Company News
Tuesday preview: US data, Abrdn in the spotlight
Investors' focus on Tuesday will be on a raft of U. S. economic indicators that are due out.
Director dealings: Lloyds Banking chairman makes share purchase
Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1. 0m ordinary shares in the FTSE 100-listed financial services giant.
i3 Energy ends year at top-end of guidance
i3 Energy reported a robust fourth-quarter performance in an update on Monday, with record annual corporate production for 2023 averaging 20,711 barrels of oil equivalent per day.
Oriole Resources reports progress at Mbe gold project
Gold explorer Oriole Resources updated the market on exploration at its 90%-owned Mbe gold project in Cameroon on Monday.
KKR to buy Broadcom’s EUC Division in $4bn deal
Private equity firm KKR has agreed to buy Broadcom’s end-user computing division - the EUC Division - in a $4bn deal.
Wincanton jumps as potential bidding war kicks off
Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604. 7m, and following an approach from Clipper Logistics owner GXO Logistics.
Directa Plus buys further 49pc stake in Setcar
Directa Plus announced the acquisition of an additional 48. 96% stake in Setcar on Monday, taking its shareholding from 50. 99% to 99. 95%.
Intl Personal Finance delays FY results, cites Polish regulatory issues
International Personal Finance cited regulatory issues in Poland as it delayed the release of its full-year results.
Lexington Gold pleased with recent drilling at Bothaville
Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in the Witwatersrand Gold Basin of South Africa on Monday, where it started drilling in early December, reporting significant milestones.
Tertiary Minerals forms Zambian joint venture
Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.
Falcon Oil tops pre-drill expectations at Shenandoah South well
Falcon Oil & Gas announced significant achievements at the Shenandoah South 1H (SS-1H) well in EP117 on Monday, surpassing pre-drill expectations.
UK housebuilders face CMA probe over info sharing, home quality
Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
Base Resources confident despite lower product prices
Base Resources reported a decrease in average achieved product prices in its half-year results on Monday, as rutile prices declined by 4%, ilmenite by 9%, and zircon by 18%.
Serica Energy finalises acquisition of Greater Buchan stake
Serica Energy announced on Monday that it had finalised the acquisition of a 30% non-operated stake in the Greater Buchan Area (GBA) licences, comprising P2498 and P2170, from Jersey Oil & Gas (JOG).
New Tristel products recommended for UK, EU certification
Infection prevention products developer Tristel announced the successful conclusion of all reviews required under the UK and European Union medical devices regulations for the approval of its TANK ClO2 sporicidal disinfectant system on Monday.
Ryanair blames Boeing as it revises down passenger forecasts
Ryanair revised down its passenger forecasts and warned of possible flight cancellations over the upcoming summer season on Monday, blaming Boeing over worsening delays in aircraft deliveries.
M&S withholding multi-million pound payment to Ocado over performance failures
Ocado slumped on Monday following a report over the weekend that Marks & Spencer is withholding a multimillion-pound payment to the group after their grocery delivery venture missed key performance targets.
Engage XR reports better-than-expected FY losses
Extended reality technology group Engage XR reported a better-than-expected full-year underlying loss on Monday as revenues came in right in the middle of its guidance range.
Bunzl shares slide on margins warning as US ops weigh
Shares in Bunzl slipped on Monday as the distribution specialist said it expected a slight fall in operating margin after posting a 10% rise in annual profits, as revenues were hit by weaker trading at its North American operations.
Heathrow denies report that third runway has been scrapped
London's Heathrow Airport has denied a report by the Sunday Times that plans to add a third runway had been shelved.