News And Announcements
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Nostrum financially strong after Q3 as operational struggles show
Nostrum Oil & Gas updated the market on its operations for the nine-month period to 30 September on Tuesday, confirming average production of 44,879 barrels of oil equivalent per day (boepd) for the period.
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Sanne Group issues tranche of shares one year after FLSV acquisition
Sanne Group confirmed on Tuesday that applications have been made to the Financial Conduct Authority and the London Stock Exchange for 477,567 shares to be admitted to the premium listing segment of the Official List and to trading on the Main Market, related to the company’s acquisition of FLSV Fund Administration Services.
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Just Eat lifts full-year revenue guidance after solid Q3
Just Eat bumped up its full-year revenue guidance on Tuesday as it reported a 47% jump in group revenue for the third quarter.
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Weir warns on profits as minerals operations hit
Weir Group warned on Tuesday that operating profit for the year is expected to be lower than previously indicated due to its minerals operations, despite a strong showing in the oil and gas division.
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Croda performs well in Q3 despite some regional challenges
Speciality chemical company Croda International said on Tuesday that the improved sales trend seen in the first half of 2017 continued through the third quarter, with group constant currency sales up 4. 4% in the quarter and 4. 0% year-to-date.
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WPP winds down guidance again as Sorrell makes plans for 'piranhas'
Sales remained negative for WPP in the third quarter as the advertising market continued to be hit by client cost saving, with America proving the most challenging.
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BT, providers working out how to pay for gigabit future
After a period of consultation, BT announced on Tuesday that the UK's communications providers have “welcomed” the ambition of its network division Openreach to build a “large-scale” fibre-to-the-premises (FTTP) network across the country.
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Carillion disposes of Ask stakes for £13.8m
Carillion has sold its majority stakes in two commercial property development companies for £13. 8m in cash to Dukehill.
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DS Smith half-year trading in line
FTSE 250 packaging company DS Smith said trading in the half-year was in line with its expectations, with return on average capital employed at the upper end of the target range.
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BP to buy back shares after third quarter profit beats forecasts
BP announced a plan to buy back shares as Britain's second-biggest oil company beat expectations for third-quarter profit.
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Glencore to ditch Hong Kong share listing
Anglo-Swiss commodity trading and mining group Glencore said on Tuesday that it plans to delist its shares from the Hong Kong Stock Exchange at the end of January next year.