Company News
24 Sep
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Tuesday preview: US housing data, Card Factory, AG Barr

The calendar for regularly-scheduled economic events is exceedingly light on Tuesday, with the main releases expected to be the US Federal Housing Finance Agency and S&P Case-Shiller's home price indices for the month of September.

24 Sep
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TLA ponders sale of US business with new financial advisor

Leading athlete representation and sports marketing business TLA Worldwide appointed FTI Capital Advisors as its new financial adviser on Monday as part of a strategic review.

24 Sep
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Labour pledges to set up publicly-owned water services run by workers

The Labour party has pledged to "turn off the tap" that sells-off utilities for private profit and to set up publicly-owned transparent water companies run by local councils, workers and customers.

24 Sep
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Smurfit Kappa hands over Venezuelan operations to government

Corrugated packaging group Smurfit Kappa has handed over full responsibility for its Venezuelan operations to the government there and will write down net assets of around €60m as a result.

24 Sep
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FireAngel to supply St Leger Homes with smoke and heat alarms

Home safety products company FireAngel has been appointed as the exclusive supplier of smoke and heat alarms to St Leger Homes, it announced on Monday.

24 Sep
APC Technology ends year in line with expectations

Specialist electronic products and components company APC Technology Group confirmed on Monday that its unaudited full year results to 31 August were expected to be in line with management expectations.

24 Sep
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Spectra Systems ups dividend as major contract boosts revenue

Secure transaction and banknote technology firm Spectra Systems reported an increase in first-half revenue on Monday on the back of a large customer order.

24 Sep
Positive top-line results for 4D Pharma's Thetanix

Biotherapeutics company 4D Pharma announced positive top-line results for its Phase 1b study of ‘Thetanix’ in paediatric patients with Crohn’s disease on Monday.

24 Sep
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Randgold agrees no-premium merger with Canada's Barrick Gold

Randgold Resources has agreed to nil-premium merge with larger Canadian rival Barrick Gold to create the largest gold mining company in the world.

24 Sep
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Thomas Cook issues profit warning over fierce 'lates' market

Tour operator Thomas Cook warned that profits for the full year would be lower than expected after the long, hot UK summer created fiercer than usual industry competition in the 'lates' market.

24 Sep
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Sky urges shareholders to accept deal as Comcast outbids Fox

Sky urged its shareholders on Monday to accept a takeover offer from US cable company Comcast after it outbid Rupert Murdoch’s 21st Century Fox for the London-listed broadcaster.

24 Sep
EasyHotel opens five new sites, agrees to buy Blackpool site

EasyHotel announced on Monday that it has opened five new sites and conditionally acquired a 999-year lease on a site in Blackpool.

24 Sep
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Versace said to be nearing $2bn sale to Michael Kors

Versace is on the cusp of agreeing a deal to be ought by US fashion giant Michael Kors in a deal that values the Italian fashion house at $2bn, according to reports.

24 Sep
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Gama Aviation's keeps targets despite 'challenging' European market

Gama Aviation kept faith with its full-year expectations on Monday even though the business aviation services company’s first-half profits plummeted.

24 Sep
internet computers
Losses narrow as revenue improves at Nasstar

Hosted managed and cloud computing services provider Nasstar announced its unaudited interim results for the six months ended 30 June on Monday, with revenue up 6% year-on-year to £12. 5m.

24 Sep
panasonic, computer, chip
Marketing AI deployment drives revenue at Albert Technologies

Albert Technologies issued its results for the six months ended 30 June on Monday, reporting continued progress in deploying its artificial intelligence marketing platform ‘Albert’ as a software-as-a-service (SaaS) product for brands and agencies during the period.

24 Sep
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Irish boardroom pro Danny Kitchen to chair Sirius Real Estate

Germany-focussed branded business parks operator Sirius Real Estate announced the appointment of Daniel ‘Danny’ Kitchen to its board as non-executive chairman with immediate effect on Monday.

24 Sep
Tech veteran Kispert to chair Allied Minds subsidiary

Allied Minds announced on Monday that its subsidiary, Spin Transfer Technologies, had appointed John Kispert as the independent chairman of its board of directors.

24 Sep
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Ceres Power confirms £9m investment from Bosch

Ceres Power Holdings confirmed on Monday that, further to its announcement on 21 August, 5,973,660 new ordinary shares have been allotted to Robert Bosch at the then-agreed subscription price of 150. 8p, and were expected to be admitted to trading on AIM on 25 September.

24 Sep
Drugs, pharmaceuticals, medical
Instem breaks even after jump in orders

Life sciences software company Instem saw its shares climb on Monday after swinging to a first-half profit on the back of impressive order growth.