Company News
Restore drops as shredding worries distract from double-digit earnings growth
Restore’s shares stumbled on Monday after the company’s shredding business experienced lower volumes than budgeted over the course of the year.
Block Energy aims for 900bopd after "excellent" production results at new well
Georgia-focussed oil and gas company Block Energy lauded its “excellent” initial production results from well-44 on its Norio Field, on Monday.
UK major retailers prepare to form action group over business rates
Around 50 of the UK’s major retailers are preparing to form an action group in a move to seek business rates relief from the government.
Panoply Holdings to buy D/SRUPTION for up to £3.6m
Panoply Holdings said on Monday that it has bought D/SRUPTION, the owner of business magazine iDisrupted, for up to £3. 6m.
Avingtrans on course as acquisitions open new avenues
Avingtrans climbed on Monday after it reported that it remains on course to match full-year expectations amid the integration of recent acquisitions and a "robust" pipeline halfway through its financial year.
Essentra sells PPT business to Texas-based National Oilwell Varco
Plastic and fibre products supplier Essentra has disposed of its Pipe Protection Technologies business to subsidiaries of Texas-based oil and gas equipment and components provider National Oilwell Varco.
Newmont Mining to buy Goldcorp in $10bn deal
Newmont Mining has agreed to buy Goldcorp in a $10bn that would create the world's leading gold business.
Litigation Capital Management to fund Aussie case
Litigation financing solutions provider Litigation Capital Management entered into an agreement to provide litigation finance in relation to proceedings which were currently being undertaken in Australasia, it announced on Monday.
Osirium anticipates 47% revenue growth after new UK customer wins
Osirium Technologies on Monday reported that results for 2018 are set to be “significantly ahead” of the year before as trading continues to improve.
Caldonia Mining gold production at Blanket shifts higher
Caledonia Mining Corporation announced gold production from the Blanket Mine in Zimbabwe for the quarter and year ended 31 December on Monday, with approximately 14,952 ounces of gold produced during the quarter, which was 7% higher than the previous quarter.
Mobile Streams pleased with performance even as revenue halves
Mobile Streams updated its shareholders on its progress for the six months ended 31 December on Monday, highlighting the fact that it secured direct agreements with all four mobile telecom operators in India during the period.
Surgical Innovations sees 'significantly stronger' second half
Surgery technology designer and manufacturer Surgical Innovations Group updated the market for the year ended 31 December on Monday, reporting that trading was “significantly stronger” in the second half, resulting in group revenue for the full-year of around £11m.
Arden Partners launches new wealth management division
Arden Partners announced the launch of Arden Wealth Management - its new wholly-owned and FCA-approved wealth management subsidiary on Monday, as well as the creation of a new wealth management division within the Arden group.
Tri-Star pleased with SPMP progress despite delays
Mining and minerals processing company Tri-Star Minerals announced an update from Strategic & Precious Metals Processing’s antimony-gold processing facility in Oman, in which it had a 40% shareholding, and on progress with the disposal of its interest in the Göynük Project in Turkey.
HSS Hire completes disposal of UK Platforms business
HSS Hire confirmed the completion of the disposal of its UK Platforms business to Nationwide Platforms - a wholly-owned subsidiary of the Loxam Group - for a total enterprise value of £60. 5m on Monday.
AFH Financial Group completes acquisition of Hayburn Rock
Financial planning-led wealth management firm AFH Financial Group announced the completion of the acquisition of Hayburn Rock Group and its subsidiary companies, based in Stourbridge, West Midlands, on Monday.
XP Power's quarterly order intake slides
XP Power, the maker of power control components, had a good finish to 2018 as it ended the year trading in line with expectations.
Ascent Resources eyes expansion beyond Slovenian border
Ascent Resources has resumed its previous strategy of expanding beyond the Eastern European nation of Slovenia, even as it continues to focus on moving forward its Petisovci project.
MNG Enterprises offers $12 a share for USA Today publisher Gannett
MNG Enterprises, which owns The Denver Post and The Boston Herald, has offered to buy USA Today publisher Gannett for $12 per share.
Boku revenues rise as transaction values soar
Carrier billing outfit Boku expects to turn in a sharp rise in revenues in its last trading year as a result of higher transaction values across its platform.