Company News
Volex to resume dividend payments as trading tops expectations
Volex's shares climbed on Thursday after the company said it intends to resume dividend payments after trading across the group was ahead of market expectations.
Gulf Keystone declares maiden dividend following record revenues
Gulf Keystone's shares dropped on Thursday even as the company declared its maiden dividend following a leap in annual profits as revenues hit record levels.
Friday preview: All eyes on Westminster
The market spotlight will continue to be squarely on Parliament on Friday, with MPs expected to vote on the Prime Minister's withdrawal agreement alone, possibly at 1430 GMT.
CloudBuy offloads company formations operation
Cloud-based e-commerce marketplace provider CloudBuy has signed a definitive agreement for the sale of its company formations business, it announced on Thursday, for cash proceeds of £0. 28m.
Bahamas Petroleum Company convinces Simon Peter to stay another year
Oil and gas exploration group Bahamas Petroleum Company announced on Thursday that its chief executive officer Simon Potter had agreed to an extension to his current employment contract, which was due to expire on 31 March.
Pelatro awarded contract by Thai mobile carrier AIS
Marketing hub software provider Pelatro has been awarded a contract by Advanced Info Services (AIS) worth around £0. 7m, it announced on Thursday.
Karelian Diamond Resources granted reservation in Finland
Karelian Diamond Resources announced on Thursday that TUKES - the Finnish Mining Authority - has granted a it reservation situated in the Salla region of north eastern Finland.
Ceres Power jumps after more than doubling revenue
Ceres Power's shares climbed on Thursday after the company said it had slashed its interim losses as revenues more than doubled on the back of new licence fees.
Citi backs global tobacco sector, ups rating on Imperial and BAT
The UK's Imperial Tobacco and British American Tobacco have been upgraded by Citi, which is arguing that share prices across the sector are set to improve as the regulatory environment eases.
German auto parts maker ZF Friedrichshafen to buy US rival Wabco for $7bn
German auto parts maker ZF Friedrichshafen has agreed to buy US rival Wabco for $7bn.
Impact Healthcare profits surge as NAV inches higher
Health-focussed real estate investment trust Impact Healthcare REIT reported an increase in its dividend per share to 6p in its full-year results on Thursday, compared to 4. 5p in the prior year.
Genedrive losses narrow despite increased R&D costs
Molecular diagnostics company Genedrive saw revenues tick ahead slightly in the first half of its financial year but increased research and development costs kept the firm in the red.
Sopheon climbs after partnering with major Pakistani foods company
Sopheon's shares climbed on Thursday after it entered a partnership with National Foods Limited, a food company headquartered in Karachi, Pakistan, that has subsidiaries in the United Arab Emirates, United Kingdom and Canada.
Deutsche Bank considering raising billions of extra capital - report
Shares in Deutsche Bank have slipped following reports that the bank is considering raising as much as €10bn as part of ongoing merger negotiations with smaller rival Commerzbank.
Thousands of passengers stranded as WOW Air collapses
Icelandic low-cost airline WOW Air has become the latest victim of the tough trading conditions in European aviation, ceasing its operations and stranding thousands of passengers.
CMA to probe soaring prices in funeral market
The UK's competition watchdog will carry out an in-depth probe into the funeral services market after finding that the price of a funeral has increased at twice the rate of inflation each year for the past 14 years.
Diurnal soars after securing Nordic distribution deal
Diurnal's shares leapt on Thursday despite a widened interim loss as the company landed a marketing and distribution deal for its Alkindi treatment in Scandinavia.
Amiad Water Systems climbs as American operations return to growth
Amiad Water Systems' shares climbed on Thursday as annual revenues moved higher following a strong performance in the Americas and the Asia Pacific region (APAC).
Mitie order book softens amid 'steady progress' on transformation
Outsourcer Mitie warned that its order book had weakened last year but that reveues were growing as it makes progress with its long-term transformation.
Fulham Shore eyes dividend as expansion continues
Franco Manca and The Real Greek owner Fulham Shore expects both revenue and headline EBITDA to top last year's figures and match market expectations thanks to increased customer numbers in its existing restaurants and new restaurant openings.