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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.----------

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7 Mar 2023 09:30

LONDON BROKER RATINGS: Davy ups Purplebricks; JPMorgan cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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3 Mar 2023 20:28

IN BRIEF: Purplebricks launches sale process as part of review

Purplebricks Group PLC - Solihull, England-based online estate agent - On Wednesday, launches formal sale process as part of its strategic review, announced in February. Says the process seeks to "fully explore the option of the potential sale of the group, and to enable that process to establish whether there is a bidder prepared to offer a value that the board considers attractive." Notes that the launch follows "several credible expressions of interest " that it has received, while it also looks to engage with other parties that could be interested in the sale.

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1 Mar 2023 07:14

Purplebricks launches formal sale process

(Sharecast News) - Online estate agency Purplebricks said on Wednesday that it was launching a formal sale process after receiving several approaches for the business.

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17 Feb 2023 12:07

LONDON MARKET MIDDAY: Stocks red, pound fall amid rate rise fears

(Alliance News) - Stock prices in London were lower at midday on Friday, amid renewed rate rise fears and a poor share price performance from bank NatWest.

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17 Feb 2023 11:07

Purplebricks turnaround plan incurs costs; target positive cash

(Alliance News) - Purplebricks Group PLC on Friday said its turnaround plan continues at pace, with positive cash generation expected in financial 2024, in spite of short term costs.

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17 Feb 2023 10:30

AIM WINNERS & LOSERS: Purplebricks drops as turnaround plan continues

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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17 Feb 2023 07:57

Purplebricks considers putting itself up for sale, cuts guidance

(Sharecast News) - Purplebricks downgraded its full-year expectations on Friday as it pointed to disruption from its new go-to-market strategy, and said it was considering putting itself up for sale.

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19 Dec 2022 14:02

IN BRIEF: Purplebricks shareholders back chair in requisitioned vote

Purplebricks Group PLC - Solihull, England-based online estate agent - Votes against Lecram Holdings Ltd's resolutions to remove Paul Pindar as chair and appoint Harry Hill to the board of directors. Shareholders vote 72% against removing Pindar as chair, compared to 28% for removing him. Shareholders vote 58% against appointing Hill as a company director, compared to 42% for appointing him. Directors recognise that, while both resolutions were rejected, a significant proportion voted in favour of them. Says will continue to engage with shareholders to ensure full alignment on strategy, objectives and delivery.

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12 Dec 2022 15:43

UK shareholder meetings calendar - next 7 days

Tuesday 13 December 
Amedeo Air Four Plus LtdAGM
Avation PLCAGM
Blancco Technology Group PLCAGM
JD Sports Fashion PLCGM re remuneration policy
Macau Property Opportunities Fund LtdAGM
Softcat PLCAGM
Spectris PLCGM re remuneration policy
Wednesday 14 December 
Fidelity Special Values PLCAGM
Kistos PLCGM re new non-operational entity
Parsley Box Group PLCGM re proposal to become a private limited company
TP Group PLCGM re cash acquisition
Volution Group PLCAGM
Westpac Banking CorpAGM
Thursday 15 December 
Aeorema Communications PLCAGM
Argos Resources LtdAGM
Baillie Gifford Japan Trust PLCAGM
Capricorn Energy PLCGM re proposed share premium account cancellation
Chelverton Growth Trust PLCAGM
CQS Natural Resources Growth & Income PLCAGM
DX Group PLCAGM
DXS International PLCAGM
Glenveagh Properties PLCEGM
Secured Income Fund PLCGM re proposed reduction of capital
Schroder Income Growth Fund PLCAGM
Friday 16 December 
Bellway PLCAGM
Inchcape PLCGM re Derco acquisition
JPMorgan Global Growth & Income PLCGM re proposed combination with JPMorgan Elect PLC
National Australia Bank LtdAGM
Sareum Holdings PLCAGM
Thor Explorations LtdAGM
UP Global Sourcing Holdings PLCAGM
Monday 19 December 
Abingdon Health PLCAGM
Brand Architekts Group PLCAGM
China Nonferrous Gold LtdAGM
DeepMatter Group PLCGM re ordinary shares cancellation
Mila Resources PLCAGM
Purplebricks Group PLCGM re chairman replaced by Harry Hill
Renalytix PLCAGM
RTW Venture Fund LtdEGM
Star Phoenix Group LtdGM re resolution to approve change of auditor
Technology Minerals PLCAGM
Visum Technologies PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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9 Dec 2022 10:02

LONDON BROKER RATINGS: JPMorgan cuts Assura; BofA cuts Synthomer

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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8 Dec 2022 13:59

Purplebricks reports wider loss as looks to cost cuts to preserve cash

(Alliance News) - Purplebricks Group PLC on Thursday said its loss widened in the first half of financial year 2023, as the company aims for positive cash generation in financial 2024.

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8 Dec 2022 07:52

Purplebricks on track for FY even as first-half losses widen

(Sharecast News) - Online estate agency Purplebricks reported a widening of its first-half losses on Thursday but said it was on track to meet full-year expectations as its turnaround plan was being delivered "at pace".

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1 Dec 2022 15:45

UK earnings, trading statements calendar - next 7 days

Friday 2 December 
Industrials REIT LtdHalf Year Results
Mind Gym PLCHalf Year Results
Premier Miton Group PLCFull Year Results
Monday 5 December 
Fusion Antibodies PLCHalf Year Results
Induction Healthcare Group PLCHalf Year Results
Tharisa PLCFull Year Results
Tuesday 6 December 
Ashtead Group PLCHalf Year Results
Civitas Social Housing PLCHalf Year Results
Ferguson PLCQ1 Results
Gooch & Housego PLCFull Year Results
Iomart Group PLCHalf Year Results
Mercia Asset Management PLCHalf Year Results
Oxford Metrics PLCFull Year Results
Paragon Banking Group PLCFull Year Results
Schroder European Real Estate Investment Trust PLCFull Year Results
SSP Group PLCFull Year Results
Tritax EuroBox PLCHalf Year Results
Vianet Group PLCHalf Year Results
Victorian Plumbing Group PLCFull Year Results
Victrex PLCFull Year Results
Wednesday 7 December 
Baltic Classifieds Group PLCHalf Year Results
Finsbury Growth & Income Trust PLCFull Year Results
Ixico PLCFull Year Results
Mitchells & Butlers PLCFull Year Results
Moonpig Group PLCHalf Year Results
Monks Investment Trust PLCHalf Year Results
Naked Wines PLCHalf Year Results
Quiz PLCHalf Year Results
Redde Northgate PLCHalf Year Results
SDI Group PLCHalf Year Results
Thursday 8 December 
Balfour Beatty PLCTrading Statement
British American Tobacco PLCTrading Statement
DS Smith PLCHalf Year Results
DWF Group PLCHalf Year Results
Focusrite PLCFull Year Results
Frasers Group PLCHalf Year Results
Hipgnosis Songs Fund LtdHalf Year Results
On The Beach Group PLCFull Year Results
Purplebricks Group PLCHalf Year Results
Redcentric PLCHalf Year Results
S&U PLCTrading Statement
SDCL Energy Efficiency Income Trust PLCHalf Year Results
Seraphine Group PLCHalf Year Results
Tern PLCQ3 Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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9 Nov 2022 13:29

Purplebricks investor calls for shareholder meeting to replace chair

(Alliance News) - Purplebricks Group PLC on Wednesday said it has received a letter from a shareholder requesting a general meeting to vote on replacing its chair, but the online estate agent said the board and its major investors support the incumbent.

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28 Oct 2022 14:36

TRADING UPDATES: DeepVerge fundraises; Tintra narrows interim loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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