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


Tesco sells out of Chinese joint venture for £275m

Supermarket giant Tesco said it had sold its 20% share in Chinese retailer Gain Land to a subsidiary of joint venture partner China Resources, generating...

Tue, 25/02/2020 - 07:16


Petrofrac profit rise tempered by lower revenue, writedowns

Oil services company Petrofrac reported a rise in annual profit, even as its revenue fell, after it recorded a smaller yet still substantial series of...

Tue, 25/02/2020 - 07:11


Company Events - 7 Days Ahead Events

Interim Result

03/03/2020 Hutchison China Meditech Limited (HCM)
03/03/2020 DX Group Plc (DX.)
03/03/2020 Ashtead Group PLC (AHT)

Final Result

26/02/2020 Mail.RU Group Ltd...

Tue, 25/02/2020 - 07:00


Economic Events - 7 Days Ahead Events

UK

28/02/2020 00:01 GfK Consumer Confidence
28/02/2020 00:01 BRC Shop Price Index y/y
02/03/2020 09:30 M4 Money Supply m/m
02/03/2020 09:30 Final Manufacturing PMI
...

Tue, 25/02/2020 - 07:00


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