(Sharecast News) - Consultancy business Alpha Financial Markets Consulting said it still expects to meet full-year market expectations despite a drop in margins in the first half. The company, which provides specialist consultancy services to the asset management,...
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Urban Logistics H1 IFRS profits tumble
Real estate investment trust Urban Logistics said on Friday that IFRS profits had tumbled in the six months ended 30 September despite reporting a surge in net rental income. Urban Logistics said IFRS profits had crashed from £50.3m to just £2.4m, even as net rental...
German reinsurer Munich Re cuts stake in Admiral
German reinsurer Munich Re has sold 7.4m shares in Admiral in a placing at 2,023p each. The sale will cut Munich Re's stake in the London-listed insurer to around 1.8%. Munich Re has committed not to sell any further shares in Admiral for a period of 12 months....
Second-line use of GSK cancer drug restricted
The second-line application of a GSK cancer treatment will be limited following a request by the US regulators, the drugs giant said on Friday. The first-line application of Zejula - a maintenance treatment for ovarian, fallopian tube and peritoneal cancer for...
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Bytes Technology posts record adjusted operating profit
Bytes Technology Group reported a "strong" performance in its preliminary results on Wednesday, with gross invoiced income increasing 33%...
Revolution bars raises £21m as it eyes recovery
Revolution Bars has raised £21m of equity to reduce debt, refurbish its bars and expand as the pandemic eases. The bar operator agreed to...
Intertek pleased with year-to-date performance
Intertek reported "solid" group like-for-like revenue growth of 2.7% for the year-to-date, at constant currency, with the products...
St James’s Place encouraged by strong YTD new business activity
Wealth management business St James's Place said on Wednesday that it was "encouraged" that strong new business activity experienced in...
Softcat lifts annual guidance after strong Q3
IT provider Softcat on Wednesday upgraded annual earnings guidance after reporting double-digit revenue growth in the third quarter....
Australia’s Ramsay Health Care to buy Spire for just under £1bn
Australia's Ramsay Health Care said on Wednesday that it has agreed to buy London-listed Spire Healthcare for just under £1bn. Under the...
SSE ups dividend in line with inflation
SSE increased its dividend in line with inflation as the energy company reported higher annual profit and stuck to its £7.5bn investment...
Vectura to be taken over by Carlyle in £958m deal
Pharmaceutical company Vectura said on Wednesday that it has agreed to be taken over by investment firm The Carlyle Group in a £958m deal....
British Land profit slumps but sees recovery signs
British Land's annual profit fell by more than one-third and the value of its properties dropped by more than 10% as the Covid-19 crisis...
Speedy Hire profits come in ahead of forecasts
Speedy Hire hailed a resilient performance in an "exceptionally challenging" year on Tuesday, after profits came in marginally ahead of...
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