Company News
Thursday preview: ECB, Morrisons in the spotlight
The spotlight on Thursday will be firmly on the European Central Bank's policy announcement.
HSBC to put loss-making French retail bank on the auction block
HSBC is preparing to put its loss-making French retail lender on the auction block.
LSE to consider £29.6bn Hong Kong Exchanges offer; analysts sceptical
London Stock Exchange said on Wednesday that it will consider an "unsolicited, preliminary and highly conditional" £29. 6bn takeover offer from Hong Kong Exchanges and Clearing, as analysts expressed doubts that a deal would occur.
Sports Direct shareholders approve Ashley's re-election to the board
Sports Direct shareholders voted in favour of founder Mike Ashley's re-election to the board at an annual meeting on Wednesday.
S4 Capital on course to double business size by 2021
Martin Sorrell's S4 Capital said on Wednesday that it was on course to double in size by 2021 as it reported a jump in first-half revenues and billings.
Best of the Best continues to make 'good progress'
Weekly competitions organiser Best of the Best told investors at the group's annual general meeting on Wednesday that it had successfully maintained the positive momentum seen at the start of its trading year.
Amiad Water Systems shares drop as profit falters
Shares in Amiad Water Systems dropped on Wednesday after the company reported a decline in interim profits as currency fluctuations and sales mix issues hit its gross margins.
Chemring backs FY expectations, secures four new contracts
Chemring backed its full-year expectations on Wednesday as it said that its US subsidiary has won four new contracts.
Woodbois cuts losses on improved revenues and reduced costs
Hardwood products manufacturer Woodbois saw first half gross profits soar and total losses narrow, putting the group on track to turn cash-flow positive.
On The Market inks advertising agreement with Barratt Developments
Property website On The Market said it had signed a portal listing and additional advertising agreement with Britain's largest housebuilder, Barratt Developments.
New Look narrows losses in Q1 but sales drop
Fashion retailer New Look narrowed losses in the first quarter as it reaped the rewards of a recent restructuring programme, but sales declined.
88 Energy launches discounted placing to fund Icewine works
Exploration outfit 88 Energy announced plans to raise up AUD $10m (£5. 6m) on Wednesday through a discounted share placing.
Science in Sport names James Simpson as new CFO
Performance nutrition group Science in Sport appointed James Simpson to the role of chief financial officer on Wednesday, effective 26 September.
Crest Nicholson names former Tate & Lyle CEO as chairman
British housebuilder Crest Nicholson named former Tate & Lyle chief executive Iain Ferguson as its next chairman on Wednesday, taking over from Stephen Stone.
Galliford Try profits slide after construction contract write-downs
Galliford Try on Wednesday reported a fall in annual profit and revenue as its results were impacted by a drop in completions from its Linden Homes unit, while contract write-downs hit construction operations.
Capital & Regional in talks with Growthpoint over majority stake acquisition
Real estate investment trust Capital & Regional said on Wednesday that it is in talks with South Africa's Growthpoint Properties about the acquisition of a majority stake in the UK company through a partial offer.
Catenae losses widen as Brexit uncertainties depress target sectors
Digital media and technology group Catenae Innovation warned on Wednesday that full-year losses looked set to widen after second-half revenues came in below expectations.
Mitie CFO Woolf resigns to take up new job at CPA Global
Outsourcer Mitie has announced the resignation of chief financial officer Paul Woolf, who has been appointed as the new CFO of intellectual property management company CPA Global.
US court rules on damages for Genus technology infringements
Genus on Wednesday said a US court had ruled on damages over infringement of two bull semen sexing patents sold by ABS Global under the Intelligen brand.
Biffa first half in line with expectations, FY outlook unchanged
Waste management company Biffa said on Wednesday that its full-year outlook was unchanged, with trading in the first half of the year in line with the board's expectations.