News And Announcements
Thomas Cook shares sink amid speculation over imminent collapse
Embattled tour operator Thomas Cook was under the cosh on Monday amid speculation that it's on the verge of collapse.
JP Morgan applauds AstraZeneca's growth outlook
JP Morgan has reiterated its ‘overweight’ rating on AstraZeneca, arguing that it has the strongest growth outlook of all the European drugs majors.
Energy Transfer to buy SemGroup for $1.35bn
US oil and gas pipeline company Energy Transfer has agreed to buy smaller rival SemGroup Corp for $1. 35bn.
Vaalco Energy to list in London
Texan oil company Vaalco Energy is seeking a secondary listing on the London Stock Exchange.
Angling Direct opens 30th UK store; summer trading solid
Fishing retailer Angling Direct said on Monday that trading over the summer was solid as it announced the opening of its 30th UK store in Milton Keynes.
Cobham shareholders back $5bn US takeover
Shareholders in British aerospace and defence company Cobham have backed a $5. 0bn takeover by an American private equity firm.
MJ Gleeson profits rise amid 'extremely strong' demand
Urban regeneration and land development group MJ Gleeson reported a jump in annual profit and revenue and lifted its dividend on Monday thanks to "extremely strong" demand for its homes.
OxyContin maker Purdue files for bankruptcy
Under-fire American drugs company Purdue Pharma has filed for bankruptcy as it looks to settle thousands of opioid-related lawsuits.
Petra loses its sparkle as earnings tumble
Shares in Petra Diamonds fell in morning trading, after weaker diamond prices pushed the miner deeper into the red.
Avon Rubber backs full-year expectations
Avon Rubber backed its full-year outlook on Monday as it said second-half trading was in line with expectations.
Spire Healthcare swings to profit in first half
Hospital operator Spire Healthcare said on Monday that it swung to a profit in the first half thanks in part to better-than-expected NHS revenue, as it backed its full-year guidance.
Eddie Stobart warns on profits, considers equity raising
Eddie Stobart Logistics warned on Monday that it continues to expect full-year profits to be "significantly below" the board's expectations after a difficult first half and said it is considering raising new equity.
Direct Line appoints new CFO
Direct Line said former Royal London deputy chief executive Tim Harris had been appointed as chief financial officer effective October 1, 2019.
Man Group chairman Ian Livingston to step down
Hedge fund Man Group said on Monday that chairman Ian Livingston will step down at the end of the year, to be succeeded by former Deutsche Bank chief executive officer John Cryan.
INPP to raise £75m through share issue
International Public Partnerships (INPP) on Monday said it was raising £75m to pay down debts through a share issue.
Tullow Oil reports new discovery from Guyana well
Tullow Oil said its Joe-1 exploration well had successfully opened a new Upper Tertiary oil play in the Guyana basin.