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REC Silicon operates 'far below' potential amid trade tensions
REC Silicon reported first quarter revenues of $45m, it announced on Thursday, compared to $48. 9m in the fourth quarter of 2018.
Acacia shines in April; seeks clarity on Barrick CEO Tanzania comments
Acacia Mining reported a jump in April gold production, boosted by a 54% increase in output from its North Mara gold mine in Tanzania.
IMI's Q1 revenue falters amid 'mixed' trading conditions
IMI reported a drop in first-quarter revenue on Thursday as the company said it suffered a continuation of the mixed trading conditions experienced in the final quarter of 2018.
Derwent says demand is strong for London properties
Derwent London said demand for its properties was strong as rental income at the real estate investment trust increased.
Intu Properties appoints Dushyant Sangar as chief investment officer
Shopping centre owner Intu Properties has appointed Dushyant Sangar as its new chief investment officer.
3i Infrastructure shares up as firm turns in 'strong' portfolio performance
3i Infrastructure described its portfolio performance as “strong” in its full-year results on Thursday, with a 15. 4% total return on opening net asset value, falling from 28. 6% in 2018.
Wood Group secures billion-dollar, 20-year contract with Sellafield
Wood Group has secured a new contract worth up to $1bn to provide engineering design services to Sellafield over the next 20 years, it announced on Thursday.
Melrose co-founder David Roper to leave, trading in line
Turnaround specialist Melrose Industries said on Thursday that long-standing executive David Roper plans to step down, as it reported an in-line performance for the first four months of its trading year.
RSA Insurance premiums rise as Canada shines
RSA Insurance posted a 3% rise in first-quarter net written premiums on Thursday, driven largely by solid performances in Canada and Scandinavia.
National Express revenue growth accelerates as all divisions pitch in
National Express on Thursday reported accelerated revenue growth across the board for the year to date, building on last year's performance and remaining in line to hit revenue, profit, free cash flow and leverage targets for the year.
Rathbone Brothers funds under management grow, organic growth stalls
Wealth manager Rathbone Brothers posted a rise in funds under management on Thursday but revealed a lower-than-expected level of organic growth in its investment management business during the first quarter due to muted investor demand.
Barratt sees FY 'modestly ahead' of expectations
Housebuilder Barratt Developments on Thursday said it expected full year results to be “modestly” above expectations.
Beazley hit by higher claims as business increases
Beazley suffered higher claims in the first quarter of 2019 as the insurer posted strong business growth.
London open: Stocks fall ahead of more Sino-US trade talks
London stocks fell in early trade on Thursday, taking their cue from a downbeat session in Asia as worries about Sino-US trade relations grew after US President Trump blamed China for the breakdown in talks between the two nations, with ex-dividends also proving a drag.
Morrisons posts solid sales growth in first quarter
Morrisons reported solid sales growth as the supermarket chain benefited from a busy Easter and continued its revival in a fiercely competitive market.
BAE 'working with UK govt' to deliver Saudi contracts
Defence contractor BAE Systems maintained full year guidance but sounded a note of caution on “geopolitical uncertainties” as it continued to deal with a German ban on arms exports to key customer Saudi Arabia.
Mondi posts higher earnings in first quarter, Morrisons makes solid start to year
London open The FTSE 100 is expected to open 24 points lower on Thursday, having closed up 0. 15% at 7,271. 00 on Wednesday.
London pre-open: Stocks seen lower as trade tensions escalate
London stocks were set to drop at the open on Thursday, taking their cue from more losses in the US and Asia after US President Trump blamed China for the breakdown in trade talks between the two.
Thursday newspaper round-up: Train companies, gambling, L&G, Walt Disney
Train companies are deterring passengers from claiming compensation for delays by asking for detailed and irrelevant information, according to the consumer group Which?. Some train firms demand up to 24 different pieces of information on claim forms – although others pay compensation automatically following delays. Which? accused the rail firms of “making passengers navigate a compensation maze” – and benefiting from not paying out to those who find the process too cumbersome.
Higher prices help Mondi post 16% rise in Q1 earnings
Higher prices and acquisitions helped paper and packaging maker Mondi report a 16% rise in first quarter earnings.