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News And Announcements
09 May
meeting, takeover, talks, bid, merger, acquisition, directors, board
Chevron walks away from Anadarko Petroleum deal

Chevron has abandoned its pursuit of Anadarko Petroleum after it was trumped by Occidental Petroleum.

09 May
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BMJ calls for introduction of tax fund to treat addiction in UK

The British Medical Journal have called for an overhaul of gambling laws and the introduction of a tax fund for treating addictions.

09 May
clarksons shipping flag
Clarkson chairman confirms company's 2018 outlook

Clarkson chairman Bill Thomas confirmed the trends outlined in the outlook statement given in March this year regarding the strong performance of the firm's multidivisional diversified offering.

09 May
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Robinson sees decent sales growth in first part of year

Plastic and paperboard packaging manufacturer Robinson reported year-on-year sales growth of 15% in the first four months of its financial year on Thursday, as investors gathered for the annual general meeting.

09 May
Copper
Rambler Metals achieves record throughput in first quarter

Copper and gold producer, explorer, and developer Rambler Metals and Mining announced on Thursday that, for the fiscal quarter ended 31 March, it achieved record throughput by processing 98,411 tonnes of ore from the Ming mine through the Nugget Pond copper and gold milling facility.

09 May
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W Resources secures EUR 3m loan at 'pivotal point' of development

Tungsten, tin and gold production, exploration and development company W Resources has secured a €3m loan facility with Caja Rural de Extremadura, which provides an advance of funding against the €5. 3m grant awarded by the Junta de Extremadura Government, which is expected to be paid in the fourth quarter, it said on Thursday.

09 May
Time Out by sarchi (Flickr)
Time Out opens newest market at Miami's South Beach

Media and entertainment company Time Out Group announced on Thursday that Time Out Market Miami was opening to the public, with a culinary lineup featuring some of the city's best chefs.

09 May
Euros , banknotes, single currency, euro , eurozone, money, cash. Image: TaxRebate.org.uk
SEC expecting decent rise in earnings in 2018 results

Italy-focussed public relations and integrated communications agency SEC updated the market on its full year of trading on Thursday, saying it expected to report revenues of €24m for the 2018 financial year - an increase of 17. 3%.

09 May
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First-half revenues jump at Character; current trading 'encouraging'

Character Group said the enduring popularity of brands such as Peppa Pig, along with increased impulse buying, had boosted first half revenues and left it well positioned ahead of core winter trading.

09 May
Oil rig, oil & gas, drilling
Chariot confirms upgrade to resource at Lixus in Morocco

Atlantic margins-focussed oil and gas company Chariot Oil & Gas announced the completion of the independent competent persons report by Netherland Sewell & Associates (NSAI) over the satellite prospects adjacent to the Anchois-1 gas discovery in the Lixus Offshore Licence, Morocco.

09 May
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Kraft Heinz to offload Italian baby food business - report

US foods giant Kraft Heinz is looking to sell baby food brand Plasmon in a deal worth potentially as much as €700m.

09 May
PowerHouse upbeat as DMG plant inches closer

Hydrogen and clean energy company PowerHouse Energy Group announced on Thursday that its development partner Waste2Tricity (W2T) has agreed that electricity generated by it at Protos using PowerHouse’s ‘DMG’ technology would be sold into a private grid operated by Protos.

09 May
Findel annual profits seen 'slightly' above market expectations

Home shopping company Findel, which recently rejected a £139. 2m takeover bid from Mike Ashley's Sports Direct, said on Thursday that it expects full-year pre-tax profit to be slightly above market expectations of £27m to £28m.

09 May
drilling oil
JKX begins drilling new sidetrack in southern Russia

JKX Oil & Gas has announced plans to suspend clearing out a well in Russia in favour of drilling a fresh sidetrack.

09 May
the works
The Works profit seen at lower end of market views as sales growth softens

Arts and crafts retailer The Works saw its shares drop on Thursday after it said annual adjusted pre-tax profit was set to be at the lower end of current market expectations as consumer sentiment takes a hit from political uncertainty.

09 May
indivior
Indivior signs agreement to sell schizophrenia drug in Canada

Indivior, which makes opioid addiction treatment Suboxone, has entered into an exclusive license agreement with specialty pharmaceutical company HLS Therapeutics for the commercialisation rights to schizophrenia drug Perseris (risperidone) in Canada.

09 May
BT revenue nudges down, profit ticks up as dividend unchanged

BT posted a drop in revenue and just a slight uptick in full-year profit on Thursday as a solid performance from the consumer business was offset by weakness in the enterprise segment.

09 May
essentra manufacturing industry
TT Electronics reports strong start to 2019

TT Electronics reported a strong start to 2019 as revenue and orders rose at the maker of electronic components and systems.

09 May
Wincanton, trade, containers, exports, imports, distribution, logistics
Wincanton hires James Wroath as new CEO

Wincanton has hired James Wroath to replace chief executive Adrian Colman at the top of the logistics company.

09 May
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IFG confirms trading on track ahead of buyout

IFG Group, the financial services group being taken over by private equity firm Epiris, has confirmed that trading remains on course.