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Elecosoft's jump in profits overshadowed by board changes
Construction software specialist Elecosoft saw its shares dip on Wednesday after news of finance director Simon Morgan’s resignation overshadowed the release of strong interim results.
Goldman upgrades RBS on valuation, better capital return prospects
Goldman Sachs upgraded Royal Bank of Scotland to ‘buy’ from ‘neutral’ and lifted the price target by 5% to 345p on Wednesday, citing an attractive valuation and better capital return prospects over the medium term.
Goals Soccer Centres kicks on after first half loss
Five-a-side football pitch operator Goals Soccer Centre said that it has returned to growth after poor weather saw a swing to a loss in the first half of the year.
Hurricane Florence sees Indivior release Sublocade presentation early
Indivior announced on Wednesday that, due to “adverse weather” expected from Hurricane Florence, the recently-declared state of emergency in Virginia and its likely impact on East Coast travel in the US, the company was unable to participate in Morgan Stanley's 16th Annual Global Healthcare Conference.
Dunelm eyes areas for improvement after profits fall again
Dunelm's new chief executive has identified areas for short- and medium-term improvements as the homewares retailer reported falling profits for the second year in a row.
Expanded Safestore secures decent third quarter performance
Safestore Holdings posted its third-quarter trading update for the three months to 31 July on Wednesday, reporting a 10. 3% improvement in group revenue at constant exchange rates to £36. 4m.
Energean makes solid first-half progress
Independent oil and gas exploration and production company Energean Oil and Gas announced its half-year results for the six months ended 30 June on Wednesday, with sales revenue falling 1. 9% year-on-year to $26. 3m.
Winkworth profit and revenue rise, on track for full year
AIM-listed estate agency M Winkworth reported a rise in interim profit and revenue on Wednesday as it opened four new offices and said full-year results should be in line with management's expectations.
London open: Stocks nudge up despite trade worries; SSE tumbles on profit warning
London stocks nudged just a touch higher in early trade on Wednesday as worries about trade continued to dominate sentiment.
IWG confirms departure of CFO de Daniel
IWG announced on Wednesday that its chief financial officer and chief operating officer, Dominik de Daniel, was leaving the company to “pursue other opportunities”, and had agreed to stay for a transitional period to ensure a smooth handover.
Superdry appoints former Hilfiger executive as chief product officer
Superdry has appointed the former head of global womenswear for Tommy Hilfiger, Brigitte Danielmeyer, to the newly-created role of chief product officer.
Big Yellow Group raising fresh £67m in placing
Big Yellow Group announced its intention to raise gross proceeds of about £67m by way of a placing on Wednesday, with both existing shareholders and new institutional investors.
Shire gets EC marketing authorisation for 'VEYVONDI' treatment
Rare diseases specialist Shire announced on Wednesday that the European Commission has granted marketing authorisation for ‘VEYVONDI’, for the treatment of bleeding events and the treatment and prevention of surgical bleeding in adults with von Willebrand disease, when desmopressin treatment alone is ineffective or not indicated.
Shire gets EC marketing nod for VEYVONDI, SSE says first half profits likely halved
London open The FTSE 100 is expected to open 19 points higher on Wednesday, having closed down 0. 08% at 7,273. 54 on Tuesday.
Galliford Try profit and revenue rise, on track to meet 2021 strategic targets
Galliford Try posted a jump in full-year profit and revenue on Wednesday as completions rose and the housebuilder said it was making "excellent" progress towards its strategic objectives across all three businesses.
London pre-open: Stocks seen muted as trade worries persist
London stocks were set for a fairly steady start on Wednesday as worries about trade continued to dominate sentiment.
Wednesday newspaper round-up: Tesco, payday lender, Sports Direct
Tesco will unveil its new discount chain Jack’s next week as the UK’s biggest supermarket throws down the gauntlet to the German discounters Aldi and Lidl. The first of the stores, named after the Tesco founder, Jack Cohen, will be unveiled by the supermarket’s chief executive, Dave Lewis, in Chatteris, Cambridgeshire, on Wednesday. – Guardian.