Company News
Serica Energy halts operations at Erskine field
AIM-listed oil and gas company Serica Energy shares slipped on Monday morning after the firm announced that its condensate export pipeline had been blocked.
Dekeloil increases production by a quarter at West African project
Palm oil producer Dekeloil issued an update on its Ayenouan project in Côte d'Ivoire on Monday in which it informed investors that it had successfully upgraded capacity at its crude palm oil extraction mill by 25%.
Bookmakers plunge on fixed-odds betting report
Suggestions in the weekend press that new Culture Minister Matt Hancock will slash the maximum stake on fixed-odds betting machines to £2 hit shares in bookmakers on Monday.
FCA may widen SME access to Financial Ombudsman Service
Financial services companies may face more disputes with SMEs after the UK financial regulator proposed widening access to the Financial Ombudsman Service to include business with up to 50 employees.
Michelmersh Brick expects significant revenue boost after Carlton acquisition
AIM-listed brick maker Michelmersh (MBH) expects revenue and profit to meet market expectations for the 2017 trading year after finalising the integration of recently acquired Carlton Brickworks.
Goals Soccer Centres sees FY profit at lower end of market expectations
Five-a-side football group Goals Soccer Centres said on Monday that 2017 profits are likely to be broadly in line with the lower end of market expectations, as it reported a drop in full-year like-for-like sales.
Lonmin full-year loss widens on impairment charge
Platinum miner Lonmin swung to a bigger loss in 2017 as it took a hit from a $1. 05bn impairment charge.
Richemont offers €38 a share to take over Yoox Net-a-Porter
Swiss luxury goods group Richemont has offered to buy the shares in Yoox Net-a-Porter it does not already own.
Gem Diamonds recovers 149 carat diamond from Letseng
Gem Diamonds has recovered an "exceptional quality" 149 carat, D colour Type IIa diamond, with "excellent" shape, from the Letseng mine in Lesotho.
Gulf Keystone lowers production guidance as focus switches to expansion
Oil and gas explorer Gulf Keystone Petroleum (GKP) shares slid as much as 11% on Monday morning after dropping its production guidance for its current trading year around 5,000 to 6,000 barrels per day.
Dixons Carphone narrows profit guidance, appoints Alex Baldock as CEO
Dixons Carphone narrowed its full-year profit guidance on Monday as it announced the appointment of Alex Baldock as its new chief executive.
NMC Health agrees two acquisitions and new O&M contract in Egypt
NMC Health has agreed to acquire a United Arab Emirates-based cosmetic surgery business, a medical centre in Saudi Arabia and agreed a new contract to operate and manage two Egyptian hospitals.
Peter Spencer leaves IMI, Phil Clifton to lead division in interim
IMI outlined a number of changes to its executive committee on Monday, with Peter Spencer - divisional managing director of IMI Hydronic Engineering and a member of the committee - leaving the group.
AVEVA makes solid progress as it closes 'significant' contract
Engineering data and design IT systems provider AVEVA Group updated the market on its trading for the nine months to 31 December on Monday, and detailed a recent significant contract.
Computacenter revenue rises across the board
Independent provider of IT infrastructure services Computacenter updated the market on its trading on Monday, based on preliminary unaudited financial information for the year to 31 December 2017.
Kier takes over Carillion projects, wins further contracts
Property, residential, construction and services group Kier updated the market on its infrastructure and regional building businesses on Monday, including the transfer of HS2 and Highways England smart motorway projects from the defunct Carillion.
Workspace to buy Centro Buildings in Camden
Workspace has exchanged contracts to buy five of the Centro Buildings in Camden, London, for £109m.
BGEO's Bank of Georgia wins top award for second year running
BGEO Group announced in an update on Monday that its banking business subsidiary, JSC Bank of Georgia, has been recognised as the ‘Best Trade Finance Bank’ in Georgia in 2017 by Global Finance for the second consecutive year.
National Grid upbeat on Niagara Mohawk rate plan proposal
National Grid announced on Monday that, following the rate case filing in April last year, both it and the New York Public Service Commission (NYPSC) have filed a joint proposal for a three-year rate plan settlement for the Niagara Mohawk Power Corporation electric and gas distribution utility.
Compass sees effective tax rate cut to 24% on US changes
FTSE 100 catering company Compass said on Monday that changes to the US tax system will cut its effective tax rate from 26. 5% to around 24%.