Baillie Gifford US Growth Trust notches bumper annual return

US companies investor Baillie Gifford US Growth Trust posted a positive annual return that beat its benchmark.

The company's net asset value for the year...

Wed, 11/08/2021 - 08:09


CLS profit falls 22% on higher vacancy rate, currency headwind

Office and commercial property group CLS reported a 22% fall in first-half profit, citing higher vacancy rates during the pandemic and FX headwinds.

Pre-tax profit...

Wed, 11/08/2021 - 08:05


Quilter underlying profit up 20%; lifts dividend

Wealth manager Quilter posted a rise in underlying profit and lifted its dividend after enjoying fresh inflows into its funds.

At the bottom-line level, the...

Wed, 11/08/2021 - 08:00


Hill & Smith hikes dividend, upgrades guidance as profit rises 7%

Infrastructure developer Hill & Smith reported a 7% rise in first-half profit, hiked its dividend and upgraded its guidance, citing a good recovery in all...

Wed, 11/08/2021 - 07:53


Pershing Square buys 7.1% stake in Universal Music for $2.8 bn

Investment group Pershing Square said it had acquired 7.1% of Universal Music from Vivendi for $2.8 billion.

The shares were bought for about $21.78 each,...

Wed, 11/08/2021 - 07:48


Admiral hikes dividend 63% as first-half profit surges

Insurance company Admiral hiked its dividend 63% after its first-half profit was boosted by a surge in customer numbers and revenue.

Pre-tax profit from continuing...

Wed, 11/08/2021 - 07:45


Phoenix operating profit improves; raises dividend 3%

Insurance company Phoenix swung to a first-half loss, owing to negative investment returns, though its operating profit improved and it nudged up its dividend.

Pre-tax...

Wed, 11/08/2021 - 07:37


Avast agrees to be acquired by NortonLifeLock for up to $8.6bn

Cybersecurity company Avast agreed to be acquired by US rival NortonLifeLock for up to $8.6 billion in cash and shares.

NortonLifeLock said that based on...

Wed, 11/08/2021 - 07:29


Spirax‐Sarco Engineering ups dividend 15% as profit jumps

Thermal energy management and niche pumping specialist Spirax‐Sarco Engineering booked a 41% rise in first-half profit, boosted in part by demand for vaccines.

Pre-tax profit...

Wed, 11/08/2021 - 07:15


4imprint reinstates interim dividend as revenue jumps 23%

Promotional products marketer 4imprint posted a modest first-half profit and reinstated its interim dividend, citing a 'robust recovery' in demand.

Pre-tax profit for the six...

Wed, 11/08/2021 - 07:08


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