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Company News
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Belgravium advances on acquisition deal update
Tuesday 14 May 2013
AIM-listed computing solutions provider Belgravium Technologies has exchanged a conditional contract to acquire the entire issued share capital of Feedback Data (FDP), for a cash consideration of arou... Read More
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Robust trading at Cello Group
Tuesday 14 May 2013
Marketing firm Cello said strong trading has continued so far this year, driven by its health division and a recovery at its consumer unit, and expects half year results higher than last year. Read More
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Acquisition pushes Rathbone's assets above 20bn pounds - UPDATE
Tuesday 14 May 2013
Investment management group Rathbone Brothers grew assets under management 8.9 per cent in the first quarter, and they now stand above 20bn pounds for the first time. Read More
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Lonmin suspends operations at Marikana mine - UPDATE
Tuesday 14 May 2013
Shares in Lonmin, the world's third largest platinum producer, took a hit on Tuesday after the group suspended all work at its Marikana mine following a refusal by employees to go underground, despite... Read More
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ICAP reveals drop in annual pre-tax profit and revenue
Tuesday 14 May 2013
ICAP’s annual pre-tax profit fell 20 per cent to 284m pounds compared to the previous year as the broker was hit by the weak global economy, low interest rates and regulatory reforms. Read More
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Afren completes farm-out of stake in OPL licence
Tuesday 14 May 2013
Oil and gas producer Afren has completed a farm-out agreement with Lekoil for a 17.14 per cent participating interest in the OPL 310 licence located offshore Nigeria. Read More
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Hochschild Mining revises 2013 exploration budget down by 29 per cent
Tuesday 14 May 2013
FTSE 250-listed mining company Hochschild Mining has revised its expected 2013 exploration budget down by 29 per cent to 55m dollars following a review of the company’s discretionary elements. Read More
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Cable & Wireless sails into Americas partnership with Columbus
Tuesday 14 May 2013
Cable & Wireless Communications has entered into a strategic partnership for the pan-America region with rival Columbus Networks. Read More
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African Barrick Gold reports 'good progress' with operational review
Tuesday 14 May 2013
African Barrick Gold (ABG) has reported 'good progress' with its operational review, which was initiated in the first quarter to enable the company to deliver robust returns and cash flow over the lon... Read More
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Enterprise Inns half year profit slides
Tuesday 14 May 2013
Leased and tenanted pubs operator Enterprise Inns said unusually cold weather put off potential customers in the first half of the year as it reported a sharp drop in profit. Read More
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IAG to launch bond offer to fund acquisition of Vueling
Tuesday 14 May 2013
International Airlines Group (IAG) said it is launching a senior unsecured convertible bond offer of up to 400m euros to fund its acquisition of Spanish carrier Vueling, enhance liquidity and lower it... Read More
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Construction still a drag for Balfour Beatty
Tuesday 14 May 2013
Balfour Beatty, the FTSE 250 infrastructure group which shocked the market with a profit warning last month, said that its performance has not changed since the last update. Read More
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British Land achieves rise in pre-tax annual profit
Tuesday 14 May 2013
British Land unveiled a 1.9 per cent increase in annual underlying pre-tax profit to 274m pounds, driven by the strong performance of property assets. Read More
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BG Group says Brazil and Oz projects are 'immediate priority'
Tuesday 14 May 2013
FTSE 100-listed natural gas provider BG Group has reported that its immediate priority going forwards is the delivery of its 2013 milestones and growth projects in Australia and Brazil. Read More
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Capita seals sextet of deals in first quarter
Tuesday 14 May 2013
Outsourcing group Capita has secured six new major deals worth a total of 660m pounds since the start of the year. Read More
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Betfair terminates talks with CVC Capital and partners
Tuesday 14 May 2013
Betfair, the FTSE 250 online betting group, has received and rejected two revised proposals from CVC Capital Partners, Richard Koch, Antony Ball and partners valuing each Betfair share at 920p and 950... Read More
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Vodafone pockets 2.1bn pounds from VZW dividend - UPDATE
Tuesday 14 May 2013
Telecoms giant Vodafone has announced that it is to receive over two billion pounds via a dividend from its stake in its US wireless joint venture with Verizon. Read More
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Strong progress at Babcock, hikes dividend
Tuesday 14 May 2013
Engineering support services company Babcock reported a robust set of annual results, lifted its dividend payment and said it is well positioned for strong progress in the year ahead. Read More
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Severn Trent confirms takeover approach from foreign consortium
Tuesday 14 May 2013
Severn Trent has confirmed press speculation that it has received a bid approach from a consortium of investors which is rumoured to value the UK utility company around 5.3bn pounds. Read More
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Tuesday preview: British Land and Babcock International report
Monday 13 May 2013
British Land and Babcock International Group will take centre stage Tuesday when the FTSE 100 companies release their annual results. Read More
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