Fixed Income in the News
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Hill & Smith snaps up solar lighting specialist in £18m deal
Hill & Smith is spending £18.2m buying Prolectric Services, the FTSE 250 infrastructure and galvanising firm said on Tuesday. Hill & Smith…
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FCA closes investigation into Lookers
The Financial Conduct Authority has closed its investigation over the possible mis-selling of regulated products at car dealership chain Lookers. The FCA…
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Apax Global Alpha records double-digit NAV growth in 2020
British investment trust Apax Global Alpha said on Tuesday that its adjusted net asset value per share had grown by double-digits in…
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XP Power declares final dividend after year of growth
XP Power reported 17% growth in revenue in its annual results on Tuesday, £233.3m, as its order intake rose 20% to £258m.…
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Sirius buys business park near Stuttgart for 9.2m
Germany-focused business park owner Sirius Real Estate said it had bought a property near Stuttgart for 9.2m. The London-listed company said the…
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Rotork reports resilience in Covid-impacted year
Rotork reported a 12.4% decline in order intake in its full-year results on Tuesday, to £590.2m, reflecting the impact of Covid-19 on…
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Calisen narrows FY pre-tax losses on improved revenues
Energy company Calisen said on Tuesday that pre-tax losses had narrowed in 2020 thanks to some solid revenue growth. Pre-tax losses improved…
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Wizz Air February passenger numbers slump 87%
Low cost airline Wizz Air reported an 87.3% slump in February passenger numbers as Covid-19 travel restrictions virtually shut down air travel.…
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Ryanair February passenger numbers plunge 95%
Budget carrier Ryanair said passenger numbers slumped 95% in February year on year, as Covid-19 pandemic travel bans hammered the business. Passenger…
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National Grid broadly backs Ofgem pricing proposals, plans £10bn investment
National Grid has accepted most of Ofgem’s price control proposals but will appeal on one aspect, the energy firm said on Tuesday.…
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