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Company News

• Shareholders requisition ZincOx general meeting

  Thursday 18 Mar 2010

  Two shareholders have requisitioned a general meeting to remove the five executive directors and one non-executive director of ZincOx Resources. Read More

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  Friday preview: Headlam, T Clarke

  Thursday 18 Mar 2010

  Floorings specialist Headlam's has already flagged that 2009 revenue reduced by 3.8% compared with the previous year, but a £12m currency benefit and full year contribution from Dutch busine... Read More

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  Consort ends talks with AMS

  Thursday 18 Mar 2010

  Consort Medical says that it has ended discussions with the board of Advanced Medical Solutions after the wound care company would not grant it access for due diligence. Read More

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  Pru boss Thiam declines SocGen post

  Thursday 18 Mar 2010

  Prudential chief executive Tidjane Thiam has now declined a non-executive directorship at French bank Société Générale after fierce criticism from the UK insurer's institutional shareholders. Read More

• Trading picks up at Beale

  Thursday 18 Mar 2010

  Department stores group Beale, where Panther Securities and its chairman Andrew Perloff recently took a 29.72% stake, says that trading has picked up since the end of the snow. Read More

• Gulfsands receives bid approach

  Thursday 18 Mar 2010

  Gulfsands Petroleum says that it has received a preliminary approach from a potential bidder. Read More

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  Deutsche Bahn revealed as Arriva suitor

  Thursday 18 Mar 2010

  German transport operator Deutsche Bahn has confirmed it is the company that made an unsolicited bid approach for UK bus and train operator Arriva. Read More

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  Rose takes pay cut and will leave M&S early

  Thursday 18 Mar 2010

  Marks & Spencer boss Sir Stuart Rose has bowed to shareholder pressure and will take a 23% pay cut when he steps down from his executive duties in July. Read More

• Capital & Reg still deep in red

  Thursday 18 Mar 2010

  Property fund manager Capital & Regional’s full year pre-tax loss dropped to £113m compared a loss of £516m in 2008 and it is still cautious over the direction of rental values. Read More

• Sales growth accelerates at Prostrakan

  Thursday 18 Mar 2010

  Speciality pharmaceuticals company Prostrakan saw losses narrow in 2009 as top line growth accelerated. Read More

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  China and Australia exchange warnings over Rio trial

  Thursday 18 Mar 2010

  China has warned Rio Tinto against politicising the trial of four Rio Tinto executives, which is due to start on Monday. Read More

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  Stilo swings to loss

  Thursday 18 Mar 2010

  Shares in Stilo dropped after the software firm swung to a loss in what it called a 'challenging' year. Read More

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  Former Anglo Irish boss arrested, reports

  Thursday 18 Mar 2010

  Sean FitzPatrick, the former chairman and chief executive of Anglo Irish Bank, has reportedly been arrested as part of a fraud probe. Read More

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  Tullett Prebon gets the verdict in poaching case

  Thursday 18 Mar 2010

  A judge has ruled that BGC Partners was part of an unlawful conspiracy to poach senior staff at inter-dealer broker Tullett Prebon last year. Read More

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  Small caps round-up: Timestrip, Mount, Kea...

  Thursday 18 Mar 2010

  Shares in Timestrip slumped after the company which makes labels that show how long food containers have been open said it is considering a sale of the business. Read More

• Investec profit seen 'marginally higher'

  Thursday 18 Mar 2010

  Investec expects full-year operating profit to be “marginally higher” than last time as the UK, Europe and Australia offset weakness at the South African business. Read More

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  Wood Group wins BP Shetland contract

  Thursday 18 Mar 2010

  Oil giant BP has reappointed oil services group Wood Group to provide engineering, modification and maintenance to its Sullom Voe Terminal in Shetland. Read More

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  BHP urges caution over stimulus withdrawal

  Thursday 18 Mar 2010

  BHP Billiton remains “cautious” about the state of the global economy and has warned governments to be careful how they go about winding down stimulus packages. Read More

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  Galliford Try wins £28m Thames Water contract

  Thursday 18 Mar 2010

  Housebuilding and construction group Galliford Try has been awarded a Thames Water contract worth in excess of £28m to upgrade Long Reach sewage works in Dartford. Read More

• Cosalt sees some signs of improvement

  Thursday 18 Mar 2010

  Safety equipment and protective clothing provider Cosalt reported a dip in interim revenue amid challenging conditions but said it has seen some evidence of improvement in the market. Read More