Company News
Tuesday preview: Global PMIs, Jupiter Fund Management in focus
Financial markets' attention on Tuesday will be trained on a raft of purchasing managers surveys due out covering manufacturing and services sector activity in the euro area, UK and U. S.
Director dealings: Windar Photonics director raises stake
Windar Photonics revealed on Monday that non-executive director Paul Hodges had acquired 220,000 ordinary shares in the AIM-listed wind sensor developer.
CoStar to buy Matterport in $1.6bn deal
CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1. 6bn deal.
Hipgnosis shares spike again as Blackstone enters fray
Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1. 5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.
Alliance Pharma delays preliminary results
International healthcare group Alliance Pharma announced the postponement of its preliminary results for the year ended 31 December on Monday.
Revenue up, adjusted earnings down for Lok'nStore
Self-storage operator Lok'nStore Group reported a 4. 3% increase in revenue in its interim results on Monday, to £14. 17m, with headline self-storage revenue rising 4. 9% to £13. 33m.
Elixirr International posts solid set of final results
Challenger consultancy Elixirr International reported a solid financial upswing in its final results on Monday, with revenue up 20% year-on-year at £85. 9m.
Redwheel calls for regulator to scale back Royal Mail delivery requirements
Royal Mail owner International Distributions Services' third-largest shareholder said the company was "vulnerable to corporate predators" as a result of obligations requiring it to deliver letters six days a week.
Quanex to buy Tyman in £788m deal
Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.
Thames Water looks to hike consumer bills by as much as 44%
Heavily indebted utility provider Thames Water will look to convince industry regulator Ofwat to allow it to hike consumer bills by as much as 44% over the next five years.
PayPoint considers buyback after strong full year
PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Asda underlying profit jumps 24% in 2023
Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Angle granted European patent for CellKeep, US patent imminent
Liquid biopsy specialist Angle announced on Monday that it has received a European patent for its ‘CellKeep’ slide, as it anticipated the imminent grant of an equivalent US patent application.
Gem Diamonds recovers 169-carat white diamond in Lesotho
Gem Diamonds announced the retrieval of a notable 169. 15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.
Galp shares surge on news from Namibia's Mopane field
Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.
Chill Brands suspends CEO amid inside-information allegations
Shares in Chill Brands tanked on Monday morning after the vape maker announced it had suspended its chief executive pending the results of an investigation into the use of inside information.
Helical reports progress across its portfolio
Helical updated the market on its trading from 8 January to 19 April on Monday, reporting a series of developments across its portfolio.
Anglo American to oppose any Kabwe claim appeal
Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers “misconceived”.
Frasers Group stops FRC from publishing key findings of review - report
Mike Ashley’s Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group’s latest annual report.