Company News
Tuesday preview: All eyes on Cabinet meeting, Italian budget
All eyes on Tuesday will be on a meeting of the Cabinet and on whether any progress is achieved on Brexit negotiations.
Gama Aviation chairman resigns following profit warning
Gama Aviation chairman Ralph Robins announced his intention to retire from the group on Monday, setting the AIM-listed firm off on a journey to find a replacement for the long-serving Rolls-Royce executive.
Carr's beats its expectations as FY profit and revenue rise
Agriculture and engineering group Carr's reported a jump in full-year profit and revenue on Monday thanks to a strong performance in UK agriculture, with growth across all areas.
Hibernia adds to Newlands Cross holdings in Dublin
Hibernia REIT announced two acquisitions of land at Gateway - Newlands Cross on Monday, taking its total interests in the area to 143. 7 acres.
Mission Marketing offloads BroadCare to Carehome Selection
Mission Marketing has sold its BroadCare business to Carehome Selection - part of the CHS Healthcare - for £4. 4m in cash, it announced on Monday.
RHI Magnesita opens tender offer to minority shareholders
RHI Magnesita updated the market on the integrated tender offer, as well as announced the launch of the offer to minority shareholders, of Magnesita Refratários on Monday.
Chris Fong to head up High Growth Capital
High Growth Capital announced on Monday that Christopher Fong would be appointed as its chief executive officer, conditional on completion of satisfactory due diligence.
Smurfit Kappa included in sustainability index for fifth year running
Smurfit Kappa has been reconfirmed as a member of the Ethibel Sustainability Index for the fifth year in a row, it announced on Monday, which its said demonstrated its continued “best-in-class approach” to sustainability.
MaxCyte buddies-up with Gilead subsidiary
Cell-based medicines and life sciences company MaxCyte confirmed on Monday that it has entered into a research agreement with Kite, a subsidiary of American biotechnology giant Gilead.
SAP snaps up survey software firm Qualtrics in $8bn deal
America’s Qualtrics International has abandoned plans to go public after agreeing a $8bn takeover deal with German enterprise software giant SAP.
SoftBank gets go-ahead for record £16bn mobile flotation
SoftBank is to launch a record-beating stock market flotation, after it won approval to spin out its mobile phone business in a ¥2. 4trn (£16bn) initial public offering.
Manx Telecom taps Iarla Hughes to take on CFO role
AIM-quoted telecommunications firm Manx Telecom appointed Iarla Hughes as chief financial officer on Monday, with immediate effect.
Eland joint venture lands licence renewal in Nigeria
Eland Oil & Gas on Monday confirmed that the Nigerian minister of petroleum resources has agreed to joint-venture Elcrest’s renewal of its equity participation in Oil Mining Lease 40 for a further 20 years.
Takeda to seek investor approval for Shire take-over next month; shares spike
Japan’s Takeda Pharmaceutical has announced it expects to complete its $62bn takeover of Shire Pharmaceuticals in early January, sending shares in the FTSE 100 drugs group higher.
Transense Technology's tyre monitoring system a hit with Southern Copper
Transense Technology’s tyre management trading division, Translogik, on Monday won a contract to supply 24 iTrack II monitoring systems and closed in on an opportunity to supply 100 more.
Warehouse REIT declares second interim dividend
Real estate investment trust Warehouse REIT saw its net asset value rise across the first half of its year, helping it pay an interim dividend in line with guidance.
Fishing Republic warns of 'significant doubt' over future trading
Fishing Republic has been working with its advisers to asses a number of options for the group's future after sales dried up and losses widened in the first six months of its trading year.
Rio Tinto completes two thirds of buyback
Rio Tinto has completed a A$2. 87bn (US$2. 1bn, £1. 6bn) off-market share buyback to cancel 2. 41% of the group's issued shares.
Online Blockchain swings to a loss as crypto bubble bursts
Online Blockchain swung to a loss in its last financial year amid a rout in global crypto-currency markets.
AFH's acquisitions power revenue ascent
AFH Financial said it had a strong pipeline of more acquisitions as its previous purchases bore fruit in the past year, with revenues from the wealth manager due to rise 49% for the past year.