Company News
Week ahead: Autumn statement, Fed minutes in focus
Investors' focus over the coming week will be on the Chancellor's Autumn statement, on Wednesday, with the most recent economic data showing that he had approximately £90bn of leeway to tweak fiscal policy.
Tuesday preview: Fed minutes, UK public sector borrowing in the spotlight
All eyes on Tuesday will be on the minutes of the U. S. central bank's last policy meeting.
SRT Marine Systems receives £160m in orders for H2
Maritime tech outfit SRT Marine Systems said on Monday that it has received £160. 0m worth of orders during the second half of the trading year.
Director dealings: Spirax-Sarco brass make share purchases
Spirax-Sarco Engineering revealed on Monday that chief financial officer Nimesh Patel had acquired 1,122 ordinary shares in the FTSE 100-listed steam management systems manufacturer.
Empire Metals posts promising results from Pitfield drilling
Empire Metals revealed promising results from the geochemical analysis of samples obtained from the first of three diamond core drill holes at the Pitfield Project in Western Australia on Monday.
Active Energy announces further delays at Ashland facility
Biomass-based renewable energy developer Active Energy updated the market on the construction progress of its CoalSwitch fuel reference plant at Ashland, Maine, on Monday.
Ilika reaches milestone in Goliath battery roadmap
Solid-state battery technology developer Ilika announced a significant milestone in its Goliath roadmap on Monday, achieving the D4 development point.
RUA Life Sciences shares jump on strategy update
Shares in RUA Life Sciences rocketed on Monday after the company updated the market on its strategy, focusing on its medical device businesses.
Mercia announces sale of VR specialist nDreams
Mercia Asset Management announced the sale of nDreams to Aonic on Monday for an enterprise value of £90. 3m.
McDonald's buys back large stake in Chinese operations
McDonald's is buying back a large stake in its Chinese operations as it looks to simplify its corporate structure and take advantage of future growth potential, just six years after selling off a majority holding.
Bullish buys CoinDesk for undisclosed sum
Cryptocurrency exchange Bullish said on Monday that it has bought CoinDesk from Digital Currency Group for an undisclosed sum.
Velocys receives discounted takeover approach
Velocys tumbled on Monday after saying it has received a possible takeover offer from a consortium led by Lightrock and Carbon Direct Capital at a considerable discount to the current share price, and warning it was unlikely to be able to continue as a going concern beyond the end of December.
Top Foxtons investor pushing for sale - report
Foxtons shot higher on Monday following a report the estate agent’s board has come under pressure from 10% of its shareholders to sell itself.
Ashtead shares slump as FY profit, revenue outlook cut on weak US
Shares in Ashtead slumped on Monday as the industrial equipment company lowered full year revenue and profit forecasts after a quieter hurricane season and the writers’ and actors’ strike in the US and revealed it would take a $2bn depreciation charge.
Polar Capital confident after weaker first half
Polar Capital reported assets under management of £19. 1bn at the end of its first half on Monday, slightly decreasing from the £19. 2bn reported on 31 March.
Cerillion posts record-breaking financial results
Billing, charging, and customer relationship management software specialist Cerillion reported significant growth across several key performance indicators in its final results on Monday.
Eurozone construction rises 0.4% in September
Construction output in the eurozone rose 0. 4% in September compared to the previous month, according European Union statistics agency Eurostat.
Kitwave acquires drinks wholesaler Wilds of Oldham
Kitwave Group announced the successful acquisition of composite drinks wholesaler WLG Holdings on Monday, trading as Wilds of Oldham.
Begbies Traynor delivers 'further growth' in H1
Professional services consultancy Begbies Traynor said on Monday that it had delivered "further growth" in the first half of the trading year, leaving it "confident" of delivering full-year expectations.
MusicMagpie confirms early takeover talks with BT, Aurelius
MusicMagpie confirmed on Monday that it is in early-stage talks with both BT Group and private equity firm Aurelius Group about a possible bid for the company.