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CVS Group PLC gallops after revenue, profit upgrade

Card Factory moves higher after physical stores do better than expected A look at Friday s major share movers on the London Stock Exchange Card Factory PLC (LON:CARD) added 7% to 84.3p before close after announcing that performance following the reopening of stores in England and Wales has topped expectations. Sites in Scotland will resume trading on 26 April while those in Northern Ireland have reopened today. The greeting cards retailer has also headline terms for refinancing with its banks, with more details to be released soon. The banks also extended waivers in respect of anticipated covenant breaches to 31 May 2021, taking account of the company s cash flow projections.

Driver Group plc slips after competitor poaches senior staff

Driver Group plc slips after competitor poaches senior staff
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Market Report: FTSE gains with all eyes on impropriety claims at Number 10 by Dominic Cummings

Market Report: FTSE gains with all eyes on impropriety claims at Number 10 by Dominic Cummings FTSE 100 swing in to the green after an early wobble as former Downing Street insider Dominic Cummings is expected to challenge Boris Johnson over his handling of the pandemic. London’s leading index rose 9 points to 6,948 in early trading. On Friday, the Court of Appeal overturned criminal convictions for Post Office workers accused of theft because of a faulty IT system when she was in charge. Darktrace is adopting a cautious approach with its IPO to avoid a flop similar to Deliveroo PLC (LON:ROO). The loss-making cybersecurity company is cutting its value to up to £2.7bn, though it was previously eyeing a £3.6bn float.

IMI PLC raises earnings and margins guidance

IMI PLC raises earnings and margins guidance
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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