Company News
Sports Direct and Primark named and shamed for underpaying staff
Sports Direct and Primark are among a list of companies that have been named and shamed for paying staff less than the minimum wage, with the government dishing out £1. 3m of fines and ordering £1. 7m to be paid to 16,000 underpaid workers.
Clipper Logistics grows market share, profits in e-fulfilment and returns
Clipper Logistics enjoyed strong growth and grew market share in e-fulfilment and returns management services for retailers ranging from Asos to Marks & Spencer, enabling it to increase earnings per share almost 19% in the first half of the year.
People's Operator's £2.8m discounted fundraising hits shares
The People's Operator, the charity fundraising mobile virtual telephone network, plans to raise up to £3. 2m to pay down debt and launch a new marketing strategy less focused on low-value UK customers.
Bagir teams up with 'Sizer' app for suit measurements
Designer, creator and provider of “innovative” tailoring, Bagir has entered into an agreement with Israel-based body measuring app Sizer to combine the expertise of both businesses to produce ‘made to measure’ suits and other tailored garments for customers who provide their measurements online via the Sizer app.
Playtech drops on Ladbrokes Coral/GVC deal
Shares in gambling software company Playtech fell after Ladbrokes Coral said it is in advanced talks with GVC Holdings about a possible takeover of the bookmaker, amid concerns about the implications of the deal on its contract with Ladbrokes, for whom it provides online platforms.
Verditek's Westec signs letter of intent for CO2 tech commercialisation
Clean technology company Verditek announced on Thursday that, further to its announcement on 29 November, its group company Westec Environmental Solutions has signed a letter of intent with Industrial Climate Solutions to develop and enter into a licence agreement for the commercialisation of its CO2 absorber technology.
Dillistone talks up prospects of 'GatedTalent' product
Dillistone Group updated the market on early developments at its new subsidiary ‘GatedTalent’ on Thursday, which was launched on 9 October at the World Executive Search Congress as a private network designed to allow executives to share information with recruiters in a private manner, while also assisting recruiters in their GDPR compliance.
RM signals expectation-busting year ahead of results
RM expects its results for the financial year to 30 November to be ahead of expectations, it confirmed on Thursday.
Friday preview: Non-farm payrolls in focus, Berkeley reports interims
For traders this week is rather back-end loaded, with the US non-farm payrolls providing an early climax on the first Friday of every month, with UK industrial production and trade data providing some early action.
Brave Bison anticipating bumper end to financial year
Independent digital media and social video broadcaster Brave Bison Group updated the market on its trading for the year to 31 December on Thursday, saying it expects to report net revenues of approximately £9. 1m - ahead of expectations - and an adjusted EBITDA loss of £0. 9m, which includes a forecast £0. 4m foreign exchange loss.
Ariana upbeat on recent Hot Gold exploration results
Turkey-focussed exploration and development company Ariana Resources announced the results of recent exploration across the Hot Gold Corridor and within its wholly-owned 1 Moz Salinbas Gold Project on Thursday.
International PPL invests in Frankfurt police headquarters
Infrastructure investment company International Public Partnerships has entered into a binding commitment to acquire a stake in the new public private partnership police centre of South-East Hesse in Offenbach, near Frankfurt in Germany.
CRH not making bid for South Africa's PPC
Irish building materials group CRH has decided not to bid for PPC, the South African rival revealed on Thursday.
S&U still trading as expected
Specialist hire purchase motor finance and property bridging lender S&U updated the market on its trading for the period from 1 August to 6 December on Thursday, confirming it was still trading in line with expectations.
Royal Mail close to agreeing pension and pay deal with unions
Royal Mail looks like avoiding a Christmas strike from postal workers as the mediation process brings the company and unions closer to agreement on pensions, pay and working conditions - with analysts optimistic about the improved relations between the two sides.
IMImobile to acquire Healthcare Communications
Cloud communications software and solutions provider IMImobile has agreed to acquire Healthcare Communications UK - a provider of appointment management and patient experience communications to the UK healthcare market.
On-Line and ADVFN launch 'PlusOneCoin' cryptocurrency
On-Line and ADVFN announced the first phase of their joint ‘PlusOneCoin’ cryptocurrency project on Thursday.
William Hill settles NYX dispute
William Hill has settled a dispute with NYX, a Toronto-listed gaming software company in which the bookmaker owns a stake.
Sky higher as Comcast jostles with Disney over Fox assets
Sky shares were lifted by reports that US cable giant Comcast is interested in taking full control of the broadcaster and other assets of major shareholder 21st Century Fox, which is already in advanced sale talks with Disney.
HSS Hire surges as it announces additional cost savings
Shares in HSS Hire surged on Thursday after the tool and equipment hire firm said it has identified £10m to £14m of additional savings to be made following a strategic review.