Page 8 - Ivan Edwards News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UPDATE: Balfour Beatty holds guidance; names former ITV boss as chair Thu, 13th May 2021 14:12 (Alliance News) - Balfour Beatty PLC on Thursday said it continues to expect profit at its earnings-based businesses to recover to pre-virus levels, and named former ITV PLC chief executive Charles Allen as its new chair. Shares were down 0.9% to 308.20 pence in London, roughly in line with the wider mid-cap FTSE 250 index. In an update ahead of its annual general meeting on Thursday, the London-based infrastructure developer maintained its expectation that its two earnings-based businesses - Cons...

Marston's promotes finance chief Andrea to replace veteran CEO Findlay Wed, 12th May 2021 11:27 (Alliance News) - Marston's PLC on Wednesday named Chief Financial Officer Andrew Andrea as its new chief executive. Andrea will replace Ralph Findlay as chief executive on October 3, after Findlay announced in March his decision to step down after 20 years in the job. Andrea is 51 years old and Findlay is 60 years old, according to Companies House files. The incoming chief has 23 years of experience in the pub and brewing industry, and has extensive commercial and operational expertise as well as...

Oxford Metrics wins contract with Tencent unit Sharkmob Tue, 11th May 2021 14:09 (Alliance News) - Oxford Metrics PLC on Tuesday said its Vicon business won a contract with Sharkmob, a video games developer owned by Tencent Holdings Ltd. Vicon will supply cameras and software to Sharkmob's performance capture studio, due to open this summer in Malmo, Sweden. The competitive contract win shows the strength of Vicon's products, Oxford Metrics said. "As the game industry continues to evolve rapidly, we have seen more and more games companies, both major developers and independents, choose Vico...

Sherborne dumps Barclays stake after three-year battle over strategy Fri, 7th May 2021 10:03 (Alliance News) - Sherborne Investors Management LP, the investment vehicle of activist Edward Bramson, on Friday said it has sold its entire 6.0% stake in Barclays PLC. It ends a three-year battle between Sherborne and the London-based bank, during which the activist tried to force cutbacks and oust Chief Executive Jes Staley. Sherborne had called for Staley to be removed in April 2020 over his links to Jeffrey Epstein. Shares in Barclays were up 1.9% to 180.48 pence in London. Based on the bank's ma...

Rathbone reports first-quarter asset growth and inflows Thu, 6th May 2021 11:23 (Alliance News) - Rathbone Brothers PLC on Thursday reported "good organic growth" in a first-quarter trading update. Total funds under management and administration rose 2.0% to GBP55.8 billion on March 31 from GBP54.7 billion on December 31 and jumped 31% from GBP42.65 billion a year before. Net inflows totalled GBP693 million in the first quarter, up from GBP652 million a year before. Underlying net operating income jumped 27% year-on-year to GBP107.3 million from GBP84.6 million. Shares were up 3.5% to 1,760....