COMPANY NEWS
07 Nov
Investec highlights strong cash flows, M&A optionality at Imperial Brands

Analysts at Investec sounded a positive note on shares of Imperial Brands despite the company's slight earnings miss for the full year, pointing to its "strong" cash-flows and M&A optionality, which led them to the conclusion that the discount they were trading on relative to the sector was too "harsh".

07 Nov
bt, openreach, cable, broadband, internet
Director dealings: Partner of BT chairman collects 200,000 shares in telecoms giant

Magdalena du Plessis, the wife of BT chairman Jan du Plessis, picked up 200,000 ordinary shares in the telecommunications giant on Tuesday at a cost of £2. 52 each.

07 Nov
Fever-Tree, Fevertree, drinks, tonic
Fevertree Drinks sees full year 'materially ahead' of current market views

Fevertree Drinks said on Tuesday that results for the year to the end of December are set to be “materialy ahead” of current market expectations following a strong performance in the year to date.

07 Nov
ep avion a330-200iberia
IAG traffic remains on upward trajectory

International Consolidated Airlines Group, better known as IAG and as the owner of British Airways and Iberia, continued to grow capacity and passenger traffic in October.

07 Nov
innogy-eoliennes-nordsee-one
SSE and Innogy in 'well-advanced' merger discussions

British energy supplier SSE is in talks with the parent company of rival Npower, German firm innogy, about potentially forming the UK's largest power company.

07 Nov
computer chip technology computers
First Derivatives ticks all the boxes

UK-based software and consultancy services firm First Derivatives saw its revenue grow by 21% in the first half of its trading year, led by strong growth in its software wing and heightened demand for its managed services and consulting solutions.

07 Nov
new look shop retail
High street retailer New Look brings back former executive to right ship

Alistair McGeorge, executive chairman of low-cost fashion retailer New Look, said on Monday that the high street brand's previous management should be held accountable for its weakened sales performance and dragging the company to a heavy loss as a result of it making the group "too young and edgy. ".

07 Nov
internet computers
Lionsgold fintech unit receives FCA e-money approval

Gold-focussed exploration company and gold-holding fintech developer Lionsgold announced on Tuesday that its majority-owned fintech subsidiary TRAC Technology has received approval as an EMD Agent from the Financial Conduct Authority.

07 Nov
gold bars precious
Altus Strategies granted Zolowo exploration licence in Liberia

Africa-focussed exploration project generator Altus Strategies announced on Tuesday that it has been granted the Zolowo exploration licence in the Lofa County of north western Liberia, targeting Archaean greenstone-hosted gold deposits.

07 Nov
Money coins pound
Paragon Entertainment issues profit warning amid slow progress

Attractions design, production and fit-out company Paragon Entertainment announced on Tuesday that it expects to complete the 2017 financial year with sales “broadly in line” with the board's expectations, at £15. 0m.

07 Nov
Astrazeneca
NetScientific's Vortex BioSciences makes first commercial sale of VTX-1

Healthcare intellectual property commercialisation group NetScientific noted on Tuesday that its portfolio company, Vortex BioSciences, has announced its first direct commercial sale of its VTX-1 Liquid Biopsy System - a fully automated benchtop system for collecting intact circulating tumour cells (CTCs).

07 Nov
marks spencer rowe
Wednesday preview: Will Marks & Sparks fly? Otherwise look to Tullow, Persimmon

Marks & Spencer interims are the big talking point ahead of Wednesday's release, while others reporting include Persimmon, Esure, JD Wetherspoon, OneSavings Bank, Sophos and Tullow Oil.

07 Nov
platinum
Sylvania acquisition of Phoenix Platinum goes unconditional

Low-cost platinum group metal processor and developer Sylvania Platinum confirmed on Tuesday that the acquisition by Sylvania from Pan African Resources of 100% of the shares in and claims against Phoenix Platinum Mining was now unconditional.

07 Nov
strat aero drone
Strat Aero unit wins partnership with Integrated Water Services

Unmanned aerial vehicle-focussed aerospace company Strat Aero announced on Tuesday that its 100% owned subsidiary Geocurve has been selected as a specialist surveying partner by Integrated Water Services - a services provider to the UK water sector.

07 Nov
meeting, takeover, talks, bid, merger, acquisition, board
Victoria evaluating opportunities including acquisition of Keraben Grupo

AIM-listed flooring designer and manufacturer Victoria said on Tuesday that it is evaluating a number of opportunities, including the potential acquisition of European ceramic tile manufacturing business Keraben Grupo.

07 Nov
internet computers
Adept4 extends Office 365-based IT solution offerings

Information technology-as-a-service provider Adept4 announced a recent extension to its 'asset light' IT solution offerings on Tuesday, which it said leverage its expertise and customer base in Microsoft Skype for Business and telephony.

07 Nov
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent
Tertiary Minerals wins high-profile US industry award

Fluorspar company Tertiary Minerals announced on Tuesday that its 100% owned subsidiary, Tertiary Minerals US, has been chosen to receive the Bureau of Land Management's 2017 Hardrock Small Operator Award for its “outstanding and innovative” reclamation and sustainable mineral development work on its MB Fluorspar Project in Nevada.

07 Nov
cbhurricane2
Hiscox gross written premiums rise, hurricane claim estimates revised down

Insurer Hiscox reported a rise in gross written premiums for the first nine months of the year, as it revised down its estimates for claims related to recent hurricanes.

07 Nov
G4S
G4S trading in line but FY organic revenue guidance scaled back

Security services firm G4S, which won its spot on the FTSE 100 back in the summer, said on Tuesday that trading in the nine months to the end of September was in line with expectations, but its guidance for full-year organic revenue growth was scaled back.

07 Nov
sky tv bskyb television
Disney reportedly in talks to buy Fox's 39% stake in Sky

Walt Disney is reported to have held negotiations with 21st Century Fox over the sale of a large part of its operations, including its share of Sky.