Company News
Tobacco stocks fall as FDA cracks down on ecig flavours
Tobacco stocks tumbled on Wall Street after US regulators announced new restrictions on flavoured electronic cigarettes and potential bans on menthol cigarettes and flavoured cigars.
Friday preview: Brexit, US capital flows in focus
The focus at the weekend will continue to be on the withdrawal process, with investors focusing on the risk of further Cabinet resignations even as they keep a tally of how many MPs support, or do not, a no-confidence vote against the Prime Minister.
Walmart sales beat forecasts, helped by Asda
Walmart turned in a stronger-than-expected set of sales figures ahead of the all-important holiday season, leading the retailer to boost its full-year outlook and put rival Amazon on notice.
Capita shares tank after NHS cancer screening blunder
Capita shares tumbled a day after it emerged that the company had failed to deliver thousands of cervical cancer screening letters to patients as part of a contract with NHS England.
Bellzone Mining says it could go bust if it doesn't secure fresh funding
AIM-listed Bellzone Mining said on Thursday that it could go bust if it's not able to secure fresh funding soon.
Young & Co boosted by hot English summer
Brewer and landlord Young & Co saw revenues and profits move ahead in the first half of its trading year thanks to the combination of a well-invested, premium estate and the hottest English summer on record.
Learning Technologies buys rest of Watershed, ups medium-term goals
Integrated digital learning and talent management provider Learning Technologies Group announced the acquisition of the remaining 70% of Watershed Systems on Thursday.
MC Mining subsidiary agrees terms to buy two properties at Makhado
MC Mining announced on Thursday that its subsidiary, Baobab Mining & Exploration, has reached agreement on the terms and conditions under which it would acquire the two key properties required for its Makhado hard coking and thermal coal project.
Patisserie Valerie dumps CEO for turnaround guru Francis
Patisserie Holdings, the company that operates the Patisserie Valerie chain, replaced chief executive Paul May with former Tulip boss Stephen Francis on Thursday, as the company looks to get back on its feet after accounting irregularities came to light.
Jason Kingdon steps down as Blue Prism chair
Robotic process automation company Blue Prism announced on Thursday that, after 10 years, Jason Kingdon had informed the board of his intention to step down as chairman and as a member of the board in 2019, in order to focus more on his other technology start-up commitments.
Tatton's profits explode as advisers jump aboard
Tatton Asset Management reported on Thursday that its interim profit before tax more than quadrupled in size after a jump in customer numbers.
AFC Energy jumps as fuel cell commercialisation 'now in sight'
AFC Energy’s shares jumped on Thursday as the company reported that the design of its first commercial fuel cell system is nearing completion.
Venture Life snaps up international distribution deals
Venture Life Group on Thursday updated investors on a slew of recently signed distribution agreements concerning newly acquired Dentyl and progress with its UltraDex brand in Asia.
St Modwen sells £82m of retail assets
Real estate investment outfit St Modwen Properties disposed of three retail assets on Thursday, collecting more than 3% above the properties' book value in the process.
Eve Sleep bounces as new boss outlines non-mattress plans
Eve Sleep's newly appointed chief executive James Sturrock unveiled his new strategy for the mattress maker on Thursday following the group's strong performance leading into the new year.
Actual Experience's first deployment via channel partner boosts revenues
Actual Experience made some strong progress in its last trading year, with in-year and recurring revenues moving ahead year-on-year.
Echo Energy preps for stimulation programme at Argentine asset
Echo Energy plans to launch a two-well stimulation programme at one of its Argentine assets within the next "three to four weeks".
Dart Group flies lower in face of Brexit and cost pressures
Jet2 airline owner Dart Group’s shares stumbled on Thursday after the outift told investors that the second half will bring “increased losses” as cost pressures take their toll.
Caledonia Investments woos new CFO Tim Livett from Wellcome Trust
Caledonia Investments announced on Thursday that it has appointed Tim Livett as its chief financial officer, with effect from 12 March next year.