News And Announcements
Johnson & Johnson proposes $6.5bn deal to settle talc claims
Johnson & Johnson has proposed a $6. 5bn deal to settle thousands of lawsuits claiming its talc products cause cancer, it was confirmed on Wednesday.
Barclays to cut jobs in investment banking - reports
Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.
HSS Hire paints confident outlook for 2024 as CFO resigns
Equipment rental firm HSS Hire said it expects results for the current year to be in line with market forecasts despite an uncertain macro environment, after it reported a sharp drop in annual profits for 2023 and the resignation of its chief financial officer.
Flutter shareholders vote in favour of US primary listing
Shareholders in Flutter Entertainment voted on Wednesday in favour of moving the Paddy Power owner’s primary listing to New York from London.
CVS Health shares fall on earnings miss, lowered outlook
Shares in pharmacy giant CVS Health were falling on Wednesday, after its first-quarter results fell short of expectations, with both revenue and adjusted earnings missing the mark.
Pfizer ups full-year earnings outlook
Pfizer raised its full-year earnings forecast on Wednesday, on the back of solid demand for its non-Covid products.
Next warns on Q2 but holds guidance as first-quarter sales beat estimates
UK fashion retailer Next said first-quarter sales came in ahead of forecasts and held guidance for the full year but warned that the next three months would be weaker due to wet spring weather.
CVS Group appoints David Wilton as its new chair
UK veterinary service provider CVS announced the appointment of David Wilton as its new chair on Wednesday.
Johnson Service Group revenue rises in first quarter
Textile service provider Johnson Service Group said in an update on Wednesday that in the first quarter, it recorded revenue of £114m, making for organic growth of 8. 9%.
Seeing Machines secures extension with North American customer
Driver monitoring technology company Seeing Machines announced a significant extension to its generational programme with an existing North American tier-one customer and original equipment manufacturer (OEM) on Wednesday.
First-quarter earnings beat forecasts at Carlyle
The Carlyle Group reported an above-forecast jump in earnings on Wednesday, boosted by the sale of assets.
Ariana sets out fresh production guidance for Zenit
Mineral explorer and developer Ariana Resources announced its production guidance for 2024 from its stake in the Zenit mining operations on Wednesday.
Regional REIT secures two new lettings
Regional REIT announced two new lettings at Bennett House in Stoke-on-Trent and Delta 1200 at Delta Business Park in Swindon on Wednesday.
Boku finance chief hands in notice
Mobile payment solutions specialist Boku announced the retirement of its chief financial officer Keith Butcher on Wednesday.
DuPont lifts FY guidance after strong Q1 beat
Shares in DuPont were rising strongly in pre-market trade on Wednesday after the American chemical company beat forecasts with first-quarter sales and profits and upped its full-year guidance.
Alpha FMC shares soar on two takeover approaches
Shares in financial services consultancy Alpha FMC soared nearly 40% on Wednesday after the company confirmed rumours that it has been approached by two parties about a possible takeover.
UK manufacturing sector shrinks - PMI
The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home.
Post Office appoints former Camelot boss as new chair
Nigel Railton, the former long-serving boss of National Lottery operator Camelot UK, has been appointed as the new chair of the Post Office, the government confirmed on Wednesday.
Picton Property Income hikes quarterly dividend
Picton Property Income declared a 5. 7% increase in its dividend on Wednesday, with the interim payment for 1 January to 31 March to be 0. 925p per share, up from 0. 875p per share for the three months ended 31 December.
Custodian Property maintains quarterly dividend
Custodian Property Income maintained a fourth-quarter dividend of 1. 375p, it confirmed on Wednesday, fully covered by its EPRA earnings per share of 1. 5p.