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DMGT says reviewing options for Euromony holding
Daily Mail & General Trust confirmed on Monday that it is reviewing its options in respect of its holding in publisher Euromoney, consistent with its stated strategy of increasing portfolio focus.
Hammerson in disposals spree; reaches deal with investor Elliott
Troubled UK shopping centre operator Hammerson said it was looking to sell at least £500m in assets to cut debt as it struck a deal with activist shareholder Elliott Advisors.
ABF misses forecasts as Primark hit by German slowdown
Like-for-like sales at the Primark retail arm of Associated British Foods fell 2% in the first half of the year but the conglomerate's full year guidance remained unchanged.
London open: Miners pace advance on US-China progress, builders slide
London stocks rose in early trade on Monday, with miners pacing the advance amid progress in Sino-US trade talks, but overall gains were unspectacular as housebuilders slumped and Brexit concerns weighed.
Dechra sees 'strong' trading in first half
Dechra Pharmaceuticals reported “strong” performance in its half-yearly report on Monday, claiming that trading in the six months ended 31 December was in line with management expectations.
AstraZeneca's Brilinta reaches primary endpoint in phase 3 trial
AstraZeneca announced on Monday that its phase 3 ‘THEMIS’ trial has met its primary endpoint, and demonstrated that ‘Brilinta’ (ticagrelor) - when taken in conjunction with aspirin - showed a statistically-significant reduction in a composite of major adverse cardiovascular events (MACE) compared to aspirin alone.
Weir to sell flow control division for £275m
Oil services company Weir Group on Monday said it was selling its flow control division to private equity firm First Reserve for £275m in cash.
Hiscox profit surges, says it's ready for Brexit
Hiscox posted a trebling of its full-year pre-tax profit on Monday despite a busy year for claims, as gross written premiums rose and the insurer said it was ready for Brexit.
Bunzl stockpiles against no-deal Brexit as FY profits rise
Distribution group Bunzl said it was stockpiling goods to mitigate against border delays if the UK crashed out of the European Union without a deal as it reported a rise in full year pre-tax profits.
Bunzl stockpiling to mitigate effects of hard Brexit, Provident rejects £1.3bn offer from Non-Standard Finance
London open The FTSE 100 is expected to open 12 points higher on Monday, having closed up 0. 16% at 7,178. 60 on Thursday.
London pre-open: Stocks to nudge up amid Sino-US trade progress, Brexit woes
London stocks were set for a muted start on Monday as concerns about Brexit overshadowed progress in Sino-US trade talks.
ABF guidance unchanged, Bunzl profits pop
London open The FTSE 100 is expected to add 11 points on Monday, having finished the previous week at 7,178. 60.
Monday newspaper round-up: Gambling body, Buffett, Thomas Cook, Laing O’Rourke
Gambling companies are planning to set up a new trade body to lobby politicians as the prospect of tougher regulation of the industry grows. Job adverts posted by the recruitment firm Ellwood Atfield appear to confirm rumours of a merger between the Remote Gambling Association, which represents online betting firms, and the Association of British Bookmakers, which came in for heavy criticism during the battle over fixed-odds betting terminals. – Guardian.