Company News
LSE rejects Hong Kong offer, reiterates commitment to Refinitiv deal
The London Stock Exchange has rejected a £29. 6bn takeover offer from Hong Kong Exchanges and Clearing (HKEX), saying it remains committed to its acquisition of financial data and trading platform provider Refinitiv.
Sainsbury's to roll out refillable packaging to fight plastic pollution
Sainsbury plans to introduce refillable packaging for products such as milk and fizzy drinks through the adoption of returnable glass bottles as a part of the fight against plastic pollution.
Metals Exploration cuts interim loss after gold production jumps
Shares in Metals Exploration climbed on Friday after the company slashed its interim loss following a surge in gold production that bolstered revenues.
Alpha Real Trust's earnings take a hit despite increased net asset value
Investment trust Alpha Real reported a rise in net asset value per share for the six months ended 30 June but saw basic and adjusted earnings nosedive following an active period of "capital recycling".
Asiamet narrows losses as costs decrease
Exploration and development outfit Asiamet Resources narrowed losses in the first half of its trading year on the back of decreased expenses.
GAN expects 'record year' for revenues, swings to a profit in first half
Gambling software group GAN took itself off the market on Friday after turning in a profit for the first half of its trading year thanks to a sharp increase in revenues.
Regal Petroleum revenues climb after new well drives production growth
Shares in Regal Petroleum jumped on Friday as interim revenue leapt on the back of a 50% increase in production following the hook up of a new well at the end of 2018.
Clintons owners said to be considering sale
The owners of card shop chain Clintons are reportedly looking to sell the business.
Character Group warns on profits
British toy company Character Group warned on profits on Friday as a number of factors, including difficulties in Scandinavia, dented the business in the tail end of the year.
SThree net fee growth slows in Q3, UK & Ireland 'challenging'
Recruiter SThree posted a slowdown in third-quarter net fee growth on Friday amid particular weakness in the UK and Ireland.
Capita signs £32m contract with Bexley borough
Outsourcer Capita said on Friday that it has signed a new contract with the London borough of Bexley.
Chaarat Gold's interim losses deepen
Central Asia-focused mining outfit Chaarat Gold recorded maiden interim revenues, but also saw operating losses widen on higher corporate and development activity.
JD Wetherspoon profits fall as Martin slams anti-Brexiteers
Pub chain operator JD Wetherspoon on Friday reported higher annual sales and lower profits as the founder Tim Martin lashed out at anti-Brexit campaigners.
Nationwide ups PPI claims provision
Nationwide Building Society said on Friday that it has set aside an extra £20m to £50m for payment protection insurance (PPI) claims, following a surge in enquiries ahead of the August deadline.
SSE sells retail unit to Ovo for £500m
SSE on Friday said it was selling its retail business to OVO Group for £500m comprising £400m cash and £100m in loan notes.