Company News
Retail and hospitality groups call on government to freeze rates
Retail and hospitality groups have called on the Chancellor to freeze business rates, warning on Thursday that inaction could prove "disastrous" for the UK’s high streets.
Thursday preview: Philly Fed index, Fedspeak and Burberry in focus
Investors' attention on Thursday will be trained on the U. S. where raft of economic indicators were due out.
Ocado lands tech deal with McKesson Canada, shares surge
Ocado shares shot higher on Wednesday after it announced a deal to provide fulfilment technology to healthcare provider McKesson Canada.
St James’s Place defends payouts for top bosses, shares jump
St James’s Place rallied on Wednesday after the wealth manager defended a decision not to cut share awards for top bosses last year despite a drop in its share price.
Alstom considering capital increase, job cuts; shares slide again
Alstom tumbled on Wednesday as it said it was considering a range of options to accelerate its deleveraging, including asset disposals, a capital increase and job cuts.
Helium One makes solid progress at Tai-3 well
Tanzania-focussed helium explorer Helium One Global updated the market on its Tai-3 operations on Wednesday, highlighting significant progress and plans.
Aurrigo International announces discounted placing, shares tumble
Aurrigo International tanked on Wednesday after the AIM-listed provider of transport technology solutions announced plans to raise £3. 5m in a discounted placing.
Watkin Jones appoints Alex Pease as permanent CEO
Residential construction and development company Watkin Jones announced the appointment of Alex Pease as its chief executive officer on Wednesday, with immediate effect.
Malvern International appoints chief development officer
Learning and skills specialist Malvern International announced the appointment of Stephen Harvey as its chief development officer on Wednesday.
BiVictriX gets patent for its lead asset in Japan
BiVictriX Therapeutics has received a patent grant from the Japanese Patent Office (JPO) for its lead asset BVX001, it announced on Wednesday.
Arkle begins reconnaissance programme on Aughrim block
Arkle announced the start of a reconnaissance prospecting programme in the recently-acquired Aughrim block of licences in Aughrim, County Wicklow, on Wednesday.
Agriterra agrees unsecured $1.7m term loan with major shareholder
Africa-focussed agricultural company Agriterra announced an unsecured term loan agreement worth $1. 7m on Wednesday, with its majority shareholder Magister Investments.
4Global upbeat on Sport England contract expansion
Data, services, and software company 4Global announced a one-year variation to the third year of its four-year Sport England Moving Communities contract.
Tracsis revenue, earnings rise in final results
Transport technology provider Tracsis reported revenue of £82m in its final results on Wednesday, up 19% year-on-year.
Siemens Energy to review wind unit as group slumps to €4.6bn loss
Siemens Energy is reviewing its troubled wind turbine division, the German company confirmed on Wednesday, as it slumped to a near €5bn annual loss.
Target beats quarterly forecasts, shares jump
Shares in Target Corporation surged on Wednesday, after the big box retailer comfortably beat quarterly profit forecasts.
Intermediate Capital reports strong first half growth
Intermediate Capital Group reported a positive first half on Wednesday, with total assets under management reaching $81bn, up 3% from the start of the period.
CLS Holdings reports easing headwinds as lease activity jumps
Shares in CLS Holdings rose on Wednesday after the office-focused property investment firm said that economic headwinds affecting the office sector were "moderating", with leasing activity increasing "substantially" in the third quarter.
Synthomer trading as expected despite some slowing demand
Synthomer updated the market on its trading from 7 September to 31 October on Wednesday, reporting that its overall trading aligned with expectations.
Travis Perkins completes refinancing
Shares in Travis Perkins sparked in morning trading on Wednesday, after the builders' merchant completed its short-term refinancing programme.