Company News
Just Group makes David Richardson permanent CEO
Retirement products company Just Group said on Thursday that interim chief executive officer David Richardson will take on the role on a permanent basis with immediate effect.
Kier swings to £245m loss, chairman to retire
Construction and services company Kier said on Thursday that it swung to a full-year loss as it announced the retirement of chairman Philip Cox.
KPMG to cut hundreds of UK jobs
KPMG UK plans to make redundant about a third of its 630 administrative assistants in a wave of cost-cutting.
GAN inks deal with US gambling operator Jack Entertainment
Gambling software provider GAN announced a new agreement with JACK Entertainment on Thursday, which it said had chosen it as their platform to support sports wagering and online casino gaming, should enabling legislation and corresponding regulatory approvals come to pass in the jurisdictions where it operates.
Velocys secures two deals with Japan's Toyo Engineering Corporation
Velocys announced on Thursday that it has secured a purchase order and technical service agreements with Toyo Engineering Corporation for the use of its technology in a publicly-funded demonstration facility in Nagoya, Japan, as well as an advanced deposit for the use of the technology by Toyo in a subsequent commercial plant.
GYG names Kevin McNair as permanent CFO
Superyacht specialist GYG made Kevin McNair's appointment to the role of chief financial officer permanent on Thursday, effective immediately.
Petrofac to sell Mexican operations for up to $276m
Petrofac on Thursday agreed to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International for up to $276m.
Harvest Minerals gets approval for 'big bag' facility at Arapua
Fertiliser producer Harvest Minerals announced on Thursday that the Brazil Ministry of Agriculture (MAPA) has issued approval for its new ‘big bag’ handling and storage facility, located at the Arapua Project, where it produces multi-nutrient direct application natural remineraliser ‘KPFértil’.
Clear Leisure updates market on latest in Mediapolis litigation
Clear Leisure announced on Thursday that, following increasing legal pressure being put upon the receiver in charge of the Mediapolis bankruptcy and in order for Clear Leisure 2017 Ltd (CL2017) to obtain the proceeds due from the sale of the Mediapolis land, the auctioneer has now proposed to the Ivrea Court to allocate the total of €1. 94m to Fallimento Mediapolis Srl.
Charles Taylor agrees to £261m takeover
UK insurance services firm Charles Taylor agreed to a £261m takeover on Thursday, representing a 34% premium to the group's closing price on Wednesday.
Begbies Traynor reflects on a year of 'strong financial performance'
Financial and property services group Begbies Traynor's chairman Ric Traynor told investors at the company's annual general meeting on Thursday that the firm's last trading year had been "one of strong financial performance".
Tungsten turns in Q1 profit on improved revenues
Electronic invoicing specialist Tungsten swung to a profit in the first quarter of its trading year, driven by improved revenues and cost containment.
Petro Matad spuds Gazelle-1 exploration well ahead of schedule
Mongolian oil explorer Petro Matad said on Thursday that it had spudded its Gazelle-1 exploration well in the north of Block XX.
City Pub to scale back expansion amid Brexit uncertainty
The City Pub Group posted a rise in interim profits on Thursday as it said it would scale back its expansion plans amid Brexit uncertainty.
Bilby swings to loss after cancelling P&R contracts
Shares in Bilby dropped on Thursday after it swung to an annual loss as revenue stumbled on the back of trading losses suffered by subsidiary company P&R.
Ryanair shareholders almost block O'Leary's €99m bonus
Ryanair investors launched a significant revolt on Thursday, almost blocking a pay report that granted chief executive Michael O'Leary a bonus that could be worth as much as €99m (£88m).
Sound Energy drops after poor exploration results and deepened loss
Shares in Sound Energy dropped on Thursday as the oil and gas explorer said a disappointing period had seen poor results from two exploration wells and a deepened interim loss.
Lamprell interim losses widen as revenue drops
Lamprell posted a widening of its first-half losses on Thursday as revenue fell and the oilfield services company said it was focused on oil and gas opportunities in the Middle East and Europe.
Johnson Matthey reiterates full year guidance
Johnson Matthey reiterated full year guidance and revealed plans to boost shareholder returns as it outlined future targets on its capital markets day on Thursday.
Trans-Siberian Gold announces another dividend following record revenue
Low cost, high grade Russia-focussed gold producer Trans-Siberian Gold announced its unaudited interim results for the period ended 30 June on Thursday, reporting record first half revenue generation of $30m (£24. 03m), up 8. 7% year-on-year.