Company News
Kepler Cheuvreux initiates coverage of Shire with a 'buy'
Analysts at Kepler Cheuvreux announced on Friday they had commenced coverage on rare diseases specialist Shire.
BCC calls for no new taxes on businesses in current parliament
The British Chambers of Commerce is calling on the government to ensure no new upfront costs or taxes for business in this parliament to ensure the UK remains an attractive and competitive environment going forward, after a survey released on Friday found that four out of every five businesses have seen their costs increase.
Berenberg reiterates 'hold' on Interserve, drops target price
After reporting weaker than expected first half numbers on 9 August, analysts at Berenberg Research reiterated a 'hold' recommendation on Interserve shares but dropped the target price by 26% to 200p.
Aston Martin accelerates into third consecutive quarterly profit, eyes IPO
Aston Martin posted its third consecutive quarterly profit thanks to strong demand for its new DB11 grand tourer and a 67% increase in overall deliveries.
Unilever reportedly frontrunner in beauty contest for Estee Lauder
Consumer goods giant, Unilever, is reportedly the frontrunner in a beauty contest between rival bidders for US outfit Estee Lauder.
Edenville gives update on Rukwa coal site
On Friday, Edenville Energy provided an update on its Rukwa coal project site under development off the south western coast of Tanzania in the Zanzibar Archipelago.
Philip Green's Arcadia agrees deal with BHS liquidators
Philip Green’s Arcadia retail group has agreed to pay £30m to unsecured creditors of BHS after the collapse of the department store chain last year, UK media reported.
Axis Capital sweetens bid for Novae
Axis Capital has sweetened its takeover offer for Lloyd's of London insurer Novae to £477. 6m from the £467. 6m agreed last month.
British Airways criticises Border Force over delays
British Airways has hit out at the UK Border Force over long delays caused by premature closures of passport check stations.
Credit Suisse cuts Dixons Carphone target, says Xmas trading will be key
While reiterating their 'outperform' rating on Dixons Carphone's, on Friday Credit Suisse analysts slashed their target price on the stock from 400p to 280p.
Air Partner expects 25% year-on-year jump in first half profits
Global Aviation services group, Air Partner announced on Friday that it had made a strong start to the year with an expected underlying pre-tax profit for the first half of trading that would see it take-off by at least 25% higher than at the same time of last year.
Shire in collaboration with MicroHealth on haemophilia monitoring tool
Shire has agreed to collaborate with MicroHealth Inc to support a free and secure monitoring tool for haemophilia A and B patients with inhibitors.
WYG warns 1H operating profits will be significantly lower than expected
WYG, the global programme, project management and technical consultancy, said operating profits at the half-year stage would be "significantly" less than previously anticipated due to a plethora of factors, but added that full-year revenues were still seen higher in comparison to the year ago period.
Vodafone commences £1.5bn share buyback programme
Telecommunications giant, Vodafone Group announced on Friday it had launched a share buyback programme for as many as 729. 1m shares.
Access Intelligence reports improved customer renewal rates
Access Intelligence, a leader in corporate communications and reputation management software, announced significant improvements in both customer renewal rates and new business performance, albeit alongside a sharp fall in revenues.
Ncondezi very encouraged by offers from potential partners for Mozambique plant
Ncondezi Energy said it was on track to find a new partner to develop its namesake 300MW coal fired power project in Mozambique and that its directors had agreed to defer repayment of their loans for 12 months.
CentralNIC acquires top tier Slovakian domain registrar
Internet domain name registry service, CentralNic announced on Friday it would be acquiring its Slovakian counterpart, SK-NIC, which manages the national standard . sk domain in the nation.
Aseana post pre-tax losses despite increased revenues
Aseana Properties revenue rose 82% in the six months leading up to 30 June, from $3. 9m in 2016 to $9. 3m this year.
ITM Power posts strong project income, sees fast-growing market
ITM Power boasted strong project income in its maiden full-year results as a listed company while flagging further progress since period-end.
Quadrise Fuels not aware of any reason for share price drop
AIM-listed emulsion fuel manufacturer Quadrise Fuels said on Friday that it is not aware of any specific reason for the drop in its share price.