Company News
Harland & Wolff hits back at 'misleading' report over possible closure
UK shipbuilder Harland & Wolff has dismissed "misleading and inaccurate" suggestions that it could close after a newspaper report stated the government was about to block a financial support package to keep the Belfast firm afloat.
TUI halves first-half losses after record Q2
A record performance in the second quarter helped travel firm TUI grow first-half revenues by 15% and more than halve underlying losses, as it reconfirmed its guidance for the full year.
Wood Group rejects second takeover proposal from Sidara, shares tumble
Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1. 5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Thursday preview: Philly Fed index, BT Group in the spotlight
Investors' focus on Thursday will be on a raft of economic reports due out in the States.
Thames Water investors set to quit boards - report
Representatives of Thames Water's multinational syndicate of shareholders are reportedly set to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
Keller shares surge after earnings upgrade
Shares in Keller surged by 20% after the geotechnical engineer said its annual earnings would be "materially ahead" of expectations after a strong performance in the first four months of the year.
Royal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group
Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3. 5bn.
Top Mission Group shareholder says Brave Bison bid ‘highly unattractive’
A top Mission Group shareholder said on Wednesday that Brave Bison’s 29p-a-share takeover offer for the digital marketing agency was "highly unattractive".
Clontarf shares pop on progress in Bolivia
Clontarf Energy shares were surging on Wednesday, as it reported significant progress in in Bolivia's lithium sector.
Commerzbank ups NII guidance after stellar Q1
German banking group Commerzbank has raised its forecast for net interest income by €200m after a strong performance in the first three months of the year – its best quarter in more than a decade.
RBC Capital lifts price target on DCC
RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800p from 5,700p after full-year results a day earlier.
Zotefoams reports significant milestone in carton commercialisation
Shares in material solutions group Zotefoams jumped on Wednesday after the company reported progress towards the commercialisation of its ReZorce beverage cartons.
Empire Metals reports latest findings from Pitfield drilling
Empire Metals unveiled the analytical lab results from the final 22 reverse circulation (RC) drill holes at the Pitfield Project in Western Australia on Wednesday.
Abingdon Health launching saliva pregnancy test with Boots
Lateral flow contract development and manufacturing organisation Abingdon Health announced the launch of Boots' own-brand saliva pregnancy self-test across the UK and online on Wednesday, in collaboration with Salignostics and Crest Medical.
Griffin Mining revenue, profits jump in 2023
Griffin Mining reported a substantial increase in revenue in its final results for 2023 on Wednesday, to $146. 02m, compared to $94. 4m in 2022.
Itim Group wins five-year contract renewal with Majestic Wine
Retail software-as-a-service provider Itim Group announced the renewal of a five-year multi-million-pound contract with Majestic Wine on Wednesday, for its ‘Unify’ platform.
Equals Group extends offer deadline as review continues
Equals Group updated the market on its ongoing strategic review on Wednesday, confirming an extension of the put-up or shut-up deadline.
Savills trading ahead of last year despite subdued market
Savills said in an update on Wednesday that its performance for the year-to-date aligned with expectations, surpassing the corresponding period last year.
Alba reports better-than-expected waste tip gold findings
Alba Mineral Resources announced the successful extraction of high-grade gold from samples obtained during the trenching programme at the historic waste tip within its wholly-owned Clogau-St David's Gold Mine in North Wales on Wednesday.
Henry Boot wins £36m Rotherham Markets contract
Henry Boot announced on Wednesday that its construction arm has secured a pivotal contract from Rotherham Council.