Company News
Friday preview: All eyes on non-farm payrolls report, Wetherspoons results
All eyes will be on the latest US non-farm payrolls report on Friday, while in the UK, full-year results from pub chain JD Wetherspoon will be in focus.
Growth and profits slide in UK financial services - CBI
Profitability across the UK’s financial services sector tumbled in the last quarter, an industry survey showed on Thursday, as growth slowed ahead of this month’s Budget.
Thursday preview: Tesco in focus as grocer reports H1 numbers
Tesco's interim results will be the headline-grabbing news of the day with the UK's largest retailer set to give investors an update on how second-half trading is going.
JD Sports shares fall on Nike woes despite profit beat, guidance hold
Shares in JD Sports Fashion fell on Wednesday on the back of a sharp fall in sales at Nike - its major partner - despite a better-than-expected 2% rise in half-year profit and guidance hold amid a “challenging and volatile market”.
Director dealings: National Grid CEO raises stake
National Grid revealed on Wednesday that chief executive John Pettigrew had acquired 220,000 ordinary shares in the London-listed utility company.
Tesla underwhelms with Q3 deliveries growth
Tesla shares were falling sharply on Wednesday despite the electric car giant reporting its first increase in quarterly deliveries, as investors took profits following a big rally in the shares in recent months.
Transense division Translogik enters southeast Asia partnership
Transense Technologies announced on Wednesday that its Translogik division has entered a strategic distribution partnership with AssetFindr to expand into the southeast Asian market.
Time Finance renews, expands NatWest funding facility
Time Finance announced the renewal and expansion of its invoice finance funding facility with NatWest on Wednesday, to £65m.
Hemogenyx shares boosted by partner investment
Shares in Hemogenyx Pharmaceuticals jumped on Wednesday after the clinical-stage biopharmaceutical group announced another investment from Prevail Partners via a share subscription at a significant premium to the current market value.
Prospex Energy upbeat on drilling results at Viura-1B
Prospex Energy announced on Wednesday that initial drilling of the Viura-1B development well in northern Spain had yielded better-than-expected results.
Regulator fines Starling Bank £29m
Challenger lender Starling Bank has been fined £29m by the regulator for "shockingly lax" financial crime controls, it was announced on Wednesday.
Deadline extended as Equals in 'advanced' talks with suitors
Equals Group updated the market on its ongoing strategic review on Wednesday, confirming the ‘put up or shut up’ (PUSU) deadline regarding a possible all-cash offer for the company had been extended.
Serica Energy says production at Bittern B6 has stabilised
Serica Energy announced on Wednesday that production from the B6 well on the Bittern field, in which it holds a 64. 6% interest, had stabilised at around 8,000 barrels of oil equivalent per day.
Borders & Southern raises£1.5m to advance Darwin development
Borders & Southern Petroleum successfully raised £1. 5m on Wednesday, to advance the development of its wholly-owned Darwin Gas Condensate discovery, located offshore the Falkland Islands.
Minoan turns £1.15m of liabilities into convertible loans
Minoan Group announced the conversion of £1. 15m worth of outstanding loans into new convertible loans on Wednesday, as part of its efforts to deleverage its balance sheet.
Westminster Group secures contracts with 'major international services organisation'
Security firm Westminster Group said on Wednesday that it has been selected to provide a range of security services to "a major international services organisation, under individual contract awards.
Quantum Blockchain extends share sale and repurchase deal with CEO
Quantum Blockchain Technologies announced an extension to the sale and repurchase agreement involving its chief executive officer and executive chairman Francesco Gardin and MC Strategies on Wednesday.
Revenue rises, underlying profits narrow for Pinewood Technologies
Pinewood Technologies reported strong growth in revenue and gross profit for the first half of the year on Wednesday, driven by a successful system rollout in its key UK market.
M&S to recruit 11,000 seasonal roles over Christmas
High street stalwart Marks & Spencer has announced plans to hire more than 11,000 new workers in the UK over the key festive period, kicking off recruitment from next week.
Oil prices climb on heightened Middle East fears
Oil prices continued to climb on Wednesday, as fears mounted that conflict was set to spread across the Middle East following Iran's missile attack on Israel.