Latest News
Hill & Smith snaps up solar lighting specialist in £18m deal
Hill & Smith is spending £18. 2m buying Prolectric Services, the FTSE 250 infrastructure and galvanising firm said on Tuesday.
FCA closes investigation into Lookers
The Financial Conduct Authority has closed its investigation over the possible mis-selling of regulated products at car dealership chain Lookers.
Primary Health Properties acquires Dublin care centre
Healthcare facilities investor Primary Health Properties has acquired a modern, purpose-built primary care centre in Shankill, County Dublin, Ireland, it announced on Tuesday, for €3. 8m (£3. 29m).
Apax Global Alpha records double-digit NAV growth in 2020
British investment trust Apax Global Alpha said on Tuesday that its adjusted net asset value per share had grown by double-digits in 2020.
XP Power declares final dividend after year of growth
XP Power reported 17% growth in revenue in its annual results on Tuesday, £233. 3m, as its order intake rose 20% to £258m.
Sirius buys business park near Stuttgart for €9.2m
Germany-focused business park owner Sirius Real Estate said it had bought a property near Stuttgart for €9. 2m.
Rotork reports resilience in Covid-impacted year
Rotork reported a 12. 4% decline in order intake in its full-year results on Tuesday, to £590. 2m, reflecting the impact of Covid-19 on global economic activity.
Calisen narrows FY pre-tax losses on improved revenues
Energy company Calisen said on Tuesday that pre-tax losses had narrowed in 2020 thanks to some solid revenue growth.
Wizz Air February passenger numbers slump 87%
Low cost airline Wizz Air reported an 87. 3% slump in February passenger numbers as Covid-19 travel restrictions virtually shut down air travel.
Ryanair February passenger numbers plunge 95%
Budget carrier Ryanair said passenger numbers slumped 95% in February year on year, as Covid-19 pandemic travel bans hammered the business.
National Grid broadly backs Ofgem pricing proposals, plans £10bn investment
National Grid has accepted most of Ofgem’s price control proposals but will appeal on one aspect, the energy firm said on Tuesday.
Travis Perkins swings to loss, re-starts Wickes demerger process
Builders’ merchant Travis Perkins said on Tuesday that it has re-started the process to demerge Wickes as it said it swung to a full-year loss following disruption from the Covid-19p pandemic.
Croda pre-tax profits slip amid weak performance in personal care unit
Speciality chemical company Croda said full-year adjusted pre-tax profits had slipped in 2020 due to a weak performance in its core personal care unit.
Meggitt wins multi-million pound Boeing 737 Max contract
Aerospace engineer Meggitt said it had won a large multi-million-pound contract with Boeing to supply cockpit indicators for the 737 MAX aircraft.
FDA to review AstraZeneca and FibroGen's Roxadustat
Pharmaceutical giant AstraZeneca said on Tuesday that the Food and Drug Administration will convene a meeting of its Cardiovascular and Renal Drugs Advisory Committee to review a new US drug application for Roxadustat.
Man Group upbeat on record year for funds under management
Man Group reported record high funds under management in its final results on Tuesday, rising to $123. 6bn (£88. 95bn) at the end of 2020, from $117. 7bn a year earlier.
Europe open: Shares make cautious start after Monday rally
European shares made a cautious start to Tuesday’s session after yesterday’s strong gains as weaker commodity prices hit miners.
London open: Stocks nudge up amid raft of corporate news
London stocks were a touch higher in early trade on Tuesday as investors paused for breath after solid gains in the previous session, and sifted through a raft of corporate news.
Revenue and earnings fall as orders contract for Weir Group
Weir Group reported a 4% fall in revenue in its final results on Tuesday, or 1% at constant currency, to £1. 97bn, as its orders slid 13% at constant exchange rates to $1. 86bn.
Higher prices boost Fresnillo, despite Covid-19 impact
Blue chip silver miner Fresnillo reported a jump full-year profits and revenues on Tuesday, supported by higher prices for precious metals, but remained cautious looking forward.