News And Announcements
FFI Holdings acquires Signature Entertainment in $5m deal
Entertainment industry completion contracts provider FFI Holdings has acquired Signature Entertainment - one of the largest distributors of films in the UK - it announced on Thursday.
Acquisitions help to boost ULS amid flat housing market
Conveyancing and financial intermediary online platform provider ULS Technology updated the market on its for the 12 months ended 31 March on Thursday, saying it expected to announce financial results ahead of market expectations.
Strong momentum continues through third quarter at Redde
Support services group Redde updated the market on Thursday, confirming that the strong outlook it reported in its interim results announcement in March could be reconfirmed.
Draper Esprit puts $16.5m into Revolut's Series C round
High growth digital technology business investor Draper Esprit announced a commitment of up to $16. 5m in London-based fintech company Revolut on Thursday.
Volex proposes to buy MC Electronics in all-share deal
Cable assemblies provider Volex announced the proposed acquisition of MC Electronics - a North-American based manufacturer of customised complex medical and industrial cables, wire harnesses and electro-mechanical assemblies for medical and industrial applications - on Thursday.
Futura moving to test erectile dysfunction gel on men in Eastern Europe
Advanced transdermal technology-focussed healthcare company Futura Medical updated the market on the planned phase III trials for MED 2002, its topical gel for erectile dysfunction, on Thursday.
Evraz steel production falls in first quarter, seen rising in second
Russian steel-maker Evraz reported a fall in production in the first quarter but mined a larger amount of coal.
Meggit enjoys robust demand in first quarter
Industrial component maker Meggitt grew organic revenue 6% in the first quarter thanks to a "robust" demand from civil aerospace aftermarket and energy end-markets.
Waterstones bookshop chain sold to New York hedge fund
British book retailer Waterstones has been bought by US hedge fund Elliot Advisers.
Shire reports good start to 2018 as Takeda deal beckons
Shire, which is in talks to be bought by Japan's Takeda Pharmaceutical, said it made a good start to 2018 as sales rose in the first quarter.
Physiomics lands contract with UK-based biotech
Physiomics has been awarded a contract worth £48,000 by a new UK-based biotech client.
Management of Curtis Banks to sell 13% stake
AIM-listed Curtis Banks said on Thursday that its founding director, chief executive officer and chief financial officer plan to sell around 7. 1m shares in the company at 280. 25p each.
N Brown grows sales, beats profits forecast
N Brown, the plus-size clothing specialist, reported a solid increase in sales and underlying profits in the face of a gloomy UK retail market, though the bottom line was hit by customer redress for historic problems with its credit arm.
Facebook withstands scandal to beat first-quarter forecasts
Facebook’s first-quarter earnings beat expectations and the social network added millions of users as the company appeared to withstand a scandal involving the misuse of personal data, as tech chief Mike Schroepfer told UK parliament "radical transparency" measures will be introduced for political advertising.
Animalcare COO Iain Menneer steps down
AIM-listed animal health products supplier Animalcare said on Thursday that Iain Menneer has resigned and will step down from his role as chief operating officer with immediate effect.
UK supermarkets pledge to get rid of single-use plastics by 2025
Supermarkets Tesco, Sainsbury’s, Asda, Morrisons, Waitrose, Marks & Spencer, Aldi have banded together with food and drink manufacturers to pledge to eliminate single-use plastics by 2025 under a new 'UK Plastics Pact'.
CMA raises concerns about Breedon-Tarmac deal
AIM-listed construction materials group Breedon said on Thursday that the Competition and Markets Authority has raised concerns about its proposed acquisition of certain assets from Tarmac in exchange for a number of ready-mix concrete plants and a cash payment.
GCP Infrastructure subscribes for £80m loan notes to fund wind project
GCP Infrastructure Investments has entered into a commitment to subscribe for a series of loan notes with a value of £80m, it announced on Thursday.
Senior order books 'strong' amid anticipated headwinds
Senior updated the market on its trading for the period since 1 January on Thursday, reporting that it had been in line with expectations.
Domino's Pizza serves up Q1 sales jump thanks to strong New Year performance
Domino's Pizza reported an 18. 3% jump in first-quarter sales on Thursday, thanks in part to a strong New Year performance.