Company News
Clarksons hails 'positive' start to year as broking division shines
Shipping services firm Clarksons backed its full-year outlook on Thursday as it hailed a "positive" start to the year, with the broking division still the main driver of revenue and profit.
Gamma reportedly courting ex-Softcat boss as its next chair
London-based telecommunications company Gamma Communications is reportedly in advanced talks with ex-Softcat chief executive officer Martin Hellawell, it emerged on Thursday, to take up the role of chairman.
FirstGroup shares slump as TransPennine service nationalised
Shares in FirstGroup slumped on Thursday after the UK government nationalised its TransPennine Express (TPE) service in response to months of cancellations and woeful service.
SoftBank hit by record losses
Japan’s SoftBank Group reported a record loss on Thursday, after its tech-heavy funds underperformed.
Director dealings: Vietnam Enterprise non-exec invests, LSEG director's firm sells down
Among the big director purchases disclosed on Thursday was a pair of transactions worth more than £0. 27m made by a board member at Vietnam Enterprise Investments.
Uniphar maintains expectations amid strong trading
Uniphar reported strong performance over the last year in an update on Thursday, reporting further progress towards its financial and strategic objectives.
Heathrow warns passenger numbers may be 'levelling off'
Heathrow Airport on Thursday warned passengers numbers may be levelling off, as the rebound from Covid travel restrictions stalls.
Ilika makes first shipments of Stereax M300 batteries
Solid-state battery technology developer Ilika announced the successful shipment of its stacked ‘Stereax M300’ batteries to its first customers on Thursday.
Keywords Studios acquires Seattle-based Hardsuit
Video game services provider Keywords Studios announced the acquisition of Hardsuit, a prominent game development studio based in Seattle, on Thursday.
PetroTal upbeat on positive first quarter
PetroTal reported positive first-quarter performance in an update on Thursday, with a 21% increase in average quarterly sales, reaching 12,618 barrels of oil per day.
EQT bid deadline for Dechra Pharmaceuticals pushed back
Dechra Pharmaceuticals said on Thursday that a deadline for Swedish private firm EQT to either announce a firm intention to make an offer for the company or walk away has been extended.
ITV posts 10% drop in Q1 total advertising revenue
Broadcaster ITV reported a drop in first-quarter total advertising revenue (TAR) on Thursday and said the outlook was "challenging" given the current macroeconomic backdrop.
MaxCyte revises guidance after weaker first quarter
Cell engineering specialist MaxCyte saw its shares slide on Thursday, after it updated its revenue guidance for the year on the back of its first quarter performance.
Petroneft struggling with strategic review and hunt for auditor
Russia-focussed Petroneft Resources updated the market on its operations and ongoing strategic asset review on Thursday.
First quarter trading meets Gresham House's expectations
Specialist alternative asset manager Gresham House said in an update on Thursday that trading in the first quarter was in line with the board’s expectations.
E& takes seat on the board as Vodafone enters strategic relationship
Vodafone said on Thursday that it has entered a strategic relationship with its largest shareholder, Emirates Telecommunications - also known as e& and formerly known as Etisalat - which will see the company’s chief executive take a seat on the board.
TBC posts 'robust' first-quarter results
TBC Bank Group reported "robust" first-quarter numbers on Thursday, after it benefited from strong growth across the Georgian economy.
Costain trading in line with board expectations
Costain Group maintained its guidance on Thursday morning, ahead of its annual general meeting.
S4 Capital maintains guidance after solid first quarter
Digital advertising and marketing specialist S4 Capital reported a solid start to the year in a first quarter update on Thursday, reiterating its guidance.
CVC consortium gets deadline extension for Network International bid
Network International said on Thursday that the ‘put up or shup up’ deadline for CVC Advisers and Francisco Partners has been extended as it remains in talks with the consortium.