News And Announcements
Ethernity joins Intel's 'Network Builders' programme
Technology solutions provider Ethernity Networks has joined the Intel ‘Network Builders’ programme, it announced on Monday.
Blue Star's SatoshiPay selects Lumen as preferred cryptocurrency
Technology-focussed investing company Blue Star Capital announced on Monday that its investee company, SatoshiPay, has agreed to partner with the Stellar Development Foundation (SDF) as the underlying cryptocurrency ledger for SatoshiPay's settlement system.
AFH Financial completes acquisition of Britton
Financial planning led wealth management firm, AFH Financial Group, has completed the acquisition of Colchester-based Britton.
Taylor Wimpey sales rate slows in second half
Housebuilder Taylor Wimpey has reported a slowing in its sales rate in the second half of the year but said it still expected full year results to hit their targets.
Ladbrokes Coral revenues return to growth despite retail decline
Bookmaker Ladbrokes Coral's revenues returned to growth in the third quarter but retail revenues fell and declines at its Ladbrokes. com website were worse than expected.
John Laing Infrastructure sees growth as mature markets slow
International infrastructure investment company John Laing Infrastructure Fund updated the market on its trading on Monday, reporting underlying growth in its portfolio value for the nine months to 30 September of 5. 5% to £1. 23bn, on a rebased value of £1. 16bn.
Senior optimistic about profits as King appointed to take chair
Senior has appointed former BAE Systems boss Ian King as its chairman-designate, won a long-term component supply contract with Boeing on a range of its next generation of aeroplanes and said its expected full year results to be slightly better than forecast.
Heath Drewett to take the financial reins at Aggreko
Aggreko announced the appointment of Heath Drewett as its chief financial officer on Monday, following the announcement on 6 June that Carole Cran had tendered her resignation in order to become CFO of Forth Ports.
Polymetal upbeat on initial ore estimates for Nezhda
Polymetal International reported the initial ore reserve estimate for its Nezhda gold property on Monday, in accordance with the JORC Code, confirming that open-pit ore reserves were estimated at 15. 5 Mt of ore with an average gold equivalent grade of 4. 0 grams per tonne for 2. 0 Moz of gold equivalent contained.
Softcat appoints Graeme Watt as new CEO
Softcat, which provides IT infrastructure products and services, has announced the appointment of Graeme Watt as chief executive with effect from 1 April 2018, replacing Martin Hellawell.
Old Mutual sells down OMAM holding to 5.5pc
Old Mutual announced on Monday that the sale of the second tranche of OM Asset Management shares to HNA Capital US has completed.
Vodafone India and Idea Cellular selling towers as part of merger plans
Vodafone Group announced on Monday that its India division and Idea Cellular have separately agreed to sell their respective standalone tower businesses in India to ATC Telecom Infrastructure for an aggregate enterprise value of INR 78. 5bn.
Rentokil Initial takes on American mosquito control firm
Rentokil Initial announced on Monday that is has acquired North America’s largest provider of mosquito control services, Vector Disease Acquisition, for an undisclosed consideration.
Dignity profit rises even as deaths broadly flat
Funeral services provider Dignity reported an increase in revenue and profit in the third quarter, even as the number of deaths was broadly flat.