De La Rue slumps after it warns profit hit by COVID-19 and supply chain woes
The results from the banknote printer's turnaround plan are set to be delayed by up to a year
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Scottish Mortgage unlikely to be fazed by the tech shake-out
The tech shake-out in the US should not overly alarm SMT shareholders. It is just short-term noise and its track record suggests it should continue to deliver.
InnovaDerma broker broadly positive on the progress being made
“Overall, the current year is expected to continue to benefit from the strategic and operational initiatives implemented by the new management, who continue to target a return to profitability in the current year,” said finnCap
InnovaDerma eyes return to profitability in 2002 as new strategy bears fruit
It has prioritised the Skinny Tan tanning line as part of its push
Dr Martens' biggest shareholder sells 6.5% stake; shares tumble
The private equity company now holds around a 36.4% stake in the bootmaker
InnovaDerma takes full ownership of Skinny Tan brand
"This resolves a legacy situation and further simplifies our company," said CEO Blake Hughes
Reckitt to sell E45 skincare brands to Karo Pharma in £200mln deal
“As we shift from a brand-led to a category-led growth strategy, we are focusing on high growth categories with brands we can stretch into new places and spaces to support our medium-term growth ambitions, including 4%-6% growth in Health,"
UK tanning is returning to pre-Covid levels says InnovaDerma PLC
"We progress through the pandemic in better shape than when we entered it," said chief executive Blake Hughes.
Symphony Environmental says new anti-bacterial glove kills Covid in minutes
“We are not currently aware of any competitor gloves offering this combination of speed and protection,” said Symphony.
In The Style out of favour as returns climb
Revenue increased by 39% to £29.8mln as 243,000 new customers signed up
Joules warns on profit as supply chain woes and labour shortages take their toll
“Global supply chain challenges are expected to remain during at least the second half of the group's financial year and there is increased consumer uncertainty as a result of the emergence of the Omicron coronavirus variant,” the lifestyle
Ocado and M&S to report on quarterly sales but will be eyeing Plan B and Plan C effects
Other updates on Tuesday include Joules Group, Watches of Switzerland, Chemring and RWS Holdings, as well as unemployment numbers from the ONS
British American Tobacco rhetoric surprises leading broker
Deutsche rates the shares a ‘buy’ up to £40, around 13% ahead of the market consensus
British American Tobacco: Who has the stomach for this bargain-bucket sin-stock?
Tobacco stocks split investor opinion, even when they're really 'cheap'.
Transatlantic Tuesday with British American Tobacco and US-focused Ashtead on the agenda
Some economic data in the form of UK retail sales and house price data fills out the day's agenda
InnovaDerma agrees joint venture plan for premature ejaculation brand
Non-executive director Mark Ward invested has bought a 55% stake in the venture for £275,000
Dr Martens 'de-rating' overdone, says influential UK investment bank
Barclays Capital has upgraded its stance on stock in the fashion boot and shoe maker
Symphony Environmental welcomes DEFRA decision on oxo-biodegradable plastic
The UK government department for Environment, Food and Rural Affairs as well as the Scottish government have opted to exclude oxo-biodegradable plastic from their "nuisance" lists
Diploma PLC reaffirms guidance as profits grow; market remains uncertain
The specialised products and services group expects 10% revenue growth in fiscal 2022
Symphony Environmental forms joint venture to expand in India
Symphony UK has awarded Symphony India an exclusive distribution agreement to market and sell Symphony's d2w and d2p masterbatches in India.