Company News
Tuesday preview: German and US confidence figures on tap
With no blue-chip companies scheduled to report earnings, the focus of Tuesday’s session is likely to be on economy data overseas, with closely watched sentiment indicators due out in Germany and the US.
Director dealings: BGS director raises stake
Baillie Gifford Snin Nippon revealed on Monday that non-executive director Kevin Troup had acquired 9,000 ordinary shares in the London-listed investment firm.
Union Jack Oil shares dip despite upbeat outlook
Shares in Union Jack Oil were trading lower on Monday despite the UK and US-focused energy producer hailing a "solid and profitable" first half and delivering an optimistic outlook.
Tertiary Minerals starts drilling, exploring across projects
Mining company Tertiary Minerals announced the start of drilling and exploration activities across its projects in Zambia and Nevada on Monday, along with plans to appeal a decision in Sweden.
Vast Resources shares slide on creditor's threat of 'enforcement'
Mining company Vast Resources updated the market on its efforts to repay an outstanding asset-based debt and secure refinancing on Monday.
Gamma finalises acquisition of Placetel from Cisco
Gamma Communications, a provider of technology-based communication services across Europe, finalised its acquisition of BroadSoft Germany, trading as Placetel, from Cisco on Monday.
Marlowe updates details on occupational health demerger
Marlowe, a specialist in business-critical services ensuring regulatory compliance, updated the market on the demerger of its occupational health division on Monday.
GlobalData launches new £20m share buyback programme
GlobalData announced the approval of a new £20m share buyback programme on Monday, supplementing the previously-completed £10m initiative announced on 31 July.
Alphawave IP shares tank as first-half sales plummet
Shares in Alphawave IP dropped by almost a third on Monday after the connectivity solutions group swung to a loss in the first half while revenues halved which it blamed on the timing of specific customer programmes.
Idox appoints new director of geospatial division
Information management and geospatial data specialist Idox announced the appointment of Alex Wrottesley as the director of its geospatial division on Monday.
Oxford Biomedica reports first-half revenue growth
Oxford Biomedica, a prominent gene and cell therapy company, reported significant revenue growth alongside strategic advancements in its interim results on Monday.
Elixirr International reports record first-half revenue
Consulting firm Elixirr International reported record first-half revenue of £53m on Monday, marking a 28% increase compared to £41. 6m in the same period last year.
Porvair appoints new chief executive, trades as expected
Specialised porous materials provider Porvair announced the appointment of Hooman Caman Javvi as its new chief executive officer and a director on Monday.
Thames Water 'to receive £1bn lifeline'
Britain's largest water provider Thames Water will receive a much-needed £1. 0bn lifeline by creditors before the end of the year, according to the Times.
Eagle Eye Solutions secures five-year contract with leading UK retailer
Software-as-a-Service technology group Eagle Eye Solutions has secured a five-year contract for its AIR platform with a leading UK retailer.
Revolution Beauty inks manufacturing deals with director's associated firms
Revolution Beauty Group announced new manufacturing and supply agreements involving its subsidiary Revolution Labs on Monday, reporting that it would produce and supply beauty and personal care products to Carbon Theory and Delhicious.
BNP Paribas to buy HSBC’s private banking business in Germany
BNP Paribas said on Monday that it has agreed to buy HSBC’s private banking activities in Germany, as it looks to position its wealth management arm "among the top leading players in Germany" and bring its assets under management to more than €40bn.
Rightmove to respond 'in due course' on new £6.1bn offer from REA
Rightmove on Monday said it would respond to a third offer from Rupert Murdoch’s REA Group for the UK housing portal valuing it at £6. 1bn, "in due course".
Petrofac again extends deadline for missed interest payments
Shares in Petrofac rose on Monday after the energy infrastructure services group secured yet more additional time with its bondholders to make its interest payment obligations.
AstraZeneca breast cancer drug trial fails to improve overall survival
AstraZeneca updated the market on two ongoing drug trials on Monday, with a key trial in breast cancer failing to improve survival.