Company News
WPP invests $6.5m in US-based digital news company Mic Network
Advertising giant WPP has made a $6. 5m strategic investment in US-based digital news company Mic Network, which targets millennials.
Europe and US drive growth at Walker Greenbank
Luxury interior furnishings group Walker Greenbank was holding its annual general meeting on Wednesday morning, with Terry Stannard set to update shareholders on the progress made by the business so far this year.
Whitbread sales froth up at Costa and Premier in first quarter
Whitbread booked in a strong start to its new financial year, with revenues at its Premier Inn hotels accelerating and Costa coffee shops sales returning to like-for-like growth.
Berkeley Group hoists profits 53pc, remains confident despite headwinds
Housebuilder Berkeley Group lifted annual pre-tax profits 53% and while it warned the business was facing "a number of headwinds and a period of prolonged uncertainty" around its core London housing market, it had £2. 7bn of forward sales booked and remained confident of delivering its profits guidance for the next four years.
WH Ireland upbeat on trading performance
WH Ireland issued a trading update for the six months to 31 May on Wednesday, along with a change of its accounting reference period.
New Shire ADHD treatment gets FDA green light
Shire announced on Wednesday that the US Food and Drug Administration (FDA) approved Mydayis - mixed salts of a single-entity amphetamine product - as a once-daily treatment comprised of three different types of drug-releasing beads for patients 13 years and older with attention deficit hyperactivity disorder (ADHD).
Centrica to sell two power stations for £318m
British Gas parent Centrica has agreed to sell its operational Langage and South Humber Park combined cycle gas turbine power stations to EP UK Investments for £318m in cash.