Company News
Ryanair boss hits out at pilots in cancelled flights dispute
Michael O’Leary, the chief executive of Ryanair, has taken a tough line against the airline's pilots, saying they may have to see their annual leave cut by a week, and adding that they do not have a difficult job.
Capita dives despite making progress in first half, results 'difficult to read'
Capita reported a mixed set of results for the first six months of the year but said underlying profits would "rise modestly" in the second half compared to the first, though some investors and analysts found the numbers rather disappointing and difficult to decode.
Capita staff prepare for strikes over pensions
Alongside Capita's labyrinthine half-year results that left many investors cold and sent the shares down 11%, the company was also forced to prepare for industrial action after unions voted to strike.
IG Design Group swallows Aussie card firm Biscay
Designer and manufacturer of celebration, gifting, stationery and creative play products IG Design Group announced on Thursday that it has signed a contract to acquire the trade and certain assets of Biscay Greetings, which it described as a “leading” greetings card and paper products business based in Australia.
Friday preview: Importance of May's Brexit speech 'cannot be over-emphasised'
Theresa May's Big Brexit Speech in Florence may dominate the narrative on Friday, though for traders and investors there's PMI surveys and one from the CBI, with results from Sage and Smiths Group.
Engineering studies to enable Liberator field begin, i3 says
Independent oil and gas company i3 Energy announced on Thursday that detailed engineering studies to enable its 100% owned-and-operated Liberator field, to be tied into the existing Blake field 'host' infrastructure and produced through the Bleo Holm floating production storage and offloading vessel (FPSO) had commenced.
Driver Group expects better profits and lower debt
Driver Group said it expected underlying pre-tax profit will be ahead of its previous expectations as the construction and engineering services consultancy enjoyed a stronger trading performance during the second half of the year to September.
Manchester United posts record revenue as sponsorship rolls in
Manchester United saw record revenue in the financial year ended 30 June, according to latest quarterly results for the New York-listed football business.
Active Energy affiliate signs deal for eight CoalSwitch plants
Forestry management and biomass-based renewable energy business Active Energy announced on Thursday that its affiliate company Advanced Biomass Solutions had entered into an agreement with California-based Lumino Capital for the financing, development and operation of eight CoalSwitch Plants across South East Asia.
Amryt Pharma plans £13m placing
Amryt Pharma announced a proposed placing to raise €15m (£13. 3m) gross on Thursday, at a price of 20p per share from new and existing institutional and other investors.
First Property Group trading in line, investors told
First Property Group was continuing to trade “well” and in accordance with management expectations, investors in the property fund manager and investor were told on Thursday, as they gathered for its annual general meeting.
ImmuPharma makes solid progress with Lupuzor trial
Specialist drug discovery and development company ImmuPharma updated the market on its pivotal 52-week, randomised, double-blinded, Phase III clinical trial of Lupuzor on Thursday.
Johnson Matthey surges as it announces £200m investment in battery material technology
Shares in Johnson Matthey surged on Thursday as the specialty chemicals group confirmed its guidance for the year and announced a big investment in its battery material technology business.
Momentum continues across divisions at Park Group
Investors in Park Group were told of continuing momentum in the current financial year after a strong set of 2017 results on Thursday, at the company’s annual general meeting being held in Wirral.
Begbies Traynor makes further progress on strategy
Investors in business recovery, financial advisory and property services consultancy Begbies Traynor Group were told of “further progress” in the company’s development and broadening of its service offer on Thursday, as they gathered for its annual general meeting.
Brooks Macdonald offloads property management unit, reports solid results
Brooks Macdonald lifted revenues and profits by double digit rates and said it was selling off its Braemar Estates property management business.
Anglo American rallies as billionaire Agarwal moves to up his stake
Shares in Anglo American rallied on Thursday after Volcan Investments, the holding vehicle of Indian billionaire Anil Agarwal, announced its intention to up its stake in the company.
Clear Leisure reaches settlement with Mediapolis creditor
Clear Leisure issued a further update to its settlement negotiations with creditors of its Mediapolis subsidiary on Thursday, announcing it has now exchanged letters with an unnamed creditor to a settlement of a €4. 3m (£3. 8m) debt.
Drax CEO Dorothy Thompson to step down
Power generation company Drax announced on Thursday that chief executive Dorothy Thompson has decided to step down at the end of 2017 after 12 years in the role.
Safestyle interim profit drops amid challenging markets
Safestyle - whose shares slumped a couple of weeks ago on the back of a profit warning - reported a drop in first-half profit amid increasingly challenging markets.