Company News
Great Western Mining exercises option to acquire Olympic Gold Project
Great Western Mining has exercised its option to acquire the Olympic Gold Project in Nevada’s Mineral County, it announced on Thursday.
Director dealings: Blue Coast raises stake in Everyman Media
Everyman Media revealed on Thursday that Blue Coast had acquired 50,000 ordinary shares in the AIM-listed cinema group.
Danone beats forecasts with solid Q1 sales growth
French food manufacturer Danone said it made a "good start" to the year, with first-quarter sales rising on the back of broad-based growth amid a challenging environment.
Tesla lays off 285 workers in Buffalo as job cuts continue
Electric carmaker Tesla is to lay off 14% of its staff across two plants in New York, the company said in a regulatory filing on Thursday, following large-scale job cuts announced earlier in the week.
Blackstone first-quarter earnings narrowly beat forecasts
Blackstone, the world’s largest private equity firm, reported marginally better than expected first-quarter earnings on Thursday.
Hipgnosis shares surge on $1.4bn Concord Chorus offer
Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1. 4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Norway wealth fund backs NatWest plan to buy back more govt stock
Norway's sovereign wealth fund said it would vote in favour of a proposal letting UK bank NatWest buy back more of its stock from the British government.
Volex FY results seen ahead of market expectations
Critical power and data transmission products manufacturer Volex said on Thursday that its full-year performance was seen ahead of market expectations as "strong organic growth" was driven by its " attractive positions" in diversified end markets.
Keystone Law Group expects to meet full-year expectations
Keystone Law Group posted higher full-year revenues and profit, and said it expected to meet market expectations for the year ahead.
Empire Metals completes third phase of drilling at Pitfield
Empire Metals announced the successful conclusion of its third phase of reverse circulation (RC) drilling at the Pitfield Project in Western Australia on Thursday.
Petrofac wins $350m services contract in Equatorial Guinea
Energy services group Petrofac has won a contract with the national oil company of Equatorial Guinea worth $350m over five years.
Rank Group on track for full year after strong third quarter
Rank Group reiterated its full-year guidance on Thursday, after third-quarter revenues were boosted by strong trading at Mecca bingo.
Foxtons hails strong start to year as sales market improves
Foxtons hailed a strong start to the year on Thursday as the sales market improved and the London estate agent grew its market share.
Deliveroo posts positive quarterly growth
Deliveroo has reported a positive first-quarter performance in an update on Thursday, as it returned to order growth, alongside a notable increase in gross transaction value (GTV).
Dunelm shares hit by Q3 sales slowdown
Dunelm shares dropped 5% on Thursday after the homewares retailer reported a slowdown in sales growth in its third quarter due to "volatile" trading conditions.
BP cuts size of executive team, shakes up structure
BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.
Bridgepoint taps Ruth Prior as its next finance chief
Investment firm Bridgepoint announced the appointment of Ruth Prior as its new chief financial officer (CFO) and a director on Thursday, succeeding Adam Jones, who would step down later in the year.
Centamin production dips, reiterates 2024 cost and output guidance
Centamin reported a temporary slight decline in production and higher unit costs, but reaffirmed its full-year cost and output guidance.
Ferrexpo swings to FY loss on legal provision
Iron ore pellet maker Ferrexpo swung to a full-year loss as a $131million provision for a legal dispute involving its Ukrainian unit hit the bottom line.
AJ Bell upbeat on strong second-quarter performance
Investment platform AJ Bell reported a robust performance across its platform business and AJ Bell Investments in a second quarter update on Thursday.