News And Announcements
Barclays sued for €279m in Dutch derivatives suit
Britain's Barclays Bank has been sued for €279m ($239m) for its alleged involvement in a derivatives investment that almost put a Dutch affordable-housing provider out of business, it was reported on Friday.
Mitie lifts profit guidance as it wins more Covid contracts
Facilities management company Mitie Group lifted annual profit guidance after a strong second quarter boosted by the award of more Covid-19-related contracts and a return to office work after lockdowns.
Weekly review
The FTSE 100 ended the week 87. 84 points higher, closing at 7,051. 48 on Friday.
Cruise operator Carnival posts $2bn loss for third quarter
Cruise operator Carnival reported a third-quarter adjusted net loss of $2bn on Friday but said that bookings for the second half of next year are above pre-pandemic levels.
EQT faces market abuse probe by Swedish regulators over $2.7bn share sale
Listed private equity group EQT is being probed by Swedish regulators over potential market abuse after a controversial $2. 7bn share sale by top executives.
Peel Hunt raises £122m in London listing
Broker Peel Hunt said on Friday that it has raised £112m in a listing on London’s junior AIM market.
Totally wins £16m in urgent care contract extensions
Healthcare services provider Totally reported on Friday that its urgent care division had been awarded several contract extensions, worth a total of about £16m.
Microsaic Systems signs support deal in China
Point-of-need mass spectrometry technology company Microsaic Systems has signed an agreement with Jiangsu Henzhihe Technologies Company (HZH), it announced on Friday, to support its relationship with its China distributor.
Touchstone Exploration positive on completion of Royston-1
Touchstone Exploration has completed drilling the Royston-1 exploration well, it said on Friday, announcing that it encountered “substantial” hydrocarbon accumulations based on drilling and wireline log data.
Fusion Antibodies performing in line in year-to-date
Antibody discovery, engineering and supply company Fusion Antibodies said on Friday that revenue growth in the current year had been consistent year-on-year, and in line with its expectations.
Mobile Tornado extends InTechnology loan facility for another year
Enterprise-level mobile communications technology company Mobile Tornado has extended its revolving loan facility agreement with InTechnology first entered into in September 2018, it announced on Friday.
Condor Gold upbeat on latest drilling results from Mestiza
Condor Gold announced on Friday that the first phase of infill drilling of 39 holes for 3371. 58 metres, using diamond core drilling, had been completed on the Mestiza open pit, with all assay results received.
Iofina turns in record first-half results
Iodine and specialty chemicals specialist Iofina reported “record” first half results on Friday, with revenue ahead 27% at $19. 9m.
Mexican restaurant chain Tortilla to float on AIM
Mexican restaurant chain Tortilla said on Friday that it’s planning to list on the London Stock Market and open up 45 new sites over the next five years.
Judges Scientific lifts interim dividend, sees FY ahead of expectations
Judges Scientific hiked its interim dividend by 15% on Friday as it reported a jump in profit and said it’s confident of exceeding market expectations for the full year as it recovers from the initial impact of the pandemic.
AstraZeneca reports latest positive results for 'Lynparza'
AstraZeneca said on Friday that positive high-level results from the ‘PROpel’ phase 3 trial showed ‘Lynparza’, or olaparib, in combination with abiraterone, demonstrated a statistically significant and clinically meaningful improvement in radiographic progression-free survival (rPFS) versus standard-of-care abiraterone, as a first-line treatment for men with metastatic castration-resistant prostate cancer (mCRPC), with or without homologous recombination repair (HRR) gene mutations.
In The Style slides after profit warning
In The Style shares sank on Friday after the fashion brand warned that higher freight costs, disruption to the timing of shipments and increased customer returns were set to dent profits.
CMA to investigate CVS acquisition of Quality Pet Care
The Competition and Markets Authority said on Friday that it has decided the investigate CVS Group's completed acquisition of Quality Pet Care, which trades asThe Vet.
US DLA extends body armour contract with Avon Protection
Avon Protection said on Friday that the US Defense Logistics Agency (DLA) has extended a body armour contract with the group.