News And Announcements
Balfour Beatty accused of delaying Woolwich Crossrail site by unions
The opening of the new Crossrail station in Woolwich will almost certainly be delayed as a result of Balfour Beatty's refusal to resolve an industrial dispute with its employees, trade union Unite said.
Vodafone's on-off talks with Liberty Global back to 'early stages' again
Vodafone confirmed it was in talks with Liberty Global about potentially buying some of the Virgin Media owner's continental European assets.
Hargreaves Lansdown appoints Deanna Oppenheimer as new chair
Bristol based financial service company Hargreaves Lansdown appointed Deanna W. Oppenheimer to take over from non-executive chairman Mike Evans, who will retire from the board next Wednesday.
Scientific Digital Imaging acquires Quantum assets
Life science, healthcare, astronomy, consumer manufacturing and art conservation technology products designer Scientific Digital Imaging announced on Friday that it has now acquired certain fixed assets, stock, designs and trademarks from Quantum Scientific Imaging.
Ophir and partners awarded two blocks in Mexican offshore bid round
Ophir Energy announced on Friday that, together with its joint venture partners, it has been awarded Block 10 and Block 12 as part of the Mexico offshore bid round 2. 4.
Co-op Bank poaches Dench from Paragon to carry on turnaround
Bob Dench, the chairman of Paragon Banking Group, will be stepping down from the board after 14 years at the company to take up a new position as chairman of the Co-operative Bank.
John Laing Environmental invests in Icknield Farm anaerobic digestion plant
Environmental infrastructure fund John Laing Environmental Assets Group announced an investment in the Icknield Farm anaerobic digestion (AD) plant on Friday.
UK plans unlimited fines for car firms that cheat emission rules
Car firms that cheat environmental tests could face unlimited fines or criminal charges in new UK government clampdown.
Purplebricks tumbles again as it hits back at Jefferies
Shares in Purplebricks tumbled again on Friday after ending the previous session down 7. 5%, a move the online estate agent put down to a Jefferies note.
Legacy issues overshadow performance at IFG
Financial services company IFG Group updated the market on its trading on Friday, reporting ongoing positive progress progress in the implementation of its strategy of developing its two first class, client-centric businesses.
Braemar Shipping Services buys up Atlantic Brokers
Braemar Shipping Services announced the acquisition of an established broker of physical and financial coal products, Atlantic Brokers for a total consideration of £4. 8m on Friday.
Carillion workers transferred to other contractors, fate of 18,500 undecided
Almost 380 Carillion workers have lost their jobs this week but more than 900 jobs have been saved, the Official Receiver said after taking control of the collapsed outsourcing group last month.
Vedanta Resources makes solid third quarter progress
Vedanta Resources posted its production and financial results for its third quarter on Friday, with refined zinc-lead metal production at Zinc India up 7% quarter-on-quarter at 245kt.
BT shares lower as Q3 results disappoint; worries over FY target
BT shares were lower on Friday after lower-than-expected third quarter revenues and investor doubts that it could hit full year targets.
Cobham to divest AvComm and Wireless test bussinesses for $455m
Cobham has entered a conditional agreement to divest its AvComm and Wireless test and measurement businesses to Viavi Solutions Inc. for $455m in cash (around £325m), part of which will be used to pay down debt.
BT Q3 revenues, profits fall further than expected
Telecoms-to-television outfit BT reported worse-than-expected third quarter revenues and adjusted profits as investment on mobile devices, higher business rates and pension costs all took a toll.
Ryanair traffic rises 6% in January
Budget airline Ryanair has reported a 6% rise in January traffic as the load factor ticked higher.
US tax reform to be 'significantly positive' for National Grid customers
National Grid updated the market on the expected impact the US Tax Cuts and Jobs Act would have on the group on Friday, reporting that overall, the US tax reform changes were “significantly positive” for its US customers and economically neutral for National Grid itself.
AstraZeneca earnings fall less than expected, faces US lawsuit from Array
Drug maker AstraZeneca reported total revenue down 2% last year and core earnings per share down just 1%, having a year ago feared a fall in the mid-teens, but news of a US lawsuit rained on the parade somewhat.