News And Announcements
Black Friday deals not so cheap, says Which?
Black Friday is not the cheapest time to buy coveted new products, investigation from an independent UK consumer body has found.
British Airways's plan for passengers paying least to board last prompts negative reaction
British Airways's plans to introduce a policy whereby those purchasing the cheapest tickets will be called last has prompted a a very negative reactions from its passengers.
Tlou Energy raises £2.4m, prepares to list in Botswana
Botswana and southern Africa-focussed coalbed methane developer Tlou Energy has entered into conditional subscription agreements with investment funds managed by African Alliance Botswana, a “leading asset manager” based in Botswana, it announced on Monday.
ADVFN forms conference venture for cannabis, blockchain tech
Financial market information provider ADVFN announced on Monday that, following the MJAC2017 exhibition organised by its US platform InvestorsHub. com, and launched in Los Angeles during September, its has formed a new venture titled MJAC InvestorsHub International Conferences.
Shire appoints Thomas Dittrich as CFO
Biopharmaceutical company Shire said on Monday that Thomas Dittrich will take up the role of chief financial officer early next year following a transition period from his current employer, Swiss engineering and manufacturing group Sulzer.
Centrica drops standard variable tariff, sets out vision for energy industry
British Gas owner Centrica will replace its standard variable tariff with new fixed-term tariffs as it called on the government, energy regulator and industry to make several changes to "create a market that works for everyone".
Mitie first-half profit drops despite revenue rise
FTSE 250 outsourcer Mitie posted a drop in profit for the first half on Monday despite a rise in revenue, as it continues to invest in its cost-saving programme.
Mediclinic withdraws as Spire Healthcare rejects renewed offer
Mediclinic International has walked away from talks to take over Spire Healthcare after the UK-focused hospital operator rejected a renewed offer.
Suspension lifted on Accrol shares as it raises £18m
Tissue converter Accrol Group Holdings announced a proposed placing and the lifting of its suspension from trading on Monday.
Xaar lowers revenue expectations amid production difficulties
Industrial inkjet technology provider Xaar updated the market on its current trading on Monday, reporting that revenue in the second half was now expected to be “broadly in line” with the first half.
TT Electronics trading well after transportation sale
Engineered electronics provider TT Electronics updated the market on its trading for the four months to the end of October on Monday, reporting that trading for the group had been positive, with the growth trends experienced in the first half in sensors and specialist components, and power electronics, continuing.
SDX Energy upbeat on latest developments at Sebou
North Africa-focussed oil and gas company SDX Energy updated the market on its KSR-14 and KSR-15 development wells on the Sebou permit in Morocco, in which it has a 75% working interest, on Monday.
Barloworld maintains strength in full-year numbers
Industrial brand management company Barloworld maintained its revenue and operating profit levels from continuing operations in the year to 30 September, it reported on Monday, at ZAR 62bn and ZAR 4. 1bn, respectively.
Marvell Technology to buy Cavium in $6bn deal
Marvell Technology has agreed to buy Cavium in a deal valued at around $6bn.
Diploma's double-digit profit growth under controls
Industrial component distributor Diploma grew annual pre-tax profit 19% and upped its dividend 15%, principally driven by increased activity in its controls unit.
Carillion wins place on UK school-building framework
Carillion has been chosen as one of nine contractors to work on two lots on the government's school building framework, which it said should be worth a combined £2. 6bn to the companies involved.
William Hill canters through third quarter
Bookmaker William Hill lifted net revenues 4% in the third quarter, with growth speeding from the first half of the year thanks to the McGregor-Mayweather fight.
Glencore appoints CFO to Katanga board after internal review
Glencore said on Monday that it has nominated three new directors to the board of copper producer Katanga following the completion of an internal review of the group's accounting practices and the restatement of its financial statements.
Tritax Big Box adds three large properties
Tritax Big Box announced on Monday that it has exchanged contracts to acquire three properties in Harlow, Worksop and Carlisle Lake District Airport on Monday.
Wood Group inks operating partnership with Ancala for North Sea pipeline
Energy services firm John Wood Group began operations on a multi-million dollar contract on Monday that would see it act as the operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline.