Company News
Atalaya sees production increases in first full year of operations at Proyecto Riotinto
Cyprus-based copper company Atalaya Mining produced 37,164 tonnes of copper at its Proyecto Riotinto over its first full calendar year, up from the 26,179 tonnes mined in 2016.
Revolution Bars grows holiday sales for fifth consecutive year
Premium bar operator Revolution Bars saw total revenue jump 10. 6% in the six months leading to 30 December, as four newly opened venues gave the group an extra boost during the all-important Christmas and New Year trading period.
Tesco to revamp operational structures
Tesco has today announced changes to simplify its operational structures, improve efficiency and give line managers clearer accountability for colleague and customer experience.
Tuesday preview: Spotlight on results from Easyjet, N Brown, Pets at Home
Tuesday sees updates on UK public finances and the CBI's industrial trends survey, with the Bank of Japan's policy statement for early risers and company updates from Easyjet, SSP and retailers N Brown and Pets at Home.
Strix Group reports solid progress at full year
Designer, manufacturer and supplier of kettle safety controls and other complementary water temperature management components Strix Group updated the market on its trading for the year to 31 December 2017 on Monday.
Angus Energy enters partnership at Balcombe Field
Conventional oil and gas production and development company Angus Energy announced on Monday that it has entered into a definitive agreement to form a new partnership with Cuadrilla Balcombe and Lucas Bolney.
ADM makes bid for Bunge, Glencore seen lying in wait
US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.
Barclays climbs after Tiger hedge fund builds stake
Shares in Barclays were boosted on Monday after news that a US hedge funds had made a £1bn bet on the bank's rebound.
AIG reaches deal to acquire Bermudian insurer for $5.56bn
Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.
APC Technology to distribute 3D PLUS in UK and Ireland
Specialist technologies and electronic components designer, specifier and distributor APC Technology Group has signed an agreement to become the UK and Ireland distributor for 3D PLUS, a manufacturer of advanced high-density 3D microelectronics products for space applications, it announced on Monday.
Gaming Realms agrees two-year deal with Golden Nugget
Developer, publisher and licensor of mobile real-money and social games, Gaming Realms, announced on Monday that it has signed a two-year licensing and revenue share agreement with New Jersey-based online casino, Golden Nugget Casino, to launch its ‘Slingo Originals’ content.
1,700 jobs at risk as Tesco simplifies operations
Tesco has announced plans to simplify its operational structures that will affect 1,700 jobs.
Avacta enters research collaboration with OncoSec
Avacta Group announced on Monday that it and OncoSec Medical Incorporated have entered into a research collaboration to combine Avacta's ‘Affimer’ protein platform with OncoSec's gene delivery technology ‘ImmunoPulse’.
Quadrise Fuels knows no reason for share price move
AIM-listed Quadrise Fuels noted the recent movement in its share price on Monday and said it's not aware of any reason for the drop.
Town Centre Securities makes solid progress in first half
Leeds-based property investor and car park operator Town Centre Securities updated the market on its financial half-year ended 31 December 2017 on Monday.
Indivior boosted as opioid addiction rival trips over regulatory hurdle
Shares in Indivior received a shot in the arm on Monday after news emerged over the weekend that a rival had hit a regulatory hurdle.
Abcam enters license agreement with Roche
Life science research tools supplier Abcam announced on Monday that it has entered into a definitive license agreement with Roche.
Juno Therapeutics surges on Celgene deal
Juno Therapeutics was set to surge at the open on Monday after agreeing for Celgene to buy the shares in the biopharmaceutical group it does not already own for around $9bn in cash.
Stapleton Capital changes name to focus on blockchain
Stapleton Capital, a company originally formed to acquire a company or business in the telecoms sector, announced on Monday that its directors have identified a number of blockchain technology investment opportunities in recent months.
Ocado surge stings short-sellers after second major international contract
Ocado has won its second major international customer less than two months after the first, signing up Canada's second largest supermarket group.