Ryanair Holdings (RYA) apologises after compensation cheques bounce. Airline says ‘small number’ of cheques issued over cancelled flights did not have signatures.
Avast Software (AVST) sales buoyed by data hacks in maiden results. Cyber security group says new laws and high profile breaches drive demand.
High street chains Ashley (Laura) Holding (ALY) and Debenhams (DEB) in battle for younger shoppers. Laura Ashley is set to open hotels and its stores will sell Nordic furniture. Debenhams is opening collection points for Asos and Amazon in stores.
Football Pools ‘not in DNA’ of Sportech as it focuses on US sports betting. Sportech (SPO) has pivoted towards the US recently, establishing a large presence in Connecticut in particular. The New England state is expected to legalise sports betting either later this year or early next year.
Asda workers fear Sainsbury (J) (SBRY) will hold all the power. Store managers can see the logic, but shopfloor staff worry about what they will stand to lose.
Intertek Group (ITRK) finance boss heads for the door. In an abrupt announcement, the FTSE 100 quality assurance company said that Edward Leigh, 47, had been succeeded by Ross McCluskey, 37, group financial controller.
Loss does not mean we’re sunk, says Paragon Entertainment Ltd (DI) (PEL). The company that designed and fitted out Titanic Belfast, the visitor attraction on the site of the former Harland & Wolff shipyard, is showing tentative signs of recovery after its profit warning in April.