Filtronic annual profit dives amid higher costs; outlook confident
(Alliance News) - Filtronic PLC on Tuesday announced a decline in annual profit amid higher costs as the company hired more people, noting a "strong" order book. Read More
(Alliance News) - Filtronic PLC on Tuesday announced a decline in annual profit amid higher costs as the company hired more people, noting a "strong" order book. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - Convatec Group PLC on Tuesday said adjusted operating profit rose thanks to higher revenue, prompting an interim dividend hike and plans for a share buyback. Read More
(Alliance News) - Travis Perkins PLC on Tuesday said it is seeing encouraging early progress in its operational turnaround as it reported better-than-expected interim operating profit. Read More
(Alliance News) - Metro Bank Holdings PLC on Tuesday reported double-digit profit and lending growth for its first half, and reaffirmed its forecasts for the current and subsequent years. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
Halma PLC - Amersham, England-based safety products manufacturer - Completes sale of US orthobiologics products business NovaBone Products LLC to Isto Biologics for USD60 million on a cash- and debt-free basis. Halma notes that Massachusetts-based Isto Biologics has a complementary product portfolio to Florida-based NovaBone and is better placed to support NovaBone's long-term growth. Biologics are medical products that help patients heal faster. Halma bought NovaBone at the start of 2020 for USD97 million, but despite the lower selling price says it doesn't expect to recognise a material gain or loss on disposal. Read More
(Alliance News) - Campaigners have lost a bid to take their legal fight against the UK government over plans to expand Gatwick Airport to the Court of Appeal. Read More
(Alliance News) - Fresnillo PLC on Tuesday reported higher half-year sales and profitability as metals prices rose. Read More
(Alliance News) - Donald Trump has said he thinks he and UK Prime Minister Andy Burnham are "going to have a very good relationship" as he again stressed the need for the UK to tackle immigration and open up North Sea oil, claiming Britain was currently "a bankrupt country". Read More
(Alliance News) - Smith & Nephew PLC on Tuesday lowered full-year sales guidance after a soft second quarter which was hit by weaker demand for hip and knee implants. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Coca-Cola Europacific Partners PLC on Tuesday reported a rise in half-year earnings, and the soft drink bottler left its annual view unchanged. Read More
(Alliance News) - Segro PLC on Tuesday agreed to a share and cash takeover offer from US peer Prologis Inc that values the London-based warehouse property investor at GBP14 billion. Read More
(Alliance News) - BP PLC on Tuesday said it needs to "get fit to grow," as it announced plans to sell its US biogas business alongside better-than-expected second quarter earnings. Read More