Company News
John Menzies strikes upbeat note on trading
John Menzies said it was confident about hitting forecasts for annual profit and upbeat about prospects for 2018.
Worldwide Healthcare outperforms amid positive Trump effect
Worldwide Healthcare Trust said it outperformed its investment benchmark in the first six months of the year and that perceptions of healthcare stocks had improved under the presidency of Donald Trump.
Eco Atlantic makes significant development progress
Oil and gas exploration company Eco Atlantic Oil & Gas updated the market on its operations in the first half on Thursday, confirming that together with its operating partner Tullow Oil, it has completed a 2,550 square kilometre 3D seismic survey on the 1,800 square kilometre Orinduik Block, offshore Guyana.
CMC Markets interim profit jumps 58% but short-term outlook cautious
Spreadbetting firm CMC Markets posted a 58% jump in interim pre-tax profit on Thursday as net operating income was lifted by its focus on high value clients, although it sounded a cautious note on the short-term outlook.
Anglo African Agriculture elevates Rob Scott to executive director
Food manufacturing and trading company Anglo African Agriculture announced on Thursday that Rob Scott, an existing non-executive director, has taken on the role of executive director with immediate effect.
Walker Crips posts solid improvement in first-half revenue
Investment management, stockbroking and wealth management services provider Walker Crips Group reported a 16. 7% uptick in revenues in its first half on Wednesday, to £15. 4m.
Fox Marble makes further shipments under agreement with Semsekler
The AIM-listed company, Fox Marble, said Thursday it has made further shipments under its agreement with Semsekler, the general Ship Chandlers & Ship Repair company.
Calidus Resources completes initial review of land holdings
Keras Resources has announced that Calidus Resources, in which Keras currently holds 217. 25m shares, has completed an initial review of its recently expanded land holdings and generated numerous high priority gold targets.
Mitchells & Butlers profit drops amid cost headwinds, cancels dividend
Pub group Mitchells & Butlers reported a drop in full-year profit on Thursday as it highlighted inflationary cost headwinds and said it will not pay an interim dividend in the current financial year, although revenue rose.
Mothercare tumbles as it swings to loss, highlights 'softening' UK market
Mothercare was under the cosh on Thursday after saying it swung to a loss in the first half of the year amid challenging international markets, as it warned of a "softening" in the UK.
Ofgem fines energy supplier E for misleading behaviour, blocks Shetland energy link
E, the gas and electricity supplier, has been being forced to pay £260,000 into the regulator's charity fund for failing to ensure its sales agents were transparent or passed sufficient background checks.
Ideagen secures contract win worth $1.6m
AIM-listed Ideagen has secured a contract from a "global leader" in the petrochemical industry worth an initial $1. 6m.
Telit issues another profit warning amid major board changes
Telit Communications issued another profit warning on Thursday, reporting that pressure on gross profit margins stemming from the transition from 2G and CDMA products toward LTE products had been greater than expected.
Majestic Wine toasts strong growth in first half
Majestic Wine said it was on track to meet expectations for annual profit after notching up strong growth in the first half.
Centrica warns annual profit will miss expectations
Centrica shares plunged to an 18-year low after the energy supplier warned annual profit would miss market expectations due to poor performance at its business energy supply division.
Blur Group making 'steady progress' as profit and revenue rise
AIM-listed Blur Group said on Thursday that it is making 'steady progress', with gross profit and revenue in the third quarter ahead of the first half.
Gem Diamonds recovers high quality 202 carat diamond from Letseng
Gem Diamonds has recovered a high quality 202 carat, D colour type IIa diamond from its Letseng mine in Lesotho.
Cineworld takings rise as chain opens more cinemas
Cineworld has reported box office and retail takings up this year after the chain opened and refurbished more cinemas.
Caledonia Investments makes decent progress despite market struggles
Caledonia Investments reported a 2. 7% decline in net assets in its first half on Thursday, to £1. 85bn, with net asset value per share also down, dipping 2. 9% to 3,298p.
Unite secures new £500m debt facility
Unite Group has secured a new £500m unsecured debt facility from HSBC and RBS that provides additional financial headroom for its development pipeline and greater financial flexibility.