News And Announcements
Tiffany's 2018 guidance takes shine off fourth quarter quarterly results
Tiffany&Co. beat analysts' expectations for its fiscal fourth quarter but its guidance for the year ahead fell short, sending its shares duly lower.
Veltyco acquisition of RULEO Alpenland delayed
Veltyco updated the market on the potential acquisition of RULEO Alpenland on Friday, saying that while due diligence work and formal documentation was at an advanced stage, it was not yet completed.
Landore Resources raises £3.15m in big share issue
Landore Resources announced on Friday that it has raised gross proceeds of £3. 15m through a placing and subscription of 210 million new ordinary shares, at a price of 1. 5p each, with new and existing institutional investors.
Mosman makes further progress with its US assets
Oil exploration, development and production company Mosman Oil and Gas announced continued progress in respect to its US assets on Friday.
Papua Mining granted mining permit in Queensland
Gold and copper exploration company Papua Mining announced on Friday that the it had been granted the Monarch Exploration Permit to Mine, EPM 26726, in Queensland, Australia through its 100%-owned subsidiary BGM Investments.
Avanti Communications reassures investors after satellite launch delay
Avanti Communications Group has been advised by Arianespace of a delay to the launch of its HYLAS 4 satellite, it announced on Friday.
NEX rockets after CME Group makes takeover approach
NEX Group shares shot up to an all-time high after the inter-dealer broker, formerly known as ICAP, confirmed overnight that it has received a preliminary approach by US giant CME Group regarding a potential takeover.
Premier African Minerals raises £0.4m, will cancel Darwin Capital warrants
Premier African Minerals announced a placing today to raise £0. 4m before expenses at an issue price of 0. 16p per new ordinary share, it announced on Friday.
Summit Germany uses bond issue proceeds to pay down debt
Summit Germany announced on Thursday that, following receipt of the proceeds from its recent bond issue, it has repaid existing debt facilities totalling €220m, including a €19. 5m loan from Summit Real Estate Holdings.
Bahamas Petroleum Company CEO agrees to contract extension
Oil and gas exploration company Bahamas Petroleum Company announced on Friday that Simon Potter has agreed to a contract extension to his current employment contract, which expires on 31 March.
Graphene NanoChem shares to be cancelled from trading as it pursues acquisition
Nanotechnology performance-enhancing solutions provider Graphene NanoChem announced on Friday that, pursuant to AIM Rule 1, its shares would be cancelled from trading on AIM at 0700 GMT on Monday, 19 March.
Domino's Pizza UK to repurchase up to £32m of its shares
Domino's Pizza Group announced on Friday that, until 31 December, it will commence a discretionary programme to purchase up to £32m of its ordinary shares.
Wetherspoon earnings rise as Tim Martin goes on another anti-EU tirade
Pub group JD Wetherspoon posted its preliminary half-year results on Friday, reporting a small 3. 6% rise in revenue before exceptional items to £830. 4m but "remains cautious" about the second half of the year.
Investec sees FY in line despite UK, SAfrica challenges
Despite Brexit uncertainties and political turmoil in South Africa, wealth manager Investec on Friday said full year operating profit was expected to be in line with 2016.
Berkeley aggressively defends house-building rate, maintains profit guidance
Berkeley Group reported a resilient level of house sales in the past four months and while it was confident enough about the "compelling" fundamentals of the London and South East housing market to maintain profit and dividend guidance, had a fairly aggressive message for the government.
Mitie sees slight fall in operating profits as revenue grows
Outsourcing company Mitie said it expected full operating profits to be slightly below the previous year after modest growth in sales.
Old Mutual sells LatAm business for undisclosed sum
Old Mutual said it had agreed to sell its Latin American businesses to CMIG International, a financial holding company based in Singapore for an undisclosed sum.