News And Announcements
Shire surges as Allergan confirms interest after Takeda rejected
Shire has received and rejected a takeover approach from Japan's Takeda Pharmaceutical, but was later confirmed to be in talks with US giant Allergan.
RBS makes new hire to build its 'world-class digital services'
The Royal Bank of Scotland has appointed a new chief digital officer to its personal and business banking unit as it continues in its attempts to build "world-class digital services" for both personal and small business customers.
PPI complaints surge after FCA enlists Schwarzenegger
Complaints about PPI surged to a four-year high after the Financial Conduct Authority enlisted Arnold Schwarzenegger to spread the word about claiming for compensation.
Redcentric trading in line with expectations
AIM-listed Redcentric, an IT managed services provider, said on Thursday that its trading results for the year to the end of March were in line with the board’s expectations.
MyCelx raises revenue forecasts after new orders
Clean water technology company MyCelx Technologies Corporation has secured a new purchase order in Saudi Arabia, and has sold equipment in Australia, it announced on Thursday.
RhythmOne prepares shareholders for bumper results
RhythmOne issued a preliminary update on its expected performance for the full year ended 31 March on Thursday, confirming it was in-line with expectations.
Sunrise Resources posts results from Baker's Gold exploration
Sunrise Resources updated the market on the results of exploration it recently carried out at its Baker's Gold Project in Western Australia on Thursday.
Mpac trading in line as chairman steps down
Packaging company Mpac Group told investors that trading in its first quarter was ahead of last year and in line with the board’s expectations on Thursday, as they gathered for the annual general meeting.
Gattaca shares tank as telecoms business continues to disappoint
Specialist engineering and technology recruitment business Gattaca watched its shares fall through the floor on Thursday, after it announced its interim results for the six months ended 31 January, with diluted earnings per share down 25%.
Barclays heads for bust-up with Sherborne's Bramson over trading arm
Barclays is on collision course with activist investor Sherborne, whose boss Edward Bramson wants the bank to wind down its trading arm, according to a report.
Acacia Mining production and revenue fall in first quarter
Acacia Mining issued its first-quarter results on Thursday, reporting that its production tracked full-year guidance during the period, whilst all three operations delivered in line with their respective mine plans.
CEO of hVIVO steps down as profits fall
Clinical development and drug discovery services firm hVIVO announced on Thursday that Kym Denny is stepping down as chief executive, with immediate effect.
Bluefield Solar sticks to dividend targets, buys Dorset assets
UK-based solar asset investor Bluefield Solar announced its second interim dividend for the financial year ending 30 June on Thursday.
Independent Oil & Gas appoints Mark Hughes as COO
Independent Oil & Gas has appointed Mark Hughes as chief operating officer.
Bovis 'misled buyers' over poorly-built homes - report
Bovis Homes Group, one of the UK’s leading housebuilders, has been misleading buyers and delaying repairs in poorly-built homes, a newspaper investigation has found.
Ten Entertainment buys sites in Leeds and Luton, says current trading 'strong'
Tenpin bowling company Ten Entertainment has agreed to buy two further sites in Leeds and Luton from MFA Bowl for £1. 3m in cash, taking its total estate to 44.
Enlarged AVEVA Group trades in line at year-end
Engineering and industrial software AVEVA Group updated the market on its financial year ended 31 March on Thursday, based on unaudited results, with revenue for the enlarged group expected to be in-line with the board's expectations.
Weir snaps up $1.3bn ground-tools outfit as Q1 orders expand
Engineer Weir Group has acquired US-based ground engaging tools specialist ESCO for $1. 28bn and also reported orders increased 22% across all divisions in the first quarter, outperforming its main markets.
Mothercare chairman Alan Parker steps down
Beleaguered mother and child retailer Mothercare announced the departure of chairman Alan Parker on Thursday, hot on the heels of the appointment of a new chief executive earlier this month.
Debenhams profits dwindle as snow and costs add to range of woes
Debenhams profits plunged 85% in the first half of its financial year as like-for-like sales slipped amid the "challenging UK market background" and heavy snow, while finance director jumped ship to join a department store rival.