News And Announcements
BT boss to handout £500 a year in shares to staff
BT’s CEO announced on Thursday that the company would hand out £500 worth of shares per year each employee in an attempt to boost morale.
Metro Bank launches discounted share placing
Metro Bank confirmed after the close of markets that it was looking to raise £350m in a placing at a discounted price of 500p a share.
Thomas Cook tanks as it posts £1.46bn loss
Thomas Cook shares tanked on Thursday as the company said losses widened in the first half of the year amid "challenging" trading conditions, warned over second-half earnings and confirmed that several bids had been received for all and part of its airline.
Pret a Manger reportedly nearing deal to buy Eat
Sandwich chain Pret a Manger was on Thursday said to be close to a deal to buy smaller rival Eat.
Revenues exceed expectations for LiDCO in first quarter
Hemodynamic monitoring company LiDCO said it had made a “good start” to the year on Thursday, with first quarter revenues said to be “well ahead” of the same time last year, and above the board’s expectations.
One Media pleased with performance as it expands IP library
Music, video and copyright technology intellectual property rights company One Media iP Group told shareholders in Thursday that it was pleased with continued development following a year of “strategic progress” in 2018.
AfriAg seeks to become vertically-integrated cannabis firm through Appolon investment
AfriAg Global has entered into a conditional subscription agreement to subscribe for shares in Jamaica-focussed medicinal cannabis company Apollon Formularies, it announced on Thursday.
S&P lifts RBS's long-term credit rating to BBB
Standard&Poor's has revised its rating on Royal Bank of Scotland's long-term debt higher, arguing that its strengthened balance sheet and improved earnings have boosted the lender's ability to navigate the uncertain political and economic landscape in the UK.
Premier Oil gains after upgrading production guidance
Premier Oil's shares jumped on Thursday after the oiler upgraded its full-year production guidance as a strong improvement from operations in the UK drove expectations higher.
European Commission fines five banks €1bn for market rigging
Five major banks have been fined a total of €1. 07bn by the European Commission on Thursday due to foreign exchange market-rigging that took place from 2007 to 2013.
Anglo Asian raises production target as profits surge
Anglo Asian Mining set a higher production target for 2018 after booming production drove profit sharply higher in 2018.
Sophos soars after results beat expectations
Sophos shares rose strongly after the cyber security company posted results ahead of expectations following a string of disappointing updates.
Wilmington hires DMGT's Mark Milner as CEO
Wilmington has hired Mark Milner from Daily Mail and General Trust as its next chief executive.
Genel chairman Whyte to stand down, says outfit poised for organic growth
Genel Energy chairman Stephen Whyte announced plans to step down as he reported a successful start to 2019 for the oil producer.
Genus shares shoot higher on China collaboration
Shares in Genus surged on Thursday after the animal genetics company announced a strategic porcine collaboration in China, the world's largest pork market.
Keller Group confident despite weaker-than-expected performance
Geotechnical specialist contractor Keller Group updated the market on its trading on Thursday, reporting that its expectations for the full year remained unchanged, supported by “generally stable” market conditions.
Seeing Machines focuses on Fleet business to improve costs and cash flow
Computer vision technology company Seeing Machines provided a “comprehensive” update on its Fleet business on Thursday, explaining that the success of the business and its implementation of ‘Guardian 24/7’ monitoring services was fundamental to the firm.
Spire Healthcare pleased with 2019 performance
Spire Healthcare said it had made a good start to the year as the hospital group prepared for its annual meeting.
BBGI SICAV ups stake in Ohio River Bridges project
PPP infrastructure investment firm BBGI SICAV has acquired a further 33. 3% interest in the Ohio River Bridges - East End Crossing Project, taking its total ownership to 66. 6% of the project.
Grainger's interim profits improve as rental income grows
Residential landlord Grainger saw first-half profits improve on the back of increased rents and its acquisition of GRIP back in December.