News And Announcements
Peel Hotels suffers in first half
Peel Hotels reported a 5. 1% decrease in sales in its interim results on Friday, to £8. 65m, while operating profit fell 31. 3% to £0. 6m.
British fashion retailer Jigsaw searching for a new buyer
Luxury British fashion retailer Jigsaw is on the look-out for a new buyer on Friday, as the company battles with weakening retail sales and rising inflation.
New Saudi plastics laws boost Symphony Environmental
So-called smart plastics technology company Symphony Environmental Technologies updated the market on its trading on Friday, following the “positive start” to the second half of the year announced in its interim results on 7 September.
Disappointments continue for recently-minted System1 Group
Marketing services group System1 reported a 10% revenue decline in its first half on Friday, to £13. 82m, or 12% at constant currency.
ATTRAQT lowers guidance following financial review
ATTRAQT Group updated the market on its “detailed review” of its forecasts on Friday, which was initiated at the board’s request following the appointment of Eric Dodd on 1 September.
Connemara completes drilling and sampling at Inishowen
Connemara Mining confirmed on Friday that drilling at the Meeneragh gold target, and further sampling at new gold targets has now been completed.
Caspian Sunrise confirms fresh agreement with Kazakh authorities
Central Asian oil and gas company Caspian Sunrise updated the market with news of the extension of its licence at its flagship BNG Contract Area on Friday.
Personal Group sees FY revenue below last year
AIM-listed Personal Group said on Friday that revenue for the current year is now expected to be lower than in 2016, but it will meet its full year earnings profit expectations.
Shire third-quarter earnings up 20%, reiterates FY guidance
Shire posted a jump in third-quarter earnings on Friday thanks in part to its immunology franchise, as it reiterated its full-year guidance.
Clariant and Huntsman drop merger plans on activist investor pressure
Swiss chemicals company Clariant and US-based Huntsman Corp have reached a mutual agreement to drop their proposed merger of equals following pressure from US activist investors.
Xpediator gobbles up Benfleet Forwarding
Freight management services provider Xpediator announced on Friday it has acquired the UK-based international freight forwarder Benfleet Forwarding.
John Johnston out, Alan Lovell in at Flowgroup board
Energy services and residential gas and electricity supply company Flowgroup announced the appointment of Alan Lovell to the board as non-executive chairman on Friday, effective as of Thursday.
Pennsylvania law change set to boost GAN in 2018
Supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, GAN, was welcoming the final approval by the Pennsylvania House of Representatives of HB 271, a bill that includes provisions for the legalisation of full real money Internet casino gaming in the state, on Friday.
RBS swings to profit in third quarter
Royal Bank of Scotland said on Friday that it swung to a profit in the third quarter as restructuring and conduct costs fell.
Hardide raises £2.54m to invest in new reactors, strengthen balance sheet
AIM-listed Hardide has raised £2. 54m in an oversubscribed fundraising at 1. 7p per share, to invest in new reactors and strengthen the company's balance sheet .
Tullow Oil gushes lower as it plugs and abandons Araku-1 exploration well
Shares in Tullow Oil gushed lower on Friday after the company said its Araku-1 exploration well in Suriname found no significant reservoir quality rocks and is now being plugged and abandoned.
Laird Q3 revenue rises, sees FY profit at top end of market forecasts
Laird reported a rise in revenue for the third quarter and said it expects full-year profit to be towards the top end of current market forecasts.
CMA to investigate hotel booking sites
The Competition and Markets Authority has announced plans to investigate hotel booking sites to find out whether customers are being misled.
Hastings nine-month gross written premiums up 25%, market share rises
FTSE 250 insurer Hastings posted a rise in gross written premiums for the first nine months of the year as the number of live customer policies increased and the company said it is on track to meet all of its targets for 2019.
Elementis in line in third quarter as it prepares sale of surfactants unit
Speciality chemicals company Elementis performed in line with expectations in the third quarter, it said on Friday, reportedly seeing a continuation of the trends it experienced in the first half of the year.