Company News
Wednesday preview: US Fed decision, UK GDP in the spotlight
Trading on Wednesday was likely to be restrained, barring surprises, as investors waited on the US Federal Reserve's policy announcement after the close of London markets.
Regulator raps Asda and Sainsbury over land breaches
The regulator has reprimanded Asda and J Sainsbury over "unlawful, anti-competitive" land agreements, it was announced on Tuesday.
Director dealings: H&T chairman invests, LSE Group buyback continues
On the buying side of the ledger on Tuesday was pawnbroking chain H&T Group, whose chairman picked up 15,000 shares.
Touchstone subsidiary wins Cipero licence in Trinidad bid round
Touchstone Exploration announced on Tuesday that its subsidiary Primera Oil and Gas (POGL) has been awarded the Cipero onshore block in the Trinidad and Tobago 2022 onshore and nearshore competitive bid round.
Mercia updates market on substantial investments in gaming assets
Mercia Asset Management updated the market on its investments in the mobile and digital gaming sector on Tuesday.
Cambridge Cognition wins £2m cancer therapy trial contract
Brain health assessment specialist Cambridge Cognition has secured a £2m contract for a significant cancer therapy trial, it announced on Tuesday.
Corcel reports positive preliminary results from Mt Weld drilling
Corcel revealed the preliminary drilling outcomes from its joint venture with Riversgold at the Mt Weld rare earth elements (REE) project on Tuesday.
Tertiary Minerals granted new Zambia exploration licence
Tertiary Minerals announced on Tuesday that its Zambian subsidiary has successfully applied for and been granted a new mineral exploration licence in the Mupala region of the country.
Pennant International upbeat on several new contract wins
Software and services company Pennant International announced several new orders on Tuesday, highlighting its continued growth and expansion.
Atlantic Lithium senior director steps down after a decade
Africa-focussed explorer and developer Atlantic Lithium announced the immediate resignation of Stuart Crow from the board on Tuesday.
Idox pays third earn-out for Aligned Assets acquisition
Information management software specialist Idox announced the issue of 814,336 new shares on Tuesday, as part payment of the third earn-out consideration in relation to its acquisition of Aligned Assets.
Tatton Asset Management turns in robust set of results
Tatton Asset Management (TAM) reported robust growth across its key metrics in its full-year results on Tuesday, meeting market expectations.
Next in the process of possibly selling Reiss stake
High street clothing retailer Next is currently engaged in discussions over the potential sale of Reiss, the fashion chain it controls, in a deal that could value Reiss at more than £500m.
Bunge and Viterra to join forces in $8bn deal
US grains merchant Bunge is to join forces with rival Viterra in a $8. 2bn merger, it was announced on Tuesday.
Capita secures £50m contract with City of London Police
Capita has been awarded a contract by the City of London Police to deliver customer contact and victim engagement services for the force’s new fraud reporting service.
Plus500 buys back 7.3m shares from Odey
Online trading platform Plus500 surged on Tuesday after it bought back around 7. 3m shares - or 8. 2% of its share capital - from Odey Asset Management for £101. 3m.
Schroders forecasts solid growth for wealth management arm
Asset manager Schroders reported a jump in net new business in its wealth management division on Tuesday, as it outlined plans to grow the unit.
HSBC to wind down New Zealand wealth and personal banking business
HSBC has decided to wind down its wealth and personal banking business in New Zealand.
CMC Markets operating income jumps, outlook cloudier
Online trading and investment provider CMC Markets reported a new record high in net operating income outside of the Covid-19 pandemic period in its full-year results on Tuesday, in line with the guidance provided.
Oxford Instruments FY profits up 54% on strong order book
Oxford Instruments posted a 54% rise in annual profits on Tuesday, driven by strong order growth.