Company News
Tata workers to stage first UK steel strike in over 40 years
Trade union Unite announced on Friday that around 1,500 Tata workers based in Port Talbot and Llanwern would start an all-out indefinite strike, starting on 8 July.
Director dealings: Ferguson director invests, PensionBee board members place shares
Ferguson and PensionBee were among the companies announcing significant transactions by directors on Friday.
StanChart planning to set up crypto trading desk - report
Standard Chartered is reportedly setting up a trading desk for Bitcoin and Ether, making it one of the first global banks to enter spot cryptocurrency trading.
JLEN Environmental reports resilient full-year performance
JLEN Environmental Assets Group reported a resilient financial performance for the year ended 31 March on Friday.
Rockhopper receives first funds from Ombrina Mare arbitration
Rockhopper Exploration announced the receipt of the first tranche of funds from the monetisation of its Ombrina Mare arbitration award on Friday.
Election nerves cast shadow over UK economy - PMI
Growth in the UK private sector unexpectedly slowed in June, a closely-watched survey showed on Friday, as uncertainty around the general election weighed on business.
Strategic Minerals swings to full-year pre-tax loss
Strategic Minerals reported a challenging year in its final results on Friday, marked by significant financial and operational hurdles.
Jaywing draws second tranche of working capital loan
Marketing and data science company Jaywing updated the market on its loan facility on Friday.
Tertiary Minerals says Konkola West drilling slower than expected
Tertiary Minerals updated the market on its drilling activities at the Konkola West Copper Project on Friday.
Andrada Mining shares drop on Q1 update
The market value of Andrada Mining sunk by more than a tenth on Friday after the Namibia-focused miner reported that plant outages kept a lid on tin processing rates in its first quarter, though the company said it was well placed to take advantage of the recent rise in tin prices.
Pennant International reports record gross profit margin
Pennant International reported a successful return to operating profit in its final results on Friday, achieving a record gross profit margin.
Ondine Biomedical's Steriwave added to NHS Supply Chain
Life science company Ondine Biomedical announced on Friday that its ‘Steriwave’ nasal photodisinfection treatment was now available through the NHS Supply Chain.
Touchstone acquisition of Trinity clears a regulatory hurdle
Trinity Exploration and Touchstone Exploration updated the market on Friday, on the regulatory conditions for the recommended all-share acquisition of Trinity by Touchstone.
NewRiver upbeat on strengthening retail sector
NewRiver Reit said it remained confident for the future on Friday, on the back of a strengthening retail sector and a "strong" operational performance.
Braveheart swings to loss in 'challenging' year
Shares in Braveheart Investment Group were in the red on Friday morning, after it reported a significant shift in its financial performance in its final results.
Compass to repurchase up to $250m worth of shares
Compass Group announced an agreement to repurchase up to $250m (£196. 7m) of its ordinary shares on Friday.
Britvic rejects £3bn approach from Carlsberg, shares fizz
Shares in Britvic soared in early trading on Friday, after the soft drinks firm rejected a fresh approach from brewing giant Carlsberg Group.
Gulf Keystone returns a further $15m to shareholders
Kurdistan-focused oil producer Gulf Keystone saw shares jump on Friday after announcing it would return a further $15m to shareholders by way of an interim dividend following a solid performance in its first half, just one month after announcing a $10m share buyback programme.
M&C Saatchi appoints Simon Fuller as CFO
UK advertising group M&C Saatchi has appointed Simon Fuller as chief financial officer, effective July 1, the company said on Friday.
Informa sees FY earnings at upper end of forecasts
Events group Informa on Friday said it was on track to deliver earnings at the upper end of guidance as revenues grew by 10. 1% in the year to date.