Company News
TClarke maintains expectations as it adds more new contracts
TClarke was continuing to expect revenue and profits for 2018 in line with current market expectations, investors were told on Friday as they gathered for the company’s annual general meeting.
Andrews Sykes continuing operations solid as it continues to invest
Andrews Sykes Group reported a decent improvement in revenue from continuing operations in its preliminary results on Friday, with the figure rising to £71. 3m from £65. 39m year-on-year.
Unite's Richard Simpson to head up Watkin Jones
Watkin Jones announced on Friday that, following a “comprehensive” formal search process, Richard Simpson has been appointed to succeed Mark Watkin Jones as CEO.
Mkango sells three-quarters of Songwe operator to Noble subsidiary
Rare earths explorer Mkango Resources has set itself up to offload a 75% stake in its Lancaster Exploration arm to Noble Group subsidiary Talaxis.
Permira ditches its entire Just Group stake
Just Group fell on Friday as private equity investor Permira ditched its entire holding in the retirement services company a day after it surged on the back of solid first-quarter sales figures.
PayPal to buy Swedish payments group iZettle for $2.2bn
PayPal has agreed to buy Swedish payments group iZettle for $2. 2bn, in a deal that will "significantly" expand its in-store presence.
AstraZeneca confident of return to growth despite mixed Q1
AstraZeneca has a tough first quarter as sales and earnings came in lower than expected due to investment in drug launches and a larger erosion of its Crestor statin drug than expected, but there were encouraging performance from newer drugs.
Carpetright announces £60m fundraising
Embattled retailer Carpetright announced plans for a £60m placing and open offer on Friday as part of its efforts to turnaround the business.
Watchdog kicks off investigation into Sainsbury-Asda merger
The UK competition watchdog has invited all "interested parties" in the proposed merger between Sainsbury's and Asda to submit views on the impact of the deal on competition around the country.
Hikma makes 'encouraging' start to year, shareholders told
Hikma Pharmaceuticals told shareholders its year had begun with an “encouraging start” on Friday, as they gathered for the annual general meeting, with the global Injectables business particularly said to be performing “well”.
John Laing Infrastructure Q1 NAV up 1.84%
John Laing Infrastructure (JLIF) said underlying portfolio growth in the three months to 31 March 2018 was 1. 84% to £1. 37bn.
Dunelm appoints Compass Group's Laura Carr as CFO
Homeware retailer Dunelm has appointed Laura Carr - currently group financial controller of Compass Group - as its new chief financial officer.
Rio gets green light for driverless trains in Australia's Pilbara
Rio Tinto on Friday said it had been given permission to run driverless trains at its iron ore business in Western Australia.