Fixed Income in the News
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Oxford Biomedica says Sanofi pulling out of haemophilia project
Oxford Biomedica said that Sanofi’s decision to terminate collaboration on a haemophilia treatment would have a “negligible” impact on revenue. Sanofi had…
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ContourGlobal lifts dividend as FY profits rise
US power generation firm ContourGlobal lifted its dividend as it reported a rise in annual adjusted core earnings boosted by its acquisition…
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Sanne FY profits, revenue rise despite Covid impact
Sanne reported a rise in full-year profit and revenue on Friday despite the impact of the Covid-19 pandemic, as it hailed revenue…
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Government borrowing hits record high in February
UK government borrowing hit its highest level in February since records began in 1993, according to figures released on Friday by the…
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Halfords buys garage chain for £15m in motoring expansion
Halfords has agreed to buy a garage chain in the south east of the UK for £15m as part of the group’s…
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ContourGlobal declares 4.05 cents quarterly dividend
US power generation firm ContourGlobal declared a 4.05 cents-a-share dividend on Friday for the three months to December 31. Equivalent to $26.6m,…
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Taylor Wimpey and Countryside ordered to scrap unfair leases
The UK’s competition watchdog has ordered Taylor Wimpey and Countryside to tear up onerous ground rent terms that have left many leaseholders…
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AJ Bell buys Adalpha for undisclosed sum
Investment platform AJ Bell said on Friday that it has bought Adalpha – which is currently developing a mobile focused platform proposition…
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Wetherspoons swings to heavy loss as Covid curbs bite
Pub chain JD Wetherspoon swung to a heavy half-year loss as it felt the impact of Covid restrictions which saw its venues…
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NatWest to buy £1.1bn of its shares from UK Treasury
NatWest is spending £1.1bn to buy almost 5% of its shares from the UK Treasury, which became the bank’s majority shareholder during…
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