News And Announcements
Cairn Energy finds oil in latest Senegal drill test
Cairn Energy said it had found oil at its latest drill site off Senegal.
ITM Power signs fuel contract with Honda UK
AIM-listed energy storage and clean fuel company ITM Power has signed a fuel contract with Honda UK for its fuel cell powered vehicles.
Next 15 buys B2B digital agency Velocity Partners
AIM-listed digital communications group Next 15 announced the acquisition of UK-based B2B digital agency Velocity Partners for an initial consideration of £5. 9m.
Gocompare sees first-half profit up 22%
Price comparison website Gocompare. com said on Tuesday that it expects to report a 22% increase in first-half adjusted operating profit, driven mostly by an improvement in marketing margin.
Galliford Try sees FY at upper end of forecasts
Construction group Galliford Try said its full year profits would be at the upper end of analysts forecasts of £46m - £59m although it sounded a note of caution about political uncertainty in the UK after June's General Election.
TUI to increase reinvestment after completing Hapag sale
Travel operator TUI has raised €244. 4m (£216m) from selling off its last stake in container shipping business Hapag-Lloyd.
PageGroup sees record gross profit in Q2
Recruitment firm PageGroup saw record gross profit in its second quarter, it reported on Tuesday, with the figure rising by 7. 7% after the period was impacted by the timing of Easter.
Grafton posts rise in first-half revenue
Builders' merchant Grafton Group posted a rise in first-half revenue on Tuesday but sounded a cautious note on the short-term prospects for the UK business.
Pearson sells 22% stake in Penguin Random House to Bertelsmann for $1bn
Publishing house Pearson said it was selling a 22% stake in Penguin Random House (PRH) to Bertelsmann for $1bn (£776m) to strengthen its balance sheet, with £300m ($386m) being returned to shareholders.