Latest News
Alternative Networks agrees sale to Daisy for £165.3m
Telecoms software group Alternative Networks has agreed to be bought by Daisy Intermediate Holdings for 335p per share in cash, or about £165. 3m.
Red Rock Resources to receive £658,350 from manganese investment
AIM-listed miner RedRock will receive a £0. 5m payout from a South African investment due to strong manganese prices, which if they continue are expected to lead to more of the same.
Safeland swings to H1 loss, cans interim dividend
Property trading and investment company Safeland has turned in a first-half pre-tax loss of £0. 4m, from a profit of £4. 3m a year ago. There was no interim dividend, from 1. 5p a share last year.
Kibo finalises collaboration with General Electric
Kibo Mining, a Tanzania-focused mineral exploration and development company, has entered into a collaboration agreement with General Electric International (GE) to help with the development of the Mbeya coal power project.
Instem's full year results to be behind expectations, shares plunge
Shares in Instem plunged on Monday after the healthcare computer services company warned full year results would be behind expectations as its clinical business had “further deteriorated” from the first half of the year.
Babcock recommended for French Air Force contract
France’s Direction Generale de l’Armement has recommended that Babcock International be awarded a contract to provide and maintain a training platform and related services to the French Air Force.
Personal Group inks three-year contract with Sage (UK) Ltd
Personal Group Holdings said it has signed a three-year agreement with Sage (UK) Ltd to launch Sage Employee Benefits, a new employee-engagement product designed for the SME market.
Eurasia Mining to de-risk platinum project
AIM-listed explorer Eurasia Mining has granted permission to Lemuria Royalties of Canada to conduct due diligence on its platinum mine in Russia in order to reduce risk on development of the project.
TBC Bank creates corporate and investment banking unit
TBC Bank, headquartered in Georgia, has announced the creation of a new corporate and investment banking business through the merger of two internal unit, two months after its acquisition of Bank Republic.
Obama may break convention and comment on Trump presidency
Barack Obama has suggested that he may weigh into debates on Donald Trump's presidency when the Republican moves into the Oval Office in 2017, potentially breaking with decades of presidential convention.
Savers' deposit protection to be lifted back to to £85,000
The banking regulator wants to lift the level of protection on savers' deposits to £85,000 from £75,000 in the event of a bank's collapse.
UK's Hammond reportedly to pledge £1.3bn on roads in autumn statement
UK Chancellor Philip Hammond is expected to announce an £1. 3bn of spending to improving Britain's roads when he delivers his first Autumn Statement on Wednesday.
Canaccord downgrades MITIE, slashes target price
Any major collapse in MITIE´s share price would provide a longer-term opportunity, but shorter-term there were various uncertainties which needed to be resolved, Cannacord Genuity said.
Blue Prism sees FY trading comfortably ahead of expectations
Blue Prism said it expects trading for the year ended 31 October to be comfortably ahead of its existing expectations.
US pre-open: Stocks seen touch higher as oil prices rally
US futures pointed to a marginally higher open on Wall Street, supported by rallying oil prices, as investors eyed a speech by Federal Reserve Vice Chairman Stanley Fischer.
UK's May U-turns on plans to have workers on boards
UK Prime Minister Theresa May on Monday backtracked on her pledge to have worker representatives on the boards of companies.
Thames Water appoints new CFO
Thames Water Utilities, has appointed SSE’s Brandon Rennet to take over from Stuart Siddal as Chief Financial Officer starting from March 2017.
Enquest delivers first oil at Scolty/Crathes, lowers guidance
Enquest, the oil and gas development and production company, achieved first oil from its Scolty/Crathes development, but maintenance at the Brent pipeline system was now expected to last longer and start later, resulting in lower average daily full-year production volumes.
Symantec to buy LifeLock for $24 per share
Symantec Corp has agreed to buy identity theft protection services company LifeLock for $24 per share or $2. 3bn in enterprise value.
SigmaRoc applies for Channel Islands approval for LafargeHolcim acquisition
Construction investor SigmaRoc has applied to the regulatory authority in the Channel Islands to complete the reverse acquisition of construction supplier Ronez from a subsidiary of LafargeHolcim.