COMPANY NEWS
05 Dec
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Iomart provides extra silver lining from the cloud

Cloud computing services provider Iomart declared its first dividend as revenue and profit growth in the first half of its financial year thanks to a mix of organic and acquisitive expansion.

05 Dec
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Mporium's FWM signs new seven-figure deal

Event-driven marketing technology provider Mporium Group announced a “significant” commercial agreement for its technology-led digital agency Fast Web Media on Tuesday.

05 Dec
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PCI-PAL continues to add new contracts in November

Secure payment solutions-focussed customer engagement specialist PCI-PAL has won a further major reseller contract and two new UK local government contracts in November, it announced on Tuesday, through its partnership with global cloud contact centre telephony provider 8x8.

05 Dec
glencore
Glencore forms JV with Canada pension fund

Glencore has formed a 50:50 joint venture with the Ontario Teachers' Pension Plan called BaseCore Metals, which will actively pursue investment opportunities focusing mainly on base metals streams and royalties.

05 Dec
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IAG traffic rises in November, OpenSkies to cease operating

British Airways and Iberia parent International Consolidated Airlines Group reported a rise in traffic for November as it announced that its French airline OpenSkies will cease to operate at the end of next summer.

05 Dec
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San Leon to relinquish remaining Baltic Basin interests

Africa and Europe-focussed oil and gas development and appraisal company San Leon has informed the Ministry of Environment in Poland of its intention to relinquish its interest in its remaining Baltic Basin shale gas concessions at Gdansk West and Szczawno, onshore Poland.

05 Dec
cineworld
Cineworld to buy Regal Entertainment for $3.6bn

Cineworld has reached an agreement to buy US rival Regal Entertainment Group for $3. 6bn (£2. 7bn), creating the world's second largest cinema operator.

05 Dec
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Albert Tech to shutter indirect business as SaaS revenues rise

Albert Technologies updated the market on its software-as-a-service (SaaS) business, and confirmed its intention to cease trading in its indirect business by the end of 2017 on Tuesday, in light of what it called “growing momentum” and revenues in its core operations.

05 Dec
Copper
Phoenix Global Mining adds 33 claims to Empire mine

US-focussed copper and cobalt exploration and development company Phoenix Global Mining has expanded the land position of the Empire Copper Mine in Idaho, it announced on Tuesday, with the addition of 33 unpatented mining claims in the Horseshoe Block immediately north of the existing property.

05 Dec
Wednesday preview: EC's Brexit decision, Stagecoach results

Wednesday will be another important day for Brexit, as Theresa May's rollercoaster week of negotiations continues, while its quite quiet on the company results front, with Stagecoach the biggest name expected.

05 Dec
SuperGroup, Superdry, fashion
Clipper Logistics extends Supergroup contract for five more years

Value-added logistics solutions and e-fulfilment provider Clipper Logistics has secured a five-year extension to its contract with Supergroup, it announced on Tuesday.

05 Dec
barclays bank london
Barclays tests regulation technology under FCA programme

Barclays is testing technology that ensures the bank implements changes to regulation correctly as part of an innovation drive by the Financial Conduct Authority.

05 Dec
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Johnson Service appoints Peter Egan as CEO

Johnson Service Group has appointed Peter Egan - currently the managing director of its Apparelmaster workwear rental business - as its new chief executive officer.

05 Dec
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Shire invests in new haemophilia pill collaboration

Rare disease specialist Shire has invested in Rani Therapeutics as part of a new haemophilia collaboration with the US biotech to test an orally delivered therapy.

05 Dec
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Benchmark earnings end year above expectations

Aquaculture health, nutrition, and genetics business Benchmark updated the market on the end of its financial year on Tuesday, claiming revenues of £138m, in line with market expectations.

05 Dec
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PureTech affiliate resTORbio files for US IPO

Advanced, clinical-stage biopharmaceutical company PureTech Health issued an update on Tuesday, noting that resTORbio - an affiliate of PureTech Health - has previously confidentially submitted a draft registration statement with the United States Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

05 Dec
FCA
FCA withheld RBS report due to legal fears

The Financial Conduct Authority withheld a report on Royal Bank of Scotland's treatment of business customers because it was worried about being sued by the bank or its managers and former managers.

05 Dec
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Brighton Pier Group to buy mini golf operator for £10.5m

Brighton Pier Group - which changed its name from Electric Bar Group after it acquired Brighton Pier - has raised a total of around £3m before expenses through a share placing, which it will use to part-fund the proposed acquisition of mini golf operator Lethington Leisure.

05 Dec
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Character Group looks to new products to ride out slowdown

Character Group said it expected new products to help it ride out a slowdown in the first half of its current financial year.

05 Dec
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Cerillion wins 'major' new contract with European telecoms provider

AIM-listed Cerillion, which provides billing, charging and customer relationship management software solutions, has signed a new contract with a European telecommunications provider worth an initial £5m and a total of £8. 4m over five years.