Company News
Market buzz: Sky and BT win most Premier League TV rights
1920: English Premier League football TV broadcasting rights for the three seasons beginning 2019/20 have been decided - well most of them. BT Sport and Sky Sports have defended well, keeping most of the games for a cost of £4. 46bn, with two of the seven live broadcasting packages still to be confirmed by the EPL, which said there was "interest from multiple bidders". BT Group has secured a package of 32 games per season for a total across the three seasons of £885m.
Sky and BT cut spending on Premier League football TV rights
Most Premier League football live broadcast packages for the three seasons beginning 2019/20 have been agreed, with Sky and BT Group picking up the bulk of games for £4. 5bn.
Good Energy to redeem bonds after solar farm sale
AIM-listed company Good Energy Group announced on Tuesday that it will redeem its first bond on 29 March.
Verona Pharma reports clinical trials running ahead of schedule
Biopharmaceutical company Verona Pharma expects to receive results from ongoing clinical trials earlier than originally anticipated.
Core Industrial REIT set for listing in London and Dublin
Ireland-focused real estate investor Core Industrial REIT announced on Tuesday that it intends to float in Dublin and on London's AIM, with the intention of raising €225m from shares priced at €1. 00.
Ryanair will pay over 100m euros more to pilots after union protests
Budget carrier RyanAir has announced that the 20% increase in salaries it's negotiating with its pilots will push its costs €100m higher next year.
Wednesday preview: US inflation data 'key' to stock market correction
Tuesday's US inflation reading is seen as crucial to many traders and analysts, with eurozone GDP unlikely to surprise and UK company results coming from the likes of Galliford Try and Shire.
UNILAD team to join Gfinity's Elite Series
Esports entertainment group Gfinity announced on Tuesday that UNILAD Esports - a team backed by its online media namesake - has acquired a place to compete in the third season of the Gfinity Elite Series, taking place at the Gfinity Esports Arena in London in March and April.
MobilityOne subsidiary delivers new app for Meghna Bank
E-commerce infrastructure payment solutions and platform provider MobilityOne announced on Tuesday that its 55%-owned subsidiary in Bangladesh, Mobility i Tap Pay, has developed a mobile banking app for Meghna Bank.
SerVision needs funding to cope with mounting debt
SerVision shares plummeted over 20% on Monday after the digital security manufacturer warned that it urgently needed to raise funds.
Work begins for Botswana Diamonds' Sunland venture
Botswana Diamonds announced on Tuesday that work is commencing on the first half Alrosa/Botswana joint venture - Sunland Minerals - in Botswana.
Audioboom to combine with audio software giant Triton
Podcast audio-on-demand platform operator Audioboom announced its intention to acquire the entire issued share capital of Triton Digital Canada - the parent company of Triton Digital - for a cash consideration of $185m (£134m) on Tuesday, subject to adjustment for normalised working capital.
Mucklow profits on the rise
Real estate investment trust A&J Mucklow Group saw profits soar in its first trading half thanks to some exceptionally positive asset revaluations.
Amazon plans hundreds of job cuts in Seattle
Amazon is planning hundreds of layoffs at its Seattle headquarters and across its operations worldwide, a rare move following an eight-year long hiring spree which saw its Seattle workforce soar from 5,000 in 2010 to 40,000.
TruFin takes AIM at the London Stock Exchange
FinTech and banking business TruFin has announced its proposed admission to the AIM market of the London Stock Exchange after successfully executing a conditional placing and subscription of shares.
National Milk Records reports business has not soured
National Milk Records (NMR) has reported a successful six months of trading with a drop in debt and strong growth in profits, amid increased demand for its screening services and a recovery in milk prices .
Itaconix shares tumble after revenue growth comes slower than hoped
Chemicals business Itaconix saw revenues double in its recently wrapped up trading year, but still failed to turn a profit of any sort.
Mayan Energy kicks off production at Texas asset
AIM-quoted oil and gas exploration firm Mayan Energy has initiated production at the Gilbreath #19 well at Forest Hill Field in Texas, collecting 55 barrels of oil during the first 24 hours of operation.
Interserve accounts come under close watch from Cabinet Office
Interserve is coming under particularly close attention by the government after the collapse of rival contractor Carillion, according to new reports.
Mosman Oil picks up steam on US operations
Shares in Australian exploration and production firm Mosman Oil & Gas rocketed ahead on Tuesday after it announced that its USA assets had all begun to generate increased cash flow thanks to production improvements, lower costs and higher oil prices.