Page 13 - Greg Roxburgh News Today

TOP NEWS: Anglo American shaves coal guidance amid partial exit Thu, 22nd Apr 2021 08:19 (Alliance News) - Anglo American PLC on Thursday reported solid increases in production in the first quarter in most area, while production of coal shrank and guidance for coal output was cut as the miner unpacks some of its coal assets. Looking at production on an annual basis, the Anglo American said diamond production in the first quarter fell 7.7% to 7.2 million carats from 7.8 million a year prior. Co...

TOP NEWS: Kering rebounds to pre-pandemic levels in first quarter Tue, 20th Apr 2021 17:56 (Alliance News) - Kering SA on Tuesday hailed a rise in revenue in the first quarter as the Gucci fashion house owner started "bouncing back above pre-pandemic levels". Group consolidated revenue for the first quarter jumped 26%, on a comparable basis, from last years EUR3.20 billion, and was up 5.5% on 2019s first quarter, at constant exchange rates. Growth was well balanced across the group, driven by ...

TOP NEWS: J&J to restart rollout of Covid-19 jab on EMA guidance Tue, 20th Apr 2021 17:36 (Alliance News) - Johnson & Johnson on Tuesday announced that it will resume the rollout of its Covid-19 vaccine in Europe following the European Medicines Agencys updated guidance for the jab. The EUs drug watchdog announced earlier Tuesday that blood clots should be listed as a "very rare" side effect of the J&J coronavirus vaccine but its benefits still outweigh the risks. The guidance follows a review ...

TRADING UPDATES: UK Oil & Gas annual loss widens on impairments Fri, 16th Apr 2021 19:37 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: UK Oil & Gas PLC - London-headquartered exploration and production company - Posts pretax loss for the year ended September 30 last year of GBP20.9 million, widening from GBP5.4 million a year prior. Revenue increases to GBP908,000 from GBP213,000. Books GBP10.7...

IN BRIEF: Dalata Hotel promotes head of financial reporting to CFO Thu, 15th Apr 2021 21:08 Dalata Hotel Group PLC - Irish hotel operator - Appoints Carol Phelan as chief financial officer, effective July 1. Phelan has been with the company since 2014 and was appointed as group head of financial reporting, treasury & tax in 2017. "During her time with the group, Phelan has played a leading role within the finance team; responsible for the development of the financial reporting function during a...

TRADING UPDATES: HSBC announces redemption of US dollar securities Thu, 15th Apr 2021 19:37 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: HSBC Holdings PLC - London-based bank - Announces the redemption of its USD2.00 billion 6.875% perpetual subordinated contingent convertible securities. The redemption price will be USD1,000 per USD1,000 of the securities together with any accrued but unpai...

Kerry Group suspends discussions with UK dairy business amid review Thu, 15th Apr 2021 17:51 (Alliance News) - Kerry Group PLC on Thursday announced talks with Kerry Co-Operative Creameries Ltd, its dairy-related business in Ireland and the UK, have been suspended. Kerry Group in February announced it is conducting a strategic review of dairy-related businesses in the UK and Ireland, saying that the review may have led to a transaction in the coming months. The Ireland-based food company confir...

Thu, 15th Apr 2021 19:37 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: HSBC Holdings PLC - London-based bank - Announces the redemption of its USD2.00 billion 6.875% perpetual subordinated contingent convertible securities. The redemption price will be USD1,000 per USD1,000 of the securities together with any accrued but unpaid interest. RHI Magnesita NV - Vienna, Austria-headquartered suppli...

Evraz board gives nod to potential demerger of coal assets Thu, 15th Apr 2021 18:24 (Alliance News) - Evraz PLC on Thursday announced that its board has given the green light to move forward in its preparations for the potential demerger of its coal assets. The blue-chip Russian steelmaker urged, however, that there can be no assurance that the demerger will take place. All the companys coal assets sit under its subsidiary, PJSC Raspadskaya PAO, listed on the Moscow Exchange. "Evraz is commit...

DIRECTOR DEALINGS: Marshalls CEOs Spouse sells GBP1.1 million worth Thu, 15th Apr 2021 21:43 (Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Marshalls PLC - FTSE 250-listed hard landscaping products company - Spouse of Chief Executive Martyn Coffey sells 149,126 shares at GBP7.05 each for around GBP1.1 million in total. Braveheart Investment Group PLC - UK-based i...