News And Announcements
Funds under direction fall for IntegraFin's Transact platform
IntegraFin Holdings issued its quarterly funds under direction update for Transact - its platform providing services to UK clients and their financial advisers - on Tuesday.
FDM pleased with growth in Mountie numbers at year-end
FDM updated the market on its trading for the period ended 31 December on Tuesday, saying it delivered a “good” operational performance in the second half, with the board expecting the group's financial performance for the year to be in line with its expectations.
Slendebroek out, Formica in as CEO of Jupiter Fund Management
Jupiter Fund Management announced on Tuesday that Maarten Slendebroek would be stepping down as chief executive officer and as a director of the company, with effect from 1 March.
Assura boosts rental income with £67m of acquisitions
Primary care property investor and developer Assura completed the acquisition of eight medical centres in the third quarter for £67m, lifting its rental income.
Coats sells North American crafts unit for $37m
Industrial thread maker Coats Group on Tuesday said it had sold its non-core North America crafts business to Spinrite Acquisition Corp for $37m (£28. 7m) in cash.
Cairn Energy sees higher output in 2019
Oil producer Cairn Energy said its net share of full year production was estimated to be 19,000 - 22,000 barrels of oil equivalent, above 2018's average of 17,500.
IG Group's first-half profits fall 18%
IG Group sales and profits fell in the first half as stringent new rules were imposed by the European securities regulator.
Gatwick drones, Airbus delays among struggles for easyJet
EasyJet updated the market in its trading for the quarter ended 31 December on Tuesday, saying it delivered a “good” performance, with robust customer demand driving passenger and ancillary revenue which is in line with expectations.
Land Securities launches flexible office brand
The flexible office sector is about to get even more crowded, as Land Securities has launched a new business, called Myo, to compete with the likes of US-based WeWork, and domestic players IWG and Workspace.
Close Brothers' securities arm hit by volatile equity markets
FTSE 250 merchant bank Close Brothers said on Tuesday that its performance over the five months to 31 December 2018 was solid overall, but volumes and trading income at its securities arm, Winterflood, were hit by volatile equity markets.
BHP Q2 iron ore production falls 6%; warns of $600m outage costs
BHP on Tuesday said second quarter iron ore production fell 6% and reported a $600m hit due to production disruptions at copper and iron ore operations.