Company News
Tuesday preview: Fed's Powell, Close Brothers Group in focus
All eyes will be on US Federal Reserve chairman, Jerome Powell, as he testifies before a panel from the US House of Representatives' Financial Services Committee.
Covid-19 impact could limit cash access - FCA boss
The City regulator has warned many people could struggle to get access to cash after Covid-19 intensified pressures on banks' branches and ATM networks.
Director dealings: Taylor Wimpey CEO makes share sale
Taylor Wimpey revealed on Monday that chief executive Pete Redfern had disposed of 102,735 ordinary shares in the FTSE 100-listed housebuilder.
Yourgene appoints new United States test distributor
Molecular diagnostics company Yourgene has appointed Immuno-Biological Laboratories, a supplier of in-vitro diagnostic kits for the medical device and research industry, as a non-exclusive distributor for several polymerase chain reaction (PCR) tests across its reproductive health and oncology portfolios in the United States, it announced on Monday.
IG Design maintains solid momentum in new financial yeat
Celebrations, gifting and stationery designer and manufacturer IG Design Group updated the market on its trading on Monday, reporting that it had maintained “good” trading momentum since the start of its new financial year.
Gulf Marine accuses Seafox of seeking to seize control
Gulf Marine Services has reported Seafox International to the Takeover Panel after the offshore jackup company tried to oust GMS's non-executive directors and replace them with its own nominees.
Microsoft to buy Bethesda parent ZeniMax Media for $7.5bn
Microsoft said on Monday that it has agreed to buy ZeniMax Media, the parent of game developers Bethesda Softworks, for $7. 5bn in cash.
HSBC hits 25-year low as allegations add to pressures
HSBC shares fell to a 25-year low as Britain's banks were affected by allegations of moving illicit money as well as renewed pressure from the resurgence of Covid-19.
Unilever's Dutch shareholders back proposed unification
Unilever’s Dutch shareholders have voted to end the company’s historic dual-structure in favour of a single entity based in London.
Urban Logistics raising up to £130m to fund its pipeline
Urban Logistics REIT announced a proposed placing to raise around £100m, and a retail open offer and institutional offer to raise up to £30m on Monday, to acquire its identified pipeline of logistics properties.
FinnCap interim revenues surge, profitability improves
Investment bank FinnCap said on Monday that interim revenues had shot up year-on-year.
Illumina to take back control of Grail in $8bn deal
US healthcare firm Illumina is to take full control of blood test specialist Grail in a $8bn cash and stock deal, it was announced on Monday.
Ixico selected to support Alzheimer's trial
Data analytics company Ixico has been selected by the Global Alzheimer's Platform Foundation (GAP) to support its planned ‘Bio-Hermes’ trial.
AstraZeneca 'under fire' for vaccine safety, NYT says
AstraZeneca disclosed details of its Covid-19 vaccine trials at the weekend to address criticism around pharmaceutical companies' transparency and avoid the risk of engendering skepticism in the public about the safety of any potential vaccines.
Network International says not aware of any reason for share price slump
Payments processor Network International said on Monday that it is not aware of any reason for the slump in its share price.
BAE Systems secures £87m contract with US navy
BAE Systems was awarded its fourth consecutive Archerfish mine neutralisers contract with the US Department of Defense, the company announced on Monday.
Firms opt to repay £215m furlough cash - HMRC
UK firms have returned more than £215m of cash claimed under the Coronavirus Job Retention Scheme, the government said on Monday.
Tekcapital investment Guident files another US patent
Intellectual property investment company Tekcapital announced on Monday that its portfolio company Guident has filed an additional patent for the enhanced remote monitoring and control of autonomous vehicles, delivery drones and robots.
Escape Hunt makes progress at next three sites
Escape room operator Escape Hunt announced progress at its next three UK-owner operated sites in an update on Monday.
Brexit and lockdown hit John Lewis of Hungerford
Kitchen, bedroom and freestanding furniture manufacturer John Lewis of Hungerford reported annual sales of £5. 55m in a trading update on Monday, down from £8. 31m year-on-year, with the year being split into three distinct phases.