Latest News
Ascent upbeat on progress as Lisbon Valley gas and helium investment
Ascent Resources updated the market on operations in its investment into GNG Partners, the owner of the 60 million standard cubic feet Lisbon Valley gas and helium processing plant in Utah, on Friday.
Jefferies upgrades GCP Infrastructure Investments to 'buy'
Infrastructure investment firm GCP was performing well on Friday after analysts at Jefferies upgraded their rating on the stock from 'hold' to 'buy' following the recent disposal of the Blackcraig Wind Farm.
FRC makes final decisions in KPMG's Carillion audit failures
The Financial Reporting Council (FRC) announced historic penalties against KPMG and two former partners on Friday, in its final decision round audit failures linked to the collapsed Carillion.
NextEnergy Solar extends £70m Santander credit facility
NextEnergy Solar Fund announced the extension of its existing £70m short-term revolving credit facility (RCF) with Santander on Friday.
Ultimate Products warns of continued trading weakness
Ultimate Products reported further weakness in third-quarter trading on Friday, as consumer demand reportedly remained weak.
88 Energy announces 2D seismic contract in Namibia
88 Energy announced the awarding of a contract for a 2D seismic acquisition programme for its PEL 93 licence in Namibia on Friday.
Asia report: Markets follow Wall Street higher
Hong Kong spearheaded a jump in Asia-Pacific stocks on Friday, riding the coattails of positive momentum from Wall Street.
Dekel reports solid year-to-date palm oil production
Dekel Agri-Vision reported a solid set of production numbers for April at its Ayenouan palm oil project in Côte d'Ivoire on Friday.
Celadon Pharmaceuticals raises £2.1m for working capital
Medical cannabis specialist Celadon Pharmaceuticals announced on Friday that it has raised £2. 1m to provide it with additional working capital.
TT Electronics reiterates FY outlook, YTD revenues down 2%
Electronic components TT Electronics reiterated its full-year outlook on Friday despite "continuing global macroeconomic uncertainty".
S4 Capital reports weaker first quarter, as expected
Digital advertising and marketing services company S4 Capital reported a decline in net revenue in its first quarter on Friday, which it put down to ongoing client caution and a decrease in activity within its technology services segment.
Mothercare shares slide as group enters refinancing negotiations
Retailer Mothercare shares nosedived in early trading as the group revealed it had entered refinancing negotiations as demand for its products continued to be subdued.
Cairn Homes maintains guidance as demand stays strong
Irish homebuilder Cairn Homes has reiterated its full-year guidance after a strong start to the year, saying demand for new homes remains "exceptionally high", as it reported a forward order book of more than €1bn.
C&C backs guidance as it delays FY results
Bulmers, Magners and Tennent’s owner C&C Group reaffirmed its annual guidance on Friday as it said full-year results will be delayed as additional time is needed to complete a review of certain non-cash accounting measurements relating to previous financial periods.
Europe open: Stoxx hits fresh highs as UK exits recession
European shares hit fresh record highs on Friday as news that the UK had officially exited recession in the first quarter boosted sentiment.
CRH revenues rise as strong NA growth offsets weakness in Europe
London-listed shares in CRH rose on Friday after the builders' merchant said it made a solid start to 2024 in the seasonally least significant quarter, with revenues rising on the back of positive pricing, early-season activity and favourable weather in key markets.
London open: FTSE gains as UK exits recession
London stocks rose in early trade on Friday as data revealed the UK is no longer in recession.
Bytes Technology appoints Sam Mudd as permanent CEO
Bytes Technology Group announced the appointment of Sam Mudd as its permanent chief executive officer on Friday, as it also welcomed two independent non-executive directors to its board.
TBC Bank in £22m share buyback as Q1 profits jump
Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22. 4m) share buyback.
UK no longer in recession as Q1 GDP grows 0.6%
The UK is no longer in recession, according to data released on Friday by the Office for National Statistics.