News And Announcements
Woodford Card Factory stake exceeds 10%
Neil Woodford has taken his stake in Card Factory to more than 10% as the struggling star investor bets on a revival of fortunes at the retailer.
Honda confirms Swindon plant closure; 3,500 jobs at risk
Honda has confirmed that it will close its factory in Swindon in 2021, putting around 3,500 jobs at risk.
Braemar strikes deal with Norway's Aqualis
Braemar Shipping Services is shaking up its technical division in a deal worth more than £6m with Norway's Aqualis.
ClearStar swings to profit amid record revenues
ClearStar said on Monday that it swung to a full-year profit as revenue hit a record level.
Metro Bank says equity raising is well advanced
Metro Bank said its plans to raise £350m of equity capital were well advanced after the bank was forced to reassure customers their money was safe.
Goldman Sachs slashes price target for Man Group
Goldman Sachs has downgraded its rating on Man Group and cut 2019 earnings forecasts, over concerns about the strength of the market and the firm's portfolio.
Ascent Resources revenue more than doubles
Ascent Resources more than doubled annual revenue and reduced its loss as the oil and gas company increased production.
European Commission fines AB InBev €200m
Anheuser-Busch InBev, the world’s largest brewer, has been fined €200m for breaching European Union antitrust rules.
Paddy Power Betfair secures £250m loan facility
Paddy Power Betfair has agreed an additional £250m loan facility, the bookmaker announced on Monday.
Dignity hit by drop in deaths, warns over full-year profit
Funeral services provider Dignity posted a drop in first-quarter profit and revenue on Monday following a drop in the number of deaths, as it warned over its full-year profit.
Vodafone shares struggle on prospect of dividend cut
Vodafone’s shares fell in morning trading on Monday, as speculation mounted that the mobile phone giant was gearing up to cut its dividend, currently one of the highest in the FTSE 100.
United Utilities appoints chairman designate as McAdam plans to step down
United Utilities said on Monday that David Higgins will take on the role of chairman designate at the end of the year as Dr John McAdam steps down.
TBC Bank's first quarter profit jumps on loan book strength
TBC Bank on Monday recorded a jump in first quarter profits on the back of loan book growth and increases to fee & commission and interest income.
Goals Soccer Centres CEO Andy Anson resigns
AIM-listed 5-a-side football venue operator Goals Soccer Centres said on Monday that chief executive officer Andy Anson has resigned to take on the same role at the British Olympic Association.
Escape Hunt seeks £4m to tap UK escape room craze
Escape Hunt plans to raise at least £4m to open more sites to tap into the growing craze for escape rooms in the UK.
Civitas upbeat on outlook as values increase
Civitas Social Housing published an upbeat outlook as the specialist real estate investment trust reported an increase in the value of its properties.
Victrex melts as sales slide in weaker first half
Victrex reported weaker interim results on Monday as revenue, profit and sales volumes fell due to a poor performance from its automotive division, adverse currency movement and consumer electronics headwinds.
FirstGroup investor demands board shake-up
One of FirstGroup's biggest shareholders has demanded the company call a meeting to remove more than half the board including its chief executive and chairman.
LondonMetric agrees pre-lets at Bedford Link
LondonMetric has exchanged contracts to let two logistics warehouses across 138,000 sq ft at its Bedford Link Logistics Park.
Diploma profit rises but sees signs of slowdown industrial seals market
Diploma posted a rise in first-half profit on Monday following solid trading across all of its sectors as it sounded an upbeat note on the outlook but cautioned over a slowdown in the industrial seals market.