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Clinigen FY underlying earnings impacted by decrease in products revenue
Pharmaceutical firm Clinigen said on Wednesday that while net revenues were still expected to be in line with both guidance and expectations, full-year adjusted underlying earnings were now projected to be within the range of £114. 0m and £117. 0m due to a decrease in revenues from its products division.
Slingsby hit with 'significant cost increases' across product range
Industrial and commercial equipment distributor Slingsby warned on Wednesday that it had continued to experience "significant cost increases" across its product range as well as higher shipping costs and delays.
IP Group preparing for first divi as portfolio progress continues
Intellectual property business developer IP Group said on Wednesday that for the year to date, its positive progress made by many of its portfolio companies in 2020 had continued.
London open: Stocks edge lower amid inflation concerns
London stocks edged lower in early trade on Wednesday amid concerns about rising inflation after the latest set of figures from China and ahead of US data later in the week.
Rolls-Royce appoints Anita Frew as new chair
Engine maker Rolls-Royce said on Wednesday that Anita Frew will succeed Sir Ian Davis as chair on 1 October.
SSP interim losses widen, IP Group performing well in year to date
London open The FTSE 100 is expected to open 24 points lower on Wednesday, having closed up 0. 25% on Tuesday at 7,095. 09.
London pre-open: Stocks to nudge lower after China inflation data
London stocks were set to nudge down at the open on Wednesday as investors digest Chinese inflation figures.
Wednesday newspaper round-up: Easing delay, Fastly, Cambridge Quantum Computing
Rishi Sunak is willing to accept a delay of up to four weeks to the final stage of England’s reopening roadmap, the Guardian understands, as the government considers extending restrictions beyond 21 June. Ministers will continue to scrutinise data on cases and hospitalisations over the coming days, with a final decision set to be announced by the prime minister on Monday. From 21 June nightclubs are due to reopen, with the cap on wedding numbers, large-scale events and indoor mixing lifted and guidance on working from home and mask-wearing dropped.
US close: Mixed session for major indices as meme stock mania continues to escalate
Wall Street stocks turned in a mixed performance on Tuesday as the Dow Jones and S&P 500 seemed to be searching for direction ahead of key inflation data set to be released later in the week.