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Pin to quick picksItaconix Plc Share News (ITX)

Share Price Information for Itaconix Plc (ITX)

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Share Price: 167.50
Bid: 165.00
Ask: 170.00
Change: -9.50 (-5.37%)
Spread: 5.00 (3.03%)
Open: 177.00
High: 177.00
Low: 167.50
Prev. Close: 177.00
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Adidas boost and strong miners keep European shares afloat

Wed, 14th Mar 2018 08:35

(For a live blog on European stocks, type LIVE/ in an Eikonnews window)

LONDON, March 14 (Reuters) - In the face of a freshprotectionist move from the U.S. causing Asian shares to fallovernight, European stocks managed a slight gain on Wednesdaythanks to strong results from Adidas and robust mining stocks.

The pan-European STOXX 600 gained 0.2 percent,pushed higher by consumer staples and basic materials. Spain'sIBEX lagged peers, down 0.5 percent after disappointingresults from Zara fashion chain owner Inditex.

German sports fashion company Adidas shone at thetop of the STOXX, jumping 8.8 percent after announcing a sharebuyback of up to 3 billion euros and lifting its 2020profitability target.

Technology stocks were the biggest drags on the index afterU.S. President Trump threatened to impost tariffs on up to $60billion of Chinese imports, targeting tech andtelecommunications in particular.

Basic resource stocks climbed 1.1 percent after data showedChinese industrial production expanded at a much faster pacethan expected.

UK insurer Prudential was another notable gainer, up5 percent as investors cheered its plan to spin off its UK andEuropean business, which will be listed on the FTSE 100 in itsown right.

Zara owner Inditex was the top Spanish faller, down5.1 percent after its results. Analysts at Berenberg said salesdata showed online penetration was much lower than forecast.

Shares in Belgian postal service Bpost dropped 19percent after fourth-quarter results missed expectations.(Reporting by Helen Reidediting by Tom Pfeiffer)

More News
9 Jan 2020 10:06

Itaconix accelerates FY revenue growth

(Sharecast News) - Specialty polymers manufacturer Itaconix told investors on Thursday that revenue growth had accelerated in 2019 and said it now expects underlying losses to be in line with expectations.

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7 Jan 2020 08:29

Itaconix makes first delivery of 'Zinador 35L' to Croda

(Sharecast News) - Speciality polymers company Itaconix announced the delivery of the first order of 'ZINADOR 35L' to Croda on Tuesday.

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24 Oct 2019 16:23

Itaconix expands supply agreement with Croda

(Sharecast News) - Specialty polymers company Itaconix announced an expansion to its existing global supply agreement with Croda on Thursday, to include an additional polymeric zinc complex to the product line already supplied to Croda.

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23 Oct 2019 14:54

Itaconix launches 'Velafresh' odour control range

(Sharecast News) - Specialty polymers developer Itaconix introduced its new 'Velafresh' odour control product line for personal care at the Sepawa Home and Personal Care Conference in Berlin on Wednesday.

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18 Oct 2019 11:41

Itaconix warns on revenue after tough year

(Sharecast News) - Sustainable specialty polymers company Itaconix updated the market on its trading on Friday, reporting that revenues for the first three quarters of 2019 reached £0.7m, representing a 78% increase over the same period in 2018 and matching full-year revenues then of £0.7m.

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10 Sep 2019 11:47

Itaconix Hails Momentum Toward Profitability As Costs Down, Revenue Up

(Alliance News) - Itaconix PLC said Tuesday its interim loss narrowed as revenue increased and costs fell. The chemicals firm said momentum is building towards profitability.For the six to

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30 Aug 2019 11:01

Itaconix Promotes Finance Director Denenr To Chief Financial Officer

(Alliance News) - Itaconix PLC said Friday it has promoted Finance & Operations Director Laura Denner to the post of chief financial officer, effective from Sunday.Michael Norris, who a

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30 Aug 2019 10:13

Laura Denner elevated to CFO position at Itaconix

(Sharecast News) - Speciality polymers company Itaconix announced the promotion of Laura Denner from group director of finance and operations to chief financial officer on Friday, with effect from 1 September.

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6 Aug 2019 17:25

Jupiter Asset Management Sells Entire 13% Itaconix Stake

(Alliance News) - Itaconix PLC on Tuesday said Jupiter Asset Management Ltd cut its stake in the polymers company down to nothing from 14%.Jupiter Asset Management's prior stake was but

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5 Aug 2019 17:37

DIRECTOR DEALINGS: Itaconix Directors Purchase Shares

(Alliance News) - Itaconix PLC said Monday that several directors in the company have purchased shares in the company, all for 1.1 pence per share, in deals on Friday last week.Chair James

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17 Jul 2019 12:43

Itaconix Interim Loss Narrows On Double Digit Revenue Growth

(Alliance News) - Polymer maker Itaconix PLC said Wednesday that it is on-track to meet market expectations for 2019 following a strong first half performance.For the six months to the end

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9 Jul 2019 18:29

Jupiter Asset Management Builds Holding In Itaconix And NetScientific

(Alliance News) - Itaconix PLC on Tuesday said Jupiter Asset Management Ltd now holds 14% stake in the chemicals company.Prior to this transaction on Monday, Jupiter's holding, if any,

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27 Jun 2019 11:56

Itaconix 2018 Loss Narrows After Restructuring, Positioned For Growth

(Alliance News) - Itaconix PLC on Thursday said lower costs helped deliver a narrowed loss in 2018, while higher demand for detergent and personal care products boosted revenue.The company

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29 May 2019 16:02

Itaconix offloads stake in Danish nicotine gum firm

(Sharecast News) - Sustainable specialty polymers company Itaconix announced the sale of its holdings in privately-held Danish nicotine gum company Alkalon on Wednesday.

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29 May 2019 11:38

Itaconix Sells Minority Stake In Danish Firm For GBP242,000

LONDON (Alliance News) - Chemicals firm Itaconix PLC on Wednesday said it divested its minority stake in Alkalon AS, a Danish nicotine gum company, for cash proceeds of 22.49% stake in Alkalon was

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