Investments
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Cisco to buy Acacia Communications for $4.5bn
(Sharecast News) – Cisco has agreed to buy Acacia Communications for around $4.5bn, sending shares in the latter surging on Thursday, after…
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Meggitt sees FY in line but cautions on air travel recovery
(Sharecast News) – Defence and aerospace engineer Meggitt said it expected full year results to be in line with expectations but cautioned…
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Aveva confident on outlook after strong third quarter
(Sharecast News) – Aveva said it was confident in its outlook for annual results after a “strong” third quarter improved revenue growth…
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Babcock profits fall 34% as Covid hits civil aerospace
(Sharecast News) – Defence company Babcock said profits fell by more than a third in the nine months to date as the…
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SFO drops investigation into British American Tobacco
(Sharecast News) – British American Tobacco said on Friday that the UK’s Serious Fraud Office had ended an investigation into one of…
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Segro collects 98pc of rents for 2020
(Sharecast News) – Segro said on Friday that for the year ended 31 December, it had collected 98% of all rents to…
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Hammerson CFO James Lenton to step down
(Sharecast News) – Shopping centre owner Hammerson said on Friday that James Lenton plans to step down as chief financial officer. A…
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Indivior says annual revenue, profit to beat expectations
(Sharecast News) – Opioid addiction treatment maker Indivior upped its full-year revenue guidance on Friday and said adjusted pre-tax income is set…
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AstraZeneca gets another approval for ‘Imfinzi’ in Europe
(Sharecast News) – AstraZeneca said on Friday that ‘Imfinzi’, or durvalumab, has been approved in the European Union and the UK for…
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Petrofac says no current employees face charges under SFO probe
(Sharecast News) – Petrofac on Friday said no charges have been brought against any group company or current employees after a former…
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