COMPANY NEWS
17 May
william hill horseracing racing horses
William Hill says FOBT cut will hit profits by up to £70m

William Hill said the government's cut in fixed odds betting terminal (FOBT) stakes to £2 would hit operating profits by up to £100m and reduce gaming revenue by 35-45%.

17 May
paddy power betfair
Paddy Power Betfair says FOBT stake cut will hit gaming revenues by £35m-£46m

Paddy Power Betfair said the plan to cut the maximum stake on fixed odds betting terminals to £2 would hit gaming revenues by £35m-£46m, although it welcomed the change.

17 May
Gala Coral betting gaming gambling
GVC sees £160m hit from UK govt betting stake changes

Ladbrokes Coral owner GVC said the planned new £2 maximum stake on gaming machines would cost it £160m, but said it would challenge the government's decision in court.

17 May
byotrol
Byotrol secures US retail trial with Target

AIM-quoted anti-microbial technology company Byotrol has secured a mass market retail trial in the US for its 24-hour germ-kill surface sanitizer Byotrol24.

17 May
Oil & gas plant
Genel follows 'landmark' year with solid start to 2018

London based oil and gas firm Genel Energy told investors at its annual general meeting on Thursday that momentum seen during its "landmark 2017" had carried on into 2018.

17 May
Conference call telephone
Cloudcall Group enhances services with release of new features

Cloud based communication software firm Cloudcall Group on Thursday announced the launch of its new Instant Messaging and SMS products.

17 May
Tritax Big Box confirms Q1 dividend

Tritax Big Box REIT declared a first-quarter interim dividend of 1. 675p per share, to be paid on 11 June.

17 May
brexit-nhs
NHS outsourcing deal with Capita 'put patients at risk'

Outsourcing NHS services to private company Capita is resulting in “widespread failures”, the UK’s spending watchdog has said.

17 May
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Starcom hopes to unlock sales margins with early product release

Wireless tracking solutions firm Starcom announced on Thursday that the latest version of its Watchlock Cube, the company’s award winning padlock, is now available to the market ahead of schedule.

17 May
Oil and gas drilling in India
SDX Energy quarterly revenues jump during 'busy period'

North Africa focused oil and gas company SDX Energy saw revenues and overall production move "significantly" ahead in the first quarter of its trading year.

17 May
Foxtons warns of 'very challenging' London market as revenue drops

Estate agency Foxtons, famous for its aggressive sales practices, reported a drop in first-quarter revenue on Thursday as it cautioned that the London property market remains "very challenging".

17 May
profit warnings portada
WH Ireland warns of 'increased loss'

AIM-quoted financial services firm WH Ireland gave investors cause for concern on Thursday morning, as reduced transactions and higher costs led the group to warn of an increased loss from its most recent trading year.

17 May
investec
Statutory profit down on constant currency basis at Investec

Investec saw a marginal improvement in its statutory operating profit before goodwill, acquired intangibles, non-operating items and taxation and after other non-controlling interests in its final results on Thursday, with the figure rising 1. 4% to £607. 5m.

17 May
Kew Bridge Court Grainger APG GRIP
Grainger sees solid rental income growth as it continues to invest

Grainger reported a 9% increase in its net rental income to £21. 8m in its half-year results on Thursday, along with a £756m secured private rented sector investment pipeline, up from £439m year-on-year.

17 May
NHS
Totally scores NHS outsourcing contract extension

Out-of-hospital services firm Totally has been awarded an 11-month contract extension with NHS Vale of York CCG via its wholly owned subsidiary Vocare.

17 May
hill smith roads barrier
Strong pound, weak UK hit Hill & Smith revenue, profit

A stronger pound and weak UK trading hit revenue and operating profits at engineering firm Hill & Smith in the first four months of 2018, the company said on Thursday.

17 May
Just Group first-quarter retirement sales beat estimates

Retirement services company Just Group rallied on Thursday as it reported a jump in first-quarter sales thanks to a strong performance in defined benefit de-risking.

17 May
ep google earth revela 467 milions dhectreesbosc sense registrar
Active Energy agrees Canadian forest deal to enhance product rollout

Active Energy has entered a memorandum of understanding (MOU) to acquire a controlling interest in privately owned Canadian forestry company PowerWood Canada.

17 May
hotel holiday thomas cook
Thomas Cook cuts losses as airline growth offsets UK margin pressure

Thomas Cook reported an improvement in first half losses and said it was seeing stronger demand and prices for the summer season across holiday tour and airline bookings.

17 May
cbsophos
Sophos billings up 22% as Central performs well

Full-year billings at FTSE 250 cyber security firm Sophos rose 22% thanks to growth in its integrated cloud-based management platform, but pre-tax losses widened due to currency movements.