Company News

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  • Yell renegotiates bank covenants

    Tuesday 07 Oct 2008

    Yellow Pages publisher Yell has agreed an amendment to its bank covenants with major banks that gives it more flexibility in tough conditions.

  • Dmatek confirms bid discussions

    Tuesday 07 Oct 2008

    Electronic tagging group Dmatek has confirmed it is in discussions over a potential offer for the company by LMS Capital.

  • Northern Foods expects in line profits

    Tuesday 07 Oct 2008

    Ready meals group Northern Foods said although profits are weighted more towards the second half, at the half way stage, it remains on schedule to deliver pre-tax profits in line with expectations.

  • Michael Page ready to axe staff

    Tuesday 07 Oct 2008

    Michael Page saw third quarter profit rise 14.6% to £141.4m, but the recruitment firm warned it will axe more staff during the final quarter of the year if market conditions continue to deteriorate.

  • JJB at low as credit insurer pulls cover

    Tuesday 07 Oct 2008

    JJB Sports shares tumbled a further 25% yesterday to a record low after one of its credit insurers withdrew cover to its suppliers, while another is discussions with the retail group.

  • Tuesday preview: Michael Page, Northern Foods, UK Manufacturing

    Monday 06 Oct 2008

    A trading statement from recruitment firm Michael Page may well indicate whether the company was wise to reject a bid from Swiss Human Resources giant Adecco last month.

  • Rolls-Royce wins £96m aircraft carrier contract

    Monday 06 Oct 2008

    Engine maker Rolls-Royce has won a £96m contract to power two Royal Navy aircraft carriers.

  • Volatile conditions boost LSE trades

    Monday 06 Oct 2008

    The volatile market conditions in September resulted in a 24% increase in the equity order books of the London Stock Exchange.

  • SFO fines Balfour Beatty £2.25m

    Monday 06 Oct 2008

    Balfour Beatty has agreed to pay £2.25m plus costs after the Serious Fraud Office (SFO) investigated payment irregularities at one of the construction firm’s subsidiaries.

  • Nasstar bags 3-year CGMS deal

    Monday 06 Oct 2008

    Nasstar, whose software allows users to access desktop applications over the internet, has signed a three-year deal with London planning consultant CGMS.

  • Ferrexpo majority shareholder sells 20.8%

    Monday 06 Oct 2008

    Ferrexpo said majority shareholder Fevamotinico has sold a 20.8% stake in the Ukraine-based miner to Czech coal producer New World Resources at 83p per share.

  • Small caps round-up: Blinkx, Gulfsands, Emerald Energy

    Monday 06 Oct 2008

    Video search engine company blinkx has withdrawn its proposal to buy online advertising business MIVA Inc for $39m.

  • Anglesey Mining bullish despite price dips

    Monday 06 Oct 2008

    The outlook for metals remains firm despite recent weakness in some areas, Anglesey Mining said as the Welsh company reported ‘significant developments’ since its last annual meeting.

  • Epistem FY loss widens

    Monday 06 Oct 2008

    Manchester based biotechnology firm EpiStem said full-year pre-tax loss widened but trading in the first three months of the new financial year has

  • Unite says property values outperforming market

    Monday 06 Oct 2008

    Student accommodation providers Unite said valuation of its properties continue to outperform the wider market as it raised £58m of equity in the third closing for its Unite Student Accommodation Fund.

  • Well results cheer Leed Petroleum

    Monday 06 Oct 2008

    Shares in Leed Petroleum surged after the oil and gas company said it should soon start selling gas from its Eugene Island field in the Gulf of Mexico.

  • C. Difficile fight helps Tristel

    Monday 06 Oct 2008

    Continuing efforts by hospitals to fight infections such as C. Difficile helped disinfectant supplier Tristel report sharp rises in profits and revenues.

  • Philippines drill 'very encouraging' for Bezant

    Monday 06 Oct 2008

    Shares in aim listed gold and copper miner Bezant rose after it said drill results at its Mankayan project in the Philippines were "extremely encouraging".

  • Update: SPG Media recommends Progressive offer

    Monday 06 Oct 2008

    Private firm Progressive Capital has made a recommended cash offer for the remaining shares it does not own in business media outfit SPG Media.

  • Aegis buys Clownfish for undisclosed sum

    Monday 06 Oct 2008

    Media buying group Aegis has bought UK based brand consultant Clownfish as it beefs up its digital agency network. The terms of the deal were not revealed.

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