News And Announcements
Polarean Imaging completes enrolment for phase 3 trial
Medical imaging technology company Polarean Imaging, which has a proprietary magnetic resonance imaging (MRI) drug-device combination, announced on Thursday that the enrolment for its phase 3 non-inferiority clinical trials was now complete for both the lung transplant pathway and the lung resection pathway.
Belvoir progresses financial services division, signs deal with Dacres
Property franchise company Belvoir Group updated the market on progress in its financial services division on Thursday, and announced a new exclusivity agreement with Dacre, Son & Hartley - one of the north of England's largest independent estate agents.
Lancashire Holdings' gross premiums rise, names Hayley Johnston as CEO of LICL
Insurance and reinsurance outfit Lancashire Holdings reported a 14% bump in gross premiums written during the first nine months of the trading year - a trend it expects to see continue into 2020.
Integumen signs three new agreements for Labskin
Integumen announced on Thursday that its Labskin subsidiary has signed agreements with two new, and one existing, top 20 global cosmetic company clients for microbiome research and development services.
AFC Energy shares rise as it talks up development of technology
Hydrogen power technology company AFC Energy released a status update on its development of a high-current density alkaline fuel cell, branded ;HydroX-Cell(S)’, on Thursday.
Hiscox clarifies combined ratio guidance for retail unit
Hiscox released a statement on Thursday to clarify what it said in its third-quarter update earlier in the week about its medium-term combined ratio target.
RSA insurance written premiums flat, underwriting profit 'up strongly'
RSA Insurance reported flat net written premiums for the year to date on Thursday but said underwriting profit was up "strongly".
John Lewis trucks to be fuelled by cow manure to cut emissions
Retailer John Lewis its delivery trucks would run on cow manure from 2021 in an effort to cut carbon emissions.
Rolls-Royce sees FY profits at lower end after Trent repair costs blowout
Rolls-Royce forecast full year profits at the lower end of expectations as the cost to fix its troubled Trent 1000 engine blew out by another £800m and a final fix date was delayed until 2021.
Co-op Bank losses widen in Q3
Losses at the Co-operative Bank widened in the third quarter as it took a hit from payment protection insurance claims.
Flutter Entertainment posts higher Q3 revenues
Paddy Power-owner Flutter Entertainment reported a rise in revenues for the three months ended 30 September thanks to the good growth witnessed in both its sports and gaming units.
BHP investors rebel over anti-climate change lobby groups
BHP was given a sharp warning from shareholders on Thursday over its continued support for mining industry lobby groups opposed to the Paris climate change accord.
Sainsbury's profits fall 15% after ASDA deal failure
Supermarket chain Sainsbury's on Thursday reported a 15% fall in interim profits due to the phasing of cost savings, higher marketing costs and tough weather comparatives.
BAE Systems reiterates FY guidance in Q3 update
British multinational defence and aerospace firm BAE Systems reiterated its full-year guidance on Thursday despite cautioning that it was still being buffeted by geopolitical uncertainties - including the forthcoming general election in the UK.
IMI remains on target following margin improvement
IMI on Thursday said that its full-year results were on course to meet expectations after the engineering firm's margins improved, amid efforts to implement cost-cutting measures.
Provident Financial hails good new customer momentum
Provident Financial on Thursday said third quarter results were in line with expectations as it reported "good momentum" in new customer volumes.
CMA flags FirstGroup involvement in West Coast franchise
The Competition and Markets Authority waded into the awarding of the West Coast rail franchise on Thursday, raising concerns on 21 routes in the north of England and Scotland.
Tate & Lyle profit jumps 45% in first half
Tate & Lyle reported a 45% jump in first-half profit on Thursday as revenue ticked higher, with the food and beverage solutions division putting in a solid performance.
Halfords stays in line in first half, acquires McConechy's Tyre Service
Motoring and cycling products retailer Halfords Group said its first half profit was in line with its expectations on Thursday, adding that growth from strategic investment, gross margin improvements and tight cost control had partially mitigated a “challenging” retail backdrop and tough weather comparators year-on-year.
The Works tumbles on profit warning
Shares of The Works tumbled on Thursday as the retailer warned on profits amid a "challenging" consumer environment.