Smiths Group: Shares jumps as demerger on track May 20, 2025 British engineering firm Smiths Group posted a boost to revenue in the third quarter as it progressed on demerger plans. The group’s revenue jumped 10.6 per cent on the back of “strong performance and momentum in the order book”. Shares in the group rose over two per cent to 2,100p during early trading on Tuesday. [...]
CFO retirements hit six year high amid increasing regulatory burdens March 31, 2025 Over 15 per cent of chief financial officers (CFOs) left their roles at listed companies over the last year due to heightened regulatory requirements. CFO departures reached their highest rate in six years for the UK and US, according to research from Russell Reynolds Associates. This has caused the average tenure of the executive members [...]
Blackrock trusts agree peace deal with Saba Capital January 22, 2025 A host of Blackrock-run investment trusts have made a peace deal with US hedge fund Saba Capital, amid its activist campaign to take over the boards of several UK trusts. In a series of stock exchange announcements, the Blackrock trusts said that they had made an agreement with Saba to be left alone by the [...]
Yougov boss facing call to resign from activist investor Gatemore January 14, 2025 Yougov is facing calls to sack its boss and kick off an “urgent strategic review” from an activist investor today after a dramatic fall in its share price over the past year. Gatemore Capital Management, an activist investment firm which owns around 1.3 per cent of Yougov, wrote to the company’s board demanding that boss [...]
Rio Tinto faces renewed calls to abandon primary London listing December 4, 2024 In a letter to the board, reported by the Financial Times, Palliser Capital said Rio Tinto's dual listing in London and Sydney had been an "unmitigated failure".
Etoro: ‘We could still float in London but things need to change’ December 3, 2024 The UK boss of trading platform Etoro has opened up about what the London Stock Exchange has to do to win its backing.
Activist investors call for shake-up at Rentokil after share price tumble September 15, 2024 Nelson Peltz’s activist hedge fund Trian Partners is among the shareholders reportedly calling for a shake-up at pest control firm Rentokil after a severe drop in its share price. Trian Partners, which has built a fearsome reputation for waging activist campaigns on global boardrooms, has held urgent meetings with Rentokil’s chief executive and chairman to [...]