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Company News
26 Feb
Ten Lifestyle wins multi-year contract with 'premier' US bank

AIM-listed Ten Lifestyle has won a multi-year contract with one of America's "premier" private and business banks, headquartered in California, to provide concierge services to its high and ultra-high net-worth clients.

26 Feb
factory, gkn, industrial, engineer, melrose
Melrose receives US and Canadian clearance for hostile GKN bid

Turnaround specialist Melrose Industries said on Monday that its £7. 4bn hostile bid for engineer GKN has received clearance from US and Canadian authorities.

26 Feb
ep data
GlobalData in 'advanced discussions' for trio of acquisitions

GlobalData is looking to acquire Research Views Limited, Progressive Ventures Limited and Progressive Media Ventures Limited, along with their respective subsidiaries, in an all-share transaction.

26 Feb
Gold bars
Conroy strikes gold and sees share prices sparkle

Conroy Gold and Natural Resources announced on Monday that it has discovered "an extensive gold zone" at its wholly owned Clontibret gold deposit in the North of Ireland.

26 Feb
LED lights by Phil Roeder (Flickr)
Dialight swings to a profit but manufacturing challenges remain

Industrial lighting manufacturer Dialight swung to a profit in the year ended 31 December, as lower costs and flat revenues helped offset blows to its order book coming in the form of manufacturing issues.

26 Feb
vietnam flag
VinaCapital pours $33m into big Vietnamese egg producer

VinaCapital’s flagship fund, the VinaCapital Vietnam Opportunity Fund, has invested in Vietnam’s leading producer of pasteurised eggs and poultry meat Ba Huan JSC, it announced on Monday.

26 Feb
credit cards, finance, money, cash
Eckoh wins new US contract, secures new partnership

Secure payment and customer contact solutions provider Eckoh has secured a four-year contract to provide its secure payments solution ‘CallGuard’ to a US Fortune 250 retailer, it announced on Monday, along with a partnership with a global payments solutions company in the US.

26 Feb
Southern rail by Joshua Brown (Flickr)
RTC claims acquisition plan 'vindicated' by strong 2017

Recruitment firm RTC Group outlined its plans for the continuation of its “transformational acquisition plan” on Monday, after releasing strong year end financial results.

26 Feb
libra pound 150
Town Centre Securities makes solid progress as it continues to expand

Leeds-based property investor and car park operator Town Centre Securities announced its results for the six months ended 31 December on Monday, reporting that net assets per share were up 4. 3% since 30 June at 375p.

26 Feb
cbprovident
Provident Financial tumbles on cash-call report, analysts see value

Provident Financial is down at its lowest levels since the mid 1990s on the back of a weekend newspaper report that suggested the doorstep lender has been sounding out investors for a "bumper" capital raise.

26 Feb
cbitalia87
Hg takes further stake in DADA

Hg announced further investment in DADA - a provider of online hosting services to SMEs in Italy, the UK and other regions across Europe - on Monday.

26 Feb
libra, esterlina, divisa, moneda, reino unido pound currency
U+I purchase of Preston Barracks goes unconditional

Specialist regeneration developer and investor U+I announced on Monday that its contract to purchase the Preston Barracks site from Brighton & Hove City Council is now unconditional, allowing it to deliver one of Brighton's biggest ever mixed-use regeneration projects.

26 Feb
australia
Altona Energy appoints geologist as Westfield project continues

South Australia-focussed coal exploration company Altona Energy announced on Monday that it has engaged the services of a local and “highly experienced” consulting exploration geologist, Brenton Newell, for the initial stages of its project.

26 Feb
cash money sterling pay deal offer acquisition m&a
Chariot Oil & Gas plans equity fundraising to deliver another well

AIM-listed Chariot Oil & Gas confirmed on Monday that it is planning an equity fundraising as it looks to raise around $15m to help fund the delivery of another well.

26 Feb
ep primark palma mallorca
AB Foods overcomes rare Primark dip with 'encouraging' revival

Associated British Foods reported a rare decline in sales at its Primark retail arm in the first half of the year but said its full year outlook was unaltered.

26 Feb
rio tinto
Sweden's Hydro offers $345m for Rio Tinto's aluminium assets

Rio Tinto has received a binding $345m offer from Sweden's Hydro for its aluminium assets.

26 Feb
Money coins pound
Dechra roars through first half of growth

Dechra reported strong trading in line with management expectations in its half-yearly report on Monday, with reported group revenue improving 11. 2% year-on-year at constant exchange rates and 12. 5% at actual exchange rates, to £194. 1m.

26 Feb
harvey-weinstein-amazon-robert-de-niro-series-450x319
Weinstein company to file for bankruptcy after sale talks collapse

The Weinstein Company is set to file for bankruptcy in the following days after talks to sell assets to an investor group collapsed.

26 Feb
randgold gold metals
Condor Gold shares flying high as mine application progresses

Condor Gold’s shares leaped higher on Monday morning after the company progressed with an application to construct and operate a gold processing plant in Nicaragua.

26 Feb
senior plc
Senior profit beats expectations as revenue exceeds £1bn for first time

FTSE 250 engineering solutions provider Senior rallied on Monday as its full-year profit came in ahead of expectations and sales exceeded £1bn for the first time.