Latest News
Revenues narrow but earnings improve at SimiGon
Simulation solutions company SimiGon announced its interim results for the six months to 30 June on Monday, with net profit increasing by 5% to $0. 83m and profit before tax improving by 2% to $0. 81m.
NetDimensions narrows loss despite smaller revenue
Performance, knowledge and learning management systems provider NetDimensions announced its half year results to 30 June on Monday, with total revenue of $10. 5m narrowing slightly from the $10. 6m reported in the first half of 2015.
Argos Resources' loss narrows, awaits new Falkland drill schedule
AIM listed oil and gas explorer Argos Resources’ half year losses narrowed due to a delay in a drilling programme over its part-owned licence in the Falkland Island basin.
Director dealings: Polypipe chairman splashes out as shares drip lower
Polypipe chairman Ron Marsh has splashed out £209,138 a month after a the plastic pipe maker's record first-half results failed to inject much sustained momentum in the shares.
7digital pens deal to provide music to senior citizens
B2B digital music and radio services company 7digital announced on Monday that it has signed a contract with grandPad, a provider of technology solutions specifically designed for senior citizens.
Adgorithms battles online ad slump with Albert hopes still high
Adgorithms saw sales slump amid continued subdued conditions in the first half but it cut losses and has moved its senior team to New York as its looks to drive greater acceptance of its 'Albert' online advertising campaign management software.
US homebuilder confidence hits 11-month high in September
Sentiment among US homebuilders in September improved to its highest level since October last year.
FTSE 250 movers: Miners soar while Mitie sinks
The FTSE 250 was just above the line on Monday afternoon, as mining shares rallied on an increase in metal prices.
Tuesday preview: Kingfisher reports first half results amid turnaround
B&Q and Screwfix owner Kingfisher is expected to reveal that its turnaround plan is working when it reports its first half results on Tuesday.
Rex Bionics CFO to retire in March next year
The chief financial officer of AIM-listed Rex Bionics, Peter Worrall, plans to retire and step down at the end of March next year.
Results round-up
Titanium and ilmenite explorer FinnAust Mining’s full year pre-tax loss widened due to the cost of recent acquisitions, with management adding it was wary of the impact the Brexit vote would have on future trading and performance.
FTSE 100 movers: Miners rally but pharmas slip
London's FTSE 100 was up 1. 2% to 6,793. 45 in afternoon trade.
BoE term funding scheme unlikely to stoke wave of lending, S&P says
The Bank of England´s new financing facility for banks would mitigate some of the negative impact from low interest rates, helping to prop up bank profitability, but it would not be a 'game-changer', especially for the largest lenders, Standard&Poor´s judged.
Mitie plummets on profit warning as clients delay spending
Outsourcer Mitie Group warned that full year profits would be materially lower than expected due to a drop-off in higher margin contracts in the first-half and the cost of new efficiency programmes.
Paragon Entertainment promotes its COO to CEO
Paragon Entertainment, an AIM listed attractions design, production and fit-out business, has appointed its chief operating officer (COO) to the role of Chief Executive Officer (CEO).
Avarae Global Coins' revenue rises as it intends to de-list from AIM
Avarae Global Coins, a company dedicated to purchasing, holding and selling rare and high quality coins, continued to trade in line with expectations as full-year revenue increased, while it intends to de-list from AIM.
Credit Suisse starts Petrofac and Wood Group at outperform
Markets were already looking ahead to European oilfield services companies emerging fitter and leaner from the worst downturn in exploration and production in over a generation, analysts at Credit Suisse said.
McDonald's could face $500m tax recall from Brussels
The European Union is preparing to crack down on another US corporation's taxes as fast food chain McDonald's could be forced to backpay $500m to Luxembourg.
Infoblox surges on Vista Equity Partners deal
Infoblox shares surged on Monday after the US network control company agreed to be acquired by Vista Equity Partners for around $1. 6bn.
UK cinemas enjoy box office boost in August
UK cinemas enjoyed their busiest August for five years, according to data out on Monday.