Abrdn records rebound in flows as boss says cost-cutting is ‘on track’ April 24, 2024 Money manager Abrdn said its cost-cutting programme was “on track” today as its total funds under management ticked up in the first three months of the year ann the flow of cash into the firm rebounded.
Warpaint London expands into Superdrug and Boots as revenue leaps 40 per cent April 24, 2024 Warpaint cosmetics has reported a 40 per cent rise in revenue for the year ended 31st December, helped by the launch of its products in New Look and Superdrug stores.
Reckitt Benckiser: Nutrition arm bruised amid baby formula litigation case April 24, 2024 Like-for-like sales at its nutrition arm fell by 9.9 per cent to £591m, which more than offset growth of 7.1 per cent at its hygiene arm and one per cent at its health arm.
Proxy battle fails to erupt as investors wave through FTSE 350 payouts April 24, 2024 The battle over paypackets for London’s top bosses failed to materialise in the opening months of the year as investors snubbed proxy firms and waved through bigger salaries for executives, new data suggests.
FTSE 100 closes at new record after breaching all-time high April 23, 2024 "This positive showing is exactly what’s needed to help repair the reputation of the UK stock market," Russ Mould, investment director at AJ Bell said.
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Alfa Romeo Formula One team supplier AB Dynamics hikes profit guidance as boss says more acquisitions to come April 23, 2024 Formula one testing firm AB Dynamics has hiked its profit guidance for the year ahead amid strong demand across all its regions.
Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’ April 23, 2024 In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.
How much is too much? The CEO pay predicament April 23, 2024 A growing number of London-listed companies have been asking shareholders to approve radical pay rises for their top execs. Why?
Jupiter outflows surge after star fund managers leave for new ventures April 23, 2024 Jupiter Fund Management saw significant outflows in the first quarter, thanks to the loss of Chrysalis investment trust and the unpopularity of the firm's value strategies.