Company News
Shawbrook receives 330p buyout approach from Pollen Street, BC
Shawbrook Group revealed three minutes before the close on Friday that its private equity backer Pollen Street and BC Partners had teamed up to propose taking the challenger bank private less than two year after bringing it to market.
Tanzania bans exports of gold and copper concentrate, sends Acacia Mining lower
News that Tanzania had banned exports of gold/copper concentrate has hit the shares of London-listed Acacia Mining, which is the east African country's largest gold miner.
International Consolidated Airlines lifts group traffic in February
International Consolidated Airlines said group traffic in February, as measured in revenue passenger kilometres, was up 2. 9% on the year.
London close: FTSE 100 ends week lower behind WPP as attentions turn to Yellen
Shares in London ended the week on a negative note with a hefty fall in WPP advertising investors' displeasure with the out-looking statement accompanying the company's full-year results.
FTSE 250 movers: Berendsen and gold miners lead retreat
London's mid cap shares were mostly lower as the weekend closed in, as a mixture of softer UK macroeconomic data, individual company troubles and a softer gold price all weighed.
Digital challenger bank Atom takes in £83m in new funding round
App-based fintech startup Atom Bank raised a fresh £83m from existing major shareholders, it was reported on Friday, as the challenger bank prepared to roll out a suite of new products to entice customers.
Bid to stop Conygar development at Holyhead fails
The Conygar Investment Company announced on Friday that Ynys Mon County Council's planning and rights of way committee had endorsed the findings of Jeremy Pike, the inspector in charge of the Newry Beach Village Green inquiry, at Holyhead.
Gear4music tunes up solid growth in 2017 year
The UK’s largest online retailer of musical instruments and equipment, Gear4music, posted a year-end trading update for the 12 months to 28 February on Friday, with UK sales rising 34% to £34. 87m year-on-year.
Uber loses bid to avoid TfL English tests
US-based private hire firm Uber lost its legal bid to stop drivers being forced to take English language tests on Friday.
Results round-up: LSE, WPP, Berendsen
London Stock Exchange Group tried to ignore the merger-shaped elephant in the room as it hiked its dividend 20% to reassure investors of its confident outlook and offset disappointment that profits fell short of forecasts.
Broker tips: WH Smith, Go-Ahead Group, Travis Perkins, Glencore
Barclays upgraded its recommendation on WH Smith and lifted its target price as it sees further "big upside" for profits from the travel arm, which operates retail outlets in stations and airports.
Carillion wins £490m Dubai Expo 2020 contract
Support services company Carillion has won a £490m contract to deliver theme districts and public realm works at the 2020 World Expo in Dubai.
Government 'minded' to probe Sky's takeover by Fox
Culture and media secretary Karen Bradley said she was "minded" to have Sky's proposed takeover by Rupert Murdoch's 21st Century Fox investigated over public interest concerns, after the European Commission was formally notified on Friday.
Wheatley confident in AFH Financial's current position
Investors in AFH Financial Group were gathering in Bromsgrove on Friday for the company’s annual general meeting, with chairman John Wheatley providing them and the market an update on the company’s trading.
Legendary's VirtualStock secures John Lewis as client
Legendary Investments announced on Friday that its investee company VirtualStock had been appointed by the John Lewis Partnership to implement its supply chain management system ‘The Edge’.
McKay Securities secures first tenant at Prospero, Redhill
South East and London office and industrial specialist real estate investment trust McKay Securities announced that it secured its first tenant at Prospero, the recently completed office development in Redhill, on Friday.
Harvey Nash 'resilient' despite Brexit challenges
Global executive recruitment and professional services group Harvey Nash issued a trading update in advance of its final results for the full year to 31 January on Friday, which it confirmed would be announced on 27 April.
Alba Mineral Resources pleased with Brockham test results
Alba Mineral Resources announced on Friday that it had been advised by the operator, Angus Energy, that following extensive analysis of the BR-X4Z sidetrack well, its intention was to bring the Kimmeridge into production at the existing Brockham production facility as soon as the necessary Oil and Gas Authority approval was in place.
Hutchison China MediTech on the up as it announces positive results from cancer trial
Shares climbed in Hutchison China MediTech on Friday as it announced positive results in a phase three trial with patients with locally advanced or metastatic colorectal cancer.
Landore Resources raises £2m to fund gold exploration in Canada
AIM-listed miner Landore Resources has raised £2m (CA$3. 3m) in order to fund gold exploration at its Canadian mine.