Login/Register

Company News News

Company news

Stratmin soars on graphite sales deal

Stratmin soars on graphite sales deal

Tue, 21 October 2014

Shares in Madagascar-focused Stratmin Global Resources soared after the graphite explorer and producer did a five-year sales deal with a major processor of the high-tech material. The stock gained 3.1... [more]

BCA Marketplace shelves IPO, following Aldermore and Virgin Money

BCA Marketplace shelves IPO, following Aldermore and Virgin Money

Tue, 21 October 2014

Used car selling website owner BCA Marketplace has announced it will scrap plans to proceed with its initial public offering. The group claimed to be"very" encouraged by investor interest, it remains ... [more]

Jump aboard Stagecoach rather than Go-Ahead, says Shorecap

Jump aboard Stagecoach rather than Go-Ahead, says Shorecap

Tue, 21 October 2014

Broker Shore Capital welcomed transport group Go-Ahead's latest update but said it was keener on rival Stagecoach. Go-Ahead said in a first-quarter trading update on Tuesday that commercial and conces... [more]

Immupharma raises £3.4m as it gears up for Lupuzor Phase III trial

Immupharma raises £3.4m as it gears up for Lupuzor Phase III trial

Tue, 21 October 2014

Shares in drug developer Immupharma were higher after confirmation it had raised £3.4m at a premium price to help fund Phase III trials of its lead product candidate Lupuzor, a potential treatment for... [more]

Quindell wins five-year telematics deal with Canadian insurer - UPDATE

Quindell wins five-year telematics deal with Canadian insurer - UPDATE

Tue, 21 October 2014

AIM-listed Quindell has won a five-year contract with a major Canadian insurer to provide its customers with its telematics technology solution and associated services. The insurer, which is strongly ... [more]

Vedanta's Cairn India appoints new chief

Tue, 21 October 2014

Vedanta's oil and gas subsidiary Cairn India has appointed a new managing director and chief executive officer to start mid-November. Mayank Ashar has more than 36 years of experience in the internati... [more]

Tesco market share falls again but decline slows, Kantar Worldpanel says

Tue, 21 October 2014

Beleaguered supermarket group Tesco's market share fell again in the last three months, although it is showing signs of improvement, according to industry figures on Tuesday. Its market share fell 3.6... [more]

Anglo American gutted after Australia blocks coal-mine extension

Tue, 21 October 2014

A proposed extension of an Anglo American coal mine in New South Wales (NSW) has been deemed "not in the public interest", according to Australian authorities, because of the threat it posed to the ra... [more]

Economics improve at Ophir's Fortuna gas field after positive testing

Tue, 21 October 2014

Positive drill stem testing (DST) at Ophir Energy's Fortuna-2 well in Block R, Equatorial Guinea, means that the company will not need as many development wells to produce the gas field, the oil and g... [more]

Informa events strength offsets business intelligence weakening

Tue, 21 October 2014

A solid third-quarter from business media group Informa has kept it on track to hit full year results, with its events business strength counterbalancing weaker business intelligence performance. Busi... [more]

Lamprell expects windfall from rig completion

Tue, 21 October 2014

Oil services group Lamprell expects a financial windfall after completing construction of a second oil and gas rig for an unidentified client. Lamprell said it had finished building the Caspian Sea ja... [more]

Carpetright gets new chairman as founder Harris steps down after 57 years

Tue, 21 October 2014

Carpet retailer Carpetright has appointed the chairman of pub group Mitchells & Butlers as its new chairman to replace group founder Philip Harris. Carpetright said Bob Ivell would become its non-exec... [more]

BAE to buy US commercial cyber security provider

Tue, 21 October 2014

Defence group BAE Systems is buying US group Perimeter Internetworking Corp. for $232.5m as part of its plan to expand its Applied Intelligence commercial cyber security business. The acquisition, whi... [more]

William Hill optimistic about full year after profits surge in Q3

Tue, 21 October 2014

High street bookie William Hill said that profits should come in at the top-end of analysts' forecasts this year after a strong third quarter, which was boosted by "favourable sporting results" and go... [more]

Meggitt awarded multi-million dollar contract with Gulfstream Aerospace

Tue, 21 October 2014

Aerospace and defence giant Meggitt has landed a multi-million dollar contract to supply an advanced wheel and braking system for Gulfstream Aerospace's new G500 and G600 business jets. The system is ... [more]

Strong US performance at IHG sees RevPAR accelerate in Q3

Tue, 21 October 2014

Continuing strong momentum in the US market helped Holiday Inn and Crowne Plaza owner Intercontinental Hotels Group (IHG) deliver a pick-up in revenue per available room (RevPAR) growth in the third q... [more]

Whitbread interims impress but tough comparatives loom

Tue, 21 October 2014

Whitbread grew first-half sales and profit strongly in the face of a highly competitive trading environment, thanks to a strong performance from Premier Inn hotels and Costa coffee shops and a recover... [more]

Go-Ahead hit by flat regional bus passenger numbers

Tue, 21 October 2014

Transport group Go-Ahead reported flat bus passenger numbers and said local transport chiefs in north-east England were set to take greater control of one of its key bus markets. The company also said... [more]

Asos annual profits fall 14% as 'green shoots' seen from pricing investment - UPDATE

Tue, 21 October 2014

Annual profits were not quite as bad as feared as online fashion retailer Asos put a troublesome year to bed, although significant investment in international pricing is likely to hold profits back fo... [more]

GKN sees lower Q4 growth and currency headwinds

Tue, 21 October 2014

Aerospace and automotive engineer GKN reported higher third quarter profit but forecast lower growth for the rest of the year, particularly in automotive markets, and said the strong pound would hit r... [more]

ARM misses Q3 forecasts slightly, but upbeat about Q4

Tue, 21 October 2014

Microprocessor group ARM Holdings said it remains on track to hit full-year forecasts but reported third-quarter revenues just short of the consensus forecast. The company, which designs chips for sma... [more]

Reckitt Benckiser LFL growth held back by 'tougher markets' in Q3

Tue, 21 October 2014

Consumer-goods giant Reckitt Benckiser missed analysts' estimates slightly in its third quarter on the back of continuing currency headwinds, while like-for-like (LFL) sales growth was held back by "t... [more]

Total CEO dies in Moscow plane crash - UPDATE

Tue, 21 October 2014

French oil major Total's chairman and chief executive officer, Christophe de Margerie, died overnight in a plane crash in Moscow. The Falcon-300 jet in which he was travelling crashed into a snowplow ... [more]

Quadrise Fuels International widens full year losses

Mon, 20 October 2014

Emulsion fuel manufacturer Quadrise Fuels International saw its full year losses widen after failing to generate revenues. Losses before tax broadened to £6m in the year ended 30 June from £5m last ye... [more]

Tuesday preview: Reckitt, ARM in focus; much-awaited Chinese data out

Mon, 20 October 2014

Quarterly reporting season in the UK is expected to get into full swing on Tuesday with a raft of blue-chip companies scheduled to release trading updates. Consumer-goods giant Reckitt Benckiser will ... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Weir Group 2,296.00 4.36 15:50
Carnival 2,342.00 4.27 15:50
Ashtead Group 976.50 4.27 15:50
TUI Travel 362.80 3.89 15:50
Tullow Oil 526.50 3.54 15:50

FTSE 100 Top Fallers

Name Last Chg.% Time
ARM Holdings 805.50 -5.40 15:50
Reckitt Benckiser Group 4,984.00 -2.56 15:50
Rolls-Royce Holdings 803.00 -1.83 15:50
Whitbread 4,182.00 -1.09 15:50
Imperial Tobacco Group 2,536.00 -0.43 15:50