Company News
London close: FTSE 100 driven higher by gains in mining, oil stocks
Blue-chip stocks in London hit a new record high on Monday, the same as in Germany and on Wall St, as big mining and oil giants improved with the prices of resources.
Tuesday preview: Inflation likely to surge, Vodafone results 'may surprise'
Tuesday is likely to show inflation surging even higher above the Bank of England's 2% target, while company news includes preliminary results from Vodafone and BTG, and interim from CYBG.
21st Century Tech signs bus stop display deal with TfWM
Provider of tailored technology solutions to the transport industry, 21st Century Technology, announced a two-year contract from Transport for West Midlands, the transport arm of the West Midlands Combined Authority.
Caledonia Mining confirms fatality at Blanket
Caledonia Mining confirmed a fatality at its Blanket Mine in Zimbabwe on Monday, saying it occurred in a mining-related accident on 12 May.
Galantas Gold confirms start of operations at Omagh
Galantas Gold advised on Monday that underground mine development operations were shortly expected to commence at the Omagh Gold Mine, County Tyrone, Northern Ireland.
Clients broaden scope of contracts with Bilby
Gas heating, electrical and building services holding company Bilby updated the market on its trading on Monday, announcing that - as a result of its “leading reputation” and continued focus on operational excellence - a number of existing clients had broadened the scope of work to be undertaken by Bilby companies in advance of the group's year end.
Servelec says none of its systems compromised by ransomeware WannaCry
Technology and software group Servelec said none of its systems were compromised by Friday's unprecedented ransomware attack.
K&C says Osprey portfolio outperforming expectations
Residential real estate investment trust group K&C REIT updated the market on its trading and operations in its Osprey portfolio on Monday, after its “active management” in the first 12 months of ownership of the residential portfolio.
Petropavlovsk founder Hambro to step down to NED role
Following objections by a group of shareholders, Petropavlovsk announced that founder Peter Hambro would step down as executive chairman of the London-listed Russian gold miner.
Cyber security stocks Sophos, NCC rally
Cyber security companies Sophos and NCC rallied on Monday on the back of the WannaCry ransomware attack which started to spread on Friday, hitting the NHS, Renault, Nissan and scores of other organisations across the globe.
Custodian REIT's shares edge higher after property deals
Shares in Custodian REIT edged higher after it announced several property purchases.
Mortice expecting earnings well above forecasts
Security and facilities management company Mortice updated the market on its trading for the 12 months to 31 March on Monday, saying that due to the “strong” performance of the combined existing and acquired businesses, the financial results for the year were expected to be “materially ahead” of current market expectations.
Royal Mail promotes Stuart Simpson to role of CFO
Royal Mail has promoted group finance director Stuart Simpson to the role of chief finance officer.
Atlantia makes €16.3bn bid for Spain's Abertis
Italian toll roads and infrastructure company Atlantia has made a €16. 3bn cash-and-share offer for Spanish rival Abertis.
Ophir Energy says Ayame-1X well to be plugged, abandoned
Ophir Energy said the Ayame-1X Well will be plugged and abandoned as a dry hole.
EU launches probe into Aspen Pharma cancer drug pricing
European regulators have launched a formal investigation into Aspen Pharmacare over concerns that the South Africa company has been engaged in 'price gouging' over several of its life-saving cancer medicines.
TUI cruises confidently despite larger first half losses
Thomson travel owner Tui remains confident it can grow underlying earnings 10% this year even though seasonal losses grew in the first half.
Premier Oil production continues to surge
Premier Oil produced more oil and at a lower cost than expected in the first four months of the year and as its new Catcher project in the North Sea comes on stream, plans to be cash flow positive for the year.
Haydale Graphene buys 100pc of US subsidiary
Global nanomaterials group Haydale Graphene announced on Monday that it completed the acquisition of the minority equity interest it did not previously own in its US subsidiary Haydale Technologies.
Lonmin losses grow as second quarter production disappoints
After its poor mining performance continued in the second quarter Lonmin reported larger losses in the first half of the year and cut its capital expenditure, but kept its sales intact.