Company News
Tuesday preview: Alphabet, BP and US-China trade in focus
The focus at the end of the month will be on the start of the next round of US-China trade talks in Beijing, with investors looking for signs that a deal remains on track, or otherwise.
SimiGon revenue increase dampened by order book reduction
SimiGon on Monday posted a double-digit increase in annual revenue, though the company saw $6m wiped off of its backlog order book due to a dispute with a customer.
Thomas Cook reveals negative Brexit impact on EU holiday plans
Thomas Cook revealed on Monday that nearly half of the holiday packages sold for this summer are to non-European Union countries as the uncertainty around Brexit leads Britons to change their travel plans.
Young & Co's appoints former SABMiller exec as new CFO
Young & Co's Brewery has appointed former SABMiller executive Mike Owen as its new chief financial officer.
Allianz said to near deal to buy L&G's home insurance business
Allianz is reportedly in advanced talks to buy Legal & General's home insurance business.
Mirada's revenue trounces expectations as Mexican project drives growth
Digital TV software solutions provider Mirada on Monday reported that annual revenues are expected to beat its expectations, aiding a swing back to positive earnings.
Anadarko to resume negotiations with Occidental Petroleum
Anadarko Petroleum will resume negotiations with Occidental Petroleum after it trumped Chevron's $65 a share offer for the US oil and gas exploration and production company with a $76 a share proposal.
UBS ups IAG to 'buy', says share price pressure overdone
UBS bumped up its rating on shares of British Airways and Iberia parent International Consolidated Airlines Group to 'buy' from 'neutral' on Monday as it argued that share price pressure is now overdone.
Buy Aviva on strengthening balance sheet, Jefferies says
Investors should buy shares in Aviva to benefit from the insurer’s strengthening balance sheet, Jefferies analysts said.
Unilever to buy back up to €165m of shares to pay awards
Unilever said it would spend up to €165m (£142m) buying back shares to make awards under its management co-investment plan.
Nasstar revenue growth boosts company's full-year EBITDA
Managed IT outfit Nasstar saw revenues move ahead in its last trading year, leading to higher EBITDA.
John Menzies secures contract wins and renewals at four UK airports
Aviation services business John Menzies said on Monday that it has secured contract wins and renewals at four UK airports.
Warren Buffett says he's ready to invest in the UK
Warren Buffett is prepared to invest in Britain immediately if the right opportunity arises.
Proactis earnings slip despite revenue growth
Procurement software outfit Proactis saw earnings slip despite reporting improved revenues for the first half of its trading year.
Randall & Quilter posts profit rise, hails positive start to 2019
Randall & Quilter posted a rise in 2018 pre-tax profit on Monday as it hailed a positive start to the current year.
Nexus Infrastructure shares tumble amidst uncertain political backdrop
Essential infrastructure provider Nexus saw revenues move ahead in the first half of its trading year but warned of margin pressures as a result of Brexit concerns.
Trakm8's full-year revenues fall in line with expectations
Telematics outfit Trakm8's full-year revenues came in at the lower end of the range that management had guided towards but managed to turn a profit in the second half.
Occupancy growth boosts Lok'n Store's revenue
Lok'n Store Group on Monday reported double-digit interim profit and revenue growth following growth to unit occupancy.
Polarean names Charles Osborne as new CFO
Clinical stage medical-imaging technology outfit Polarean tapped former Innocrin Pharmaceuticals finance boss Charles Osborne Jr to take over as its chief financial officer on Monday.
Marlowe's revenues propelled by eight acquisitions
Marlowe on Monday reported "good progress" as it said its annual profits and revenues had both enjoyed significant growth in a year in which the business completed eight acquisitions.