Company News
Friday preview: More Provident horrors to emerge on Friday 13th?
Investors will be peeking between their fingers for any Friday 13th horrors from Provident Financial after plenty of bloodletting at the doorstep lender this year, while an already-spooked dollar could provoke some screams if US inflation data is a shocker.
Harvest Minerals completes first placing and sales, touts "robust order book".
Fertiliser development company Harvest Minerals said it has completed a placing to support the building of the sales pipeline at its Arapua fertiliser project in Brazil while simultaneously touting a "robust order book".
Royal Mail wins court injunction to prevent strike
Royal Mail has won a High Court injunction to block a 48-hour strike planned by postal workers next week.
Ofgem energy price cap could last through 2023
Downing Street's plan to freeze the cost of power to almost two-thirds of British households could potentially see energy regulator Ofgem cap standard variable tariffs to around 18m accounts until 2023.
Digital Barriers disposal gets shareholder nod ahead of vote
Surveillance, security and safety technology provider Digital Barriers updated the market on the sale of its video division to Volpi for £27. 5m, as initially announced on 9 October.
Angle extends fundraising after investor suffers paperwork problem
Liquid biopsy company Angle announced on Thursday that it has conditionally raised £2. 8m through a subscription for 7,481. 570 new ordinary shares, at a price of 37. 5p each.
Active Energy submits all final documents for Crown Timber Licence
London quoted company Active Energy has announced the submission of all final documents to the Ministry of Fisheries and Land Resources of the Crown Province of Newfoundland and Labrador, for a Crown Timber Licence as well as Forestry Management Agreements on the Forestry Management Districts 17 and 18.
Lloyds Bank to buy Zurich's UK workplace pensions and savings business
Lloyds Banking Group has agreed to buy Zurich Insurance's UK workplace pensions and savings business, which has assets under administration of £19bn, for an undisclosed sum.
Minds + Machines gets four domains approved in China
Internet top-level domain operator Minds + Machines Group announced on Thursday that, following on from the success of launching . vip in China, an initial batch of four of its top-level domains have been granted approval by the Chinese regulator, MIIT, for use in the country.
Atalaya Mining announces record levels of copper production
Cyprus-based group Atalaya Mining announced on Thursday that copper production at its Proyecto Riotinto asset had increased nearly 18% over the three months leading to 30 September, marking record production levels against its second quarter.
Carillion confirms 'more than one' approach for UK healthcare business
Carillion said it has received bids from "more than one credible counterparty" for a possible acquisition of its UK healthcare business.
Trudeau warns Trump over potential fallout from Bombardier spat
Canadian Prime Minister Justin Trudeau told Donald Trump on Wednesday that he would stop his nation's military from purchasing any further aircraft from Chicago based aerospace giant Boeing if the White House insisted on moving forward with its plans to enforce a 300% import tariff on Bombardier aeroplanes into the US.
Polar Capital raises assets under management
AIM-quoted investment management company Polar Capital Holdings reported on Thursday that its assets under management (AUM) had risen roughly 13% to £10. 6bn over the three months leading to 30 September.
French drugmaker Sanofi to invest €170m to expand seasonal flu vaccine site
French drugmaker Sanofi said it was investing €170m in effort to expand a vaccine manufacturing site in Val de Reuil, located in France, reinforcing the company's position as a global leader in seasonal flu vaccines.
Two tier 1 customers renew contracts announces Osirium Technologies
Two tier 1 customers, a telecommunications group and global aerospace and defence company, have decided to renew their contracts, announced Osirium Technologies on Thursday.
Ironveld still confident Middelburg acquisition will proceed
Ironveld, the owner of a high purity iron, vanadium and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa, updated the market on the acquisition of a smelting business on Thursday.
Flowtech Fluidpower acquires Gloucester-based Group HES
Specialist technical fluid power products supplier Flowtech Fluidpower announced the acquisition of Group HES on Thursday, in a bid to further strengthen its Power Motion Control (PMC) division.
Tarsus reports trading in-line with strong performances from major events
Integrated media group Tarsus announced on Thursday that increased trading witnessed in its second half had kept the group in-line with its guidance as key events performed well and buyer levels ticked up 7%.
WH Smith FY profit rises as travel business overtakes high street
WH Smith reported a rise in full-year profit and revenue on Thursday as a solid performance from its travel business helped to offset weakness in high street stores.
Just Eat gets CMA green light to gobble up Hungryhouse
Just Eat has been given provisional approval by UK competition authorities to complete its acquisition of rival online food ordering website Hungryhouse, deciding that its initial concerns were unfounded.