News And Announcements
Casual dining offsets pub closures to keep leisure venues stable
The rise of casual dining has made up for pub closures to keep the number of drinking venues steady despite tough market conditions.
Shell moves into household supply with First Utility acquisition
Oil and gas giant Royal Dutch Shell inked an agreement on Thursday that would see it acquire 100% of British household energy and broadband provider First Utility in the New Year.
Robinson sees FY profit and revenue in line with market expectations
AIM-listed plastic and paperboard manufacturer Robinson said on Thursday that revenue and profit for 2017 are expected to be in line with market views.
Kaz Minerals to double processing capacity at Aktogay copper mine
Kaz Minerals has confirmed plans to double capacity to 50m tonnes per year at its Aktogay copper project in east Kazakhstan by 2021.
Balfour Beatty to make £103m from sale of M25 stake, lifts profit expectations
FTSE 250 infrastructure group Balfour Beatty rallied on Thursday as it announced the sale of a 12. 5% stake in Connect Plus, the company which operates the M25 orbital motorway, for £103m, and lifted its 2017 profit expectations.
Rolls-Royce Trent 1000 engines hit by EASA emergency airworthiness warning
The European Aviation Safety Agency issued an emergency airworthiness directive on Rolls-Royce's Trent 1000 engines on Thursday morning.
Directa Plus wins new order from bicycle tyre manufacturer Vittoria
AIM-listed Directa Plus, a producer and supplier of graphene-based products, has received an order from Vittoria to supply 250 kilos of its Graphene Plus (G+) for incorporation into its range of graphene-enhanced bicycle tyres and wheels.
Marlowe buys Guardian Water Treatment for up to £2.8m
Support services group Marlowe has bought Guardian Water Treatment for up to £2. 8m on a cash and debt-free basis in a deal to be financed from existing cash resources.
Dixons' Andrew Harrison returns to ailing Carphone Warehouse
Dixons Carphone has returned group deputy chief executive Andrew Harrison to Carphone Warehouse with responsibility for turning round the struggling business he used to run.
F W Thorpe buys Netherlands-based Famostar
AIM-listed F W Thorpe has announced the acquisition of Famostar, a Dutch specialist in emergency lighting for a range of different sectors, for an initial consideration of €7. 6m (£6. 8m).
Capita wins internet network contract with Transport for London
Capita, the outsourcing group, has won an £80m contract to provide and manage Transport for London's internal internet network across its 1,000-plus stations, offices and other sites for the next five years.
Dunelm hires retail 'stalwart' Nick Wilkinson as new CEO
Dunelm has appointed former Evans Cycles boss Nick Wilkinson as its new chief executive, the homeware retailer's fourth in as many years.
McCarthy & Stone considers actions to reduce impact of government crackdown
McCarthy & Stone said it would renegotiate land prices and deals with local authorities and review prices and management fees if the government includes it in a crackdown on ground rents for leasehold properties.
Babcock's growth and operations chief Bill Tame to retire
Babcock International has announced the retirement of Bill Tame, the engineering services group's chief executive of global growth and operations.
InterContinental Hotels eyes 'significant' benefit from Trump tax cuts
After President Donald Trump's tax reform bill was voted through overnight, Holiday Inn owner InterContinental Hotels was one of the first London-listed companies to emerge with a calculation of the impact on its finances.
Euromoney appoints Wendy Pallot as CFO
Euromoney Institutional Investor has appointed Wendy Pallot as its chief financial officer, succeeding finance director Colin Jones on a date to be confirmed.
Greencoat Renewables buys Irish wind farm for €88.4m
Greencoat Renewables has agreed to buy the Dromadda More wind farm from Impax Asset Management for €88. 4m funded by a €250m credit facility.