News And Announcements
Culture Sec ponders Comcast bid for Sky
Sky's potential takeover by Comcast does not perturb the government, but Culture Secretary Matt Hancock said he had not yet reached a final decision.
IAG prepping £1.3bn offer for Norwegian
International Airlines Group is reportedly set to make a third run at a takeover of low-cost carrier Norwegian, one, which if successful, would value the budget airline at £1. 3bn.
Safestyle files legal claim against competitor Safeglaze
AIM-listed double glazing group Safestyle said on Monday that it is seeking damages and injunctive relief against competitor Safeglaze UK - whose most recent TV ad was fronted by Eastenders legend Pam St Clement - and a number of named individuals.
M&S lifted by store closure reports
Shares in Marks & Spencer rose on Monday on news that the high street retailer will more aggressively restructure its store estate.
Dixons Carphone appoints Clare Pettit as interim CFO
Dixons Carphone has appointed Clare Pettit as interim group chief financial officer with immediate effect.
Fifth Third Corp to buy Chicago-based MB Financial in $4.7bn deal
Fifth Third Bancorp has agreed to buy Chicago-based MB Financial in a deal valued at around $4. 7bn.
GE's transportation unit to merge with Wabtec in $11.1bn deal
GE Transportation, a unit of General Electric, has agreed to merge with rail equipment maker Wabtec in a deal valued at £11. 1bn.
RM2 narrows losses as it strives towards earnings in 2019
Sustainable smart pallet developer RM2 International issued its audited financial results for the year ended 31 December on Monday, with revenues falling to $6. 6m from $8. 9m year-on-year.
Barclays beats SFO in Crown Court over Qatar loan
The Crown Court has dismissed fraud charges brought by the Serious Fraud Office against Barclays over the bank's emergency fundraising deal with Qatar at the height of the financial crisis.
Highlands Natural Resources reviews and expands its strategy
Highlands Natural Resources updated the market on its corporate strategy on Monday, saying it was now “ideally placed” to review its strategy following the recent funding agreement at its East Denver oil and gas project.
Omega reaches new milestone with VISITECT CD4
Medical diagnostics company Omega Diagnostics updated the market on its ‘VISITECT CD4’ development programme on Monday, after its recently-held design review meeting for the test designed to identify advanced HIV disease.
Block Commodities and FinComEco launch blockchain token for African farmers
Block Commodities and Financial & Commodities Ecosystem (FinComEco), a subsidiary of GMEX Group, announced a strategic partnership with blockchain toolkit business OST on Monday.
Potential buyer now wants Uvenco assets instead of operations
Uvenco issued a further update on the potential sale of its trading subsidiaries and debt obligations on Monday, confirming that the possible buyer was no longer interested in the operations as going concerns.
SolGold reports new copper targets in Ecuador
SolGold updated the market on exploration at its 100%-owned La Hueca, Porvenir and Timbara Projects in Southern Ecuador on Monday, which cover 60km of strike along Ecuador's Southern Jurassic porphyry corridor.
Atlantis Resources raises £20m as it prepares for closer relationship with SIMEC
Atlantis Resources announced a proposed placing to raise up to £20m through an accelerated bookbuilding process on Monday.
LXi beats dividend targets in maiden results
LXi REIT postes its maiden annual results on Monday, reporting a total return of 11. 91%, comprising the increase in net asset value since its initial public offering and dividends paid in the period.
Arena Events gobbles up Ice House Rentals
Arena Events Group has expanded its UK product portfolio with the acquisition of specialist temporary cold room company Ice House Rentals, it announced on Monday.
De La Rue announces anti-counterfeiting partnership with Optel
De La Rue, which recently lost out on a £490m contract to make the post-Brexit blue passports, has announced a strategic partnership with Optel to address the growing threat of global counterfeiting.
Bank of Georgia has solid first quarter as it prepares for BGEO demerger
Bank of Georgia posted a decent 18. 8% rise in its first quarter profit to GEL 128. 56m on Monday, with basic earnings per share ahead 16. 7% year-on-year to GEL 3. 08.
Ryanair annual profit up 10% but FY19 guidance cut
Budget airline Ryanair posted a 10% jump in full-year pre-tax profit on Monday but struck a cautious note on its FY19 outlook on the back of rising costs and flat fare growth as it cut its full-year guidance.