Company News
11 Jan
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: P2P's Cassidy backs new trategy

P2P Global Investments director Michael Cassidy bought £124,500 worth of shares in the investment company as it continued to rally on the back of share buybacks and the new strategy announced in late November.

11 Jan
carillion hardhats
Carillion in talks with banks, government and pensions regulators - reports

Carillion's pensions trustees will hold talks with the government and pensions regulators as the construction group battles to avoid breaching its banking terms.

11 Jan
Google by Dudley Carr (Flickr)
Google quietly buys UK startup Redux

Google parent Alphabet has acquired a Cambridge startup that develops technology to turn surfaces, such as screens, into speakers.

11 Jan
Kenmare Resources mining 125
Kenmare lowers 2018 guidance after consecutive year of record production

African-focussed mining group Kenmare Resources achieved production guidance for all products last calendar year, achieving record production levels of ilmenite, rutile and zircon in the process.

11 Jan
Money cash dollars
Allied Minds syndicates $10.28m of Spirit bridging facility

Intellectual property commercialisation company Allied Minds has found two investors to take up $10. 28m of the $22. 8m convertible bridge facility commitment it was offering to one its its subsidiary companies.

11 Jan
construction housebuilding bovis
Friday preview: Bovis looks to avoid third profit warning, tough task for B&M

Friday's corporate cupboard is expected to be almost bare, though retailer B&M and housebuilder Bovis should provide investors something to chew on.

11 Jan
foot
Footasylum shares dip as strong sales growth leads to spate of profit taking

AIM-listed retailer Footasylum saw the strong growth reported in its first trading half continue into the second as third-quarter revenues grew 33. 4% over the same period a year earlier.

11 Jan
croda, chemicals
Croda buys Canadian marine biotechnology group and Finnish tech supplier

Speciality chemicals group Croda International has made two technology acquisitions for an undisclosed sum.

11 Jan
Card Factory, retailing, gifts
Card Factory slumps as it warns earnings will be hit by margin pressure

Card Factory shares slid on Thursday even as the company hailed a “solid” Christmas trading period, as it warned that continued margin pressure will limit any earnings growth for this year.

11 Jan
boohoo charliexx
Boohoo ups full-year sales forecast again as revenues double

Fast fashion brand Boohoo. com bumped up its full-year sales forecast again on Thursday as it said revenues doubled in the four months to the end of December.

11 Jan
eldorado-gold
Cora Gold completes reconnaissance drilling at Sanankoro asset

AIM-listed gold exploration company Cora Gold has completed its Stage 1 reconnaissance drill programme at its flagship Sanankoro gold discovery in Southern Mali, with the firm expecting assay results to be received by the end of January.

11 Jan
centamin
Centamin chairman Josef El-Raghy to retire after 20-year stint

Centamin's long-standing executive chairman, Josef El-Raghy, will retire from the Egyptain gold miner at the end of 2018.

11 Jan
ep nintendo switch
Game Digital revenues jump on increased sales of Nintendo Switch

High street retailer Game Digital saw gross retail sales rise across the whole group during its peak holiday trading period, with margins lower but expected to level off as increased cost savings are targeted.

11 Jan
John Lewis, retail
John Lewis hails record Black Friday but warns over margin pressure

John Lewis said on Thursday that Black Friday 2017 was its most successful sales day in history, but the retailer also sounded a cautious note about the outlook and said trading was likely be “volatile”.

11 Jan
ao world, white goods, consumer, warehouse, ao.com
AO World revenues surge 17% with strong EU performance, more categories

Online electrical products retailer AO World reported much improved European sales and revenues from its UK business up 11. 4% over the last three months of the year in spite the "fiercely competitive" trading environment.

11 Jan
hilton food meat
Hilton Food says trading in line, outlook positive

Specialist food packing business Hilton Food said on Thursday that its performance in the year to the end of December has been in line with the board’s expectations.

11 Jan
oil rig, scotland
Premier Oil produces 75,000 barrels per day from North Sea

Exploration and production company Premier Oil saw production increase 5% last year after first oil from its Catcher area field development in the North Sea began on schedule and under budget.

11 Jan
selco, grafton group, by eddie (flickr)
Irish, Netherlands recoveries boost Grafton revenues

International builders merchant Grafton said 2017 revenue increased by 8. 8% to £2. 7bn and it expected to report full year earnings before interest, tax and amortisation slightly ahead of consensus forecasts.

11 Jan
gvc-holdings foxy
GVC Holdings expects strong profits after record fourth quarter

Online gambling group GVC Holdings said profits would be at the top end of its expected range after a record level of net gaming revenue in the final quarter of 2017.

11 Jan
rathbone brothers
Rathbone Bros reports strong growth in FUM

Wealth manager Rathbone Brothers reported "robust" growth in funds under management as total 2017 net inflows increased to £2. 1bn from £1. 7bn.