Company News
Minister shuts down Cuadrilla's call for weaker earthquake regulations
Energy minister Claire Perry wrote to the fracking firm Cuadrilla’s CEO to clarify the regulations on earthquakes would not be weakened after he criticised the government's policies in an interview.
Ocean Outdoor signs long-term billboard deal with Southampton council
Digital out-of-home (DOOH) advertising operator Ocean Outdoor has secured an exclusive long-term contract with Southampton City Council, to provide the city with “enhanced digital” roadside, city centre large format advertising screens.
Horizonte Minerals awarded construction licence for Araguaia project
Brazil-focussed nickel development company Horizonte Minerals has been awarded the construction licence for the development of its 100%-owned Araguaia Ferronickel Project, it announced on Monday.
Just Eat faces backlash after delivering food with undisclosed allergens
Just Eat has come under fire after a number of restaurants using its online delivery marketplace was found to be breaching regulations that require them to warn of possible allergens contained in their dishes.
Highland Gold upbeat on improved resources and reserves
Highland Gold Mining announced the results of an updated audit of mineral resources and ore reserves at the Mnogovershinnoye (MNV) mine on Monday, which was conducted by Micon International and took into account data from near-mine exploration conducted in 2017, as well as updated mining parameters.
Pelatro 'delighted' after acquisition yields customer boost
Marketing software provider Pelatro reported on Monday that it expects to meet full-year expectations for property and revenue after more than doubling its number of customers from 6 to 14 over 2018.
Michelmersh sees full-year results in line with market views
Brick manufacturer Michelmersh said on Monday that results for the year are set to be in line with market expectations.
Ideagen acquires Irish software provider Scannell Solutions
Ideagen acquired Irish software-as-a-service provider Scannell Solutions for a total cash consideration of £3. 5m on Monday.
Debenhams rescue plan could cost over 10,000 jobs - report
Debenhams’ attempts to keep itself afloat could lead to the shutdown of 90 stores across the UK and the loss of 10,000 jobs.
New Look issues profit warning, outlines restructuring plans
Struggling fashion retailer New Look issued a profit warning on Monday and announced a debt-for-equity swap with its bondholders as it looks to slash debt.
Ophir board rejects proposed Medco offer
Ophir Energy has rejected a possible takeover offer by PT Medco Energi Global as the board feels it undervalues the company's shares.
Premier Oil drops on Chevron funding speculation
Shares in Premier Oil dropped on Monday after reports that the explorer was looking to drum up cash for some major asset acquisitions.
Be Heard says full year will be in line with market expectations
Digital marketing services group Be Heard said on Monday that its full-year performance will be in line with market expectations following a "marked" improvement in adjusted earnings in the second half of the year.
Gamma Communications EBITDA set for 'top range' of expectations
Gamma Communications expects full-year EBITDA to be at the top of the range of market expectations as a result of a continued solid performance in the UK.
PageGroup Q4 profit rises, full-year profit seen in line with consensus
Recruiter PageGroup was under the cosh on Monday as it posted record profit for the fourth quarter, but only modest growth in the UK and a slowdown in China.
Revolution Bars warns on profits despite solid festive performance
Revolution Bars warned over full-year profit on Monday despite a solid performance over the Christmas period.
Pantheon Resources to buy holding in Vision firms from Kaiser Francis
Oil and gas exploration company Pantheon Resources announced on Monday that it has reached agreement with Kaiser Francis and associated limited partners (KF) to acquire KF's 66. 6% ownership of Vision Gas and Vision Resources, including its working interest in the VOS#1 well of 33. 3% and associated Tyler County acreage.
Kromek losses widen but margins improve
Detection technology supplier Kromek saw losses widen in the first half of its trading year despite improving margins and narrowing costs throughout the period.
Serco eyes Aussie deal after Bupa opens door
Outsourcing group Serco Group is crossing its fingers about picking up a sub-contracted deal with the Australia's armed forces.
Verona Pharma shares plunge on latest drug trial results
Verona Pharma shares were well into the red on Monday, after the clinical-stage biopharmaceutical company announced top-line data from its latest trial of RPL554, failing to reach its primary endpoint.