Vectura shares plunge on asthma drug failure
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Shares in Vectura Group have fallen after the pharma company announced that development of asthma drug VR475 will be halted.
Financial News
Halma share price rises on fresh acquisition
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Health, safety, and environmental technology group Halma has announced the acquisition of Navtech Radar for an initial £21million consideration.
Trakm8 share price crashes on loss news
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AIM-listed telematics provider Trakm8 has posted a pre-tax loss of £2.9 million for the six months ended 30th September.
Cineworld share price drops as non-US results fall short
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Entertainment group Cineworld has revealed that revenues for the year to date are up by 11.6%, driven primarily by a strong performance in the United States
Royal Mail profits sink during six months to September
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Royal Mail has reported that its profits before tax for the 26 weeks ended 23rd September dropped by 57% to £33 million.
Science in Sport sinks on stock-fueled plans
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AIM-listed nutrition specialist Science in Sport has proposed to acquire PhD Nutrition for a £32 million consideration funded by new stocks.
Workspace shares climb on rising rent income
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Workspace Group, the FTSE 250 office space provider, said net rental income for the six months ended 30th September was 17% higher than last year.
Smiths looks to spin off medical division
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FTSE 100 engineering firm Smiths saw its share price rise by 5.78% to 1,391p after announcing that it would split off its medical arm in the coming months.
FirstGroup storms ahead with strong revenues
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Consumer transport outfit FirstGroup saw its share price shoot upwards by 10.04%, to 87.65p, after the group reported a 19.2% increase in revenues.
Experian share price rises after solid first half
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Revenue at information services agency Experian increased by 7% in the six months ended 30th September from the same period a year earlier.