News And Announcements
Gordon Dadds completes £4m acquisition of CW Energy
London-based legal and professional services business Gordon Dadds Group has completed the acquisition of the corporate tax advisory business and certain assets of CW Energy for a total initial consideration of £4m, payable in cash over a five-year period, it announced on Wednesday.
SysGroup buys WatchGuard 'platinum partner' Rockford IT
Managed IT services and cloud hosting provider SysGroup has acquired 100% of the issued share capital of Rockford IT, a specialist provider of managed IT, hosting and security services, it announced on Wednesday.
Plus500 extends Aussie rugby sponsorship deal for three years
Online contracts-for-difference trading service provider Plus500 announced on Wednesday that it has extended its sponsorship agreement with the Brumbies to be its official sponsor for the next three years.
Proxama sells payments division, proposes name change
Mobile location and data intelligence specialist Proxama announced the sale of its digital payments division to private Danish company LHH2 APS on Wednesday, for an initial cash consideration of £1m plus potential deferred consideration of up to £1m over the next 18 months, subject to certain performance conditions.
Aston Martin invests in the US as Brexit looms
Aston Martin is increasing investment in the US as it makes contingency plans for Britain leaving the EU.
One Media iP set to meet full-year forecasts
Digital media content provider One Media iP Group updated the market on its trading on Wednesday, ahead of the announcement of its full year results to 31 October, which are expected to be announced in February.
GSK study shows COPD 'superiority' for Anoro Ellipta versus rival
GlaxoSmithKline and Innoviva have published data demonstrating the superiority in improving lung function for patients with chronic obstructive pulmonary disease of their Anoro Ellipta product compared to a rival once-daily long-acting combination therapy, Stiolto Respimat.
Shell completes sale of UK North Sea assets to Chrysaor
Royal Dutch Shell has completed the sale of a package of UK North Sea assets to Chrysaor for up to $3. 8bn.
Imperial Brands snaps up vaping liquid manufacturer
UK tobacco giant Imperial Brands has bought Liverpool-based Nerudia, a supplier of nicotine to the vaping industry, the company confirmed on Wednesday.
Velocity Composites sees continued growth at Burnley site
Advanced composite materials kit supplier Velocity Composites updated the market on its trading for the financial year to 31 October on Wednesday.
FCA reports early results of Arnie PPI claims campaign
Almost 1. 25m visits have been made to find information about claiming payment-protection insurance on the Financial Conduct Authority's dedicated a website since the launch an ad campaign featuring an animatronic model of Arnold Schwarzenegger's head.
EU Supply secures two contract wins and extends a further two
E-procurement software provider EU Supply announced on Wednesday two contract wins with Banedanmark, the Danish railroad authority and the Norwegian Railway Directorate, as it extended a further two with European rail and road authorities.
Inspired Energy reaches deal to pay final STC consideration in cash
Inspired Energy updated the market on the final tranche of deferred consideration for its 2015 acquisition of STC Energy and Carbon Holdings on Wednesday.
Zotefoams expects annual profit at top of expectations
Zotefoams said it expected annual profit at the top of market expectations after the maker of foam products traded strongly in the third quarter.
Safestore completes acquisition of Stork Self Storage
Safestore has completed the acquisition of Stork Self Storage, which it announced on 25 September, in a deal that is expected to be immediately accretive to earnings per share and support future dividend capacity.
Belvoir Lettings 'disappointed' by TPFG's response to merger offer
AIM-listed Belvoir Lettings said it was "disappointed" with the response it received from The Property Franchise Group (TPFG), which rebuffed its merger offer last month.
Dunedin Enterprise upbeat as it realises Kee Safety investment
Dunedin Enterprise Investment Trust announced the successful realisation of its investment in the supplier of safety solutions and products designed to protect people from hazards, Kee Safety, on Wednesday.
Standard Chartered bad loans fall but costs rise sharply
Standard Chartered's profit slightly exceeded expectations in the third quarter but expenses rose sharply at the emerging markets bank.
Next store sales keep falling as 'volatile' trends cloud outlook
Next continued to face declines in full price sales from its shops and week-to-week volatility in the third quarter but thanks to strong online and catalogue growth the clothing retailer stalked on towards its full year targets.
Morgan Sindall sees FY results ahead of previous expectations
Construction services business Morgan Sindall said on Wednesday that it's on track to deliver full-year results slightly ahead of its previous expectations as trading in the second half has continued to be strong.