News And Announcements
Ashtead says results to beat expectations after strong Q1
Ashtead said annual performance would beat its previous expectations as the equipment hire company reported a 53% increase in operating profit for the first quarter.
Hilton ups dividend after strong first half
Hilton Foods increased its interim dividend by 17% as the food packaging company reported a strong first half driven by its Australian operation.
UK competition watchdog to probe Sony's AWAL purchase
The UK’s competition watchdog has launched a full inquiry into Sony’s completed purchase of AWAL, an artists and label (A&L) service for independent musicians.
Euros help C&C return to profit ahead of plan
C&C said it returned to profit ahead of plan in the first half after Covid-19 restrictions were lifted and football fans drank during the Euros soccer tournament.
M&S blames Brexit for French store closures
Marks & Spencer has blamed Brexit for its decision to close 11 high street food stores in France and leave many Parisians without their favourite sandwiches.
IG Group revenues grow on 'strong' Q1 performance
Online trading platform operator IG Group said on Thursday that it had delivered a "strong first-quarter performance", driven by the size and quality of its client base.
IP Group portfolio company confirms IPO intentions, inks MOU with Oracle
Intellectual property company IP Group said on Thursday that portfolio company Oxford Nanopore Technologies had confirmed its intention to proceed with an initial public offering and the signing of a strategic memorandum of understanding and a cornerstone investment agreement with Oracle Corporation.
Sky broadband drops out in parts of Scotland
Sky customers across Scotland saw their internet connection drop out around about 1300 BST on Thursday.
CF Industries shutters UK plants on soaring gas prices
Two UK fertiliser plants have been shuttered by their US owner because of soaring gas prices.
John Lewis cuts losses but warns of 'significant uncertainty' ahead
John Lewis Partnership reported narrowed interim losses on Thursday, but warned of “significant” uncertainty ahead as it faced labour shortages and supply chain constraints.
Clinigen cuts full-year earnings forecasts, shares fall
Shares in Clinigen Group fell on Thursday after the pharmaceuticals specialist cut its full-year earnings forecast.
Superdry 'turning a corner', shares jump
Superdry insisted it was “turning a corner” on Thursday, sending its shares higher, after annual losses narrowed despite a fall in revenues.
Kier swings to FY profit as turnaround complete
Construction group Kier said on Thursday that it swung back to a full-year profit after completing its turnaround strategy.
THG to list beauty division
THG is to spin out its beauty division, the e-commerce heavyweight announced on Thursday.
Marley plans IPO to meet UK housing demand
Marley Group is planning an initial public offering to support its growth plans in a UK housing market beset by ageing buildings and a shortage of homes.
Lagardere surges as Vivendi agrees to snap up Amber Capital’s 17.9% stake
Lagardere shares surged after Vivendi agreed to buy activist investor Amber Capital’s 17. 9% stake in the French media group, paving the way for a possible takeover.
Galliford Try profit beats guidance
Galliford Try's annual profit beat guidance as the construction group emerged from the worst of the Covid-19 crisis.
Great Portland secures two further retail lettings at Hanover Square
Great Portland Estates said on Thursday that it has secured two further retail lettings at Hanover Square in central London.
CMC Markets takes over ANZ share investing client base
Online trading platform provider CMC Markets said on Thursday that it was now in the process of transitioning Australia and New Zealand Banking's share investing client base to CMC for a sum of AUD $25. 0m (£13. 23).
JTC to acquire US fund services provider Segue Partners
Fund manager JTC has agreed to acquire American fund services provider Segue Partners for an undisclosed amount.