Company News
Director dealings: Everyman insider linked to purchase, Britvic CEO covers tax bill
Two significant director dealings disclosed to the market on Wednesday included a purchase linked to a director at Everyman Media Group, and a sale made by Britvic’s chief executive officer to cover his costs after a vesting.
Thursday preview: Bank of England, Shell in the spotlight
All eyes in the first trading session of February will be on the Bank of England.
Vodafone rejects revised Iliad offer to merge Italian businesses
Iliad said on Wednesday that Vodafone had rejected its revised offer to merge the two companies’ Italian businesses.
Plexus Holdings repays chunk of 2022 loan notes
Oil and gas engineering service company Plexus Holdings updated the market on the 1,550,000 convertible loan notes issued in October 2022 on Wednesday, having repaid a large portion of them.
Skillcast describes year of robust growth
Software company Skillcast Group reported a year of robust growth in annualised recurring revenue (ARR) in an update on Wednesday.
FTSE 250 movers: FDM gains on update; Lower crude price hits producers
FTSE 250 (MCX) 19,371. 09 0. 11% .
Synergia reports progress on Cambay farm-out process
Synergia Energy updated the market on the progress of the Cambay PSC farm-out process on Wednesday, reporting that it was currently engaged in meetings in India with a prospective partner.
Serabi Gold renews trial licence for Coringa
Serabi Gold announced the renewal of its trial mining licence for the Coringa mine on Wednesday.
Boeing tops Q4 expectations but offers no 2024 guidance
Troubled aerospace giant Boeing topped market expectations on fourth quarter losses on Wednesday, but declined to offer guidance for 2024 as it grappled with safety issues with its 737 MAX-9 narrowbody.
Ingenta to hike dividend after year of growth
Publishing and media software and service provider Ingenta said in an update on Wednesday that it expected to report revenue of £10. 8m for 2023, reflecting 3% growth year-on-year.
NatWest on the hunt for permanent CEO — report
UK banking group NatWest has reportedly hired the services of a headhunter to find a permanent replacement for former chief executive Dame Alison Rose, who left the company abruptly last year as part of the Nigel Farage debanking scandal.
Cigna to sell Medicare business to HCSC for $3.7bn
The Cigna Group said on Wednesday that it has agreed to sell its Medicare business to Health Care Service Corporation (HCSC) for around $3. 7bn.
Somero ends year in line with expectations
Somero Enterprises reported a strong financial performance for 2023 in an update on Wednesday, pencilling in full-year revenue of $120. 7m, in line with market expectations.
Universal threatens to pull songs from TikTok in row over payments
Universal Music is gearing up to pull millions of its songs from social media platform TikTok after a breakdown in talks over payments.
UK business confidence jumps - survey
UK businesses started the new year with an upbeat outlook, a survey claimed on Wednesday, buoyed by easing inflation and the prospect of falling interest rates.
DotDigital revenue grows as it integrates acquisition
Customer experience and data software specialist DotDigital reported first-half revenue of £38. 7m in an update on Wednesday, marking a 15% increase compared to the first six months of the 2023 financial year.
Sylvania Platinum production slips as expected in third quarter
South Africa-focussed Sylvania Platinum reported in an update on Wednesday that its Sylvania Dump Operations (SDO) produced 18,232 4E platinum group metal (PGM) ounces in its second quarter.
Allen Media eyes Paramount Global in potential $30bn deal - reports
Shares in Paramount Global soared on Wednesday, after it emerged Allen Media Group had submitted a multi-billion dollar bid for the US giant.
Gulf Keystone production plunges on Kurdistan export suspensions
Kurdistan-focussed energy company Gulf Keystone Petroleum said in an update on Wednesday that its gross average production for 2023 decreased to 21,891 barrels of oil per day, from 44,202 daily barrels in the prior year, due to export suspensions.
Obesity treatments cause profits to balloon at Novo Nordisk
Denmark’s Novo Nordisk reported better-than-expected sales and earnings on Wednesday, on the back of surging demand for blockbuster weight-loss treatment Wegovy.