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Friday 16 October, 2020

16-Oct-2020 07:49 AM

Jupiter Fund Management quarterly AuM boosted by Merian acquisition

Fund management company Jupiter Fund Management reported a rise in September quarter assets under management amid a boost from the acquisition of Merian. For the three months to 30 September 2020, assets under management stood at £55.7 billion,
16-Oct-2020 07:40 AM

Wetherspoon swings to loss; criticises government Covid-19 restrictions

Pub chain J.D. Wetherspoon swung to an annual loss and warned of an uncertain outlook for pubs amid what it claimed where 'ill-thought-out' government restrictions to curb the Covid-19 outbreak. For the year through 26 July, pre-tax losse
16-Oct-2020 07:24 AM

Renold profitable in second half even as sales drop 17%

Industrial chain manufacturer Renold said it remained profitable in the first half of its financial year, despite revenue dropping 17% to £82 million. 'Renold delivered a resilient performance in the first half despite its markets being signif
16-Oct-2020 07:22 AM

Man Group reports higher funds under management in Q3 amid 'robust' net inflows

Fund management group Man reported an uptick in third-quarter funds under management thanks to 'robust' net inflows. Funds under management stood at $113.1 billion at 30 September 2020, up from $108.3 billion seen in the June quarter. Net infl
16-Oct-2020 07:18 AM

Rio Tinto iron ore production edges lower; affirms full-year guidance

Mining company Rio Tinto reported a slight fall in third-quarter iron-ore production from Australia's Pilbara region on a year-on-year basis, as its operations returned to normal following disruptions caused by the Covid-19 pandemic. Pilbara iron or
16-Oct-2020 07:07 AM

Serco upgrades annual profit, revenue guidance

Security, health and transport services group Serco upgraded its annual revenue and profit guidance, citing strong third-quarter revenue growth and tight cost control. Underlying trading profit for the year through December was expected at between £

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