News And Announcements
UK consumer confidence lifts post Budget - GfK
Consumer confidence jumped in November, a long-running survey showed on Friday, after uncertainty seen in the run-up to the Budget eased.
Polarean's Xenoview 3T gets new FDA clearance
Polarean Imaging announced FDA 510(k) clearance for its Xenoview 3T Chest Coil on Thursday, extending compatibility to GE HealthCare's 3 Tesla (3T) MRI scanners.
Adani shares plummet on US bribery charges
Shares in Adani companies plunged on Thursday, after US prosecutors indicted billionaire founder Gautam Adani, one of the world’s richest men.
ECR Minerals conditionally agrees sale of surplus land
ECR Minerals announced the conditional acceptance of an offer worth AUD 0. 23m (£0. 12m) for the sale of surplus land at Brewing Lane, Springmount, in the Australian state of Victoria on Thursday.
IDB proposes $200m debt funding for Atome's Villetta Project
Atome announced on Thursday that IDB Invest, the private investment arm of the Inter-American Development Bank (IDB), has proposed $200m in debt funding for the company's Villeta Project in Paraguay.
Resolute Mining CEO, execs freed by Mali government
Resolute Mining said chief executive Terence Holohan and two other executives have been released by authorities in Mali after reaching a deal to pay the government $160m over a tax dispute.
Temu owner PDD misses Q3 estimates as sales growth slows
US-listed shares of Chinese ecommerce giant PDD Holdings dropped sharply on Thursday after the owner of online marketplace Temu undershot market estimates with its lowest quarterly revenue growth in two years.
Novartis boosts mid-term sales guidance
Novartis boosted its mid-term guidance on Thursday, on the back of upcoming drug launches and "strong" growth momentum across existing products.
Deere & Co reports big drop in Q4 profits, but smashes forecasts
Agricultural machinery and industrial equipment giant Deere & Co reported a big decline in fourth-quarter profits but still managed to smash forecasts, helping to overshadow disappointing guidance on next year's earnings.
Cohort announces its largest acquisition ever
Cohort announced the acquisition of EM Solutions for AUD 144m (£75m) on Thursday, in a deal expected to close by the end of the year.
JD Sports slumps on warning profit will be at lower end of range
Shares in JD Sports Fashion slumped by 15% on Thursday as the retailer warned full-year profits would be at the lower end of forecasts after a “volatile” trading environment in October due to discounting, milder weather and consumer caution ahead of the US election.
DOJ proposes forcing Google to sell Chrome browser
The US Department of Justice has called for Google parent company Alphabet to dispose of its Chrome browser arm in an effort to stop the group from maintaining its online search monopoly.
Watchdog mulls giving car finance firms until late 2025 to handle complaints
The financial watchdog is considering giving firms up until the end of 2025 to handle car finance complaints, it confirmed on Thursday.
Nine water firms banned from using customer bills to fund bonuses
Nine water companies have been banned from using customer money to fund "undeserved" bonuses for bosses, the regulator announced on Thursday.
Ithaca Energy shares jump on $200m special divi after Eni UK merger
Shares in Ithaca Energy surged on Thursday after the UK-focused oil group announced a $200m special dividend alongside its third-quarter results, after completing its takeover of Eni UK and finalising a new debt refinancing.
Jet2 delivers 'record performance' in H1, raises FY guidance
Airline company Jet2 said on Thursday that it had delivered "another record performance" in the six months ended 30 September, leading the group to upgrade its full-year outlook.
Liontrust to cut jobs as profits fall
Liontrust Asset Management said on Thursday that it was planning to cut around 25 jobs in a bid to save costs, as it reported a drop in first-half profits but struck an upbeat note on the outlook.
Speedy Hire swings to interim loss
Tools and equipment hire firm Speedy Hire said on Thursday that it swung to an interim pre-tax loss amid higher costs.
CMC Markets interim revenues up 50pc
Financial services firm CMC Markets said on Thursday that net revenues had surged in the six months ended 30 September, helping the group swing from its interim pre-tax loss a year earlier.
Grainger ups earnings guidance after solid rental growth
Residential landlord and build-to-rent (BTR) group Grainger has raised its dividend by 14% on the back of a double-digit increase in rental income and profits, as the company lifted its near-term earnings forecasts.