UK stocks jump 1.6% on vaccine, stimulus hopes

UK stocks opened substantially higher on Monday after Johnson & Johnson's single-dose Covid-19 vaccine was approved for use in the US.

At 0823, the benchmark...

Mon, 01/03/2021 - 08:39


4D pharma appoints John Beck as CFO

Pharmaceutical company 4D pharma said it had appointed John Beck as chief financial Officer.

Most recently Beck was the senior vice president, finance and CFO...

Mon, 01/03/2021 - 08:31


Halfords lifts annual profit outlook on stronger than expected performance

Halfords, a motoring and cycling products and services provider, upgraded its outlook on profit, citing a strong-than-expected performance during its fiscal fourth quarter of the...

Mon, 01/03/2021 - 08:19


Speedy Hire upgrades guidance, sells Middle East assets

Tool and equipment hire group Speedy Hire said it expected its annual profit to be 'well ahead' of current market expectations.

The company also announced...

Mon, 01/03/2021 - 08:05


Global Invacom swings to annual profit as higher margins offset pandemic hit to revenue

Satellite communications equipment provider Global Invacom swung to an annual profit as higher margins offset a pandemic-led fall in revenue.

For the year ended...

Mon, 01/03/2021 - 08:05


Energean launches $2.5 billion senior debt offering to pay down debt

Gas exploration and development company Energean said its subsidiary, Energean Israel Finance, launched a US$2.5 billion aggregate principal amount offering of four tranches of senior...

Mon, 01/03/2021 - 07:59


Aggreko swings to loss, but proposes final dividend on improving market conditions

Power company Aggreko proposed a final dividend of 10 pence per share for 2020, despite swinging to an annual loss as the company said it...

Mon, 01/03/2021 - 07:54


Reach annual profit plunges; reinstates dividing citing growth prospects

Newspaper publisher Reach reported a steep fall in annual profit as print sales continued to slump amid the pandemic, though it reinstated its dividend citing...

Mon, 01/03/2021 - 07:54


Restaurant Group secures £500m of long-term debt

Wagamama owner Restaurant Group said it had £500 million of long-term debt that came with no leverage tests on their covenants until June 2022.

The...

Mon, 01/03/2021 - 07:45


Solid State acquires image capture group Active Silicon

Computing and power products manufacturer Solid State said it had acquired digital image capture solutions group Active Silicon.

The initial acquisition sum was £6.3 million,...

Mon, 01/03/2021 - 07:38


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