News And Announcements
'People are starting to worry' about Labour government, RBS chair says
RBS chair Howard Davies told Bloomberg TV on Friday that “people are starting to worry” about the policies that a potential government led by Labour’s Jeremy Corbyn might pursue.
Ocado says fire at distribution center puts 400 jobs at risk
It will take Ocado two years to rebuild the distribution centre that was destroyed in a fire in February 2019, leaving roughly 400 jobs at risk.
Sports Direct in advanced talks to sell Shirebrook property
Mike Ashley's Sports Direct said on Friday that it is in advanced talks to sell a freehold property in Shirebrook for just over £12m in cash.
Immotion Group signs VR content deal with iP2Entertainment
Immersive virtual reality company Immotion Group announced the signing of a $0. 5m VR and immersive content creation contract with Amsterdam-based global family entertainment specialist iP2Entertainment on Friday.
SDX Energy lowers production guidance in first quarter update
North Africa-focused oil and gas company SDX Energy issued its financial and operating results for the three months ended 31 March on Friday, reporting first quarter production of 3,715 barrels of oil per day (boepd), which was an increase of 22% year-on-year.
HP Enterprise to buy supercomputer maker Cray in $1.3bn deal
Hewlett Packard Enterprise has agreed to buy supercomputer maker Cray in a deal valued at around $1. 3bn.
Hunters Property lifts first-half expectations, reassures over letting fee ban
Franchised sales and lettings agency business Hunters Property updated the market on its trading on Friday, reporting that so far this year it has opened seven new branches, compared to three in the same period last year.
Pan African Resources maintains guidance as it makes solid development progress
Pan African Resources updated the market on its trading for the nine months ended 31 March on Friday, reporting that its performance over the period reflected its efforts to maintain itself as a “safe, low-cost and long-life” gold producer.
Acacia's North Mara mine fined over alleged environmental breaches
Acacia Mining said on Friday that its North Mara mine has been issued with a fine for alleged historical breaches of environmental regulations in Tanzania.
IntegraFin enjoys solid interims as profits and revenue climb
IntegraFin Holdings on Friday reported interim revenue and profit growth following an increase in funds under direction, as it declared a maiden interim dividend and expressed confidence that growth can be sustained in the second half of the year.
Jersey Electric first-half profit falls
Jersey Electric's profit fell in the first half as energy sales declined at the energy company.
Just Eat unappetising as Amazon takes bite of Deliveroo
Online retail giant Amazon has waded back into the food delivery market after leading a $575m funding round in Deliveroo, sending rivals such as Just Eat's shares lower in the process.
Future Group sees full-year results ahead of expectations
Future said its annual performance was likely to beat expectations after acquisitions helped the media and publishing company more than double profit in the first half.
Centaur Media revenue falls in first quarter
Centaur Media said revenue fell in the first quarter as the business information and training company sold off smaller businesses.
First Derivatives CEO Brian Conlon diagnosed with cancer
First Derivatives announced on Friday that its chief executive officer Brian Conlon has recently been diagnosed with cancer.
Creightons flags results boost from R&D tax credits
Personal care and beauty products company Creightons updated the market on its trading on Friday, reporting that sales in the second half of the year ended 31 March were likely to be “broadly similar” to those for the first half.
Regional REIT mulling fundraise to take advantage of 'growing pipeline'
Regional office and industrial property investment company Regional REIT announced on Friday that it was considering an equity fundraise to take advantage of its growing near-term pipeline of opportunities in the investment market.
UK Oil & Gas upbeat on latest testing at Horse Hill
UK Oil & Gas announced on Friday that, following a successful week-long pressure build-up test (PBU), the aggregate total Portland oil production at the Horse Hill oil field now exceeded 20,500 barrels.
Churchill China remains on target for full-year expectations
Performance ceramic manufacturer Churchill China continued to enjoy “good” trading levels across its business on Friday, as its investors gathered for their annual general meeting.
Revenue rises at Irish Continental despite lower tourism volumes
Ferry operator Irish Continental Group updated the market on carryings for the year to date to 11 May and financial information for the first four months of 2019 on Friday, reporting consolidated group revenue of €102. 3m - an increase of 6. 1%.