Company News
Friday preview: Global PMIs, ECB's Lagarde in focus
Financial markets' focus at the end of the week will be on the release of a raft of surveys that will give investors a better handle on just how quickly economies are recovering as lockdowns are lifted and vaccines are rolled out.
Greatland Gold begins drilling at Juri joint venture
Precious and base metals exploration and development company Greatland Gold announced the start of drilling under the Juri joint venture with Newcrest Mining on Thursday.
Renalytix AI wins 10-year US government contract
Renalytix AI announced on Thursday that the United States government has granted it a 10-year ‘Governmentwide Acquisition Contract’ (GWAC) to provide ‘KidneyIntelX’ early-stage kidney disease bioprognostic testing services.
RWS puts in good first half performance
Language services and technology company RWS reported good first half performance on Thursday, despite foreign exchange headwinds, with revenue in line with its own expectations.
GB Group finishes year ahead of market expectations
Identity data technology company GB Group reported a 9% improvement in total revenue and organic constant currency revenue for the 2021 financial year on Thursday, to £217m, ahead of updated market consensus expectations.
Odey bets against Deliveroo shares - report
Odey Asset Management has taken a short position against Deliveroo in the first evidence of hedge funds betting against the food delivery group's shares, the Financial Times reported.
Dignity chairman meets demise at hands of shareholders
Dignity's chairman has been ousted by the funeral company's shareholders, triggering a wider boardroom walkout.
Alphawave plans $4.5bn London IPO
Alphawave IP said it expected to list its shares in London and had secured cornerstone investments valuing the company at up to $4. 5bn (£3. 2bn).
CareTech trades in line during H1
Social care and education services provider Caretech said on Thursday that it has traded in line with market expectations throughout the first half of its financial year, with stronger revenues and increased underlying earnings year-on-year.
Severfield results to beat expectations
Severfield said it was trading well and that results for the year to the end of March would easily beat its expectations.
EU prepares case against AstraZeneca for failed vaccine deliveries
The European Commission is working on legal proceedings against AstraZeneca after the drugmaker failed to deliver the Covid-19 vaccines that it had been contracted for with the European Union.
Upper Crust owner SSP completes £475m rights issue
SSP has allocated all the shares in its £475m rights issue to strengthen its finances during the extended Covid-19 crisis.
Domino's Pizza reports strong start to 2021
Domino's Pizza said it had a strong first quarter as delivery sales more than made up for fewer collections during the Covid-19 lockdown.
Spectris pleased with first quarter sales growth
Spectris reported a 5% improvement in group like-for-like sales in its first quarter on Thursday.
CLS Holdings collects 95% of Q2 rents due
Commercial property firm CLS Holdings said on Thursday that it had collected 95% of second-quarter rents, when taking into account tenants switching to monthly payments, up from 93% a year earlier.
AJ Bell reaches record assets under administration in Q2
Investment platform provider AJ Bell reported a 32% improvement in total customer numbers year-on-year in its second quarter on Thursday, to 346,797, with total net inflows in the period rising to £1. 5b from £1. 3bn a year earlier.
Morgan Sindall FY performance tracking 'significantly ahead' of expectations
Construction and regeneration group Morgan Sindall said on Thursday that it was now on track to deliver a full-year performance "significantly ahead" of previous expectations.
Rank Group maintains good liquidity ahead of UK reopening
Gambling company the Rank Group ended its third quarter with total cash and available facilities of £89. 8m, it announced on Thursday, comfortably achieving its minimum liquidity covenant of £50m.
RELX reports good start to 2021 for main businesses
RELX said it expected its three main businesses had started the year well but that the outlook was unclear for its exhibitions division with the Covid-19 pandemic continuing.
Ibstock to redevelop mothballed factory after solid first quarter
Ibstock reported a “good start” to the new financial year on Thursday, trading slightly ahead of expectations, with robust demand from both the new build housing and repairs, maintenance and improvement (RMI) end markets.
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