Company News
Eco Atlantic Oil and Gas acquires Pan Africa Oil Namibia
Eco Atlantic Oil & Gas acquired Pan Africa Oil Namibia on Thursday after the AIM-listed firm picked up the last 10% of the outfit's shares not already in its possession.
Barclays customers frustrated by online glitch
Barclays customers were locked out of their accounts for hours on Thursday after technical glitches struck the bank’s online and telephone banking services.
Friday preview: Public sector borrowing, SIG in focus
The focus at the end of the week will be on the government's finances for the month of August, with ONS set to release public sector borrowing data at 0930 BST.
Wetherspoons and McDonalds workers to strike over wages
Workers from Wetherspoons, McDonalds and TGI Fridays have taken unexpected action to fight “poverty wages” and are set to strike together next month.
Premaitha appoints former ERBA Diagnostics CEO to board
Molecular diagnostics group Premaitha Health on Thursday appointed Hayden Jeffreys to the board as group commercial director upon completion of directorate appointment due diligence.
Modern Water leaks lower despite record profit
Water monitoring systems supplier Modern Water saw its shares drip lower on Thursday despite the company recording a record first half gross profit after achieving double-digit revenue growth.
Barclays upgrades Aveva after capital markets day
Barclays upgraded Aveva to 'overweight' from 'equalweight' on Thursday and lifted the price target to 3,150p from 2,800p following the company's capital markets day a day earlier.
Adept4 reaches settlement with managed IT vendors with 'small cash inflow'
IT-as-a-service provider Adept4 has successfully settled its legal dispute with the vendors of Adept4 Managed IT, it announced on Thursday, as it outline in its interim results for the six months ended 31 March.
Sky suitors auction to decide takeover by end of week
An auction to decide the buyer of Sky will be decided by Saturday evening after the battle between 21st Century Fox and Comcast reached a stand-off.
Mayan Energy suffers delays at Forest Hill due to lack of access
Oil and gas company Mayan Energy updated the market on its Forest Hill assets in Wood County, Texas on Thursday, where it holds a 75% working interest and a 52. 5% net revenue interest in two oil and gas leases.
Northern Bear makes good trading progress in first half
Northern Bear updated the market on its trading for the six month period to 30 September on Thursday, reporting that its unaudited interim results would show operating profit ahead of prior year results.
Beach Marcelle waterflood project going well, says Range Resources
International oil and gas company Range Resources updated the market on its producing waterflood project in the south east area of the Beach Marcelle field in Trinidad on Thursday, reporting that it was now undertaking work to expand the project.
Clear Leisure suffers cryptocurrency delay, awaits next Mediapolis hearing
Clear Leisure updated the market on its cryptocurrency mining data centre and the ongoing Mediapolis appeal on Thursday, reporting that as of Wednesday, the centre - Miner One - has extracted approximately 0. 454 Bitcoins and 17. 045 Litecoins in pool mining mode.
Eve to refocus as profits jump but short of high expectations
Online mattress retailer Eve Sleep on Thursday reported that first half revenues and profits leapt as the company focused its efforts on the UK, Ireland and France.
City Pub Group toasts swing to profit
Boosted by the long hot UK summer, City Pub Group swung to a profit during the first half of its trading year.
hVIVO lauds sales pipeline and large contract as revenues jump
Drug development services provider hVIVO achieved its "strongest potential sales pipeline" for several years, executive chairman Trevor Phillips said on Thursday.
Ryanair chairman holds on but support wanes
Ryanair chairman David Bonderman survived an investor vote on Thursday, though received a slight 'bloody nose' from shareholders.
Diageo profits to be diluted by emerging markets volatility
Diageo has been buffeted by "increased volatility in some markets" and heightened emerging market foreign exchange instability in recent weeks, which will results in a £45m hit to profits.
Trackwise profits on the rise in first results since AIM flotation
Trackwise Designs saw revenues and profits move ahead in the first six months of its trading year.
IndigoVision's loss deepens despite aim to break even over full-year
Video surveillance system producer IndigoVision saw its shares dive on Thursday as its first-half losses deepened despite insisting that the company’s turnaround remains on track.