Company News
Dr Martens shares stride ahead on Xmas sales hopes despite H1 loss
Shares in Dr Martens surged on Thursday on signs of “encouraging” trading since the start of the autumn/winter season despite the troubled footwear maker swinging to a loss for the half year as its woes in the US continued.
Typhoo Tea collapses, Supreme in takeover talks
Typhoo Tea, one of Britain’s oldest and most iconic tea brands, crashed into administration on Thursday after years of financial struggles.
Friday preview: UK consumer credit, euro area CPI in focus
The market spotlight at the end of the week will be on the latest consumer credit and mortgage lending figures.
Strategic Minerals extends Cobre access for two more years
Strategic Minerals announced a two-year extension to its access agreement for the Cobre magnetite stockpile in New Mexico on Thursday, pushing the expiration date from 31 March 2027 to 31 March 2029.
Diaceutics reports progress in scaling US strategy
Pharmaceutical and biotechnology specialist Diaceutics announced significant progress in scaling its US commercial strategy on Thursday, through a series of data partnership agreements.
EnSilica reports robust contract momentum
EnSilica, a designer of mixed-signal application-specific integrated circuits (ASICs), announced robust contract momentum and a significant pipeline of opportunities in an update on Thursday.
Kingfisher and M&S express interest in Homebase sites - report
Marks & Spencer and Kingfisher have reportedly both expressed interest in taking over the sites of several Homebase stores after the DIY retailer fell into administration earlier in November.
Ocado Group shares slip as Morrisons stops deliveries from Erith warehouse
Shares in grocery Ocado Group fell on Thursday after the logistics tech firm announced that Morrisons will cease using its customer fulfilment centre (CFC) in Erith for deliveries.
eEnergy secures contract with Newcastle College
Digital energy services provider eEnergy said on Thursday that it has secured a £975,000 contract with Newcastle College Group to deliver a full LED lighting conversion across ten buildings in Newcastle and Carlisle.
Cardiff Property grows profits, but gives cautious outlook
Cardiff Property, the London-listed developer focused on the Thames Valley, reported a 10% increase in annual profits and declared a higher dividend on Thursday, but delivered a cautious outlook regarding how policy changes could affect the property market.
Renewi 'minded to recommend' 870p a share takeover bid from Macquarie
Renewi shares rocketed on Thursday after the waste management company said it was minded to recommend a £700m takeover proposal from Australian investment firm Macquarie Asset Management, should a firm offer be made.
Artemis unveils high-grade sampling results from Thorpe Prospect
Artemis Resources announced high-grade gold and copper assay results from rock chip sampling at its Thorpe Prospect on Thursday, part of the 100%-owned Karratha Gold Project in Western Australia's Pilbara region.
Czech billionaire Kretinsky closing in on deal to buy Royal Mail - report
The sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group is reportedly close to being finalised and could be confirmed in the next two weeks.
Impax revenue, earnings fall as AuM remains steady
Impax Asset Management posted a modest decline in revenue and profits for the year ended 30 September on Thursday, while maintaining steady assets under management.
Revenue, earning fall for James Latham
Timber and panel products specialist James Latham posted a slight decline in revenue and profitability for the six months ended 30 September on Thursday, citing market pressures and changing product dynamics.
Tullow Oil lowers FCF guidance on payment delays
Energy company Tullow Oil lowered full-year free cash flow guidance on Thursday on the back of payment delays.
Amaroq pours first gold at Nalunaq
Amaroq Minerals, an independent mine development company focussed on southern Greenland, announced its first gold pour at the Nalunaq gold mine on Thursday, marking a significant milestone in the mine's development.
THG shares jump as investors welcome demerger plans
Shareholders of THG welcomed the ecommerce group's plans for its demerger on Thursday, with the company outlining proposals to separate its Ingenuity tech arm from its beauty and nutrition businesses.
Fortress Investment snaps up Loungers in £340m deal
Loungers has agreed to be taken over by Fortress Investment Group in a near £340m deal, the UK bar and restaurant operator confirmed on Thursday.
Foresight Group hikes dividend after solid first half
Foresight Group reported a solid set of first-half results on Thursday, underpinned by growth in assets under management and a strong fundraising performance.