Company News
Director dealings: Ferguson non-exec invests, Helios Underwriting chair gets dividend alternative
Ferguson was on the list of director buys on Friday, after a non-employee director picked up almost $65k worth of shares.
Helios Underwriting acquires Chorlton in £2m deal
Insurance and reinsurance specialist Helios Underwriting announced the successful acquisition of Chorlton Underwriting on Friday, aligning with its strategic plan to expand its underwriting capacity.
Strategic Minerals slides after company update
Strategic Minerals updated the market on its ongoing projects on Friday, reporting that its subsidiary Cornwall Resources (CRL) had been actively working to expand its mineral footprint in the resource-rich Cornwall area.
CMA extends deadline for Microsoft-Activision Blizzard probe
The Competition and Markets Authority said on Friday that it has extended a final deadline on Microsoft’s proposed $69bn acquisition of Activision Blizzard to 29 August.
Nearly 1,000 workers at Gatwick to strike this summer
Nearly 1,000 workers at Gatwick Airport are set to strike for eight days over the summer holidays, it was confirmed on Friday, in a long-running dispute over pay.
Nokia warns on profits as demand falters
Shares in Nokia Corporation fell sharply on Friday, after the telecoms equipment specialist warned on profits.
XPS Pensions agrees sale of NPT to SEI for up to £42.5m
XPS Pensions Group said on Friday that it has entered into an option agreement to sell XPS Pensions (Nexus) Limited - principal employer and scheme funder of the National Pensions Trust (NPT) - to SEI, for up to £42. 5m.
Shares surge as McBride flags return to profitability
Shares in McBride surged on Friday after the cleaning products specialist confirmed profits would be "materially" ahead of expectations, as customers shifted to better value own label ranges.
Versarien raises £650,000 in placing
Versarien said on Friday that it had raised £650,000 in a placing for working capital purposes.
Premier Miton records quarterly net outflows of £449m
Investment management firm Premier Miton reported closing assets under management of £10. 5bn for the June quarter on Friday, representing a decrease from the £11bn it reported on 31 March.
Zoo Digital plummets on trading, reinterpretations of accounting rules
Localisation and media services specialist Zoo Digital saw its shares plunge on Friday morning, after it provided guidance on its interpretation of IFRS 15 accounting standards ahead of its full-year results.
Johnson Service boosts full-year guidance
Johnson Service Group said on Friday it was on track to deliver full-year profits ahead of expectations, boosted by high volumes and more stable costs.
Net outflows lead to fall in assets under Ashmore's management
Ashmore Group reported a $1. 8bn decrease in assets under management in the June quarter on Friday, on the back of positive investment performance of $1. 1bn, but net outflows of $2. 9bn.
Galliford Try appointed to £72m remodelling of London office
Construction group Galliford Try said on Friday that its building business has been appointed by St Martin's Property Investments to undertake the £72m remodelling and refurbishment of Adelaide House in central London.
Kosmos, Tullow Ghana Jubilee oil project starts operations
The Jubilee South East (JSE) oil project, offshore Ghana has started operations, said Kosmos Energy on Friday.
First-quarter sales shine at Burberry
Burberry Group reiterated its full-year guidance on Friday after a resurgent China helped lift first-quarter sales.
Ninety One sees AuM fall in three months to June
Asset manager Ninety One on Friday said its assets under management fell to £124. 8bn at the end of June, compared with £129. 3bn at March 31 and £135bn a year earlier.
Liontrust reports quarterly outflows as it progresses GAM acquisition
Liontrust Asset Management reported net outflows and a decrease in assets under management and advice in an update on Friday, as well as recent developments related to the proposed acquisition of GAM Holding.
ITV 'no longer looking' to buy All3Media
UK broadcaster ITV said it was no longer looking at buying TV and film production business All3Media, owned by Warner Bros Discovery and Liberty Global.