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Company News
21 May
gas network pipe cadent balfour
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.

21 May
 parliament house of commons london westminster politics
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.

21 May
gold bars precious
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.

21 May
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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.

21 May
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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.

21 May
ep recursopharmamar
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).

21 May
handshake-deal
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.

21 May
safestyle
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.

21 May
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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.

21 May
Dixons Carphone, electrical retail
Dixons Carphone appoints Clare Pettit as interim CFO

Dixons Carphone has appointed Clare Pettit as interim group chief financial officer with immediate effect.

21 May
Money cash dollars
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.

21 May
general electric
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.

21 May
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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.

21 May
Money cash dollars
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.

21 May
barclays033
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.

21 May
oilfield
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.

21 May
Astrazeneca
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.

21 May
internet computers
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.

21 May
property, housing, real estate, house prices
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.

21 May
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.