News And Announcements
CloudCall agrees £39.9m takeover by Xplorer Capital, shares surge
AIM-listed integrated communications group CloudCall surged on Thursday after agreeing to be taken over by tech investor Xplorer Capital Management in a £39. 9m cash deal.
Volution revenues rise in four months ended 30 November
Ventilation equipment manufacturer Volution Group said on Thursday that group revenues for the four months ended 30 November had risen 14. 6% to £104. 0m.
FirstGroup warns of uncertain recovery amid fresh Covid restrictions
Bus and rail operator FirstGroup warned of uncertainty around the pace of recovery on Thursday, amid fresh developments in the pandemic.
Go-Ahead results to be delayed after stripping of Southeastern franchise
Go-Ahead updated the market on discussions with the Department for Transport (DfT) over its previous Southeastern franchise on Thursday, after it was stripped of the franchise on 17 October.
Victorian Plumbing plunges as trading weakens
Victorian Plumbing shares plunged after the bathroom retailer warned trading was flat and margins were being squeezed by supply chain problems.
Made.com cuts revenue, profit forecasts on supply chain delays
UK online homeware and furniture maker Made. com lowered annual profits and revenue forecasts as global supply chain constraints hit the phasing of sales.
Convatec hires Jonny Mason as next CFO
ConvaTec has hired former Dixons Carphone finance chief Jonny Mason as to replace Frank Schulkes as chief financial officer.
ITV outlines five-year plan for Studios unit
Media firm ITV will outline ambitions for its ITV Studios unit for the next five years at an investor seminar on Thursday.
Hikma strikes exclusive license agreement with Richter for denosumab
Drugmaker Hikma Pharmaceuticals has entered into an exclusive license agreement with Gedeon Richter to commercialise the latter's denosumab products in the US.
Harbour Energy unveils $200m dividend policy
North Sea oil producer Harbour Energy on Thursday introduced a $200m annual dividend policy, as it prepared to host its first capital markets day since its merger.
FDA grants emergency use for AstraZeneca's Covid-19 preventative
AstraZeneca said on Thursday that its Evusheld antibody combination has been granted emergency use authorisation by the US Food and Drug Administration for the prevention of Covid-19 in adults and adolescents who are immunocompromised.
Balfour Beatty FY revenues seen broadly in line with prior year
Construction company Balfour Beatty said on Thursday that 2021 full-year revenues were expected to be broadly in line with the prior year.
B&M to pay £250m special dividend
B&M European Value Retail said it would pay out £250m to shareholders in a special dividend reflecting strong trading at the discount retailer.
Watches of Switzerland posts H1 profit jump amid strong demand
Watches of Switzerland posted a jump in first-half profit and revenue on Thursday as it hailed a "robust" performance in the UK and an "outstanding" one in the US.
DS Smith upbeat as record demand fuels profit
DS Smith said financial performance would improve as the packaging company reported a sharp rise in first-half operating profit and an increase in the interim dividend.
Rolls-Royce says cash flow better than expected
Rolls-Royce said annual free cash flow would be better than expected after trading improved but sales at its civil aerospace were lower than forecast.
Avast agrees to acquire self-sovereign identity firm Evernym
Cybersecurity group Avast has agreed to acquire US self-sovereign identity firm Evernym.