Company News
Director dealings: Hollywood Bowl chairman ups stake
Hollywood Bowl revealed on Thursday that chairman Peter Boddy had acquired 100,000 ordinary shares in the London-listed bowling centres operator.
Petro Matad shares slide on eastern Mongolia update
Shares in Petro Matad were sliding on Thursday, after the company updated the market on operations on its Heron-1 production and Heron-2 well testing in eastern Mongolia’s Block XX.
Disney shares jump as blockbuster hits drive Q4 profits
Disney's stock price jumped on Thursday morning after the media and entertainment giant impressed with its fourth-quarter earnings, helped by blockbuster releases Deadpool & Wolverine and Inside Out 2, and published bullish guidance for the next financial year.
General Mills to buy Whitebridge Pet Brands for $1.45bn
General Mills said on Thursday that it has agreed to buy Whitebridge Pet Brands’ North American premium cat feeding and pet treating business for $1. 45bn.
Plexus wins $1m order from Middle East gas project
Wellhead engineering specialist Plexus Holdings announced a new order on Thursday, to supply its ‘Exact’ exploration wellhead equipment on a rental basis for an offshore gas exploration project in the Middle East.
PetroTal upbeat on strong third quarter
PetroTal reported a strong set of financial and operational results for the third quarter on Thursday, with production and sales of 15,203 barrels of oil per day and 14,760 daily barrels, respectively.
Amaroq Minerals reports strong third-quarter progress
Amaroq Minerals reported strong third-quarter progress in its Greenland gold and strategic minerals projects on Thursday, with liquidity of $26m bolstered by cash balances, credit facilities, and reduced trade payables.
Palace Capital reports mixed interim performance
Palace Capital reported a mixed half-year performance on Thursday, as it continued with its strategy to return capital to shareholders.
Tapestry and Capri scrap planned merger amid competition concerns
Fashion giants Tapestry and Capri have scrapped their planned $8. 5bn merger on the back of legal uncertainty after US regulators argued that the tie-up would eliminate head-to-head competition in the luxury accessories market.
Syncona launches Slingshot platform with £12.5m investment
Syncona announced the launch of Slingshot Therapeutics, a new portfolio company and accelerator dedicated to developing early-stage life science programs sourced from academia, on Thursday.
Lexington Gold enters collaboration with Gold One Africa
Lexington Gold announced an agreement with Gold One Africa on Thursday, to explore potential cooperation on gold exploration and development projects in South Africa.
TT Electronics to make further job cuts, revenues down YOY
Electronic components manufacturer TT Electronics said on Thursday that it has been forced to make further job cuts in an effort to mitigate the impact of "substantial market changes".
Burberry surges on turnaround plan despite plunging sales
Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an “urgent” effort to turnaround its struggling fortunes after slumping to a £80m half-year loss driven by plunging sales in its key Chinese market.
Eurozone employment grows in Q3, GDP at 0.4%
Employment in the eurozone rose slightly more than expected in the third quarter, while the economy’s growth rate was 0. 4%, according to official flash estimates published on Thursday.
House prices continue to climb - Rics
UK house prices continued to rise in October, a closely-watched survey showed on Thursday, as the market benefited from lower borrowing costs.
Data centre surge drives growth for Siemens
Siemens reported significant gains in the past year on Thursday, driven by robust demand in energy and electrification sectors, despite ongoing challenges in its business divisions.
Shares spark as ASML reiterates long-term growth plans
Shares in ASML Holding rallied on Thursday, after the Dutch tech giant reiterated long-term targets, including annual revenues of up to €60bn.
Kier YTD trading in line with expectations
Construction firm Kier Group said on Thursday that it had made a good start to the new trading year and expects its overall performance to be second-half weighted.
Alfa Financial Software ups profit outlook as H1 revenues jump
Alfa Financial Software has raised profit guidance for the full year after reporting double-digit revenue growth in the third quarter, causing shares to rise on Thursday.
Keller on track for full year but Europe markets weak
Keller said on Thursday that it remained on track to deliver a full-year performance in line with expectations as it announced the appointment of a new chairman, but shares in the geotechnical specialist contractor slumped as it pointed to weak activity levels in Europe.