Company News
Verditek in discussions to raise urgent cash, shares plummet
AIM-listed Verditek saw shares plummet on Wednesday after the solar panel group said it was exploring a number of urgent financing options as it is running out of money.
Xaar warns of 'challenging' H2 trading conditions
Industrial inkjet printheads supplier Xaar warned of "challenging" second-half trading conditions on Wednesday, with full-year revenues seen lower year-on-year.
Spirent Communications inks testing agreement with financial services organisation
Telecommunications testing company Spirent Communications has signed an agreement with an unnamed financial services organisation to automate its lab and testing capabilities.
Pennon revenue rises, profit slides in first half
Water utility Pennon Group reported a 5. 4% increase in first-half underlying revenue on Wednesday, to £448. 6m, driven by inflationary tariff adjustments moderated by regulatory measures to minimise the impact on customer bills.
Harbour Energy eyeing M&A opportunities, reiterates full-year guidance
Oil and gas group Harbour Energy has held on to its full-year production and cost guidance as it expressed its interest in "a number of material M&A opportunities".
Spain's Ferrovial to sell Heathrow stake for £2.4bn
Spanish infrastructure firm Ferrovial has agreed to sell its entire stake in FGP Topco, the parent company of Heathrow Airport, for £2. 4bn.
Hargreaves Lansdown chair steps down amid shareholder backlash
Hargreaves Lansdown has announced that chair Deanna Oppenheimer is to step down from the board after six years following mounting pressure from shareholders calling for her exit.