Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGFS.L Share News (GFS)

  • There is currently no data for GFS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: Domino's Pizza Warns Of International Loss

Tue, 07th May 2019 10:44

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Vodafone, up 1.8%. The telecommunications firm said it signed a cable wholesale agreement with Telefonica Deutschland to allow the German company to offer broadband services via Vodafone's network. Under the deal, Telefonica DE will be able to market broadband services over the combined Vodafone and Unitymedia cable network in Germany, which covers 23.7 million households, the company explained.----------AstraZeneca, up 1.2%. The Anglo-Swedish drugmaker said trial results of Calquence showed significant increase in time patients lived without progression of chronic lymphocytic leukaemia disease. AstraZeneca said positive results from the Phase III Ascend trial showed a statistically-significant and clinically-meaningful improvement in progression-free survival with Calquence monotherapy compared to a combination regimen of rituximab plus physician's choice of idelalisib or bendamustine. Importantly, the safety and tolerability of Calquence was consistent with the known profile. Calquence is currently approved for the treatment of adults with relapsed or refractory mantle cell lymphoma in the US, Brazil, the UAE, and Qatar, and is being developed for the treatment of chronic lymphocytic leukaemia and other blood cancers.----------FTSE 250 - WINNERS----------Syncona, up 1.6%. The life-sciences investor said it was encouraged by portfolio firm Blue Earth Diagnostics' prostate cancer imaging tests results. The healthcare company said that a trial on 58 patients of Blue Earth's radiohybrid PSMA-targeted agent, rhPSMA-7, demonstrated sensitivity of 72%, specificity of 93% and diagnostic accuracy 86%, when compared to histopathological findings. Martin Murphy, Chief Executive of Syncona Investment Management Ltd, said: "We are encouraged by these results, which provide further evidence to support the potential clinical utility of rhPSMA-7 in both high-risk primary and recurrent prostate cancer." Syncona owns a 89% stake in Blue Earth Diagnostics. ----------FTSE 250 - LOSERS----------Domino's Pizza, down 5.2%. The pizza delivery chain said it no longer believes its International operations will break even in 2019 after a disappointing first quarter. Domino's International operations - Norway, Sweden, Iceland and Switzerland - saw sales down 2.0% to GBP25.1 million from GBP25.6 million. However, the London-listed firm's domestic unit reported a robust performance in the 13 weeks to March 31, with UK & Ireland system sales up 4.8% to GBP299.3 million from GBP285.5 million. UK like-for-like sales rose 3.1% while in Ireland were up 6.8%. Total group system sales in the period increased 4.3% to GBP324.4 million from GBP311.1 million in the comparative period a year ago. "Domino's is struggling to make their international businesses fire on all cylinders. It is disappointing to see them losing ground in almost all of the areas that the group operates, outside of the UK and Ireland. The trading update is unsurprisingly badly received by the market," said Hargreaves Lansdown's Steve Clayton. ----------G4S, down 3.5%. Canadian firm Garda World Security on Sunday said it does not intend to make an offer for the UK-listed security company. At the beginning of April, Garda World had said it was in the "preliminary stage" of considering an approach to G4S, to be made in cash. At the time, it provided no further details. G4S on Sunday noted the Garda World statement and confirmed that since April it has not received any approach from the Canadian firm. "The group continues to focus on its previously announced review of options for the separation of its Cash Solutions business from the group," G4S said.----------Kier, down 2.5%. The construction firm said Finance Director Bev Dew is to leave the firm by the end of September. Kier did not say why Dew will be departing, but said it has started the search for a successor.----------OTHER MAIN MARKET AND AIM - WINNERS----------Vectura, up 12%. The pharmaceutical company said it won a patent infringement case against blue chip drugmaker GlaxoSmithKline and was awarded USD89.7 million in damages. The decision followed a court process started in 2016, when Vectura filed a patent infringement lawsuit against Glaxo in the US District Court for the District of Delaware related to US sales of three of Glaxo's Ellipta products. Vectura and Glaxo entered into an agreement in 2010 under which Glaxo had taken a license to formulation technology covered by a Vectura patent which expired in 2016. At that time, Glaxo declined to renew the licensing agreement, resulting in the filing of the lawsuit by Vectura. On Friday, a trial by jury found Vectura's claim valid and declared GSK's infringement as "willful". The willfulness finding grants Vectura the right to seek enhanced damages, the company explained. Glaxo however has the option to appeal the decision. Glaxo shares were down 0.4%. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Purplebricks, down 4.6%. The online estate agent said Founder & Chief Executive Michael Bruce is stepping down with immediate effect following a "disappointing" 12 months. Bruce is being replaced as CEO by former Moneysupermarket.com Group Managing Director Vic Darvey. Darvey currently is chief operating officer at Purplebricks, joining only in January. Purplebricks has decided to exit the Australian market. The company said market conditions have become "increasingly challenging", which combined with "execution errors" resulted in the division "not delivering the progress" the company expected. In addition, the company placed its US business under review. Non-Executive Chair Paul Pindar "sincerely apologised" to the company's shareholders for the performance in the past 12 months.----------

More News
25 Nov 2020 08:08

G4S to resume divi payments in 2021; Rejects GardaWorld bid again

(Sharecast News) - Private security firm G4S, currently fending off a £3bn takeover bid from smaller rival GardaWorld, said it planned to resume dividend payments next year and urged shareholders once again to reject overtures from its unwanted suitor.

Read more
17 Nov 2020 09:51

UK BROKER RATINGS SUMMARY: SocGen Cuts BHP And RBC Upgrades BP

UK BROKER RATINGS SUMMARY: SocGen Cuts BHP And RBC Upgrades BP

Read more
16 Nov 2020 16:29

Bid target G4S talks up potential of Retail Cash Solutions business

Nov 16 (Reuters) - G4S, which is fighting a hostile 3 billion pound bid from smaller rival GardaWorld, sought on Monday to highlight the potential of its U.S.-focused Retail Cash Solutions (RCS) business, arguing it has "exceptional unrecognised ...

Read more
16 Nov 2020 10:58

Takeover Target G4S Hails "Revolutionising" Retail Cash Solutions Unit

Takeover Target G4S Hails "Revolutionising" Retail Cash Solutions Unit

Read more
16 Nov 2020 08:13

LONDON BRIEFING: Vodafone Holds Dividend As Swings To Interim Profit

LONDON BRIEFING: Vodafone Holds Dividend As Swings To Interim Profit

Read more
16 Nov 2020 07:37

G4S sets out US cash ambitions amid bid battle

(Sharecast News) - G4S predicted its retail cash solutions (RCS) business would increase revenue by 25% a year to hit $600m (£454m) by 2025 as it sought to beat off a hostile bid from Canada's GardaWorld.

Read more
16 Nov 2020 05:43

G4S Coronavirus Testing Site Closed Following Outbreak Among Staff

G4S Coronavirus Testing Site Closed Following Outbreak Among Staff

Read more
12 Nov 2020 11:02

GardaWorld's G4S Bid Gets North American Competition Clearance

GardaWorld's G4S Bid Gets North American Competition Clearance

Read more
9 Nov 2020 08:56

GardaWorld Extends Takeover Offer For G4S To Late November

GardaWorld Extends Takeover Offer For G4S To Late November

Read more
9 Nov 2020 08:46

LIVE MARKETS-A green wave at the open in Europe

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comA GREEN WAVE AT THE OPEN IN EUROPE (0845 GMT)The lack of a blue wave in the U.S. has...

Read more
9 Nov 2020 07:52

LONDON MARKET PRE-OPEN: Taylor Wimpey Expects Strong Annual Results

LONDON MARKET PRE-OPEN: Taylor Wimpey Expects Strong Annual Results

Read more
8 Nov 2020 16:51

UPDATE 1-Canada's Gardaworld extends offer for UK's G4S

(Adds more details, background)Nov 8 (Reuters) - Canadian security firm GardaWorld, which launched a hostile bid last month for larger rival G4S Plc , said on Sunday it has extended its offer after the British company repeatedly rejected its offer...

Read more
8 Nov 2020 16:02

Canada's Gardaworld extends offer for G4S Plc

Nov 8 (Reuters) - Canada's Gardaworld said on Sunday it has extended its offer for G4S Plc and will remain open for acceptance until Nov. 28.“We are extending our offer for G4S because, despite its past problems and uncertain future, we believe we...

Read more
3 Nov 2020 17:14

LONDON MARKET CLOSE: Rally On Hopes US Vote Will Pave Way For Stimulus

LONDON MARKET CLOSE: Rally On Hopes US Vote Will Pave Way For Stimulus

Read more
3 Nov 2020 12:33

UPDATE 1-Sweden's Securitas reinstates dividend as Q3 profit in line

* Q3 op profit SEK 1.14 bln vs forecast 1.12 bln* Says EGM to vote on 4.80 SEK/share dividend* Like-for-like sales flat in Q3 (Adds detail, background share)STOCKHOLM, Nov 2 (Reuters) - Securitas, the world's biggest security services group, report...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.