Company News
Hewlett Packard Enterprise nearing $13bn deal to buy Juniper Networks
Juniper Networks surged in pre-market trade on Tuesday following a report that Hewlett Packard Enterprise is close to striking a $13bn deal to buy the network gear maker.
Oxford Nanopore Tech shares tank on margin warning
Shares in Oxford Nanopore Technologies (ONT) plunged on Tuesday after the DNA/RNA sequencing tech firm warned of lower full-year margins due to a change in a purchase agreement to do with the Emirati Genome Program.
EDF Energy to invest further £1.3bn in UK nuclear fleet
EDF Energy is to invest a further £1. 3bn in five of the UK’s nuclear power stations, the French group confirmed on Tuesday, as it looks to maintain output.
Strong second half boosts profits at Shoe Zone
Shoe Zone reported a jump in full-year profits on Monday, boosted by strong summer and back to school trading.
B&M backs FY guidance, declares special dividend as Q3 sales rise 5%
B&M European Value Retail reiterated its full-year guidance on Tuesday and declared a special dividend, as it posted a jump in third-quarter sales.
Recruiter Hays warns on profits after December slowdown
Recruiter Hays warned on profits on Tuesday as it highlighted a hiring slowdown in December.
MJ Gleeson H1 sales fall, profit margins contract
Low-cost housebuilder MJ Gleeson said on Tuesday that interim sales had fallen and warned that decreased profit margins had swung it to a net debt position for the six months to 31 December.
Centamin sees "encouraging" results from maiden EDX drilling
Gold miner Centamin on Tuesday reported "encouraging" results from its maiden drill programme on its Eastern Desert Exploration (EDX) in Egypt.
GSK buys respiratory drug maker Aiolos in $1.4bn deal
GSK said it was buying Aiolos, a clinical-stage biopharmaceutical company focused on treatment of respiratory and inflammatory conditions, for up to $1. 4bn (£1. 1bn).
Unite maintains guidance as reservations rise to record high
Student accommodation group Unite has held on to full-year guidance after a solid fourth quarter, with property values holding stable and reservations rising to a record high.
Hill & Smith buys US-based Capital Steel for £5m
Infrastructure services group Hill & Smith said it had bought the business and assets of New Jersey-based Capital Steel for $6. 25m (£5m), on a debt and cash free basis.