Company News
Friday preview: US consumer confidence, UK retail sales in focus
The market spotlight at the end of the week will continue to be on the US, where a flurry of economic indicators are due out.
Director dealings: Genedrive chairman snaps up shares
Genedrive revealed on Thursday that chairman Ian Gilham had acquired 1. 0m shares in the AIM-listed pharmacogenetic testing company.
UBS to liquidate Credit Suisse real estate fund
UBS said on Thursday that it will liquidate a real estate fund inherited when it took over Credit Suisse which is valued at more than $2bn.
Carrier Global to sell commercial and fire business for $3bn
Carrier Global said on Thursday that it has agreed to sell its commercial and residential fire business to an affiliate of private equity firm Lone Star Funds for $3bn.
Atome completes Paraguay free trade zone agreement
Green fertiliser project developer Atome announced the completion of a formal free trade zone (FTZ) contract for its flagship 145 MW Villeta project in Paraguay on Thursday.
TPG reportedly shortlisted as possible easyHotel buyer
Private equity firm TPG has been shortlisted as a potential buyer for the easyHotel chain of budget accommodation, it was reported on Thursday, valued at about £400m.
Polarean Imaging retains co-founder on consultant basis
MRI technology specialist Polarean Imaging announced the appointment of Bastiaan Driehuys as a consultant to the company on Thursday, effective immediately.
Gattaca delivers 'resilient' FY performance
Staffing business Gattaca said on Thursday that it had delivered a "resilient performance" in the twelve months ended 31 July, in line with market expectations.
Redcentric reports solid full-year figures
Managed IT service provider Redcentric reported a robust full-year financial performance on Thursday, alongside significant progress in operational integration.
Quantum Blockchain shares slide on crypto mining method update
Quantum Blockchain Technologies shares were sliding on Thursday, after it updated the market on its recent activities aimed at developing disruptive bitcoin mining technologies.
Admiral shares surge on special dividend, profit jump
Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.
Capital confident despite some first-half weakness
Mining services company Capital reported a mixed first half on Thursday, as it continued its strategic expansion and investment in new growth areas.
3i Infrastructure investee buys majority stake in JLEN AD portfolio
3i Infrastructure portfolio company Future Biogas has acquired a 51% stake in a portfolio of six anaerobic digestion facilities from JLEN Environmental Assets Group, it was announced on Thursday, for £68. 1m.
Empiric Student Property confident after solid first half
Empiric Student Property reported a strong financial and operational first-half performance on Thursday, with a strategic shift towards growth as the company capitalised on favourable market conditions.
OSB Group shares slide on lower margin forecast
Shares in specialist lender OSB Group were sliding on Thursday morning despite a robust set of first-half results, as it cut its net interest guidance for the full financial year.
ITM Power FY revenues more than triple, guidance disappoints
Energy storage and clean fuel company ITM Power said on Thursday that revenues had more than tripled in the 12 months ended 30 April.
Judges Scientific acquires Teer Coatings in £12m deal
Specialist scientific instrument investor Judges Scientific announced the acquisition of Magsputter, the holding company of Teer Coatings, on Thursday.
C&C Group on track despite mixed summer weather
C&C Group said in a trading update on Thursday that despite challenging weather conditions in June, its earnings for the year to date were in line with expectations, with a strong outlook for the rest of the financial year.
Rank Group swings back into the black
Rank Group said on Thursday that it swung back into the black in the year to the end of June as the Mecca Bingo and Grosvenor owner hailed a year of strong financial progress.
Diversified Energy delivers 'strong' H1 results
Gas and oil production company Diversified Energy delivered strong H1 results on Thursday.