Latest News
Character Group ups dividend after 'pleasing' recovery from Toys R Us closure
Character Group raised its final dividend by 20% on Thursday after a strong second half of the year made up for the closure of Toys R Us in the spring.
eServGlobal's HomeSend joint-venture 'progressing well'
Digital transactions technology outfit eServGlobal updated investors on its HomeSend joint-venture with MasterCard and BICS on Thursday, bringing the market up-to-date on the project's status since the firm's successful £19m fundraiser back in September.
London midday: Stocks extend gains as pound drops; miners rally
London stocks had pushed further into the green by midday on Thursday, helped along by a weaker pound as investors welcomed a dovish speech by Federal Reserve chief Jerome Powell.
Hutchison Chi-Med enters four new drug test collaborations
Hutchison China MediTech, doing business as Chi-Med, has entered into four collaboration agreements to evaluate the safety, tolerability and efficacy of its ‘surufatinib’ (HMPL-012 or sulfatinib) and ‘fruquintinib’ products, in combination with checkpoint inhibitors.
Realm Therapeutics board considering multiple options for sale
Biopharmaceutical company Realm Therapeutics updated the market on the timing of its ongoing formal sale process on Thursday, as part of its previously-announced strategic review.
LXi REIT pleased with progress so far
Specialist inflation-protected very long income real estate investment trust LXi REIT issued its results for the six months ended 30 September on Thursday, reporting a total net asset value return per share, inclusive of dividends, of 8. 08%.
GSK says no decision yet made on Horlicks business
Following reports that it was close to selling its Indian Horlicks business, GlaxoSmithKline on Thursday said only that it is considering a deal.
Irish Continental revenues fall on ferry struggles
Ferry operator Irish Continental Group updated the market on its trading for the year-to-date, to 24 November, on Thursday, reporting revenue for the 10 months through October of €285. 3m.
James Latham profit jumps thanks to direct business, disposal
James Latham’s shares climbed on Thursday after an increase in direct business drove interim profit and revenue growth.
Hammerson completes sale of 50pc stake in Highcross
Hammerson has completed the sale of the 50% stake in the Highcross Shopping Centre in Leicester to an Asian investor introduced by M&G Real Estate, it announced on Thursday, for £236m.
Consumer credit slows but mortgage market remains stable - Bank of England
Consumer borrowing grew at its slowest rate for three years in October, data from the Bank of England showed on Thursday.
CVS Group dogged by shortage of vets
CVS Group’s shares dropped ahead of its annual general meeting on Thursday as a warning about a squeeze on margins due to the continued shortage of veterinary surgeons and nurses overrode news of continued sales growth.
EU migration to UK hits lowest level in 6 years
EU net migration hit a six-year low as more European citizens left the UK after the Brexit vote, the Office for National Statistics reported on Thursday.
Motorpoint profits rise but outlook cautious
Motorpoint reported a jump in interim revenue and profit on Thursday as it struck a rather cautious note on its outlook.
Thomas Cook profits wilt as Britons sunbake at home
Travel operator Thomas Cook felt the heat in more ways than one on Thursday as full year pre-tax losses came in at £163m, compared to a profit of £9m last year.
Deutsche Bank HQ searched in money-laundering investigation
Deutsche Bank’s headquarters in Frankfurt was searched by prosecutors on Thursday morning in an investigation over money-laundering allegations.
Phoenix Group sees good growth after Standard Life Assurance acquisition
Life and pensions consolidator Phoenix Group announced a “strong” 2018 year-to-date in a trading update on Thursday, as its investors prepared for the company’s capital markets day.
Daily Mail owner tumbles amid 'volatile' conditions
Shares in newspaper group Daily Mail and General Trust fell heavily on Thursday, despite a move back into profit, as it warned of the challenging conditions in consumer media.
Greene King keeps growing ahead of market
Greene King topped up sales growth in the second quarter, though fierce cost inflation continued to dilute first-half profit growth.
Tritax Big Box moves big retailer into former Tesco site
Tritax Big Box REIT announced the successful completion of a new 15-year lease to the incumbent licensee, an unnamed “financially robust, world leading” retailer, on its distribution centre at Barlborough Links in Chesterfield on Thursday.