Company News
Better weather boosts retail footfall - BRC
Retail footfall rose for the first time in over a year in September, industry data showed on Friday, as shoppers made the most of the mild weather.
London close: FTSE falls but losses capped by weaker pound, housebuilders
London stocks had fallen into the red by the close on Thursday amid escalating tensions in the Middle East, but a weaker pound and strength in the housebuilding sector kept a lid on losses.
Director dealings: Jadestone CEO raises stake
Jadestone Energy revealed on Thursday that chief executive Alexander Blakeley had acquired 511,000 ordinary shares in the AIM-listed upstream production company.
Italy looking to sell down stake in Monte Paschi by end of year
Italy's government is looking to offload more shares in Banca Monte dei Paschi di Siena within three months as part of a plan to raise €20bn to bolster the country’s flagging finances.
Diageo scraps sale of Pimm's - report
Drinks giant Diageo has scrapped a potential sale of Pimm’s, it was reported on Thursday, after it failed to strike a deal.
Galileo completes phase three drilling at Shinganda
Galileo Resources updated the market on its drilling activities at the Shinganda Licence in central west Zambia on Thursday.
Kinovo completes penultimate DCB Kent project
Kinovo, a specialist in property services focused on compliance and sustainability, updated the market on its former construction division DCB Kent on Thursday.
Ilika announces key Goliath development milestone
Solid-state battery technology developer Ilika announced a key development milestone on Thursday, with the successful completion of testing on its Goliath D5 prototypes.
OpenAI raises $6.6bn in latest funding round
OpenAI reaffirmed its position as one of the world’s most valuable start-ups on Thursday, after the artificial intelligence specialist raised $6. 6bn in new funding.
FW Thorpe posts strong set of full-year results
Professional lighting system designer and manufacturer FW Thorpe reported a solid set of full-year results on Thursday.
CMA orders Topps Tiles to keep CTD acquisition at arm's length during probe
Topps Tiles updated the market regarding its recent acquisition of CTD Tiles, which included 30 stores, selected stock, and intellectual property for £9m, on Thursday.
Supermarket Income declares quarterly dividend, suspends scrip alternative
Supermarket Income REIT declared an interim dividend of 1. 53p per share on Thursday, for the period from 1 July to 30 September.
Syncona commits £63.5m to Resolution Therapies
Syncona announced on Thursday that it has committed £63. 5m in series B financing to Resolution Therapeutics, a portfolio company focused on macrophage therapy for inflammatory and fibrotic diseases.
Vp flags steady but subdued half-year, acquires 80pc of CPH
Specialist equipment rental company Vp reported a steady half-year performance on Thursday, despite challenging macroeconomic conditions, as it announced the acquisition of a majority interest in CPH.
Residential Secure Income proposes managed wind-down
Residential Secure Income (ReSI) announced a proposed managed wind-down and portfolio realisation on Thursday, following a thorough review aimed at maximising shareholder value.
Atrato Onsite to sell solar portfolio, seek voluntary liquidation
Atrato Onsite Energy announced on Thursday that it has agreed to sell its entire portfolio of solar assets for £218. 7m to a joint venture between Brookfield and RAIM Apollo.
Galliford Try posts strong set of results, launches share buyback
Galliford Try reported a strong set of full-year financial results on Thursday, with revenue rising 27. 2% to £1. 77bn, and operating profit before amortisation increasing 35. 2% to £29. 6m.
Tate & Lyle uses new rules to swerve vote on Kelco buy
Tate & Lyle said it would not be putting its £1. 4bn acquisition of US speciality ingredients maker CP Kelco to shareholders for approval under new listing rules brought in by the UK’s financial regulator.
Spirax FY outlook unchanged, FX headwinds slightly stronger than expected
Thermal energy and fluid technology solutions group Spirax said on Thursday that its full-year outlook remained unchanged but warned of modest impacts stemming from potentially stronger-than-expected FX headwinds.
Hammerson sees strong demand for new bond issuance
Retail-focused property group Hammerson has announced the oversubscribed launch of a new 12-year £400m bond, which will be used to support growth and refinance outstanding debt.