News And Announcements
PureTech to test LYT-100 for long-Covid after tolerability success
PureTech Health said its LYT-100 inflammation and fibrosis treatment showed good tolerability and that it would test its effectiveness on long-Covid symptoms.
Anglo American diamond sales up year-on-year in ninth cycle
Multinational mining company Anglo American said rough diamond sales for De Beers' ninth cycle of 2020 were up year-on-year despite "ongoing risks" in multiple markets.
Lockdown cycling boom propels Halfords to bumper profits
Halfords pedalled to bumper interim profits on Wednesday as Britons got on their bikes during the Covid-19 pandemic.
Speedy Hire sees results near top of expectations
Speedy Hire predicted annual results close to the top of expectations after the Covid-19 crisis almost wiped out first-half profit.
Hargreaves Lansdown loses ground as co-founder sells shares
Investment platform Hargreaves Lansdown was under the cosh on Wednesday after an offering of 6. 7m shares by co-founder Stephen Lansdown was priced at 1,535p per share, which is a 5% discount to the closing share price on Tuesday.
Kaz Minerals to cover portion of CDP infrastructure costs at Baimskaya
Copper miner Kaz Minerals said on Wednesday that the Ministry for the Development of the Russian Far East and Arctic had submitted a multi-party Complex Development Plan for approval that would see the company's Baimskaya project benefit from new infrastructure.
TBC profit rises on higher income, lower credit loss
TBC Bank's third-quarter profit rose by a fifth as Georgia's biggest lender increased income and set aside less for credit losses.
Micro Focus ends year in line with forecasts
Software company Micro Focus updated the market following the end of its financial year on Wednesday, saying it expected to report revenue of about $3bn, in line with management expectations.
British Land reinstates dividend despite widened H1 loss
Property development and investment company British Land reinstated its dividend on Wednesday despite failing to turn a profit in the first half of its trading year.
Croda to buy fragrances and flavours firm Iberchem
Speciality chemical company Croda International has agreed to acquire fragrances and flavours firm Iberchem, it announced on Wednesday, for €820m (£736m) on a debt-free, cash-free basis.
Spirax-Sarco backs FY expectations as Q3 trading improves
Spirax-Sarco Engineering backed its full-year expectations on Wednesday as it reported an improvement in third-quarter trading.
SSE takes £115 first-half hit from coronavirus
Energy supplier SSE reported a fall in adjusted operating profit after taking a £115m hit from the coronavirus pandemic, but also maintained its interim dividend payout.