Company News
Lighthouse Group scores renewal of ASCL contract
Lighthouse Group on Wednesday agreed the renewal of its contract with the Association of School and College Leaders (ASCL), as the preferred provider of expert financial advice to the association's members.
NAHL trading in line despite slight stumble amid operational changes
NAHL Group on Wednesday reported modestly lower earnings in parts of its personal injury business, though its performance was still expected to meet its expectations for the first half of the year.
Capita CFO packs his bags
Capita chief financial officer Nick Greatorex has given notice that he intends to leave the outsourcer, seven months after a new chief executive was appointed.
Premier Foods CEO survives re-election vote; Q1 sales up 1.7%
The chief executive officer of Mr Kipling and Bisto owner Premier Foods survived an attempt to oust him on Wednesday, as the company posted a rise in first-quarter total group sales and said expectations for the year remain unchanged.
Goldman reinstates Ascential at 'buy' after exhibitions sale
Goldman Sachs reinstated coverage of Ascential, formerly EMAP, with a 'buy' rating and 560p price target, saying the new business mix will support double-digit organic growth to 2020.
Thursday preview: Unilever and Sports Direct results in focus
Half year results are due from Unilever and full year numbers from Sports Direct, while the Office for National Statistics will confirm official retail growth for last month.
US open: Stocks mostly higher as Morgan Stanley rallies on earnings
US stocks were mostly a little higher in early trade on Wednesday, with Morgan Stanley boosted by solid second-quarter earnings, as investors digested the latest testimony from Federal Reserve chairman Jerome Powell and some disappointing data on housing starts.
NetScientific subsidiary Wanda improve patient assistance software
Healthcare IP commercialisation firm NetScientific on Wednesday announced that portfolio company Wanda has completed a major enhancement of its patient management platform.
Astrazeneca hoards drugs in preparation for Brexit
Astrazeneca is increasing its stockpiles of drugs by a fifth to ensure the smooth supply of medicines in the case of a hard Brexit in April 2019.
Xeros Technology scores collaboration with Chinese washing machine manufacturer
Xeros Technology on Wednesday signed a licensing contract with Jiangsu SeaLion Technology Development, a subsidiary of Chinese washing machine manufacturer Jiangsu SeaLion Machinery.
Quadrise Fuels signs MoU with fuel merchant Freepoint
Quadrise Fuels International has signed a memorandum of understanding (MoU) with Freepoint Commodities, it announced on Wednesday.
Scancell exercises option for Ichor's TriGrid 2.0
Novel immunotherapies developer Scancell Holdings has exercised its option to a worldwide commercial licence for the use of Ichor Medical Systems' proprietary ‘TriGrid 2. 0’ electroporation delivery system with SCIB1 - Scancell's ‘ImmunoBody’ vaccine for the treatment of melanoma - it announced on Wednesday.
Biffa trading in line, investors told
Waste management company Biffa updated the market on its trading on Wednesday, for the period from 31 March to date.
Sky gets pat on the back in latest Ofcom complaints stats
As children's entertainment behemoth Disney and Rupert Murdoch’s 21st Century Fox tussle for control of Sky, Ofcom has revealed the broadcaster and telecoms utility was the least complained about provider in the latest complaints league table.
Google fined €4.3bn by EU over Android case
Tech giant Google has been fined €4. 3bn ($5bn) by the European Union for abusing its market position over smartphone makers and ordered to change the way it puts web browser apps on Android devices.
Oxford Biomedica could be in line for larger royalty from Novartis
Oxford BioMedica could get a bumper royalty payment from Novartis after solid sales of Kymriah drug in the second quarter.
Strix Group to meet expectations and focus on new products
Strix Group on Wednesday reported that strong sales of new ranges in the first half of 2018 saw the company remain on track to achieve results in line with market expectations for the full year.
Ericsson shares soar after better-than-expected Q2 results
Shares in Swedish telecoms giant Ericsson soared on Wednesday after the company posted an unexpected small operating profit in the second quarter.
DX Group turnaround chugs on as divisions 'gather momentum'
DX Group on Wednesday reported that its turnaround is “progressing steadily” as its freight and express divisions delivered in line with expectations in the second half.
Carr's upgrades guidance again
Agricultural and engineering group Carr's said on Wednesday that full-year results will be "slightly" ahead of its previous expectations as trading since its interim results in April has been better than expected.