News And Announcements
Cairn Energy confirms progress at Sangomar in Senegal
Cairn Energy reported the approval of the exploitation plan for the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore by the Senegal government on Thursday, along with the exploitation authorisation for the Sangomar Field development.
IAG's Willie Walsh to stand down as CEO
International Airlines Group chief executive would be quitting his role in March, the British Airways owner said on Thursday.
Marks & Spencer Q3 sales decline as clothing underperforms
Marks & Spencer reported a decline in third-quarter sales on Thursday as the clothing and home segment underperformed and the retailer cautioned that gross margins for the year would be at the lower end of guidance.
Dunelm reports 'strong growth' in sales over Christmas quarter
Dunelm Group updated the market on its second quarter on Thursday, reporting a 5% improvement in total like-for-like sales, which it said reflected “strong growth” across the total retail system, especially given the strength of the comparative period a year earlier where total like-for-like sales grew 10. 8%.
Christmas sales cheer Mitchells & Butlers
Pub group Mitchells & Butlers said like for like sales grew 2. 6% in the 14 weeks to January 4 with a strong performance over the Christmas period.
Hikma, Arecor to co-develop injectable medicine in US
Hikma Pharmaceuticals on Thursday said it had signed a deal with Arecor to co-develop a ready-to-use injectable medicine in the US.
Centamin posts rise in Q4 gold production, backs 2020 guidance
FTSE 250 gold miner Centamin posted a jump in fourth-quarter production on Thursday as it backed its guidance for 2020.
SIG warns on profits amid deteriorating markets
Building materials group SIG issued a profit warning on Thursday as it pointed to a deterioration in construction markets.
Tesco reports modest Xmas sales growth in 'subdued' market
British retailer Tesco reported a 0. 1% rise in underlying UK Christmas sales in what it described as a “subdued” market.