Edition:
United States

Karina Dsouza

British builder Kier Group raises 2018 debt estimate, shares slide

Mar 11 2019

Shares in Kier Group fell more than 16 percent on Monday after the British builder disclosed an accounting error that pushed up its debt for 2018, months after many shareholders refused to buy into a new issue of stock.

UPDATE 2-British builder Kier Group raises 2018 debt estimate, shares slide

Mar 11 2019

* Expects to return to a net cash position by end of June (Updates share movement, executive comments)

Hotel group Millennium & Copthorne sees Brexit-led hiring crunch

Feb 15 2019

Britain's impending exit from the European Union is making it hard to hire workers from the bloc who are at the centre of London's hotel business, operator Millennium & Copthorne Hotels said on Friday.

Investor Cat Rock points way toward Just Eat merger with Takeaway.com

Feb 11 2019

An activist investor urged online food delivery firm Just Eat to pursue merger talks with a peer such as Takeaway.com , saying on Monday it did not trust the board to get the appointment of a new CEO right.

Domino's says overseas ops to slice into profit, shares dive

Jan 29 2019

Domino's Pizza on Tuesday warned a slowdown in overseas markets would dent its 2018 underlying pre-tax profit, sending shares in Britain's biggest pizza delivery firm down more than 10 percent, on course for their worst day in two years.

REFILE-UPDATE 2-Semiconductor company IQE lowers earnings forecast as sector weakens

Jan 25 2019

Jan 25 Britain's IQE joined several other semiconductor companies in issuing a bleak earnings forecast, highlighting broader technology sector weakness as China's economy slows.

Semiconductor company IQE lowers earnings forecast as sector weakness

Jan 25 2019

Britain's IQE joined several other semiconductor companies in issuing a bleak earnings forecast, highlighting broader technology sector weakness as China's economy slows.

Fevertree's shares get tonic from soaring revenue expectations

Jan 24 2019

Fast-growing Fevertree Drinks expects to report an almost 40 percent jump in annual revenue on strong demand for its flavoured tonic water and premium mixers, it said on Thursday, lifting its shares by more than 15 percent.

UPDATE 3-Fevertree's shares get tonic from soaring revenue expectations

Jan 24 2019

* Expects estimate-beating revenue (Adds market share, context)

Gin, coffee sales give Wetherspoon Christmas cheer

Jan 24 2019

British pub operator JD Wetherspoon Plc said it enjoyed strong sales over the Christmas period, helped by Britons' new-found fondness for gin and solid demand for coffee drinks.

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