Elektron turns negative despite positive outlook
Shares in AIM-listed technology outfit Elektron Technology had dropped by 1.90% to 38p at 1600 BST after it issued a statement ahead of today’s AGM.
Shares in AIM-listed technology outfit Elektron Technology had dropped by 1.90% to 38p at 1600 BST after it issued a statement ahead of today’s AGM.
Property developer The Berkeley Group earned pre-tax profits of £934.9 million during the year ended 30th April but the company warned that it expected profits to drop by around 30% following 2018/2019.
Clothing retailer Sports Direct International has announced that it has bought an additional 8.6% stake in US outfit Iconix Brands.
Department store chain Debenhams has warned that trading in May and early June has been below plan as the company struggled in key markets and its rivals increased discounts.
Industrial equipment rental outfit Ashtead Group saw revenues rise by 20% during the year ended 30th April as the company’s US operations benefited from demand linked to major hurricane clean-up efforts.
Paper and packaging specialist DS Smith has reported that revenues for the year ended 30th April rose by 21% to £5.76 billion through a combination of organic growth in all regions and the impact of recent acquisitions.
Shares in AIM-listed drug discovery outfit hVivo had shot upwards by 30.96% to 25p at 1345 BST after the company announced positive results from Phase IIb field testing.
Clydesdale and Yorkshire Bank owner CYBG has announced that it has made an approved all-share offer for Virgin Money.
Shares in FTSE 250 pharmaceutical firm Invidior have plunged after the US Food and Drug Administration granted approval to rival drugmakers to launch generic versions of Suboxone.
Supermarket chain Tesco saw 1.8% group like-for-like growth during the 13 weeks ended 26th May, with the relatively recently acquired Booker portfolio growing by 14.3%.