Company News
Eckoh trades in line as US and UK revenues grow
Secure payments provider Eckoh said on Wednesday that it had traded in line with expectations for the full year, reflecting good revenue growth in both the UK and US.
Tribal Group surges following two new contract wins
Shares in Tribal Group surged on Wednesday after new contract wins with the Department of Education and Knowledge (ADEK) in Abu Dhabi and the Health Education Training Institute (HETI) in Australia.
Cobham's £4bn US takeover faces national security investigation
The Competition and Markets Authority (CMA) will investigate national security implications of Cobham's £4bn takeover by American private equity firm Advent International.
Pendragon swings to first-half loss, to cut 300 jobs
Car dealer Pendragon said on Wednesday that it swung to a loss in the first half in "challenging" markets as it scrapped its dividend, sounded a downbeat note on the outlook and announced the loss of around 300 jobs.
AFH Financial acquires Broadleaf Financial Services
Wealth management firm AFH Financial has acquired Wirral-based independent financial advisers Broadleaf Financial Services for up to £3. 2m.
Safestay buys Glasgow hotel for £3.15m
Hostel operator Safestay has agreed to acquire the freehold of its fifteenth hostel, currently operating as Best Western Glasgow City Hotel.
Keywords Studios hikes dividend after strong Q1
Technical and creative services firm Keywords Studio hiked its interim dividend on Wednesday as it posted a rise in revenue and pre-tax profit.
Brexit worries, France hit Kingfisher interims
Half year profits at DIY retailer Kingfisher fell on Brexit worries and the move to a low-price strategy at its French Castorama business as the company warned of a “mixed” full-year outlook.
Great Portland Estates agrees flexible office partnership with Knotel
Property development and investment firm Great Portland Estates has inked an office partnership agreement with flexible workspace provider Knotel across 82,000 square feet at City Place House in East London.
AstraZeneca takes control of Linzess collaboration with Ironwood
AstraZeneca confirmed on Wednesday that it will take on responsibility for the development, manufacture and commercialisation of Linzess in China, Hong Kong and Macau after amending an agreement with Ironwood Pharmaceuticals.
RDI REIT offloads German shopping centre for EUR 91m
RDI REIT has exchanged contracts with Volksbank eG Braunschweig Wolfsburg to sell its Bahnhof Center in Altona, Hamburg for €91m (£80. 67m), it announced on Wednesday.
Europa Oil & Gas awarded new offshore Morocco exploration permit
UK and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas Holdings has been awarded a new Exploration Permit - the Inezgane Offshore Permit - covering an area of 11,228 square kilometres in the Agadir Basin, offshore Morocco, it announced on Wednesday.
ConvaTec to snap up Texas-based catheter supplies firm
Medical products and technologies provider ConvaTec Group has signed an agreement to purchase the assets of Southlake Medical Supplies - a Texas-based independent provider of catheter-related supplies - for an undisclosed consideration, it announced on Wednesday.
Games Workshop trading in line, declares 35p dividend
Miniature war game manufacturer Games Workshop said on Wednesday that trading was in line with the board’s expectations, as it declared a dividend of 35p a share.