Company News
Director dealings: Mitchells and Butlers CFO sells shares
Mitchells & Butlers revealed on Monday that chief financial officer Timothy Jones had disposed of 89,448 ordinary shares in the FTSE 250-listed pub operator.
US manufacturing PMIs increase in November
The Institute for Supply Management's manufacturing purchasing managers index increased to 48. 4 in November, up from 46. 5 in October and ahead of forecasts of 47. 5.
Intel CEO Pat Gelsinger retires
Intel said on Monday that chief executive Pat Gelsinger has retired after four years in the job.
Power Metal Resources reports exploration progress at Drake Lake
Power Metal Resources announced on Monday that its uranium-focused joint venture with UCAM has been renamed Fermi Exploration, in tribute to physicist Enrico Fermi.
St James’s Place planning to cut 500 jobs - report
British wealth manager St James's Place is reportedly planning to make around 500 layoffs in the coming months.
Haydale Graphene reports revenue growth, operational progress
Advanced materials group Haydale Graphene Industries reported revenue growth and ongoing strategic developments in its final results on Monday.
Greatland Gold set to complete Newmont acquisitions this week
Greatland Gold announced on Monday that completion of its acquisition of a 70% stake in the Havieron gold-copper project, 100% ownership of the Telfer gold-copper mine, and related Paterson region assets from Newmont Corporation, had been scheduled for 4 December.
Thames Water taps Julian Gething for chief restructuring officer
Embattled utility provider Thames Water has tapped AlixPartners' Julian Gething to oversee its debt restructuring as it looks to evade temporary nationalisation.
Delivery Hero tumbles on change to Spanish worker conditions
Delivery Hero's shares tumbled on Monday morning, after the company announced a major operational shift for its Spanish subsidiary Glovo.
Faron Pharmaceuticals reports regulatory progress in the UK
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced significant regulatory progress in the UK for its lead asset bexmarilimab on Monday.
Gamma Communications planning move to London's main market
Gamma Communications announced plans to transition to the premium listing segment of London’s main market on Monday, targeting completion by mid-2025.
PetroTal upbeat as it takes over Peru's block 131
PetroTal announced the completion of its acquisition of a 100% working interest in Peru's block 131 on Monday, following its agreement to purchase CEPSA Peruana, the Peruvian business unit of Compañía Española de Petróleos (CEPSA).
Supreme buys Typhoo Tea for £10.2m
AIM-listed Supreme confirmed on Monday that it has bought Typhoo Tea out of administration for £10. 2m in cash.
K3 Business Technology proposes sale of NexSys Solutions arm
K3 Business Technology has proposed the sale of its NexSys Solutions unit to Advent-backed software firm SYSPRO for £36. 0m.
Brooks Macdonald expands in East Anglia with Lucas Fettes acquisition
Brooks Macdonald Group announced the completion of its acquisition of Lucas Fettes Financial Planning, a Norwich-based financial planning provider, on Monday.
Stellantis shares slump after CEO's shock departure
Shares in auto giant Stellantis slumped on Monday after the shock resignation of Carlos Tavares as the chief executive over the weekend.
Boohoo repays £50m of its £97m term loan
Boohoo Group announced the repayment of £50m from its £97m term loan on Monday, as part of its recently completed refinancing arrangements.
Topps Tiles hits back after MS Galleon criticism
Topps Tiles hit back on Monday after its largest shareholder MS Galleon criticised the tile specialist for a series of "costly blunders" and called on the board to overhaul its senior management and strategy.
Metals Exploration makes takeover bid for Condor Gold
Condor Gold said on Monday that it has received a non-binding takeover offer from AIM-listed group Metals Exploration.
Pulsar Group sells most of its Trailight stake
Pulsar Group announced the sale of most of its 21% stake in TrackRecord Holdings, the parent company of compliance management firm Trailight, for £1. 4m in cash on Monday.