Company News
Card Factory lifts full-year outlook again
Card Factory lifted its full-year outlook again on Monday, as it delayed the release of its results.
Tuesday preview: US house prices, Whitbread in the spotlight
Investors' attention on Tuesday would be on the US housing sector.
Trillium offers to buy Getty Images in $3.95bn deal
Activist investor Trillium Capital has offered to buy Getty Images in a $3. 95bn deal.
Disney reportedly starting second wave of job cuts
Walt Disney Co is reportedly set to start a second wave of layoffs on Monday as part of its plan to slash 7,000 jobs to save $5. 5bn.
Citi resumes coverage of Melrose with a 'buy'
Citi has resumed coverage of Melrose Industries with a ‘buy’ rating, in a note published on Monday.
Coca-Cola fizzes past estimates as price hikes boost Q1
Famous fizzy-drinks maker Coca-Cola Co beat first-quarter profit and revenue forecasts driven by high demand and price rises.
Folding bike maker Brompton in talks over £20m stake sale - report
Folding bike maker Brompton Bicycle is reportedly in talks to sell a £20m stake months after disclosing a sharp fall in profits.
Prezzo to shutter 46 loss-making sites
Restaurant operator Prezzo will shutter 46 loss-making locations as the group continues to battle rising energy and food costs.
Spectra CFO heads for exit after annual report
Banknote authentication and security specialist Spectra Systems announced on Monday that its chief financial officer Colleen Hamill had resigned.
Smoove confirms takeover talks, shares soar
Smoove confirmed it was in takeover discussions on Monday, sending shares in the property portal soaring.
Checkit losses widen despite recurring revenue growth
Deskless working operations specialist Checkit reported a 28% rise in annual recurring revenue (ARR) in its preliminary results on Monday, to £11. 5m.
Europa Oil swings to loss after first-half revenue record
Europa Oil & Gas reported its highest-ever interim revenues in its half-year results on Monday, alongside record operational figures.
TomCo draws down first tranche of its new £1m facility
TomCo Energy announced on Monday that it was drawing down the initial £0. 25m tranche of its £1m convertible loan facility, which it announced on 30 March.
Tesla investors criticise "overcommitted" Musk
Shares in electric car firm Tesla Motors came under further pressure on Monday after a group of investors called on the board to rein in controversial chief executive Elon Musk.
Christie Group posts solid set of full-year numbers
Professional and inventory systems and services provider Christie Group reported strong revenue growth of 13% in its final results on Monday, to £69. 2m.
Keystone confident after strong set of final results
Challenger law firm Keystone reported revenue growth of 8. 1% to £75. 3m in its final results on Monday, up from £69. 6m in the prior year.
Frenkel Topping trading as expected after strong year
Professional and financial services firm Frenkel Topping reported a strong performance in its 2022 results on Monday, as well as encouraging growth in line with expectations at the start of the 2023 financial year.
FCA moves to halt money laundering via Post Offices
A series of measures are being introduced to crack down on money laundering through Post Offices, it was announced on Monday.
Horizonte's Araguaia remains on-budget and on-schedule
Horizonte Minerals said on Monday that the construction of the Araguaia Nickel Project remained on-budget and on-schedule.
Jubilee Metals maintains guidance after solid March quarter
Africa-focussed Jubilee Metals Group said in an update on Monday that it sold 11,437 platinum group metals (PGM) ounces in the March quarter.