Company News
Wednesday preview: UK CPI, Q4 euro area GDP in focus
Inflation concerns will continue to be front and centre on investors' minds in the middle of the week.
Director dealings: Good Energy chairman snaps up shares
Good Energy revealed on Tuesday that chairman William Whitehorn had purchased 5,000 ordinary shares in the AIM-listed renewable electricity company.
Ultimate Products confident despite fall in first-half revenue
Homeware company Ultimate Products said in an update on Tuesday that its unaudited revenues in the first half experienced a slight decline of 4% to £84m year-on-year.
Capricorn set to gain up to $50m from Sangomar
Capricorn Energy said in an update on Tuesday that, in response to Woodside Energy's recent announcement, it was awaiting the arrival of the floating production, storage and offloading (FPSO) facility for the Sangomar Field development off the coast of Senegal.
UK financial watchdog starts probe into Home REIT
Britain's financial watchdog has started a probe into troubled housing investor Home REIT, the company revealed on Tuesday.
Body Shop collapses into administration
The Body Shop's UK business collapsed into administration on Tuesday, putting as many as 2,000 jobs at risk.
Saietta shares plunge as it sells Sunderland production line
Shares in electric vehicle drivetrain technology company Saietta more than halved on Tuesday, after it announced the sale of a production line in Sunderland following its failure to secure a commercial agreement.
Coca-Cola Q4 revenues beat expectations
Coca-Cola reported better-than-expected fourth-quarter revenue on Tuesday as it benefited from higher prices and volumes.
Hasbro falls short of earnings expectations after revenue slide
Shares in toy giant Hasbro were sliding in premarket trading on Tuesday, after it reported a significant decline in revenue and a mixed performance across its business segments.
Dekel reports mixed month at Ayenouan palm oil project
West Africa-focussed agriculture company Dekel Agri-Vision released its monthly production update for January on Tuesday, from its Ayenouan palm oil project in Côte d'Ivoire.
Kefi reports progress on Tulu Kapi Gold Project
Gold and copper explorer and developer Kefi updated the market on the progress of its Tulu Kapi Gold Project in Ethiopia on Tuesday.
Belluscura enters partnership with Sunset HealthCare
Belluscura announced a partnership with Sunset HealthCare Solutions, a Chicago-based manufacturer and distributor of home medical equipment, on Tuesday.
Amaroq Minerals fundraising oversubscribed by almost 50pc
Amaroq Minerals announced the conclusion of its proposed fundraising on Tuesday, which it said was met with overwhelming demand.
Cornerstone FS gets licence to operate in Canada
Foreign exchange and payments specialist Cornerstone FS has received its official authorisation to operate in Canada, it announced on Tuesday.
Eqtec secures new strategic investor, shares spark
Shares in Eqtec rallied on Tuesday, after the AIM-listed energy technology firm raised £500,000 through a new strategic investor.
Michelin shares surge on strong profits and €1bn buyback
Shares in French tyre maker Michelin jumped more than 8% on Tuesday after beat profit forecasts with a record 2023 performance and announced a €1bn share buyback.
Jadestone Energy eyes reverse takeover deal
Upstream company Jadestone Energy said on Tuesday that it was working on a reverse takeover deal that would see it acquire assets owned by Woodside Energy in Australia.
Union Jack Oil further expands footprint in Oklahoma
US and UK-focused onshore oil explorer Union Jack Oil has signed two further farm-in agreements with Reach Oil & Gas for the Wilzetta Fault oilfields in central Oklahoma, which is thought to have substantial reserves.
Empyrean raises £700k through share placing
Oil and gas development company Empyrean has raised £700,000 through a placing of 280. 0m new ordinary shares at a price of 0. 25p each.
Parcel delivery firm Yodel rescued by consortium
Parcel delivery group Yodel has been bought by YDLGP - a newly-formed company backed by a consortium of investors including boutique investment bank Solana Partners and the leadership team behind rival - for an undisclosed sum.