Company News
CareTech revenues grow following Cambian acquisition
Social care and education services business CareTech traded in line with expectations throughout the first half of the year, turning in a "substantial increase" in revenue and EBITDA driven by its acquisition of Cambian.
Mortgage market activity picks up, BoE figures show
Mortgage market activity picked up in March as households borrowed an extra £4. 1bn secured on property, Bank of England figures showed.
Lloyds could pay out £1bn after BoE eases capital buffer
The Bank of England has eased capital requirements for Lloyds Banking Group, raising the prospect of the bank returning £1bn to shareholders.
Castings cheers investors as it announces results will beat expectations
Shares in Castings jumped in morning trading on Wednesday, after the engineering firm said full-year results would beat expectations.
Bushveld Minerals to acquire South African vanadium assets
Vanadium producer Bushveld Minerals agreed to purchase multiple South African production assets from Duferco for an aggregate cash consideration of $68m.
Westminster Group gets into Francophone markets with Euro Ops acquisition
Managed services and technology-based security solutions provider Westminster Group announced the acquisition of the entire issued share capital of French aviation security and support services company Euro Ops on Wednesday, along with the business and assets of Euro Ops International.
Nichols Q1 revenue rises amid strong international performance
Soft drinks group Nichols reported a jump in first-quarter revenue on Wednesday amid strong growth in international sales.
Location Sciences shares surge as it expands 'Verify' platform
Shares in location verification services provider Location Sciences Group were well into the green on Wednesday morning, as its investors gathered for the company’s annual general meeting.
FDA asks Tiziana for more information on next 'foralumab' trial
Biotechnology company Tiziana Life Sciences updated the market in its ‘Investigational New Drug’ (IND) application to the US Food and Drug Administration (FDA) on Wednesday, to initiate a phase 1 clinical trial of enteric-coated capsules of its ‘foralumab’ product in healthy volunteers.
TP Group expands in space market through Sapienza acquisition
Specialist services and engineering company TP Group announced the acquisition of the entire issued share capital of Sapienza Consulting Holding on Wednesday, for an initial cash consideration of €10m and €1. 5m by way of the issue of 20,612,865 new ordinary shares.
Mpac pays £15m for Lambert Automation as it continues to trade well
Packaging company Mpac Group has acquired the entire issued share capital of Lambert Automation for an initial consideration of £15m cash, it announced on Wednesday, with further deferred and earn-out consideration possible in the future.
3i Infrastructure completes takeover of Dutch firm Joulz
3i Infrastructure has completed the acquisition of Joulz Diensten, it announced on Wednesday, following the receipt of third-party approvals.
Persimmon homes found with 'fire safety issues' - report
Houses developed by Persimmon have potentially dangerous fire safety issues, according to a BBC report on Wednesday.
Provident Financial hits out at NSF again over unanswered questions
Provident Financial hit out at Non-Standard Finance again on Wednesday, accusing the smaller rival of failing to respond to key questions about its £1. 3bn hostile offer for the FTSE 250 doorstep lender.
Sainsbury's Coupe says he will stay after Asda deal fails
Sainsbury’s boss Mike Coupe said he intended to stay in the job following his failed attempt to buy Asda as costs related to the deal contributed to a fall in annual profit.
Sirius Minerals raises $425m for polyhalite mine project
Sirius Minerals on Wednesday confirmed that it has successfully raised $425m to finance the next stage of development of its Woodsmith polyhalite mine in North Yorkshire.
GAN turns in positive EBITDA thanks to record Q1 revenues
Gambling software firm GAN reported record revenues and a return to positive EBITDA in the first quarter of its trading year, driven by higher -than-expected sports betting growth in New Jersey and some strong cross-selling.
Spirent grows both top and bottom line in 'solid' first quarter
Telecommunications testing outfit Spirent saw positive momentum from its last trading year carry over into the first quarter of 2019.
Agarwal clashes with Anglo American board over new director
Anglo American’s biggest shareholder Anil Agarwal has voted against a new Brazilian board member in a clash over strategy with the mining company’s board.
Circassia posts jump in Q1 sales ahead of Duaklir launch in second half
Circassia narrowed its full-year loss as the company prepares for the launch of Duaklir later in the year, which some analysts believed held the key to putting the company on a firm and sustainable footing going forward, .