News And Announcements
Official Receiver announces 101 further job losses at Carillion
More than 100 additional Carillion employees have been made redundant on Thursday, pushing the total figure to 930, according to the Official Receiver.
Compass points towards north end of growth targets
Compass guided towards good growth for the full year after a strong start to the year, though the catering group said the first quarter was soured slightly by higher UK cost pressures.
Ethernity Networks appoints new VP of worldwide sales
Data processing technology Ethernity Networks announced on Thursday that it has appointed Rob O'Hara as its vice president of worldwide sales.
Thor Mining places in trading halt on ASX
Thor Mining confirmed on Thursday that its shares have been placed in a trading halt on the Australian Securities Exchange (ASX) at the request of the company, pending the release of an announcement in relation to a resource announcement on the Kapunda copper project, in which it could earn up to a 45% interest.
Goals Soccer Centres appoints new CEO
Outdoor small-sided soccer centre operator Goals Soccer Centres announced on Thursday that, after what the board called a “rigorous and extensive” search, it has appointed of Andrew Edward Anson as its chief executive with effect from 23 April.
Muddy Waters takes a bite out of Apple supplier IQE
Shares in Welsh Technology firm IQE have tumbled almost 19% after Muddy Waters Capital raised concerns about the company's accounting.
88 Energy shares halted on ASX
88 Energy issued a short update on Thursday, announcing that its shares have been placed in a trading halt on the Australian Securities Exchange, pending the release of an announcement in relation to underwriting of listed options in the company.
Tracsis confirms consideration details for recent acquisitions
Tracsis issued further information on its recent acquisitions on Thursday, having announced the purchase of the entire issued share capital of Travel Compensation Services, Delay Repay Sniper and S Dalby Consulting on 1 February.
Sofology acquisition lifts sales at DFS Furniture
DFS Furniture posted a rise in first-half sales on Thursday thanks to its acquisition of Sofology, as it said full-year expectations remain unchanged.
LMS Capital sells minority interest in Brockton Capital LLP
LMS Capital announced continued progress in the realisation of its portfolio on Thursday, with the sale of its minority interest in Brockton Capital LLP.
Elektron Technology makes good full-year progress
Elektron Technology updated the market on its trading for the financial year to 31 January on Thursday, reporting that group revenue from continuing operations was expected to be approximately £30. 5m - a 10. 9% increase on a like-for-like basis compared to the previous year, returning the business to growth.
Epwin Group confident despite some trading turbulence
Low-maintenance building products manufacturer Epwin Group updated the market on its trading for the year to 31 December 2017 on Thursday, reporting that its operating profits before non-underlying items were expected to be in line with market expectations.
China Nonferrous Gold subsidiary extends procurement agreement
Mineral exploration and mining company China Nonferrous Gold announced on Thursday that LLC Pakrut, its wholly-owned subsidiary, has extended the procurement agreement with China Nonferrous Metals International Mining Company - the company’s 38. 36% shareholder.
Marlowe buys Derbyshire-based water treatment business Future Water
AIM-listed support services group Marlowe has bought Derbyshire-based water treatment company Future Water for up to £640,000.
HSBC upgrades Randgold to 'buy', expects further dividend growth
Analysts at HSBC upgraded their recommendation for shares of Randgold Resources on Thursday from 'hold' to 'buy', telling clients they expect the outfit to hike its payout by 50% in 2018 after the company reported record production and increased profits for its most recent trading year.
Beazley sees premiums rise after year of disasters
Beazley expects double-digit premium growth this year as the insurer emerges from a year when hurricanes, earthquakes and fires battered its profits.
Tesla suffers record loss in fourth quarter of 2017
Elon Musk’s electric car and battery company Tesla has revealed the biggest quarterly loss in the company’s history, though it was not as bad as Wall Street estimates had feared.
Millennium & Copthorne cuts dividend to invest
Millennium & Copthorne has cut its dividend to preserve cash for investment after a year in which the hotel group struggled to adjust to travellers booking online and rising costs.
GSK's HIV asset ViiV launches major new study
ViiV Healthcare, the specialist HIV company majority owned by GlaxoSmithKline, with Pfizer and Shionogi as shareholders, announced the start of a major study on Thursday.
NewRiver chief executive steps down, replaced by son
David Lockhart, chief executive of real estate investment trust NewRiver, has decided to take a leave of absence from the company, citing ill health.