Company News
Tuesday preview: US consumer prices, Vodafone in focus
Financial markets' attention on Tuesday will be on the latest consumer price data in the U. S.
Savills appoints David Lipson as head of North America business
Savills said on Monday that it has appointed David Lipson as the new chief executive of its North America business with effect from 1 January 2024.
Biome Technologies reports mixed trading across divisions
Bioplastics and radiofrequency technology company Biome Technologies updated the market on its trading for the third quarter on Monday, with group revenues reaching £5. 2m for the first nine months of the year.
Brave Bison announces £4m in contract wins and renewals
Digital advertising and technology services company Brave Bison announced around £4m in new contract wins and renewals on Monday.
Cordel achieves big milestone in Network Rail contract
Cordel Group announced a significant milestone in its long-term National Gauging Database contract with Network Rail on Monday.
Good Energy reports solid recent progress
Renewable electricity supplier and energy services specialist Good Energy Group updated the market on its recent progress on Monday, having launched its new ‘Solar Savings’ smart export tariff in October, which rewards households generating clean power with an increased rate of 15p per kWh.
Team Internet revenue rises in first nine months
Team Internet Group reported a 16% year-on-year increase in revenue in the first nine months of the year on Monday, as well as an 11% rise in adjusted EBITDA and a positive outlook for the rest of the year.
PetroTal reports dry season challenges in third quarter
PetroTal said in an update on Monday that it faced challenges in the third quarter due to a severe dry season and low river levels, which impacted its average quarterly sales and production figures.
Midwich agrees to acquire 51pc stake in ProdyTel
Audio-visual distributor Midwich Group announced an agreement to acquire ProdyTel on Monday - a distributor specialising in professional audio and technical solutions products located near Nuremberg, Germany.
Atalaya seeking admission to London's main market
Atalaya Mining announced its intention on Monday to seek admission for its shares to the premium segment of the Official List and begin trading on the London Stock Exchange main market.
Kainos first-half profits grow, bookings fall
Kainos posted a jump in first-half profit and revenue on Monday as it hailed continued strong growth across its key business areas, but bookings and healthcare revenues fell.
Heathrow passenger numbers jump 18% in October
The number of passengers passing through London Heathrow was up 18% year-on-year in October, the airport announced on Monday.
Loungers on track with roll-out plan
Café, bar and restaurant operator Loungers said on Monday that its accelerated site roll-out plan remains firmly on track, with four further sites opened since 13 September.
LXi REIT extends HSBC facility by two years
LXi REIT announced an extension to its existing £60m loan facility with HSBC on Monday, pushing the term from December 2024 to December 2026, effectively lengthening the maturity date.
Tullow enters into $400m debt facility with Glencore
Tullow Oil said on Monday that it has entered into a $400m five-year notes facility agreement and oil marketing and offtake deals with Glencore.
HICL offloading interests in Sheffield student accommodation project
HICL Infrastructure announced its decision to sell its equity interests in the University of Sheffield Accommodation Project on Monday for £18m.
FDM shares plunge on bleaker outlook for 2024
Shares in professional IT services provider FDM Group were plunging on Monday morning after it updated the market on its trading since the interim results in late July and lowered its expectations for next year.
Royal Mail fined £5.6m by Ofcom for missing delivery targets
Ofcom has fined Royal Mail £5. 6m for missing postal delivery targets in the last financial year "by a significant and unexplained margin".
Vodafone unveils plans for strategic partnership with Accenture
Vodafone Group unveiled plans for a strategic partnership with Accenture on Monday to accelerate the commercialisation of shared operations.
British Land bullish on rental guidance after solid first half
Shares in British Land jumped on Monday after the real estate group upgraded its guidance for estimated rental value (ERV) following a solid first half.