Latest News
RedstoneConnect wins £12m contract extension with financial institution
RedstoneConnect, a provider of technology and services for smart buildings and commercial spaces, said its smart infrastructure business, Redstone, had been awarded a five-year managed services contract with an unnamed client valued at £12m.
Results round-up
Intertek reported a jump in first-half profit as revenue grew strongly and said the UK’s decision to leave the European Union was unlikely to affect the company’s growth opportunities.
Director dealings: Altitude CEO tops up as shares regain heights
IT and technology service provider Altitude Group's chief executive and chairman have bought shares in the company as a recent restructuring helped boost the stock back to levels not seen since early last year.
Nighthawk agrees refinancing; amends CBA arrangement
Nighthawk Energy, the US focused oil development and production company said it has entered into a new $3m second lien note financing with certain shareholders of the company.
Gemfields' ruby production to exceed expectations
Coloured gemstone miner Gemfields said production from its ruby mine would exceed expectations.
US ISM manufacturing index slips more than expected in July
Growth in the US economy’s manufacturing sector slipped more than expected in July, according to the US Institute for Supply Management (ISM).
US construction spending unexpectedly declines in June
US construction spending unexpectedly declined in June, according to data released on Monday by the Commerce Department.
US open: Stocks mixed after manufacturing PMIs
US stocks were mixed on Monday as traders weighed manufacturing data and as expectations of the next interest rate hike by the Federal Reserve faded.
Markit's US manufacturing PMI ticks up in July
Markit’s final US manufacturing purchasing managers’ index rose to 52. 9 in July from 51. 3 the month before, in line with the flash reading.
DJI placing shares admitted to trading
Online bookings, mobile payments and lottery sales technology provider DJI Holdings announced on Monday that, further to the announcement it made on 19 July, admission of the placing shares commenced at 0800 BST.
FTSE 250 movers: Senior soars; Keller keels over
Shares in aerospace engineering firm Senior led the FTSE 250 risers despite reporting tough interims on Monday.
Loews posts unexpected loss on asset writedowns on eight rigs
Loews missed analyst estimates for its second quarter earnings as the conglomerate´s contract driller company Diamond Offshore booked impairment charges on the value of eight rigs.
Verizon to clinch deal to acquire Fleetmatics for $2.4bn
US telecommunications giant Verizon is spreading its wings once again as it plans to acquire Dublin-based telematics company Fleetmatics in a deal believed to be valued at around $2. 4bn.
Red24 confirms takeover talks with iJet
AIM-listed risk management company Red24 confirmed it was in discussions on a possible takeover by market peer iJet International as its shares sharply jumped on Monday.
Lonmin shares slide on production update
Platinum producer Lonmin announced its production results for the quarter ended 30 June on Monday, and provided a business update.
FTSE 100 movers: House builders PMI woes; Anglo American broker boost
Housebuilders dominated the FTSE 100 fallers on Monday after data showed the UK manufacturing sector contracted more than expected in July on the back of pre- and post-EU referendum uncertainty.
Avacta revenue in line with forecasts, but losses mount
Life sciences company Avacta said on Monday that revenue for the year to the end of July grew by around 19% but losses nearly doubled due to a change in accounting policy.
Northbridge sees no upturn from oil clients in second half
Northbridge Industrial Services admitted trading conditions in its client markets had “worsened slightly” during the second quarter but that the recent collapse of sterling would enable a sizeable reduction in its debts.
James Fisher buys Singapore dive specialist for up to £15m
James Fisher said it had bought Singapore-based diving equipment specialist Lexmar Engineering for up to £15m.
Shire gains US approval for Baxalta's improved Baxject haemophilia system
Shire has received US regulatory approval for an improved haemophilia-A treatment developed by recently acquired Baxalta.