Company News
TalkTalk named worst provider for customer service for third year running
TalkTalk has come bottom of an Ofcom survey of customer service among broadband providers for the third year running.
BP posts better-than-expected profits and cash flow, output higher
Oil major BP posted better-than-expected first quarter profits and cash flows for the first three months of 2019, together with higher output.
Wednesday preview: US FOMC, Persimmon in the spotlight
Barring surprises, investors' attention will be squarely on the US central bank, with markets looking for clues as to whether rate-setters on the Potomac are buying into current market pricing for a possible rate cut towards year end 2019 or not.
Commodities: Gains for energy and metals offsets weakness in grains and cocoa
Strength in energy and metals offset widespread weakness in the soft commodities space on Tuesday despite soft readings on various key surveys linked to the Chinese economy.
ITM Power skyrockets as 'zero emissions' target could boost hydrogen fuel
Shares of ITM Power jumped as anti greenhouse emissions talks consider hydrogen fuel as possible replacement for fossil fuels.
Crimson Tide reports sharp fall in full-year profits before tax
British software provider Crimson Tide reported a sharp drop in full-year profits.
Berkshire Hathaway to invest $10bn in Occidental Petroleum if Anadarko deal gets done
Occidental Petroleum said on Tuesday that Warren Buffett's Berkshire Hathaway has committed to invest $10bn in the company contingent on it completing its proposed acquisition of Anadarko Petroleum.
Nostrum Oil & Gas sees results from Chinarevskoye Well 42 at the end of May
Nostrum Oil & Gas continued to run down its cash on hand during the first quarter even as its output continued to outpace the run rate predicted by management for the full-year.
Admiral to buy Spanish digital insurance broker Acierto
Admiral has agreed to buy Spanish digital insurance broker Acierto in partnership with private equity investor Oakley Capital.
Breedon makes good progress in 'encouraging' first quarter
Construction materials outfit Breedon told investors at its annual general meeting on Tuesday that trading in the first quarter had been "encouraging", with good progress made across the group as a whole.
Imperial Brands to sell premium cigar business
Imperial Brands confirmed on Tuesday that it plans to sell its worldwide premium cigar business as part of the divestment programme that was announced in May last year.
Proton Power surges on joint agreement
Shares in Proton Power Systems surged more than 30% on Tuesday after the fuel cell specialist announced a joint agreement with Dutch engineer MTSA Technopower.
Aura Energy takes 'definitive steps' towards production at Tiris
Exploration and development outfit Aura Energy told investors it had taken several "definitive steps" towards realising production at its Tiris uranium project.
Xeros expects to raise more funds despite reduced losses
Xeros Technology said it expected to raise more funds from shareholders in 2019 even as the water-reduction tech company reported a reduced annual loss.
Santander profits drop 10% on restructuring costs, Argentina inflation
Banco Santander posted a 10. 4% drop in first-quarter net profit on Tuesday as it took a hit from restructuring costs in the UK and Poland and high inflation in Argentina.
Vodafone discovered vulnerabilities in Huawei-supplied equipment
Vodafone discovered security vulnerabilities in equipment supplied by Huawei to its Italian business, it emerged on Tuesday.
Greene King sinks as momentum worries outweigh sales strength
Greene King on Tuesday said that annual sales from its pubs beat market expectations following growth from drinks led local pubs, though its shares dropped amid analyst concern over slowing momentum.
CMA says it might OK Rentokil's remedies for Mitie Pest Control deal
The Competition and Markets Authority has said it might accept the remedies put forward by Rentokil Initial to address the watchdog's competition concerns over its acquisition of Mitie Pest Control.
Angus Energy raises £3m through share placing
Angus Energy has raised more than £3m though a share placing, as part of plans to acquire a 51% interest in an onshore gas field.
Whitbread warns on weaker hotel demand as profit edges up
Whitbread warned that political and economic uncertainty had reduced demand for its hotels in the UK even as cost control helped its annual profits.