Company News
Infrastrata bolsters roster with salt cavern gas storage specialist
UK gas storage firm Infrastrata announced on Monday that it has appointed salt cavern gas-storage specialist Evan Passaris to strengthen the company's operational team.
Culture Sec ponders Comcast bid for Sky
Sky's potential takeover by Comcast does not perturb the government, but Culture Secretary Matt Hancock said he had not yet reached a final decision.
Greatland Gold shares boosted by mineralisation identification at Black Hills
Precious and base metals exploration firm Greatland Gold on Monday announced that it has identified four distinct zones of gold mineralisation at its wholly owned Black Hills licence in Western Australia.
IAG prepping £1.3bn offer for Norwegian
International Airlines Group is reportedly set to make a third run at a takeover of low-cost carrier Norwegian, one, which if successful, would value the budget airline at £1. 3bn.
Tuesday preview: Galliford update eyed as Halfords aims to stay on track
Although quieter than last week, there's still plenty for investors to get their teeth into on Tuesday, with updates from Close Brothers, Cranswick, Entertainment One, Galliford Try, Halfords, Homeserve, Pets at Home and Shaftesbury, before later data on UK public finance data and industrial trends that could move markets a little.
Midatech Pharma starts dosing in tumour treatment study
Oncology and immunotherapy pharmaceutical firm Midatech Pharma announced on Monday that it has started dosing patients in its first in-human study of sustained release product Q-Octreotide (MTD201).
ITM Power appoints finance director following 'invaluable' contribution
Energy storage and clean fuel company ITM Power announced on Monday that chief finance officer Andrew Allen will be elevated to the board as finance director with immediate effect.
Safestyle files legal claim against competitor Safeglaze
AIM-listed double glazing group Safestyle said on Monday that it is seeking damages and injunctive relief against competitor Safeglaze UK - whose most recent TV ad was fronted by Eastenders legend Pam St Clement - and a number of named individuals.
M&S lifted by store closure reports
Shares in Marks & Spencer rose on Monday on news that the high street retailer will more aggressively restructure its store estate.
Dixons Carphone appoints Clare Pettit as interim CFO
Dixons Carphone has appointed Clare Pettit as interim group chief financial officer with immediate effect.
Fifth Third Corp to buy Chicago-based MB Financial in $4.7bn deal
Fifth Third Bancorp has agreed to buy Chicago-based MB Financial in a deal valued at around $4. 7bn.
GE's transportation unit to merge with Wabtec in $11.1bn deal
GE Transportation, a unit of General Electric, has agreed to merge with rail equipment maker Wabtec in a deal valued at £11. 1bn.
Gateley updates on trading as it scoops up property law specialist GCL
Commercial law and complementary professional services provider Gateley reported improved sales and profits for the past year and announced the acquisition of GCL Solicitors for a total consideration of £4. 15m.
RM2 narrows losses as it strives towards earnings in 2019
Sustainable smart pallet developer RM2 International issued its audited financial results for the year ended 31 December on Monday, with revenues falling to $6. 6m from $8. 9m year-on-year.
Barclays beats SFO in Crown Court over Qatar loan
The Crown Court has dismissed fraud charges brought by the Serious Fraud Office against Barclays over the bank's emergency fundraising deal with Qatar at the height of the financial crisis.
Highlands Natural Resources reviews and expands its strategy
Highlands Natural Resources updated the market on its corporate strategy on Monday, saying it was now “ideally placed” to review its strategy following the recent funding agreement at its East Denver oil and gas project.
Omega reaches new milestone with VISITECT CD4
Medical diagnostics company Omega Diagnostics updated the market on its ‘VISITECT CD4’ development programme on Monday, after its recently-held design review meeting for the test designed to identify advanced HIV disease.
Block Commodities and FinComEco launch blockchain token for African farmers
Block Commodities and Financial & Commodities Ecosystem (FinComEco), a subsidiary of GMEX Group, announced a strategic partnership with blockchain toolkit business OST on Monday.
McKay Securities profits jump on positive revaluations, improved rental income
British real estate investment trust McKay Securities saw pre-tax profits move ahead in its most recent trading year as a result of a positive revaluation of its portfolio and increased rental income.
Sigmaroc swings to yearly profit
Buy-and-build construction materials group SigmaRoc delivered a solid set of results for its first year of trading profit as it successfully executed upon its strategy of extracting incremental value from acquisitions.