Company News
Wednesday preview: UK Parliamentt, US-China trade talks in the spotlight
The focus will continue to be firmly on the UK Parliament come Wednesday, with the House of Commons said to cast indicative votes on a slate of alternative plans for the UK's withdrawal from the European Union and to approve postponing the 29 March deadline for Britain to leave.
BP pledges $100m to greenhouse gas emissions reduction project
BP announced on Tuesday it will commit $100m to a fund for projects aimed at reducing greenhouse gas emissions from its Upstream oil and gas operations.
STM Group's profits flat on acquisitions
STM Group on Tuesday reported flat annual profits and revenues after a year that saw the company enter the workplace pensions market and gain two acquisitions.
Ferguson cuts guidance as market growth slows
Ferguson reported a strong first half but the plumbing specialist cut its full-year guidance as growth has "moderated" in its markets.
Synectics wins multimillion dollar casino contract in Macau
Surveillance technology and security systems provider Synectics has secured a new contract in the gambling sector, it announced on Tuesday.
Galantas Gold expands gold milling operations at Omagh
Galantas Gold Corporation reported an expansion of gold milling operations at the Omagh, Northern Ireland processing plant on Tuesday.
TfL renews calls to take over suburban trains for Tube-style service
The Mayor of London called on the Government to make Transport for London the rail infrastructure manager for its devolved suburban services on Tuesday, in a bid to pave the way for a “metro-style service” in south and south east London.
WeWork revenues and losses soar as global expansion ramps up
New York’s WeWork revealed that revenues doubled last year to nearly $2bn – but losses also widened significantly.
Investors send Carnival to the bottom after company cuts full-year guidance
Investors marked down shares of Carnival after the cruise line operator cut its guidance for full-year earnings per share, blaming higher fuel costs and headwinds in currency markets for the shortfall.
Samsung warns first-quarter earnings will miss forecasts
Samsung Electronics surprised markets after warning that first-quarter earnings would come in below expectations.
LiDCO jumps as new business model leaves it 'well positioned'
LiDCO Group's shares climbed on Tuesday as the outfit reported that it is "well positioned for strong growth" following good progress with a new business model, despite recording a drop in annual revenue.
Ocado hits new high as bags contract with Australia's Coles
Ocado has won a contract to develop an online grocery business for Australian supermarket and liquor store operator Coles Group.
Vianet trades 'largely as anticipated'
Technology-based data and business insight provider Vianet expects full-year profits to be in line with market expectations and ahead of the previous year after trading "largely as anticipated".
SolGold advances preliminary economic analysis at Alpala
Explorer SolGold's preliminary economic analysis on its Alpala project has progressed to "a very advanced stage", with the company now expecting to complete and release its report following peer review and QAQC procedures.
Cadence Minerals raises £1.3m to fund Australian exploration programme
Cadence Minerals raised £1. 3m through a placing of 866m ordinary shares on Tuesday in order to fund an initial exploration programme across its Australian lithium assets.
Apple's starry TV launch fails to prevent analyst disappointment
Apple’s long-awaited services update included a television streaming service, a virtual games arcade, a 'Spotify for news' and a titanium credit card but failed to wow investors and analysts.
Alliance Pharma climbs as overseas business gathers steam
Alliance Pharma's shares climbed on Tuesday as annual revenues climbed after its performance was boosted by acquisitions and international business, with overseas sales overtaking domestic revenues for the first time.
Pelatro profits double as acquisition boosts recurring revenues
Pelatro on Tuesday reported that annual profits more than doubled as revenue soared as the acquisition of Danateq's assets resulted in a jump in repeat sales.
Tern investment wins contract with pharma group
Internet-of-things investor Tern has seen one of its portfolio companies receive an initial order valued at more than £150,000 from an unnamed major pharmaceutical company.
Boku's revenues leap to squash losses
Boku Inc's shares leapt on Tuesday after increased volumes and active client numbers led to soaring revenues, helping the direct carrier billing company narrow its annual losses.