Company News

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  • Update: UK slowdown hurts Michael Page

    Tuesday 07 Oct 2008

    The reluctance of British firms to hire in the face of an ever-worsening economic crisis sent third quarter UK gross profit down 8.3% at recruiter Michael Page.

  • Results Round Up

    Tuesday 07 Oct 2008

    The reluctance of British firms to hire in the face of an ever-worsening economic crisis sent third quarter UK gross profit down 8.3% at recruiter Michael Page.

  • Update: Northern Foods sees profits in line despite conditions

    Tuesday 07 Oct 2008

    Northern Foods, which makes Fox's biscuits and Goodfella's pizzas, said it was on course to post profits in line with expectations despite challenging operating conditions.

  • UK banks slump on part-nationalisation fears

    Tuesday 07 Oct 2008

    Share prices of Britain's leading banks plummeted today after their chief executives met chancellor Alistair Darling yesterday to discuss a possible bank sector bail-out.

  • Psion to make provision for Japanese dispute

    Tuesday 07 Oct 2008

    Mobile phone software specialist Psion said it will make a full provision in its 2008 accounts for claims made against it from trading partners of its Japanese arm Psion Teklogix KK (Psion Japan).

  • Island swings to profit after Dutch disposals

    Tuesday 07 Oct 2008

    The disposal of its Dutch assets lifted Irish oil and gas group Island Oil and Gas into profit.

  • Assura wants £80m to fund GP business

    Tuesday 07 Oct 2008

    Assura is raising up to £80m to finance its transformation from a medical property investor and developer to a GP focused healthcare group.

  • Short-haul traffic rises at Aer Lingus

    Tuesday 07 Oct 2008

    Nearly 1m people took flights with Aer Lingus in September as travellers continued taking advantage of cheap flights to European destinations.

  • Oxford Bio jumps on TroVax trial change approval

    Tuesday 07 Oct 2008

    Shares in Oxford Biomedica surged ahead after positive talks with the US Food and Drug Administration (FDA) on further trials for its renal cancer drug TroVax.

  • Weak US, Asia trading hits Kewill

    Tuesday 07 Oct 2008

    Weak trading in the US and Asia mean that Kewill’s pre-tax profits in the second half will be lower than those of the first six months of the year, the logistics software company warned.

  • Outages cut British Energy output

    Tuesday 07 Oct 2008

    British Energy's total output from its nuclear power stations in the six months to September fell as it suffered from outages at Hartlepool and Heysham 2.

  • Chemring targets $40m NITEK buy

    Tuesday 07 Oct 2008

    Military decoy specialist Chemring has conditionally agreed to buy Non-Intrusive Inspection Technology Inc (NITEK) for as much as $40m (£22.5m).

  • Galleon sees full year as expected

    Tuesday 07 Oct 2008

    Entertainment media group Galleon said it made good progress during the year, with full year results expected to be at least in line with market expectations.

  • Carillion secures £100m education contracts

    Tuesday 07 Oct 2008

    Construction firm Carillion secured two further contacts in the education sector worth around £100m.

  • Defensive Mouchel shrugs off turmoil

    Tuesday 07 Oct 2008

    Road and infrastructure support group Mouchel has reported a 20% hike in profit before tax and one-off items and full year underlying revenue growth at the top end of its 10-15% target.

  • Meggitt enters multi-million dollar deal with Hawker

    Tuesday 07 Oct 2008

    Aerospace and defence firm Meggitt said it has entered into a "multi-million dollar" long-term partnering agreement with Hawker Beechcraft.

  • Amlin acquires Anglo French Underwriters

    Tuesday 07 Oct 2008

    Lloyds insurer Amlin is to acquire the French underwriting agency Anglo French Underwriters as a platform for future European expansion.

  • Confident N Brown lifts profits by fifth

    Tuesday 07 Oct 2008

    Mail order group N Brown shrugged off talk of economic downturns to lift first half profits by 20% with sales growth also strong into the second half.

  • US clears Enodis takeover

    Tuesday 07 Oct 2008

    Enodis and The Manitowoc Company Inc have obtained US antitrust clearance in connection with Manitowoc's purchase of the UK catering equipment maker.

  • Victrex sees profits in line

    Tuesday 07 Oct 2008

    Plastics firm Victrex said overall it expects profits for the year to be in line with market expectations.

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