Company News
Director dealings: DS Smith finance director invests, Mattioli Woods COO sells stake
Key personnel from DS Smith and Mattioli Woods were on the list of director dealings on Friday after both companies made regulatory announcements.
Ondine announces expanded Canadian availability of Steriwave
Life sciences company Ondine Biomedical announced the expansion of the availability of its Steriwave nasal photo disinfection technology on Friday across various hospitals in Canada.
Mirriad Advertising appoints new finance chief
In-content advertising specialist Mirriad Advertising announced the appointment of Nicholos (Nic) Hellyer as its chief financial officer designate on Friday after recent strategic evaluations and a managerial reshuffle.
Next to buy FatFace in £115.2m deal
Clothing and homeware retailer Next said on Friday that it has agreed to buy FatFace for £115. 2m from a consortium of financial institutions.
Premier Miton reports fall in assets under management
Premier Miton Group issued an unaudited update on its assets under management (AuM) for the fourth quarter on Friday, reporting a closing AuM of £9. 8bn at the end of September, down from £10. 5bn on 30 June.
Rockfire launches drilling programme at Molaoi
Base metal, gold and critical minerals explorer Rockfire Resources announced a precise drilling programme at its wholly-owned Molaoi zinc deposit in Greece on Friday.
UK Oil & Gas says testing to resume at Pinarova-1
UK Oil & Gas updated the market on testing operations at the Pinarova-1 well on Friday, with testing set to resume in around four weeks.
TomCo raises £0.1m as it works on Greenfield plans
TomCo Energy announced the raising of £0. 1m on Friday, in a bid to shore up finances for the plans of its subsidiary Greenfield Energy.
Wells Fargo profits surge on higher interest rates
Wells Fargo reported a surge in quarterly earnings on Friday, as it benefited from sharply higher interest rates.
John Lewis appoints Royal Mail’s Martin Gafsen as new property boss
John Lewis said on Friday that it has appointed Martin Gafsen - currently interim corporate finance director at Royal Mail - as its new property and facilities director.
JPMorgan beats third-quarter net income expectations
JPMorgan Chase reported third-quarter net income of $13. 2bn on Friday, equating to $4. 33 per share.
Avon Protection shares jump as second-half trading accelerates
Shares in Avon Protection jumped 8% on Friday after the "mission-critical solutions" group said trading in the second half had picked up, with order book growth and higher underlying earnings.
FCA fines Equifax £11m over cybersecurity breach
Credit checking agency Equifax has been fined more than £11m by the UK regulator following one of the largest cybersecurity breaches in history, it was confirmed on Friday.
FDA blocks six British American Tobacco vape flavours
Shares in British American Tobacco came under pressure on Friday, after US authorities cracked down on some of its flavoured vapes.
Digitalbox completes £0.47m acquisition of TVGuide
Digitalbox announced the successful acquisition of the web and mobile platform assets of TVGuide. co. uk on Friday, as well as the Amazon Alexa TV Guide skill.
Brooks Macdonald said to line up defence adviser amid takeover interest
Wealth manager Brooks Macdonald is reportedly working with a defence adviser on its strategy amid takeover interest.
St James's Place reviewing fees; shares tank
St James's Place shares plunged after the wealth manager confirmed it is reviewing its fees and charges structure for clients to comply with new consumer duty rules that took effect over the summer.
Christie Group cautious over full-year expectations
Christie Group reported a boost in its agency and advisory business, Christie & Co, on Friday, reflecting more normalised levels of exchange and invoicing activity following the close of the summer period.
Loungers flags robust first-half growth in update
Hospitality operator Loungers announced a promising trading update for the 24 weeks ended 1 October on Friday, highlighting robust year-on-year like-for-like sales growth of 7. 7%.
Ashmore see first-quarter AuM drop 8%
Emerging markets asset manager Ashmore Group saw an 8% drop in assets under management (AuM) in its fiscal first quarter on the back of ongoing market volatility and risk aversion.