News And Announcements
Earthport issued with New York State money transmitter licence
Cross border payment services utility provider Earthport announced on Thursday that its wholly-owned subsidiary Earthport North America has received written confirmation of the issue of its New York State money transmitter licence, backdated to be effective from 15 February.
James Latham set to end year in line with expectations
James Latham updated the market on its trading on Thursday, ahead of its results for the year ending 31 March.
Cadence Minerals begins work programme on recently-acquired assets
Cadence Minerals confirmed the start of its initial exploration programme on six lithium assets in Argentina, having bought the portfolio in San Luis Province after its initial announcement in early December.
EasyHotel signs franchise deal to open location in Malaga
Super budget branded hotel owner, developer and operator easyHotel has signed a franchise agreement with Continuum Hospitality Group for the development of a 146-room hotel in Malaga, Spain, it announced on Thursday.
CityFibre and Vodafone to roll out full fibre broadband across Peterborough
Fibre optic infrastructure designer, builder, owner and operator CityFibre announced Peterborough as the next roll-out city under its fibre-to-the-premises (FTTP) partnership with Vodafone on Thursday.
Parity wins IT contract from AB Foods' Primark operation
Parity announced the award of a recruitment managed services contract with Primark Stores on Thursday, which began on 21 March and under which Parity Professionals would provide all of the fashion retailer’s contract and interim IT staff.
Vipera says Italian group considering a 7.5p per share bid
AIM-listed Vipera said on Thursday that Sella Open Fintech Platform (SOFP) is considering making a bid for the mobile payment company.
Xeros expands US operations with purchase of Gloves
Developer and provider of polymer based technologies Xeros Technology Group has acquired Gloves, which provides, cleaning, inspection, and repair services for firefighter personal protection equipment from facilities in Atlanta and Miami, it announced on Thursday.
Inspired Energy gobbles up SystemsLink and ECM
Energy procurement consultant Inspired Energy has completed the acquisitions of SystemsLink 2000 and Energy Cost Management, it announced on Thursday.
Safestyle profits drop in 'increasingly challenging' market, new CFO named
Double glazing group Safestyle posted a drop in full-year profit on Thursday as installations fell amid an "increasingly challenging" market and higher costs, as it announced the appointment of a new chief financial officer.
Interserve agrees new lending, at a 'rather high' cost
Interserve agreed terms on almost £300m of new funding from lenders overnight, though analysts said it was at a rather steep cost in terms of interest payments and shareholder dilution.
Assura chairman Simon Laffin to retire at AGM
Assura chairman Simon Laffin will retire in July and will be replaced by fellow board member Ed Smith.
Flybe tanks as Stobart ditches bid
Shares in Flybe tanked on Thursday as Stobart said it no longer plans to make a bid for the regional airline after the companies failed to agree on "satisfactory" terms.
GKN tells shareholders Melrose is unsuitable steward
GKN has written to its shareholders urging them not to back Melrose Industries’ hostile takeover bid and describing Melrose as an unsuitable steward of the company.
Crest Nicholson continues to trade robustly, shareholders told
Investors in Crest Nicholson Holdings were told that the company’s trading environment continued to be “generally robust” on Thursday, as they gathered in Surrey for the annual general meeting.
Rio Tinto to sell interest in Queensland coal project for $200m
Rio Tinto has agreed to sell its 75% interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited for $200m.
Ted Baker profits and revenue rise despite 'challenging' conditions
Ted Baker reported a 12% jump in full-year pre-tax profit on Thursday as revenue grew but the retailer warned that "external" trading conditions will remain challenging.
De La Rue calls on government to reverse blue passport decision
De La Rue’s chief executive has called on the government to reverse its decision to award the contract for making post-Brexit blue passports to a Franco-Dutch company.
IG Group revenues surge as volatility returns, ESMA crackdown looms
Trading revenues at IG Group surged 30% in a record quarter for the online broker thanks to a high level of client activity.
Earnings move higher at Sanne as it integrates recent acquisitions
Alternative asset and corporate administration services provider Sanne Group announced its results for the year ended 31 December on Thursday, with group revenue increasing 77% to £113. 2m.