Company News
Qualcomm increases NXP offer in order to fight off Broadcom takeover
US chip giant Qualcomm upped its bid for NXP Semiconductors to roughly $44bn on Tuesday as part of its efforts to win shareholder support for the acquisition and further its expansion into the fast-growing motor vehicle chip market and reduce its reliance on smartphones.
Cash generative Tracsis expects strong first-half growth
Traffic software company Tracsis announced on Tuesday that it expects strong growth for its half-year earnings and revenue when compared to the previous year.
Springfield Properties sees double-digit revenue and profit growth
AIM-quoted housebuilder Springfield Properties reported a double-digit jump in profit and revenue in its maiden interim report card since floating on the market back in October 2017.
Kodal partner withdraws from joint venture in Ivory Coast
Kodal Minerals provided an update on its Ivorian joint-venture gold exploration projects on Tuesday, stating that Newcrest Mining intends to withdraw from a joint-venture.
Deltex wins tender with Paris hospital system
UK-based haemodynamic management company Deltex Medical Group announced on Tuesday that its French distributor had been awarded a new tender to supply Parisian hospitals with its CardioQ-ODM+ equipment.
Wednesday preview: UK wages, US Fed minutes and Lloyds strategy in focus
Wednesday is a big and busy day for macro news, with crucial UK labour market data, initial Eurozone purchasing managers' surveys and a closely watched set of FOMC minutes, plus corporate results from Lloyds Banking Group, Glencore and Barratt Developments.
CityFibre ends year in line with market expectations
Fibre-optic infrastructure designer, builder, operator, and owner CityFibre updated the market on its trading for the year ended 31 December on Tuesday, confirming results would be in line with current market expectations.
African Battery Metals knuckles down at Kisinka
Exploration company African Battery Metals updated the market on its exploration programme at its recently-acquired cobalt-copper interests in the Democratic Republic of the Congo on Tuesday, confirming that field exploration and mapping at Kisinka had now begun.
Hunters outperforms market as it expands branch network
Franchised sales and lettings agency business Hunters updated the market on its trading on Tuesday, ahead of its results for the year ended 31 December.
Lok'nStore extends bank facility, adds Leicester to pipeline
Self-storage company Lok'nStore announced an increase in its banking facility to £50m on Tuesday, following the execution of a £10m accordion.
Asda growth slows in fourth quarter, adding to Walmart disappointments
Asda, Britain's third-largest supermarket chain, grew sales in the fourth quarter but it was far from enough to help parent Wamart from reporting a disappointing profits over the key festive period.
HSBC annual profit disappoints as CEO Gulliver says goodbye
HSBC’s annual profit fell short of expectations as Stuart Gulliver reported his final set of results as leader of the global bank.
Spitfire eyes Salmon Gums renewal and new projects as losses mount
Spitfire Oil released its half year report on Tuesday, showing increased losses as directors seek to “revitalise” the company.
Rite Aid surges on Albertsons merger plan
Shares in drugstore chain Rite Aid surged in pre-market trade on Tuesday as it agreed for grocery chain Albertsons to buy the remainder of the company that isn't being sold to Walgreens Boots Alliance.
Concepta lands distributor deal for Chinese Android app stores
Concepta has signed an agreement for the distribution of its new myLotus app in China.
One Media inks annual contract with 'major international music label'
Intellectual property group One Media has signed an annual contract with an unnamed "major international music label" for the use of its technical copyright analysis tool, a content discovery and policing software.
Tlou Energy share prices soar over 35% following material upgrade
Tlou Energy’s share prices jumped over 35% on Tuesday after it announced that its 2P and 3P coal bed methane (CBM) reserves have seen a material upgrade following assessment.
Havelock secures additonal funding for strategic and short-term agendas
Interior solutions provider Havelock Europa announced it had finalised an agreement to secure additional funding for the group at the same time it issued an update on its recently ended trading year on Tuesday.
Thor Mining hammers home advantage after tungsten deemed "critical" by US
Thor Mining announced on Tuesday that it plans to accelerate development of its Nevada-based tungsten mining project after the commodity was deemed "critical" by a US government agency.
The PRS REIT raises £250m to help fund massive housing pipeline
Closed-ended real estate investment trust, the PRS REIT, announced on Tuesday that it has successfully raised gross proceeds of £250m through a recent placing.