hailed a "very strong" third-quarter performance.
Meggitt says FY revenue to fall on supply chain issues, weaker defence mkt
Aerospace engineer Meggitt said annual revenues would fall by 5% due to supply chain issues and a weaker defence market.