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Company News
08 Feb
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Official Receiver announces 101 further job losses at Carillion

More than 100 additional Carillion employees have been made redundant on Thursday, pushing the total figure to 930, according to the Official Receiver.

08 Feb
compass group food jobs catering
Compass points towards north end of growth targets

Compass guided towards good growth for the full year after a strong start to the year, though the catering group said the first quarter was soured slightly by higher UK cost pressures.

08 Feb
Ethernity Networks appoints new VP of worldwide sales

Data processing technology Ethernity Networks announced on Thursday that it has appointed Rob O'Hara as its vice president of worldwide sales.

08 Feb
Australia flag
Thor Mining places in trading halt on ASX

Thor Mining confirmed on Thursday that its shares have been placed in a trading halt on the Australian Securities Exchange (ASX) at the request of the company, pending the release of an announcement in relation to a resource announcement on the Kapunda copper project, in which it could earn up to a 45% interest.

08 Feb
Goals Soccer Centres appoints new CEO

Outdoor small-sided soccer centre operator Goals Soccer Centres announced on Thursday that, after what the board called a “rigorous and extensive” search, it has appointed of Andrew Edward Anson as its chief executive with effect from 23 April.

08 Feb
Muddy Waters takes a bite out of Apple supplier IQE

Shares in Welsh Technology firm IQE have tumbled almost 19% after Muddy Waters Capital raised concerns about the company's accounting.

08 Feb
sidney australia
88 Energy shares halted on ASX

88 Energy issued a short update on Thursday, announcing that its shares have been placed in a trading halt on the Australian Securities Exchange, pending the release of an announcement in relation to underwriting of listed options in the company.

08 Feb
libra pound 150
Tracsis confirms consideration details for recent acquisitions

Tracsis issued further information on its recent acquisitions on Thursday, having announced the purchase of the entire issued share capital of Travel Compensation Services, Delay Repay Sniper and S Dalby Consulting on 1 February.

08 Feb
DFS Enfield LondonMetric
Sofology acquisition lifts sales at DFS Furniture

DFS Furniture posted a rise in first-half sales on Thursday thanks to its acquisition of Sofology, as it said full-year expectations remain unchanged.

08 Feb
victrex, plastics
Friday preview: Industrial production, construction and trade in focus

Friday should be quite quiet after recent events, with Victrex the biggest name expected to provide a trading update ahead of UK industrial production numbers later in the morning.

08 Feb
Dillistone shares jump as company guides higher on operating profits

Share in Dillistone jumped after the company guided towards significantly better-than-expected full-year operating profits and sounded a confident note on the likely success of its new GatedTalent platform.

08 Feb
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LMS Capital sells minority interest in Brockton Capital LLP

LMS Capital announced continued progress in the realisation of its portfolio on Thursday, with the sale of its minority interest in Brockton Capital LLP.

08 Feb
Elektron Technology makes good full-year progress

Elektron Technology updated the market on its trading for the financial year to 31 January on Thursday, reporting that group revenue from continuing operations was expected to be approximately £30. 5m - a 10. 9% increase on a like-for-like basis compared to the previous year, returning the business to growth.

08 Feb
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Epwin Group confident despite some trading turbulence

Low-maintenance building products manufacturer Epwin Group updated the market on its trading for the year to 31 December 2017 on Thursday, reporting that its operating profits before non-underlying items were expected to be in line with market expectations.

08 Feb
gold bars precious
China Nonferrous Gold subsidiary extends procurement agreement

Mineral exploration and mining company China Nonferrous Gold announced on Thursday that LLC Pakrut, its wholly-owned subsidiary, has extended the procurement agreement with China Nonferrous Metals International Mining Company - the company’s 38. 36% shareholder.

08 Feb
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Marlowe buys Derbyshire-based water treatment business Future Water

AIM-listed support services group Marlowe has bought Derbyshire-based water treatment company Future Water for up to £640,000.

08 Feb
randgold miner mining
HSBC upgrades Randgold to 'buy', expects further dividend growth

Analysts at HSBC upgraded their recommendation for shares of Randgold Resources on Thursday from 'hold' to 'buy', telling clients they expect the outfit to hike its payout by 50% in 2018 after the company reported record production and increased profits for its most recent trading year.

08 Feb
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Beazley sees premiums rise after year of disasters

Beazley expects double-digit premium growth this year as the insurer emerges from a year when hurricanes, earthquakes and fires battered its profits.

08 Feb
Tesla suffers record loss in fourth quarter of 2017

Elon Musk’s electric car and battery company Tesla has revealed the biggest quarterly loss in the company’s history, though it was not as bad as Wall Street estimates had feared.

08 Feb
millennium copthorne hotel
Millennium & Copthorne cuts dividend to invest

Millennium & Copthorne has cut its dividend to preserve cash for investment after a year in which the hotel group struggled to adjust to travellers booking online and rising costs.