Springfield Properties lifts dividend 17% as profits improve

Scottish house builder Springfield Properties posted a 3.4% rise in first-half profit

Pre-tax profit for the six months through November increased to £6.3m, up from...

Tue, 25/02/2020 - 08:00


Broker Forecast - Peel Hunt issues a broker note on Softcat Plc

Peel Hunt today initiates coverage of Softcat Plc (LON:SCT) with a buy investment rating and price target of 1407p.

Broker Forecasts data provided by ...

Tue, 25/02/2020 - 08:00


Ricardo profit falls 19%; warns of material coronavirus hit

Engineering company Ricardo reported a 19% fall in first-half profit after higher sales were offset by one-off impairment and restructuring costs.

The company also warned...

Tue, 25/02/2020 - 07:55


Genesis Emerging Markets Fund tops benchmark performance in first half

Genesis Emerging Markets Fund said its first-half returns topped that of its benchmark as the fund benefited from a rebound in emerging markets in the...

Tue, 25/02/2020 - 07:48


Prudential faces break-up call from activist investor Third Point

Insurance company Prudential said it would commence talks with activist shareholder Third Point, which has called on the company to be broken up.

Third Point,...

Tue, 25/02/2020 - 07:46


Hammerson losses widen as net rental income falls amid uncertain retail backdrop

Property developer and investor Hammerson reported wider losses as revenue was hurt by a fall in net rental income as an increasing number of retailers...

Tue, 25/02/2020 - 07:41


Morgan Advanced Materials profit up 16%; sees flat-to-modest 2020 sales growth

Specialist product manufacturer Morgan Advanced Materials booked a 16% rise in annual profit as sales inched higher and cost efficiencies improved margins.

Pre-tax profit for...

Tue, 25/02/2020 - 07:39


SIG CEO and CFO both suddenly depart

Building materials supplier SIG said chief executive Meinie Oldersma and chief financial officer Nick Maddock had both stood down, with immediate effect.

The company said...

Tue, 25/02/2020 - 07:27


Meggitt chairman Nigel Rudd to stand down

Defence contractor Meggitt said chairman Nigel Rudd planned to stand down to spend more time on his business and other interests.

Rudd, who was appointed...

Tue, 25/02/2020 - 07:18


AstraZeneca agrees to sell global rights to constipation drug for $67.5m

Pharma giant AstraZeneca said it had agreed to sell its global rights to constipation drug excluding Europe, Canada and Israel, to RedHill Biopharma for an...

Tue, 25/02/2020 - 07:18


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