Company News
Sareum Holdings to present SRA737 results in Chicago
Specialist cancer drug discovery and development company Sareum Holdings announced on Thursday that late-breaking preclinical results for SRA737 have been accepted for presentation in a poster at the American Association of Cancer Research Annual Meeting 2018 being held in Chicago from 14-18 April.
Scotgold Resources sells French subsidiary
AIM-listed Scotgold Resources has agreed to sell its subsidiary SGZ France SAS, which holds the French exploration licence, Vendrennes, to Ikigai Limited for an initial cash consideration of €100,000.
Destiny Pharma lands 'fast track' designation for MRSA drug
Destiny Pharma has been granted fast-track designation by the US drug regulator for its lead clinical candidate.
Experian to buy ClearScore for £275m
Consumer credit reporting agency Experian has agreed to buy credit-checking firm ClearScore for £275m.
OneSavings Bank full-year profit up 21%
OneSavings Bank posted a 21% jump in full-year profit on Thursday as the loan book grew and the company said it kicked off 2018 with a strong pipeline of new business, but guidance on margins disappointed.
Cineworld confident for Regal challenge in blockbuster-heavy year
Cineworld reported strong profits growth for a 'momentous' 2017 and was feeling boffo about newly acquired US cinema chain Regal and a bulging slate of blockbusters in 2018.
St. Modwen completes £75m forward sale at St Andrews Park
St. Modwen has completed the forward-sale of 207 private rented sector units at its 1,300-home mixed-use regeneration project at St Andrew's Park, Uxbridge, to Annington Rentals No. 4, it announced on Thursday, for a total cash consideration of £75m, upon the occurrence of certain construction milestones.
Spirax-Sarco full-year results boosted by acquisitions
Full-year profit at Spirax-Sarco Engineering was boosted by strong organic growth and two "significant" acquisitions.
Just Group lifts dividend as merger synergies show
Just Group announced its results for the year ended 31 December on Thursday, reporting that its focus on profit over volume delivered a 35% pro forma increase in adjusted operating profit.
Savills makes good start to 2018 as annual profit rises
Savills said it made a good start to 2018 but highlighted market uncertainty as the estate agent and property adviser posted a 3. 5% rise in underlying annual profit.
PZ Cussons issues profit warning amid tough conditions in UK and Nigeria
Consumer products group PZ Cussons updated the market on its trading for the year ending 31 May on Thursday, issuing a profit warning amid tough trading conditions.
Persimmon appoints Roger Devlin as chairman
Housebuilder Persimmon has appointed Roger Devlin as chairman with effect from 1 June.
Kier H1 profit rises, sees double-digit profit growth in 2018
FTSE 250 construction and services group Kier reported a rise in first-half profit on Thursday as it sounded an upbeat note on the outlook for 2018.
Old Mutual hails profit benefits as separation enters final stretch
Old Mutual reported a 22% increase in underlying operating profits to £2bn as the Anglo-South African financial services group continued the process of splitting itself up.