FTSE 100

FTSE 100 Market news covers the latest developments for the FTSE 100 Index, which tracks the 100 most highly capitalised blue‑chip companies listed on the London Stock Exchange.

This category includes updates on company admissions and delistings, quarterly and annual results, mergers and acquisitions, board appointments and departures, regulatory news and policy changes.

Unilever expects 2019 underlying sales growth to be slightly below its guidance

Unilever (LON:ULVR) has today announced that it expects underlying sales growth for 2019 to be slightly below its guidance of the lower half of its 3-5% multi-year range. This is..

Intertek enters high-growth travel & tourism industry

Intertek Group (LON:ITRK), a Total Quality Assurance provider to industries worldwide, has today announced that it has acquired Check Safety First, a market leading global health, safety, quality and security..

Croda International appoint John Ramsay as a Non-Executive Director

Croda International (LON:CRDA) has today announced the appointment of John Ramsay as a Non-Executive Director with effect from 1 January 2020. John, a Chartered Accountant, served as Chief Financial Officer..

AstraZeneca completes agreement to divest its commercial rights to Seroquel

AstraZeneca (LON:AZN) has completed an agreement to divest its commercial rights to Seroquel and Seroquel XR in Europe and Russia to Cheplapharm Arzneimittel GmbH. Financial considerations Under the terms of..

Ocado Group Another strong quarter for customer orders

Ocado Retail Ltd, a joint venture between Ocado Group (LON:OCDO) and Marks & Spencer Group (LON:MKS), has announced its trading statement for the 13 weeks to 1 December 2019. Highlights..

WPP share repurchase agreement with Goldman Sachs

WPP (LON:WPP) has announced that it has entered into a non-discretionary agreement with Goldman Sachs International on 11 December 2019 in relation to the purchase by Goldman Sachs, acting as..

Rio Tinto acknowledges Takeovers Panel findings in relation to Energy Resources of Australia

Rio Tinto (LON:RIO) has acknowledged the findings of the Takeovers Panel in relation to Energy Resources of Australia Limited’s (ERA) renounceable entitlement offer to raise $324 million (A$476 million) for..

AstraZeneca Imfinzi approved in China for the treatment of NSCLC

AstraZeneca (LON:AZN) has today announced that it has received marketing authorisation from China’s National Medical Products Administration for Imfinzi for the treatment of patients with unresectable, Stage III non-small cell..

Polymetal International appoint two new Non-Executive Directors

Polymetal International (LON:POLY) has today announced that Italia Boninelli has been appointed as Independent Non-Executive Director with immediate effect and Victor Flores has been appointed as Independent Non-Executive Director effective..

Ashtead Group trades well with strong rental revenue growth

Ashtead Group (LON:AHT) has announced its unaudited results for the half-year and second quarter ended 31 October 2019. Half-year highlights ·       Revenue up 14%2; rental revenue up 13%2 ·       Operating profit of..

Rolls- Royce Non-Executive Director Bradley Singer steps down

Rolls-Royce Holdings (LON:RR) has announced that Bradley Singer, Non-Executive Director, has stepped down from the Board as of 9 December 2019. Bradley is a Partner and Chief Operating Officer of..

SSE announce CMA has cleared proposed sale of SSE Energy Services to OVO Group

SSE PLC (LON:SSE) has welcomed the Competition and Markets Authority’s decision to clear the proposed sale of SSE Energy Services, SSE’s household energy and services business in GB, to OVO..

Tesco start review of strategic options in Thailand and Malaysia

Tesco (LON:TSCO) has confirmed that, following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible..

National Grid submits final RIIO-2 business plans to Ofgem

National Grid (LON:NG) has submitted its final business plans to Ofgem for its UK Electricity and Gas Transmission businesses, as well as the Electricity System Operator, for the 2021-2026 RIIO-2..

Berkeley Group delivers more than 10% of London’s new private and affordable homes

Berkeley Group (LON:BKG) has announced its unaudited interim results for the six months ended 31 October 2019. Berkeley is the country’s leading place-maker, operating principally in London, Birmingham and the..

Associated British Foods AGM statement

Associated British Foods (LON:ABF) is holding its Annual General Meeting today. At the meeting the Chairman, Michael McLintock, will say: “At this early stage in our new financial year, I..

Phoenix Group announce proposed acquisition of ReAssure Group

Phoenix Group (LON:PHNX) has announced the proposed acquisition of ReAssure Group plc, a leading life insurance closed book consolidator in the United Kingdom. Acquisition Highlights ·    Confirms Phoenix as Europe’s largest..

Vodafone to replace standard sized SIM holder with a new half-sized format

Vodafone (LON:VOD) is replacing the standard credit card-sized SIM holder with a new half-sized format that reduces by 50% the amount of plastic used to produce SIMs as part of..

DS Smith continue to capitalise on strong long-term growth drivers

DS Smith (LON:SMDS) has announced its 2019/20 half year results. Highlights ·        Record Group profitability and return on sales despite economic headwinds o   Market share gains driven by multinational FMCG and e-commerce customers..

AstraZeneca Lynparza approved in China for BRCA-mutated advanced ovarian cancer

AstraZeneca (LON:AZN) and MSD Inc., Kenilworth, N.J., US (MSD: known as Merck & Co., Inc. inside the US and Canada) today announced that the companies have received marketing authorisation from..

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