Latest News
Direct Line hints at special dividends as annual profits surge
Direct Line guided toward a much bigger profit for 2017 that the market was expecting, thanks to good results from motor and commercial insurance and lower than expected weather claims.
Infinity Energy confirms details of its main market aspirations
Infinity Energy updated the market on its intention to apply for a standard listing on the London Stock Exchange’s main market on Friday, which it initially announced on 2 February.
Strategic Minerals subsidiary gets extension to Cobre Mine access
Diversified mineral development and production company Strategic Minerals announced on Friday that its access to the Cobre magnetite stockpile in New Mexico has been extended to 31 March 2019.
Scisys renews long-term service contract with BBC
Scisys has announced the renewal of its contract to supply support and maintenance services for the BBC's enterprise audio broadcast technology.
Brexit transition period not a given, says EU's Barnier
European Union Brexit negotiator Michel Barnier has warned that there is no guarantee of a post-Brexit transition period.
BNN Technology set for AIM delisting on Monday
BNN Technology announced on Friday that it has not appointed a replacement nominated advisor, and as such its ordinary shares will be de-listed on AIM as of 0700 GMT on 12 February.
Physiomics shares jump as new 'virtual tumour' contract signed
Shares are on the rise in cancer technology company Physiomics after it announced a contract with a major global top 10 pharmaceutical client.
Nationwide maintains position amid tough market
Nationwide Building Society published its interim management statement for the period from 5 April to 31 December on Friday, reporting that underlying profit increased to £883m from £866m year-on-year, while statutory profit fell to £886m from £946m.
Amazon not backing down from Premier League TV auction
Analysts believe that Facebook, Google and Netflix are no longer interested in bidding for the Premier League’s broadcasting rights but Amazon may still look to tackle current owners Sky and BT in the forthcoming TV auction.
Asia report: Markets finish week in miserable fashion
Markets in Asia finished lower on Friday, after another red session on Wall Street overnight saw US stocks extend their massive losses sustained earlier in the week.
Europe midday: Stocks dip, traders hesitant
Stocks are trading just slightly lower come midday, with traders drawing a degree of comfort from the slight bid evident in US equity futures before the opening bell on Wall Street.
Ten Entertainment buys sites in Chichester and Warrington
AIM-listed ten-pin bowling company Ten Entertainment Group has acquired two new sites in Chichester and Warrington, taking its estate to 42 sites and continuing its acquisition strategy.
Unisys hits other targets while earnings fall
Information technology giant Unisys issued its full-year numbers on Friday, reporting that it generated fourth-quarter total revenue of $747m, representing growth of 3. 5% year-on-year.
Dukemount Capital gets extension on option to buy
Property management and long-dated income provider Dukemount Capital updated the market on its four-month option to buy on Friday, which was signed at the time it completed its second acquisition in North West England in October last year.
S&U sees motor finance record at Advantage division
Motor finance and property bridging lender S&U updated the market on Friday, on its trading for the period from 7 December to its year-end on 31 January.
Schroder European agrees terms to City BKK to surrender Hamburg lease
Schroder European Real Estate Investment Trust announced on Friday that it has agreed terms for City BKK to surrender its lease at the Hamburg office asset in Germany, in return for a cash payment to the company of €3. 9m.
London midday: Stocks maintain losses as pound drops on industrial output data
Stocks in London were still in the red by midday on Friday following a selloff in the US and Asia, as investors digested a mixed set of UK data releases.
US pre-open: Stocks seen mostly higher after Thursday's selloff; UPS and FedEx slide
US futures pointed to a mostly higher open on Wall Street on Friday following another sharp selloff the day before.
Bad news for postal operators as Amazon launches delivery service - report
Amazon plans to launch a postal delivery service for businesses in the US, which could spell bad news for the likes of Royal Mail's Parcelforce arm and European rivals DPD and Hermes.
US Senate seals budget deal with more spending on defence, infrastructure, pharma
The US Senate approved a two-year budget deal early on Friday, with a bill focusing on boosting military and domestic spending by almost $300bn over the next two years.