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Ceres Power shares jump as Doosan launches fuel cell mass production
(Alliance News) - Ceres Power Holdings PLC shares surged on Monday as it said South Korean partner Doosan Corp has started mass market production of fuel cell stacks using Ceres's solid oxide ...
LONDON BROKER RATINGS: Investec cuts Entain; Deutsche Bank ups Quilter
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Oxford BioMedica holds outlook as revenue jumps and order book boosted
The Oxford, England-based cell and gene therapy contract development and manufacturing company said it expects to report revenue between GBP70 million and GBP73 million for the six months to the end ...
Ocean Wilsons Holdings agrees all-share merger with Hansa Investment
(Alliance News) - Ocean Wilsons Holdings Ltd on Monday said it has agreed the terms for an all-share merger with Hansa Investment Co Ltd that will see the combined firm take on Hansa's name and ...
GSK strikes USD12 billion drug portfolio deal with Hengrui Pharma
GSK will pay USD500 million in upfront fees across the agreements. The total value of success-based development, regulatory and commercial milestone payments to Hengrui Pharma is around USD12 billion, ...
LONDON BROKER RATINGS: Barclays lifts Wizz Air; Jefferies cuts Dowlais
Deutsche Bank Research cuts Vesuvius price target to 385 (415) pence - 'hold' Deutsche Bank Research cuts Treatt price target to 200 (245) pence - 'hold' Comments and questions to ...
LONDON BRIEFING: NatWest profit up; Close Brothers sells Winterflood
In early corporate news, NatWest posts a nearly 20% rise in half-year profit, plus a 58% increase to its dividend payout, and Close Brothers agrees the sale of its execution services and securities ...
Howden Joinery raises dividend after strong first-half momentum
Basic earnings per share climbed 6.5% to 16.4 pence from 15.4p. Howden raised the interim dividend per share by 2.0% to 5.0p from 4.9p the previous year. Net cash at June 30 was GBP321.4 million, up ...
Caledonia Mining expects to materially beat market consensus in 2025
The Zimbabwe-focused gold miner said it expects to post profit "materially ahead" of market consensus for 2025, based on the current production profile at the Blanket mine and assuming the ...
LONDON BRIEFING: Informa swings to loss; Breedon eyes lower guidance
In early corporate news, Informa swings to a first-half loss after impairments in its marketing business, and Breedon expects full-year earnings at the lower end of market consensus after interim ...
Kier CEO Davies to retire as posts record GBP11 billion order book
(Alliance News) - Kier Group PLC on Tuesday said its Chief Executive Officer Andrew Davies will retire at the end of October, as the group reported a record order book.
LONDON MARKET OPEN: London muted as borrowing higher than expected
The pound was quoted down at USD1.3472 early on Tuesday in London, compared to USD1.3506 at the equities close on Monday. The euro stood lower at USD1.1688, against USD1.1711. Against the yen, the ...