Company News
Character Group issues warning over toy market downturn
Character Group updated the market on its trading on Wednesday, following its trading statement on 19 September, in which it described market conditions as “challenging”.
Lithium demand predicted to soar even further
Lithium demand is set to soar further as China's plan to ban new petrol-powered vehicles has led to increased forecasts for alternatively fuelled vehicles in coming years.
Shearwater to release update of SecurAccess authentication product
Digital resilience group Shearwater said its identity and access management subsidiary, SecurEnvoy, is due to release an updated version of its multi-factor authentication solution, SecurAccess, by the end of the month.
One million Brits to be protected by safeguard energy tariff
One million British households are set to save an average of £120 a year on their energy bills, Ofgem announced on Wednesday, as it confirmed an extension to its prepayment safeguard tariff for “more vulnerable people” this coming winter.
Telford Homes thrives amid 'acute need' for build-to-rent properties
London-based residential developer Telford Homes said on Wednesday that the "ongoing and acute need" for more homes to be built in London continued to underpin its long-term belief in growing the firm's development capacity.
Proactis revenues rise but post-acquisition costs lead to losses
Software company Proactis announced on Wednesday that it had seen earnings and revenues increase over the financial year leading to 31 July, but still posted an operating loss due to administrative expenses related to recent acquisitions.
Smith & Nephew surges on Elliott Management reports
Smith & Nephew shares were given a leg up in London on Wednesday on the back of speculation that US activist investor Elliott Management was building a stake in the artificial limbs group.
MySQUAR makes 'significant progress' as revenues surge
Myanmar-language social media, entertainment and payments platform MySQUAR updated the market on its recent trading on Wednesday morning, saying it was continuing to make “significant progress” in achieving its operational goals.
Speedy Hire secures extension to bank facilities
Tools, equipment and plant hire services company Speedy Hire has secured an extension to its existing bank facilities.
Countryside Properties completions up 28% amid good demand
Countryside Properties posted a jump in completions on Wednesday thanks to strong demand from first-time buyers and low interest rates.
SIG poaches Marshalls' Allner to be new chairman
SIG, the recovering insulation and roofing materials supplier, has appointed Andrew Allner as its new chairman, leading Marshalls, where he currently occupies the same role, to begin searching for a successor.
Pantheon reports steady production at Texas assets
UK-based oil and gas exploration company Pantheon Resources announced on Wednesday that the operator of its VOBM#3 well in Polk County, Texas had reported steady production across the well's production test.
PageGroup keeps turning over strongly in third quarter
Recruiter PageGroup generated higher than expected profits in the third quarter as continental Europe, the Americas and Asia all delivered strong performances to offset weakness in the UK.
Polymetal reports 'significant' increase in reserves at Komar
Polymetal International reported a “significant increase” in ore reserves at its Komar gold deposit in Kazakhstan on Wednesday.
Wood Group wins new multi-million dollar contract with Total
Wood Group announced on Wednesday that it has been awarded a new multi-million dollar contract by Total, supporting their Lindsey Oil Refinery located in North Killingholme in Lincolnshire.
Sheppard out, Hudson in at helm of Ibstock
Ibstock announced on Wednesday that Wayne Sheppard has notified the board of his intention to retire in 2018 after 22 years with the group - including the last two as chief executive.
Mondi warns on full-year profit as costs rise
Mondi issued a warning that is full-year profits will come in below expectations on Wednesday, pinning it on rising costs and currency movements.
Dunelm LFL sales up but margins hit
Homeware retailer Dunelm reported a jump in total like-for-like sales on Wednesday, but said the addition of Worldstores - which it acquired last November - has hit margins.
Hargreaves Lansdown rakes in GBP1.5bn of new business
Hargreaves Lansdown enjoyed a strong start to its new financial year, with strong levels of net new business flows and assets under administration swelling 3. 5% over the first quarter or 21% over the same period last year.