Company News
Tuesday preview: US retail sales, Kingfisher in focus
Investors' focus on Tuesday will be on the latest industrial production and retail sales numbers out of the US.
BP to sell off US onshore wind arm
BP is planning to offload its onshore wind division in the US, disposing of interests in 10 assets, according to a statement from the energy titan on Monday.
Director dealings: FirstGroup CEO buys shares, Deliveroo chief sells
FirstGroup announced on Monday that its chief executive officer and executive director, Graham Sutherland, had purchased 20,000 shares of the company at 153. 4p per share.
Bausch & Lomb shares jump on spin-off sale hopes
Shares in Bausch & Lomb surged on Monday amid speculation that the North American contact lens and eye care products supplier is exploring a potential sale.
Jackpot for Playtech shares on Caliplay deal, earnings upgrade
Shares in Playtech rose sharply on Monday after the UK gambling technology maker said it had struck a revised deal with Mexican gambling operator Caliente Interactive over their Caliplay joint venture and said annual adjusted earnings would be slightly ahead of expectations, driven by its business-to-business (B2B) division.
Sareum shares rise on China patent allowance
Cambridge-based biotechnology firm Sareum Holdings announced on Monday that it has received a notice of allowance from the China National Intellectual Property Administration for its patent application concerning crystalline forms of SDC-1801.
Harland & Wolff set to enter administration
Belfast shipbuilder Harland & Wolff on Monday said it would enter administration this week after failing to find new cash sources.
Manx Financial buys rest of Payment Assist earlier than planned
Manx Financial Group, a diversified financial services provider in the Isle of Man and the UK, announced the accelerated acquisition of the remaining 49. 9% interest in Payment Assist on Monday.
Flutter closing in on £2bn acquisition of Playtech’s consumer operations - report
Paddy Power owner Flutter Entertainment is reportedly closing in on a £2bn swoop for the consumer operations of Playtech.
TI Fluid shares surge as Canada's ABC Tech rebuffed twice
Shares in UK automotive parts supplier TI Fluid Systems soared by 15% on Monday as the company said it had rebuffed two approaches from Canada’s ABC Technologies over the past month.
Greencoat Renewables confident despite lower wind in first half
Greencoat Renewables said in its interim results on Monday that despite experiencing a period of low wind resource, it generated 1,927 GWh of clean electricity, up from 1,489 GWh in the same period last year.
Pantheon Resources announces new Houston-based finance chief
Alaska-focussed oil and gas explorer Pantheon Resources announced changes to its board on Monday, with the appointment of Philip Patman Jr as its new chief financial officer.
Thoma Bravo acquisition of Darktrace clears regulatory hurdles
Cybersecurity specialist Darktrace announced on Monday that all regulatory and competition conditions for its acquisition by Luke Bidco had been satisfied.
Henry Boot sells nearly 500 residential plots to Barratt subsidiary
Henry Boot announced on Monday that its land promotion and planning subsidiary Hallam Land has completed the sale of 491 residential plots at the Pickford Gate development in Coventry to David Wilson Homes, a division of Barratt Developments.
MP Evans reports strong first half, extends share buyback
Indonesian palm oil producer MP Evans announced a strong set of unaudited interim results for the six months ended 30 June on Monday, with increases in production, profitability and dividends.
Watchstone Group narrows first-half losses
Watchstone Group announced its results for the six months ended 30 June on Monday, reporting a substantial reduction in operating losses compared to the same period last year.
MaxCyte enters licence agreement with Kamau Therapeutics
Cell engineering technology company MaxCyte announced a strategic platform licence agreement with Kamau Therapeutics, a clinical-stage firm specialising in stem cell gene correction therapies, on Monday.
Apollo invests $1bn into BP's Trans Adriatic Pipeline
American asset management firm Apollo Global Management has invested in BP's part-owned Trans Adriatic Pipeline as part of a $1bn deal.
Rexel shares surge as €8.4bn QXO bid rebuffed
Shares in Rexel surged on Monday after the French electrical parts company rejected a takeover offer from QXO of the US, valuing it at €8. 46bn.
TT Electronics downgrades full-year outlook, shares tumble
TT Electronics tumbled on Monday as it downgraded its full-year outlook, citing "operational efficiency issues" in two North American sites.