Company News
Dixons Carphone warns on profits as mobile challenges worsen
Dixons Carphone warned that its annual profits will be well short of expectations due to the new business model of its sales software division, while also cautioning that the UK mobile phone market was proving "more challenging".
Bushveld extends Wogen working capital facility
Diversified mineral development company Bushveld Minerals announced on Thursday that Bushveld Vametco had agreed to increase the working capital facility governed by the definitive sales and marketing agreement with Wogen Resources to $11m from $9m, with immediate effect.
Snoozebox wins semi-permanent contract for 80 rooms
Provider of rapidly-deployed serviced accommodation, Snoozebox Holdings, announced on Thursday that it had secured a semi-permanent contract to provide 80 V1 rooms configured as workforce accommodation in “a remote area of the UK” for an initial period of 12 months.
Integumen patents and trademarks progress
Personal health care company Integumen updated the market on its patents and trademarks on Thursday, confirming it had received notices of allowance for the trademark ‘Clarogel’ in the US and for its base ‘Visible Youth’ patent in Canada, as well as a patent in the US for its ‘TS1’ tongue vacuum cleaner.
Friday preview: Will Yellen and Draghi Jackons Hole speeches be worth waiting for?
Friday is a key day for the Jackson Hole central bank symposium, with speeches from Janet Yellen and Mario Draghi, while being a quieter day for FTSE 350 company news.
Macfarlane Group confident of meeting full-year targets
Macfarlane Group continued to perform well in the first half of 2017, augmenting its directors' confidence that its full year expectations for the year will be achieved, the group announced on Thursday.
FCA consents to FairFX acquisition of CardOne
FairFX updated the market on its conditional acquisition of CardOne on Thursday, reporting that the Financial Conduct Authority had now consented to the acquisition by FairFX of a ‘qualifying holding’ in CardOne.
BlueRock Diamonds on track to meet production target at Kareevlei
BlueRock Diamonds, the operator and owner of South Africa's Kareevlei Diamond Mine, announced on Thursday that it was on track to reach its target production level of 25,000 tonnes amid evidence of continued improvements in production.
Golf club maker Ping fined £1.45m for preventing online sales
Golf club maker Ping has been fined £1. 45m by the Competition and Markets Authority, for preventing retailers from selling its products online.
Sports Direct ups stake in Goals Soccer
Mike Ashley's Sports Direct International has upped its stake in Goals Soccer Centres, the AIM-listed five-a-side football operator.
Utilitywise shares bump around as board talks stability
Independent utility cost management consultancy Utilitywise updated the market on its trading for the year to 31 July on Thursday, confirming it had performed in line with the expectations announced at the end of July.
Metal Tiger reports completion of revised Mineral Resource Estimate
Metal Tiger revised the maiden mineral resource estimate for its Botswana copper joint-venture with MOD Resources significantly higher following inclusion of the results of all the holes drilled during the first quarter of 2017.
OneSavings profit up 20% in first half, beats expectations
OneSavings Bank posted a 20% increase in first-half profit on Thursday as its loan book grew.
Scientific Digital Imaging acquiring Applied Thermal Control
Scientific and technology products designer and manufacturer Scientific Digital Imaging announced the acquisition of Applied Thermal Control on Thursday for an initial consideration of £0. 69m, with the total consideration including earn-out capped at £1. 2m, plus an additional cash payment for net assets at completion.
Premier Oil posts record production levels in first half
UK based oil and gas firm Premier Oil had a solid performance in the first half of 2016 leading it to raise its production forecast by 7% for the whole year.
PV Crystalox dives into losses due to Chinese solar overcapacity
PV Crystalox Solar said on Thursday that prices had remained decoupled from production costs due to an over-capacity of the photovoltaic (PV) industry in China, the biggest manufacturer of solar products in the world.
Arian Silver completes first phase of auger drill programme at Zacatecas
Arian Silver completed the first phase of its auger drill programme across the company's three lithium projects in Mexico, after initial delays caused by unreasonably wet weather.
Palace Capital sells Bristol leasehold at current book value
Property investment company Palace Capital announced on Thursday that it sold the long leasehold interest in Stratton House, Cater Road, Bristol to the MCR Property Group for a consideration of £2. 25m, equivalent to current book value.
Pennon and John Laing agree terms over Manchester recycling and waste contract
Pennon's Viridor waste treatment arm and John Laing have agreed the terms by which the Greater Manchester Waste Disposal Authority will cancel its 25-year recycling and waste management private finance initiative contract.
Petrofac CEO hit with Italian insider trading charge
Troubled oil services company Petrofac has backed chief executive Ayman Asfari after he was fined by Italian regulators for alleged insider trading.