Company news

Glencore copper output falls

Glencore’s own-sourced copper production fell to 642,900 tonnes in the first half of the year – down 9% on last time. The group said this reflected a transition to mining a greater portion of copper/zinc ores at Antamina (noting concurrent higher zinc grades/production), temporary lower copper grades at Antapaccay, the effects of wet weather at […]

AZ breast cancer drug gets EC approval

AstraZeneca’s breast cancer drug Faslodex (fulvestrant) has been approved by the European Commission. AstraZeneca said the EC had approved Faslodex for the treatment of oestrogen-receptor positive, locally-advanced or metastatic breast cancer in postmenopausal women not previously treated with endocrine therapy. It said the EU approval was based on pivotal data from the phase III FALCON […]

Disney and Koovs launch fashion collection

Koovs has launched its latest ‘Private Label’ exclusive fashion collaboration with Disney featuring Mickey and Minnie Mouse. Koovs said: “With the new Disney X KOOVS Collection, Koovs has applied its unique design-led approach, combining the iconic, retro cuteness of Disney’s original characters with Koovs fashion expertise, to create around 100 modern, cool and trendy ‘Pop […]

IWG schedules AGM

IWG will hold its annual general meeting at Dammstrasse 19, CH-6300, Zug, Switzerland, on 16 May at 11 a.m. (local time). At 8:53am: (LON:IWG) IWG Plc share price was +1.6p at 317.6p Story provided by

Boussard & Gavaudan NAV update

Boussard & Gavaudan Holding said the estimated net asset value of its sterling shares was £20.0365 at the close of business on 11 April. The estimated NAV of its euro shares was €22.8056. At 8:43am: (LON:BGHS) Boussard Gavaudan Holding share price was 0p at 1582.5p Story provided by

BHP Billiton warns of high cost of Elliott proposals

BHP Billiton has warned that all shareholders would lose if it replaced its dual listed company structure with a single UK incorporated company as proposed by Elliott Associates and Elliott International. The company said the board and management regularly reviewed the DLC structure and its portfolio of assets so as to optimise long-term value for […]

Comptoir scales back restaurant opening schedule

Comptoir Group’s revenues rose by 21% to £21.5m in the year to the end of December but it has decided to reduce its opening schedule for 2018 to four restaurants following lower-than-expected trading at the start of this year. Gross profit increased 21% to £15.7m and adjusted EBITDA rose by 7% to £2.7m but adjusted […]

AEW UK REIT acquires industrial building in Basildon

AEW UK REIT has acquired a 69,000 sq ft multi-let industrial building in Basildon, Essex, for £4.55m, reflecting a high net initial yield of 7.8% and a capital value of £66 per sq ft. The warehouse is located within the established Cranes Farm Industrial area and strategically located adjacent to the A127, which provides quick […]

First Property wins two awards from MSCI

First Property Group has won two prestigious awards from MSCI. The group’s UK Pension Property Portfolio LP has been awarded best ‘Small Specialist Fund’ by MSCI as part of its annual UK Property Investment Awards 2017. The measurement period for the award was over the three years to 31 December 2016, during which the annualised […]

Somero sets date for AGM

Somero Enterprises has confirmed that the Annual General Meeting of the Company will be held on June 6. At 3:03pm: (LON:SOM) Somero Enterprises Inc share price was +1.5p at 320p Story provided by

Torchmark schedules Q1 earnings release

Torchmark Corporation has confirmed that it will release First Quarter 2017 earnings after the market closes on Wednesday, April 19. Story provided by

Patisserie schedules interims

Patisserie Holdings confirmed that the Company will be announcing its half year financial results for the 6 months ended 31 March on 17 May. At 2:29pm: (LON:CAKE) Patisserie Holdings Plc share price was +2.5p at 319.5p Story provided by

N Brown warns over higher complaint costs

N Brown says it now expects exceptional costs to be almost twice as much as the £12m previously announced, due to financial services customer complaint redress. It said these costs are likely to be in the region of £22m to £24m for fiscal year 2017. The Company added: We now expect the cost of likely […]

GSK makes changes to financial reporting framework

GlaxoSmithKline has announced that it will be making a number of changes to the format and content of its financial reports from Q1, 2017. A summary of the changes are as follows: – Core results will be renamed Adjusted results and will include ‘ordinary course’ legal charges – GSK will continue to present Total results […]

Mortgage Advice Bureau sets date of AGM

Mortgage Advice Bureau has confirmed that the Company’s Annual General Meeting is to be held on 24 May. At 2:08pm: (LON:MAB1) Mortgage Advice Bureau Holdings Plc share price was -15p at 420p Story provided by

Prudential confirms date of AGM

Prudential has confirmed that the Annual General Meeting of the Company will be held on 18 May. At 2:03pm: (LON:PRU) Prudential PLC share price was -4.25p at 1675.25p Story provided by

Alcentra declares 1.09p interim divi

Alcentra European Floating Rate Income Fund Limited has declared an interim dividend, in respect of the period from 1 January 2017 to 31 March 2017, of 1.09p per share. The dividend will be payable on 12 May 2017 to holders of Ordinary Shares on the register at 21 April 2017, in line with the Company’s […]

Cadence updates on Macarthur's Stonewall Lithium Project

Cadence Minerals has reported that Macarthur Minerals, in which it owns a 16.5% shareholding, has announced the commencement of its second soil sampling program at its Stonewall Lithium Project located in Lida Valley, Nevada. Soil Sampling Program: A shallow auger drilling program was conducted as part of due diligence in October 2016 where all nine […]

esure schedules AGM

esure Group has confirmed that the Company’s Annual General Meeting is to be held on 17 May. At 1:38pm: (LON:ESUR) esure Group plc share price was +4.5p at 249.3p Story provided by

Ashmore Global Opportunities to benefit from asset revaluation

Ashmore Global Opportunities has reported that it has become aware of a revaluation of an asset to which the Company has exposure which is likely to have a positive impact on the net asset value of the Company of around 5.8%. At 1:31pm: (LON:AGOL) Ashmore Global Opportunities Ltd share price was +0.28p at 4.04p (LON:AGOU) […]

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