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Premier Veterinary signs major deal with large US vet consolidator
Premier Veterinary Group announced on Wednesday that its wholly-owned subsidiary, Premier Vet Alliance US, has signed a contract with an unnamed “major” corporate veterinary consolidator in the United States.
Vast Resources takes indirect stake in Romania's Blueberry Project
Mining company Vast Resources announced the acquisition of an indirect 29. 41% interest in the Blueberry Project, which hosts highly prospective polymetallic mineralisation and is located in the ‘Golden Quadrilateral’ of Western Romania, on Wednesday.
Lookers H1 profits drop on strong comparative but revenue up
Car dealership Lookers posted a drop in first-half pre-tax profit on Wednesday due to a strong comparative period, but revenue rose and the company said results for the year should be in line with market expectations.
Riverstone Energy makes further NAV gains in first half
Riverstone Energy issued its half-year results for the six month period ended 30 June on Wednesday, reporting a closing net asset value of $1. 75bn, and a net asset value per share of $20. 76 or £15. 72.
Gem Diamonds recovers 138 carat diamond from Letseng mine
Gem Diamonds has recovered another diamond of more than 100 carats from its Letseng mine in Lesotho.
AstraZeneca prices four-tranche $3bn global bond offering
AstraZeneca priced a four-tranche global bond offering totalling $3bn on Tuesday, it announced on Wednesday morning.
London open: Stocks flat as miners weigh; UK inflation data in focus
London stocks were steady in early trade on Wednesday as investors eyed the latest UK inflation data for July, with worries about Turkey receding for now as the lira regained some poise.
Arena Events looks to raise £20m to fund acquisitions
Arena Events Group is looking to raise as much as £20m by way of a placing of up to 33. 33m new shares at a price of 60p as it agreed the acquisitions of Stuart Rental and TGP to boost its overseas operations.
Balfour Beatty H1 profits rise, revenue slips
FTSE 250 infrastructure group Balfour Beatty reported a rise in first-half profit on Wednesday as its turnaround programme bears fruit and the company said it was confident of meeting its full-year expectations.
Hochschild Mining interims boosted by Immaculada record
Hochschild Mining said first-half pre-tax profit from continuing operations rose to $54. 9m from $38. 6m driven by record production at its Inmaculada mine and control over costs.
Generics and injectables drive first half growth at Hikma Pharmaceuticals
Generic drugmaker Hikma Pharmaceuticals issued its interim results for the six months ended 30 June on Wednesday, reporting an 11% improvement in group revenue to $989m, or 10% in constant currency.
CLS Holdings H1 NAV rises 3%; warns of 'subdued' UK market
Europe-focused property investment company CLS Holdings said interim EPRA NAV increased 3. 0% to 294. 7p mainly through EPRA earnings and revaluation uplifts.
GSK sees positive results from potential HIV treatment, CLS net asset value makes positive first-half moves
London open The FTSE 100 is expected to open five points higher on Wednesday, having closed down 0. 4% at 7,611. 64 on Tuesday.
London pre-open: Stocks seen higher as investors eye inflation data
London stocks were set for a firmer open on Wednesday, taking their cue from a positive session in the US as investors eyed the release of UK inflation data for July.
GSK's once-monthly HIV treatment proves trial success
GlaxoSmithKline has seen positive results from clinical trials of its once-monthly injectable treatment for HIV.
Wednesday newspaper round-up: CEO pay, rail fares, Intel, House of Fraser
Pay for chief executives at Britain’s biggest listed companies rose more than six times faster than wages in the wider workforce last year as the average boss’s pay packet hit £3. 9m. Chief executive pay at businesses on the FTSE 100 index surged 11% on a median basis in 2017 while average worker earnings failed to keep pace with inflation, rising just 1. 7%, according to the High Pay Centre’s annual review of top pay. – Guardian.
US close: Markets finish green as Turkey crisis cools somewhat
Wall Street finished on a positive note on Tuesday, after investors cheered an easing to Turkey's woes, after the lira stabilised following a week of heavy losses.