Company News
Capita in talks to sell travel unit
Capita is in talks to sell its travel business, the outsourcer said on Tuesday.
Wednesday preview: WA votes in Parliament, Hikma Pharmaceuticals
Investors may be facing heightened volatility on Wednesday, as financial markets digest the result of Parliament's vote on Theresa May's proposal for the UK's withdrawal agreement with the European Union.
Mineral & Financial net asset value hits record high
Mineral & Financial Investments reported a record net asset value per share in the first half of its trading year.
SimplyBiz signs five-year deal with Aviva
Compliance and business services provider SimplyBiz Group has signed a five-year contract with Aviva, it announced on Tuesday.
Concepta to supply 'myLotus' to Walgreens Boots Alliance
Concepta has agreed to supply the ‘myLotus’ product to Walgreens Boots Alliance, for women's fertility and hormone testing, it announced on Tuesday.
Prospex upbeat on enlargement of Suceava Concession
Prospex Oil and Gas said on Tuesday that it has been advised by the operator, Raffles Energy, that the National Agency for Mineral Resources (NAMR) has granted an enlargement of the exploration area of the EIV-1 Suceava Concession in north east Romania.
Mercantile looking for customers after inaugurating port facility
Mercantile Ports & Logistics announced on Tuesday that the inauguration ceremony of its port and logistics facility at Karanja Creek, near Navi Mumbai, took place successfully on 8 March.
Hydrogen Group signs extension as supplier to major bank
Specialist recruitment company Hydrogen Group announced on Tuesday that it has signed an extension for a further five years as a supplier of ‘change management staff’ to an unnamed FTSE 100 retail bank.
Metal Tiger pleased with progress so far at T3 Copper Project
Strategic natural resources investor Metal Tiger updated the market on the infill drilling results at the T3 Copper Project in the Kalahari Copper Belt, Botswana, held 100% by MOD Resources.
Biogen selling Denmark plant to Fujifilm in $890m deal
Biogen has entered into a share purchase agreement with Fujifilm Corporation, it announced on Tuesday, under which Fujifilm will acquire the shares of Biogen’s subsidiary, which holds its biologics manufacturing operations in Hillerød, Denmark, for up to $890m in cash, subject to minimum purchase commitment guarantees and other contractual terms.
PureCircle loss widens after inventory write-down
PureCircle on Tuesday reported a wider interim loss following a decline in revenues and a write-down of its inventory as it moved to create products with a new variety of stevia leaf.
Mothercare to sell ELC for £13.5m, says transformation plan on track
Mothercare said on Tuesday that it has agreed to sell Early Learning Centre to TEAL Group Holdings, - the owner of The Entertainer toy shops - for £13. 5m in cash, as it confirmed that its transformation plans are on track.
Algerian economy braced for bumpy ride as political unrest mounts
The Algerian economy is set to suffer, regardless of how the current political unrest plays out, according to Capital Economics.
Biffa buys SWRNewstar for £26m in cash
Integrated waste management group Biffa has bought Specialist Waste Recycling Limited (SWRNewstar), from a consortium of investors including Angus MacDonald for around £25. 8n in ash.
Greatland Gold reaches $65m farm-in agreement with Newcrest
Exploration and development outfit Greatland Gold has inked a $65m farm-in agreement with Newcrest Operations for its Havieron gold-copper project in Western Australia.
Dick's droops as gun controls curb sales, outlook conservative
Dick’s Sporting Goods saw shares tumble in early trading on Tuesday, after the US retailer continued to grapple with the fallout of its decision to curtail gun sales.
Warehouse REIT to raise £100m to expand its portfolio
Warehouse REIT announced the proposed issue of further ordinary shares on Tuesday, to raise gross proceeds of up to £100m, via a placing, open offer and offer for subscription.
Smith & Nephew to buy US biotech Osiris Therapeutics for $19 a share
Medical devices maker Smith & Nephew has agreed to buy US biotechnology company Osiris Therapeutics for $19 per share, which is an enterprise value of around $660m.
Nissan-Renault announce 'fresh start' as car giants look to move on from Ghosn scandal
Renault, Nissan and Mitsubishi Motors sought to put the arrest of ousted head Carlos Ghosn behind them on Tuesday as the car giants unveiled a single alliance operating board and named Jean-Dominique Senard its new chair.
'Growing pains' weigh on Domino's Pizza profits
Domino's Pizza reported a drop in annual profit on Tuesday following a mixed year, as the company said "growing pains" hit its international business.