Company News
Black Friday boosts retail footfall - BRC
UK retail footfall stabilised in November, industry data showed on Friday, as shoppers snapped up Black Friday bargains.
Director dealings: Mercia Asset Management CFO raises stake
Mercia Asset Management revealed on Thursday that chief financial officer Martin Glanfield had acquired 145,829 ordinary shares in the AIM-listed asset manager.
Frasers backs out of takeover after SportsCheck files for bankruptcy
Mike Ashley’s Frasers Group said on Thursday that it has backed out of plans to buy SportsCheck after the German sports retailer filed for insolvency.
Court overturns Apple's appeal of UK mobile markets probe
The Court of Appeal has upheld the Competition and Markets Authority’s (CMA) decision to initiate a market investigation into mobile browsers and cloud gaming.
Zoo Digital confident after strike-affected weak first half
Localisation and digital media service provider Zoo Digital reported a 58% fall in first-half revenue on Thursday, to $21. 4m, primarily attributed to the Hollywood writers’ and actors’ strikes.
Ford trims full-year profits outlook
Ford Motor Co trimmed its full-year guidance on Thursday, after a costly labour dispute dented profits.
Serabi swings to third-quarter profit as production grows
Brazil-focussed gold miner Serabi Gold reported total third-quarter gold production of 8,738 ounces on Thursday - a slight increase from 8,541 ounces in the same period in 2022.
Baron Oil moving forward with Chuditch appraisal drilling
Baron Oil updated the market on preparations for drilling within the TL-SO-19-16 production sharing contract (PSC), located offshore Timor-Leste, on Thursday.
Greatland upbeat on Panorama surface sampling results
Greatland Gold revealed the outcomes of its recent surface sampling efforts conducted across its Panorama East, Panorama, and Panorama North tenure on Thursday.
James Latham maintains confidence despite fall in revenue
Timber and panels specialist James Latham reported a 10. 3% decrease in first-half revenue on Thursday, to £190. 9m.
Tertiary reports progress on bringing another party to Konkola West
Tertiary Minerals updated the market on its Konkola West Copper Project in Zambia on Thursday.
Arkle to start new gold drilling at Inishowen
Arkle Resources announced an upcoming drilling programme in Inishowen, County Donegal, on Thursday, which is set to start this week.
Lloyds to shut 45 branches
Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.
Dr Martens warns on full-year profits, shares tumble
Dr Martens warned on profits on Thursday as it said the Autumn/Winter season has been hit by warm weather, weaker traffic and softer trading in the US, sending shares in the iconic bootmaker tumbling.
Shares slide as Wynnstay warns of 'difficult' second half
Shares in Wynnstay Group tumbled on Thursday, after the agricultural supplies specialist warned on profits.
NCC Group trading as expected through first half
Cybersecurity and software escrow company NCC Group said in a trading update on Thursday that its performance in the first half aligned with expectations, with its outlook for the full year unchanged.
LXi earnings rise as portfolio value narrows slightly
LXi REIT reported a strong set of interim results on Thursday, with EPRA earnings per share increasing 12. 1% to 4. 07p and contracted annual rental income rising to £204. 2m from £202. 2m at the start of the period.
Ashtead Technology buys ACE Winches for £53.5m, lifts FY outlook
AIM-listed Ashtead Technology lifted its full-year expectations on Thursday as it announced the acquisition of ACE Winches from its founders Alfie and Valerie Cheyne, for £53. 5m in cash.
Friday preview: Global factory PMIs, Fed's Powell in focus
The market focus at the end of the week will be on a raft of purchasing managers' indices from around the world covering manufacturing sector activity during the month of November.
Auction Technology shares tumble as profit before tax slides
Shares in Auction Technology Group were well below the waterline on Thursday morning, falling below their IPO price, as its pre-tax profit fell amid increasing finance costs.