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Lastest Finance News

IN BRIEF: AstraZeneca loses emergency use authorisation for Evusheld

26th Jan 2023 21:30

AstraZeneca PLC - Cambridge, England-based pharmaceutical firm - Reports that the US Food & Drug Administration withdrew its authorisation for the emergency use of Evusheld, a medicine used to prevent Covid-19 in adults and adolescents, for the emergency use for pre-exposure prophylaxis of Covid-19 in the US. Says that the FDA will make a determination about reinstating authorisation of Evusheld if the national prevalence of resistant variants decreases to 90%. Explains that the withdrawal is due the sustained high frequency of circulating SARS-CoV-2 variants that Evusheld does not retain in vitro neutralisation against. Read More

Micro Focus International to be replaced by Hunting on FTSE 250 index

26th Jan 2023 21:15

(Alliance News) - Micro Focus International PLC will be deleted from the FTSE 250 index, the FTSE Russell said on Thursday, amid its takeover by Open Text Corp. Read More

LONDON MARKET CLOSE: Stocks up as US data boosts soft landing hopes

26th Jan 2023 17:08

(Alliance News) - Stocks in London were higher at the close on Thursday following the release of improved economic data out of the US which suggested the world's largest economy may avoid an imminent recession. Read More

Rank swings to half-year loss despite revenue ticking up as costs rise

26th Jan 2023 16:52

(Alliance News) - Rank Group PLC on Thursday said it fell to a pretax loss in the first half of its financial 2023, despite revenue ticking up, as cost of sales and other operating costs widened. Read More

Foxtons expects 2022 revenue to be ahead of market expectations

26th Jan 2023 16:29

(Alliance News) - Foxtons Group PLC on Thursday said it expects 2022 revenue to be ahead of market expectations, while its operational review nears completion and has resulted in a new growth plan. Read More

UK earnings, trading statements calendar - next 7 days

26th Jan 2023 15:45

UK shareholder meetings calendar - next 7 days

26th Jan 2023 15:44

UK dividends calendar - next 7 days

26th Jan 2023 15:44

TOP NEWS: Entain JV BetMGM 2022 net revenue above guidance

26th Jan 2023 14:52

(Alliance News) - Entain PLC on Thursday said BetMGM LLC revenue rose in 2022, as the company targets positive earning for the 50%-owned joint venture in 2023. Read More

TRADING UPDATES: Empresaria eyes annual operating profit to double

26th Jan 2023 14:36

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: LondonMetric Property appoints Alistair Elliott as chair

26th Jan 2023 14:31

LondonMetric Property PLC - London-based property investor - Appoints Non-Executive Director Alistair Elliott as chair from July 11, replacing Patrick Vaughan. Company refers to an annual general meeting held in July 2022, when 79% of shares cast their vote in favour of re-electing Patrick Vaughan to the board of directors. LondonMetric Property says shareholders noted that female representation fell below 33% at the 2022 annual general meeting, and that Vaughan's tenure as chair had lasted over nine years. The company confirms that at the next annual general meeting, female representation on the board will increase to 33% from currently 30%. "LondonMetric confirms that it is in advanced stages of recruiting a female non-executive director and expects to announce an appointment over the next two months," the firm says. Read More

IN BRIEF: Titon Holdings swings to loss on lack of raw materials

26th Jan 2023 14:28

IN BRIEF: Titon Holdings PLC - Colchester, Essex-based ventilation systems and window & door hardware supplier - Swings to loss in the financial year that ended on September 30 as it cites shortage of raw materials, key components and labour. Annual pretax loss stands at GBP953,000, compared to a profit of GBP1.1 million a year ago. Revenue declines 5.7% to GBP22.1 million from GBP23.4 million. Notes weaker trading conditions in South Korea. Declares 2.5 pence per share full year dividend, down 56% from 4.5p a year prior. Read More

IN BRIEF: Cap-XX shares plummet as interim revenue drops 34%

26th Jan 2023 14:24

Cap-XX Ltd - Sydney-based maker of ultra-thin prismatic and cylindrical supercapacitors - Reports revenue of AUD1.6 million in the first half to December 31, down 34% from AUD2.4 million a year ago. Company notes supply chain bottlenecks especially in China, as well as a global shortage of integrated circuits, which affects its customer order volumes. Further, notes impact of the war in Ukraine and rising interest rates and energy prices. Adjusted half-year loss before interest, tax, depreciation and amortisation is expected at AUD966,000, widened from AUD305,000. Sales order book grows 41% since December 31, 2022. Sales pipeline grows 8.3% to USD65 million annually as at December 31, from USD60 million at June 30. Cap-XX will release its interim results on February 28. Read More

TClarke delivers "record" annual turnover, confident of 2023 outlook

26th Jan 2023 14:02

(Alliance News) - TClarke PLC on Thursday said it has delivered on market expectations for the past year, on the basis of strong trading in the second half. Read More

Carr's gives date for delayed results; executive changes on release

26th Jan 2023 12:36

(Alliance News) - Carr's Group PLC on Thursday said it would be delaying the publication of its results for 2022, due to additional audit work. Read More

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