Company News
SafeCharge launches new marketplace payments solution
Payments services provider SafeCharge launched its ‘Marketplace Manager’ product on Tuesday, describing it as a single API-based solution to relieve “payment pain points” for marketplaces, while enabling them to remain in full control of operations and the user experience for both buyers and sellers.
Oxford Metrics spends £2m on Kiwi motion tech developer
International software company Oxford Metrics announced the acquisition of New Zealand-based motion measurement system developer IMeasureU on Tuesday.
Gemfields slumps as Pallinghurst wins bidding war
Gemfields shares slumped on Tuesday as Pallinghurst Resources received overwhelming support from its shareholders to go ahead and buy up the remaining shares in the Faberge owner it doesn't already own.
Debenhams warns over full-year profit as sales drop
Department store Debenhams warned on Tuesday that full-year profits could be towards the lower end of the current range if market volatility continues, as it reported a drop in third-quarter like-for-like sales.
CMA says Heineken's proposals might remedy competition concerns
The Competition and Markets Authority said there are reasonable grounds to believe that proposals put forward by Heineken might remedy competition concerns over its £402. 7m proposed purchase of London-listed pub operator Punch Taverns' estate.
Carpetright FY profits drop but results please
Carpetright reported a slump in full-year profit as it took a hit from the weaker pound and the revamp of its stores.
Slower UK puts brakes on Northgate full year profits
A weaker performance in the UK saw full year pre-tax profits at commercial vehicle hire firm Northgate fall to £72. 2m from £77. 6m.
Petrofac claims solid start to year as backlog shrinks
Petrofac issued a pre-close trading update on Tuesday morning, ahead of the announcement of its half year results for the six months to 30 June on 30 August, claiming underlying net profit for the first half of 2017 was expected to be between $135m and $145m, with full year net profit expected to be weighted to the second half of the year.
Travis Perkins appoints Stuart Chambers as chairman
Builders' merchant Travis Perkins has announced the appointment of Stuart Chambers as its chairman with effect from November.
LondonMetric sells last office office building for £68.5m
LondonMetric Property said it had sold its last remaining office asset in Marlow to Kildare Partners for £68. 5m.