News And Announcements
Shell agrees $9.5bn Permian Basin deal with ConocoPhillips
Royal Dutch Shell is to exit the Permian Basin after striking a $9. 5bn deal with US major ConocoPhillips.
UK factory orders hit record but supply problems bite
UK manufacturing orders rose to their highest for at least 44 years in September but factories struggled to meet demand because of supply problems, a survey showed.
Craneware performs well as it completes Sentry acquisition
United States healthcare software company Craneware reported a 6% improvement in revenue in its final results on Tuesday, to $75. 6m.
Alliance Pharma trades strongly in first half
Healthcare company Alliance Pharma reported strong trading in its first half on Tuesday, reporting a 24% rise in see-through revenue to £80. 9m.
M&C Saatchi says annual profit to beat forecasts
M&C Saatchi said annual profit would easily beat expectations after the advertising group won new business in a strong first half.
UK government considering state loans for energy companies
The UK government is considering offering state-backed loans to energy companies, the business secretary confirmed on Tuesday, as the sector battles soaring wholesale gas prices.
National Express in merger talks with Stagecoach
Transport operator National Express confirmed on Tuesday that it is in talks with rival Stagecoach about a possible merger.
Knights Group trading in line in new financial year
Legal and professional services company Knights Group said on Tuesday that the “strong momentum” it reported in the second half of the last financial year had continued into the new trading period.
AstraZeneca planning new Dublin manufacturing facility
AstraZeneca said on Tuesday that it is planning on establishing a next-generation active pharmaceutical ingredient (API) manufacturing facility for small molecules near Dublin, Ireland to secure its global supply network.
Alphawave ups guidance after strong maiden results
Alphawave increased its full-year guidance as the semiconductor technology posted a doubling of first-half profit and a surge in new business.
Mediclinic secures sustainability-linked debt refinancing
Private healthcare services group Mediclinic International said its Southern Africa division had completed a debt refinancing through a new sustainability-linked banking facility.
JTC H1 profit up 23% as new business increases
JTC posted a 23% increase in first-half underlying profit and said it expected annual results in line with guidance and expectations as the company secured more business.
Oxford Instruments FY trading seen ‘slightly’ ahead of expectations
Oxford Instruments said on Tuesday that trading for the full year is set to be "slightly" ahead of expectations amid a healthy pipeline, but it also cautioned over supply chain disruptions.
Travis Perkins to return plumbing unit sale cash through special divi, buyback
Builder's merchant Travis Perkins on Tuesday said it was returning the net proceeds from the £325m sale of its plumbing business earlier this year to shareholders through a special dividend and share buyback.
Workspace sells ex-Arup office in Fitzrovia
Workspace Group announced the exchange of contracts for the disposal of 13-17 Fitzroy Street in Fitzrovia on Tuesday, for a total of £92m.
Compass beats Q4 guidance as sports and leisure thrive
Compass said fourth-quarter performance was ahead of guidance as diners returned to sports and leisure venues and schools and colleges reopened.