Parity posts first-half loss as revenue slips 33%

Data and technology focused professional services group Parity posted a first-half loss after revenue fell by around a third.

Pre-tax losses for the six months...

Tue, 22/09/2020 - 07:59


Apax Global Alpha sells stake in Neuraxpharm to Permira

Investment company Apax Global Alpha said that the APAX VIII fund, in which the company is a limited partner, announced that it had agreed to...

Tue, 22/09/2020 - 07:56


Modern Water books loss as revenue more than halves

Water treatment and monitoring technology group Modern Water booked a first-half loss, as its revenue more than halved.

Pre-tax losses for the six months through...

Tue, 22/09/2020 - 07:56


Hikma Pharmaceuticals downgrades outlook after receiving complete response letter for generic Advair Diskus

Drugmaker Hikma Pharmaceuticals downgraded its outlook on performance after it received a 'minor' complete response letter from US health authorities for its generic version of...

Tue, 22/09/2020 - 07:51


Stenprop acquires industrial properties in Glasgow, Stoke-on-Trent for £11.1m

Industrial property investor Stenprop said it had acquired two multi-let industrial properties, comprising 18 units, in Glasgow and Stoke-on-Trent for a combined £11.1m.

The purchase...

Tue, 22/09/2020 - 07:51


Tandem doubles dividend as demand for bikes jumps during pandemic

Sports, leisure and mobility equipment retailer Tandem posted a rise in first-half profit and doubled its dividend as demand for bicycles jumped during the pandemic....

Tue, 22/09/2020 - 07:47


Euromoney expects adjusted profit to top market expectations; sees further delays in events

Information services provider Euromoney said it expected adjusted pre-tax profit to be ahead of market expectations amid ongoing momentum.

For the full year ending...

Tue, 22/09/2020 - 07:39


SigmaRoc completes acquisition of Welsh quarrying group GDH

Construction materials company SigmaRoc said it had completed the acquisition of the remaining 60% equity interest in Welsh quarrying group GDH that it didn't already...

Tue, 22/09/2020 - 07:38


Sigma Capital forms £1bn London housing JV with EQT

Residential development and regeneration specialist Sigma Capital said it had formed a joint venture with EQT Real Estate to deliver new homes for private rental...

Tue, 22/09/2020 - 07:35


Beazley hikes estimate for Covid-19 related claims amid resurgence in virus

Insurance company Beazley hiked its estimate of the cost of Covid-19 claims related to further event cancellation losses amid a resurgence in the coronavirus....

Tue, 22/09/2020 - 07:30


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