Company News
Director dealings: Kenmare directors, Genuit chairman invest in firms
Kenmare Resources was on the top of the list of director buys on Wednesday, after two of its directors were linked to share purchases.
Thursday preview: Quiet day for earnings and data
Thursday is likely to be a quiet day for corporate earnings in London, so most of the attention will be fixed on yet more economic data from the US as investors look ahead to the next Federal Reserve meeting with bated breath.
United Utilities fined £0.88m after taking 22bn litres from aquifer
United Utilities has been fined £800,000 by Britain's Environment Agency after illegally abstracting 22bn litres of water from a vital aquifer in Lancashire and causing damage that "will take years to receover".
Plus500 starts $60m share buyback
Contracts-for-difference trading platform Plus500 announced the terms of its new $60m share buyback programme on Wednesday, immediately on the back of the completion of its $70m repurchase.
Belluscura receives 6,500 orders for new oxygen concentrator
Medical device developer Belluscura announced on Wednesday that it had received purchase orders for more than 6,500 units of its next-generation ‘DISCOV-R’ portable oxygen concentrator.
Chaarat inks deal to sell Armenia's Kapan mine
Chaarat Gold announced a binding agreement to sell its 100%-owned Armenian subsidiary Chaarat Kapan on Wednesday, which is responsible for the Kapan mining operation in southern Armenia.
Gattaca upbeat amid struggles in permanent recruitment
Specialist staffing firm Gattaca reported a slight dip in continuing full-year net fee income in a trading update on Wednesday, with expected figures of £43. 6m, compared to the previous year’s £44. 1m, for a 1% year-on-year decline.
Restore confident despite first-half difficulties
Digital and information management specialist Restore reported a robust first-half revenue performance on Wednesday, driven by strong performances in records management, recurring income streams of the digital division, and Harrow Green.
Riverstone Energy net asset value falls in first half
Riverstone Energy reported a net asset value of $12. 90 or £10. 23 per share at the end of its first half on Wednesday, making for an 11% dollar-denominated decline and a 15% reduction on a sterling basis when compared to 31 December.
Capital Limited maintains guidance after mixed first half
Mining service provider Capital Limited reported first-half revenue of $154. 3m in an update on Wednesday, up 11. 7% year-on-year.
Marshalls revenue, profits slide amid tough market
Landscaping supplier Marshalls reported a 2% improvement in first-half revenue on Wednesday, thanks to a four-month contribution from Marley, with like-for-like revenue dipping 13%.
Essentra sales fall, but profits jump 52%
Essentra has reiterated its full-year guidance despite interim results from showing that the decline in underlying sales accelerated during recent months, as profits jumped by more than half.
Balfour Beatty maintains interim dividend, on track for full year
Infrastructure giant Balfour Beatty reported a solid first-half performance on Wednesday, particularly in its earnings-based businesses, as it remained on target to meet its full-year expectations.
Admiral H1 profits rise, but dividend cut
Admiral Group reported a small rise in half-yearly earnings as it hiked prices in response to claims inflation, but also slashed its interim dividend by 15%.
Aviva hikes dividend after robust first half
Global insurance giant Aviva reported robust first-half growth on Wednesday, with operating profit rising 8% year-on-year to £715m.