Company News
European Commission opens investigation into Siemens's proposed merger with Alstom
The European Commission has opened an investigation into Siemens' proposed acquisition of Alstom.
Fletcher King cuts dividend as lettings hit by 'Brexit uncertainty'
Property asset and fund management company Fletcher King on Friday saw its shares drop over 15% after the company slashed its dividend on the back of a 63% drop in annual profits.
Vodafone agrees first partnership in North Africa
Telecommunications conglomerate Vodafone on Friday entered into a collaboration agreement with Tunisie Telecom, the first partnership of its kind for the British telecom giant in North Africa.
KCR Residential raising £3.1m through share issue
KCR Residential announced on Friday that it intended to issue around £3. 1m by way of an issue of ordinary shares at, or credited as fully paid at, 70p per ordinary share.
Minds + Machines launches batch of new domains into China
Internet top-level domain operator Minds + Machines Group has received approval from MIIT - the Chinese regulator - for the future release of a new batch of top-level domains (gTLDs) into China - . fashion, . fit, . yoga and . luxe.
Creo Medical Group raises up to £48.5m in placing
Medical device company Creo Medical Group has conditionally raised up to £48. 5m before expenses, it announced on Friday, by way of three share placings by Cenkos Securities at 125p per ordinary share.
Inspired Energy tops sector index in first quarter
Inspired Energy was celebrating on Friday, after energy consultancy Cornwall Insight ranked it as the leading third party intermediary in the industrial and commercial sector index rankings for the first quarter.
Providence completes farm-out of part of licence to Total
Ireland-based oil and gas exploration company Providence Resources updated the market on Frontier Exploration Licence (FEL) 2/14 on Friday, confirming that, having received approval from the Minister of State at the Department of Communications, Climate Action and Environment, the farm-out comprising the assignment of 35% equity and transfer of operatorship of the licence to Total E&P Ireland had now completed.
SolGold makes good drilling progress at Cascabel
SolGold updated the market on drilling programs at Alpala and Aguinaga, at its Cascabel project in Northern Ecuador on Friday, reporting that extension drilling at the Alpala Central 'high-grade core’ was expected to extend the high-grade mineralisation along the lower and northeast margins of the deposit.
RhythmOne surges after good start to year
RhythmOne told investors that it had traded in-line with expectations during the first quarter, starting the year strong with quarter-on-quarter growth in both revenue and earnings.
Disney must extend £14 offer to Sky shareholders, watchdog says
Disney must extend its offer to Sky shareholders in order to ensure minority shareholders benefit equally to major shareholder 21st Century Fox, the UK Takeover Panel has ruled.
Prospex upbeat on work programme at Tesorillo
Prospex Oil and Gas updated the market on the ongoing work programme to test known gas bearing sandstone sequences at the Tesorillo Project in the Cadiz Province of southern Spain on Friday.
US consumer sentiment dips in July amid trade war woes
Consumer sentiment in the US deteriorated in July amid trade war concerns, according to a preliminary reading from the University of Michigan.
Tristel sees full-year results in line, 'strong' growth across business
Tristel, which manufactures infection prevention products, said on Friday that results for the year to 30 June will be in line with expectations, with strong growth across the business.
Triple Point acquires 51 supported housing units
Real estate investment trust Triple Point Social Housing exchanged contracts on one supported housing property and completed the acquisition of two more on Friday.
Cadence Minerals sees continued momentum at Arden and Bonaventura projects
Cadence Minerals has seen momentum at the Arden and Bonaventura projects continue to build since its last update, with drilling now expected to kick off by the end of July.
Tekmar selected for 6 years of wind farm projects by Ørsted
Subsea cable protection systems provider Tekmar Group on Friday saw its patented cable protection system selected by Ørsted, formerly DONG Energy, for its offshore wind farm projects.
Regal Petroleum shares boosted by successful Ukrainian well workover
Oil and gas exploration and production firm Regal Petroleum saw its shares jump on Friday after it announced a successful workover of the SV-12 well in Ukraine.
SafeCharge hails 'strong' first half on new client wins
AIM-listed payments technology company SafeCharge hailed a solid first-half on Friday on the back of new client wins.
Columbus Resources acquires Steeldrum Oil in all-share deal
Oil and gas producer Columbus Energy has signed a sale and purchase agreement to acquire Trinidad-focused firm Steeldrum Oil in exchange for 92m shares worth around £4. 7m on the company's current share price.