News And Announcements
CoStar to buy Matterport in $1.6bn deal
CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1. 6bn deal.
Alliance Pharma delays preliminary results
International healthcare group Alliance Pharma announced the postponement of its preliminary results for the year ended 31 December on Monday.
Revenue up, adjusted earnings down for Lok'nStore
Self-storage operator Lok'nStore Group reported a 4. 3% increase in revenue in its interim results on Monday, to £14. 17m, with headline self-storage revenue rising 4. 9% to £13. 33m.
Elixirr International posts solid set of final results
Challenger consultancy Elixirr International reported a solid financial upswing in its final results on Monday, with revenue up 20% year-on-year at £85. 9m.
Redwheel calls for regulator to scale back Royal Mail delivery requirements
Royal Mail owner International Distributions Services' third-largest shareholder said the company was "vulnerable to corporate predators" as a result of obligations requiring it to deliver letters six days a week.
Quanex to buy Tyman in £788m deal
Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.
PayPoint considers buyback after strong full year
PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Asda underlying profit jumps 24% in 2023
Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Angle granted European patent for CellKeep, US patent imminent
Liquid biopsy specialist Angle announced on Monday that it has received a European patent for its ‘CellKeep’ slide, as it anticipated the imminent grant of an equivalent US patent application.
Gem Diamonds recovers 169-carat white diamond in Lesotho
Gem Diamonds announced the retrieval of a notable 169. 15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.
Galp shares surge on news from Namibia's Mopane field
Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.
Chill Brands suspends CEO amid inside-information allegations
Shares in Chill Brands tanked on Monday morning after the vape maker announced it had suspended its chief executive pending the results of an investigation into the use of inside information.
Helical reports progress across its portfolio
Helical updated the market on its trading from 8 January to 19 April on Monday, reporting a series of developments across its portfolio.
Anglo American to oppose any Kabwe claim appeal
Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers “misconceived”.
Frasers Group stops FRC from publishing key findings of review - report
Mike Ashley’s Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group’s latest annual report.
Cerillion flags strong first-half revenue, earnings performance
Billing, charging and customer relationship management (CRM) software specialist Cerillion said in an update on Monday that its first-half results were expected to reach new heights in terms of revenue and adjusted EBITDA.
Hornby losses weaken as margins take a hit
Models and collectibles group Hornby said in an update on Monday that its underlying losses before tax had weakened in the second half of its financial year, as sales remained broadly stable and its margins took a hit.
eEnergy clinches contract with Spire Healthcare
Net zero energy services provider eEnergy clinched a deal with Spire Healthcare Group for the provision of photovoltaic systems across 38 sites.
Mobico profits fall despite revenue growth
Mobico Group reported a fall in profit in its 2023 results on Monday, below the expectations it set at the start of the financial year, despite continued revenue growth.