Company News
Tuesday preview: Fedspeak, Easyjet in focus
The market spotlight on Tuesday will be on speeches from a trio of top officials at the U. S. Federal Reserve.
Director dealings: Ascential CEO makes share sale
Ascential revealed on Monday that chief executive Duncan Painter had sold 300,000 ordinary shares in the FTSE 250-listed business-to-business media firm.
Fulcrum Metals expands Saskatchewan uranium assets
Canada-focussed minerals explorer and developer Fulcrum Metals announced a substantial expansion of its Saskatchewan uranium assets on Monday.
Zinc Media flags strong outlook for 2024
Television and content production specialist Zinc Media described a strong 2023 performance in a trading update on Monday and a promising outlook for 2024.
SDX Energy pivoting away from Egyptian assets
SDX Energy updated the market on its strategic transformation on Monday, shifting its focus from solely an oil and gas business to becoming an integrated, hybrid energy provider in Morocco.
Falcon Oil kicks off Shenandoah stimulation
Falcon Oil & Gas has officially initiated stimulation activities at the Shenandoah South 1H well, it announced on Monday.
MediaZest secures international retail business opportunity
MediaZest announced on Monday that it recently secured a new business opportunity with an international retail client.
Barclays in talks to acquire mortgage portfolio from Metro Bank
Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.
BT Group not planning to make offer for MusicMagpie
BT Group said on Monday that it is not planning to make an offer for MusicMagpie.
Saga reviewing potential debt-reduction options — report
Over-50s financial services and travel company Saga is said to have brought in advisers to brainstorm ways to strengthen its balance sheet, which could resuming the potential sale process for its insurance underwriting arm.
Horizonte Minerals makes several senior leadership changes
Nickel developer Horizonte Minerals announced several changes to its board of directors and senior leadership team on Monday.
Brooks Macdonald appoints new chairman
Investment manager Brooks Macdonald Group announced the appointment of Maarten Slendebroek as its new chairman on Monday, pending regulatory approval, along with his immediate appointment as a non-executive director.
MP Evans completes buy of two Indonesian palm oil firms
Indonesian palm oil producer MP Evans announced the completed acquisition of two Indonesian companies, PT Agro Bumi Kaltim (ABK) and PT Nusantara Agro Sentosa (NAS), on Monday.
Frontier Developments shares tank after sales guidance cut
Shares in Frontier Developments plunged nearly 20% on Monday after the videogames developer and publisher said weaker-than-expected sales from its latest Warhammer release means full-year guidance won't be achieved.
Australia's Adore Beauty rejects takeover proposal from THG
Australia’s Adore Beauty confirmed on Monday that it had rejected a takeover proposal from British ecommerce group THG.
GSK receives 'positive' headline results from phase III trial
Drugmaker GSK announced on Monday that it had received positive headline results from a planned interim efficacy analysis from a phase III trial evaluating its elantamab mafodotin asset.
Revolution Beauty in negotiations with ex CEO, chairman
Revolution Beauty Group responded to fresh press speculation surrounding potential agreements with its former chief executive officer, Adam Minto, and former executive chairman, Tom Allsworth, on Monday.
Molten Ventures agrees £41m deal to acquire Forward Partners
Molten Ventures announced an agreement on a recommended all-share offer for the acquisition of Forward Partners on Monday.
Tony Griffin stepping down as Dechra executive director
Dechra Pharmaceuticals announced the departure of one of its longstanding executives, Tony Griffin, on Monday.
Rightmove revenue growth beating expectations
Property portal Rightmove said in an update on Monday that since its interim results in July, its overall revenue growth had surpassed consensus expectations, primarily driven by higher-than-anticipated average revenue per advertiser (ARPA).