Company News
BowLeven appoints new director
AIM-listed oil and gas group, BowLeven announced on Friday that Matt McDonald would be appointed to the firm's board as non-executive director with immediate effect.
Pan African Resources expects lower first half EPS
Pan African Resources announced its earnings per share would be lower at the half-year stage, in part as a result of the recent strengthening in the South African currency.
Calpine agrees to be acquired for $5.6bn in cash
Shares of Calpine Corporation surged after news broke that the American power generation company had agreed to be acquired by a consortium led by Energy Capital Partners.
AppScatter eyes IPO in early September
AppScatter Group, a mobile app distribution and management platform, is drumming up institutional investor support for a flotation on London's AIM market in early September.
SRT Marine receives order for largest single deployment of its technology
SRT Marine Systems, a provider of maritime tracking, management and surveillance products and technologies, announced on Friday it had received an order for 200 AIS Aids to Navigation (AtoN) transceivers for immediate delivery.
Spending at pubs and restaurants holds up despite consumer squeeze
Spending in at pubs and restaurants in July held firm at fairly subdued levels in July, according to new research published on Friday that indicates consumers are prioritising certain types of spending.
Finance director of Safestay and Safeland, Mark Beveridge resigns
Mark Beveridge, finance director of hostel operator Safestay, as well as property investment group Safeland, has resigned from both firms.
System1 warns on profits after 'slower than expected' start
Behavioural marketing services firm System 1 Group issued a profit warning after a slower than anticipated beginning to its financial year had continued through the summer.
Iconic New York venue extends agreement with Forbidden Technologies
Video editing specialist, Forbidden Technologies announced on Friday that it had extended an existing agreement with an "iconic sports, music and entertainment venue in New York.
Red Leopard suspended from trading ahead of reverse takeover
Red Leopard reported on Friday that it had entered into an assignment agreement with Capital Resources and Sloane Energy as part of a reverse takeover.
St Modwen inks 10-year lease with Hellman at Staffordshire site
St Modwen Properties said on Friday it had secured its first letting of the 1m square feet of industrial and distribution space at Burton Gateway commercial business park in Burton-on-Trent.
GCP to subscribe for £140m in loan notes after Macquarie green bank buy
GCP on Friday said it would be subscribing for £140m in loan notes as part of Macquarie Group's completed takeover of the Green Investment Bank from the UK government.
Airlines fly lower after Barcelona attack
Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region.
Macquarie completes takeover of UK's Green Investment Bank
Australian financial group Macquarie on Friday said it had completed the controversial £2. 3bn takeover of the Green Investment Bank (GIB) from the UK government.
Shanta Gold delivers termination notice to Helio Resource
Shanta Gold, has delivered notice to Helio Resource Corp of its termination of the arrangement agreement dated as of 19 June 2017.
PCG raises £1m in funding through new Riverfort agreement
PCG Entertainment announced it had successfully raised £1m in funding from a group of investors led by D-Beta One EQ and arranged by RiverFort Global Capital.
Europe open: Stocks off lows after Barcelona attacks
Stocks have started the session lower, tracking a big drop in US stocks overnight even as traders digest a terrorist attack on Barcelona and an another against a town to its south which was foiled by police.
Astrazeneca wins wider US approval for Lynparza ovarian cancer drug
AstraZeneca and Merck have been given approval by the US drug administrator to sell their olaparib ovarian cancer drug, branded Lynparza, in a new tablet form and to a wider range of cancer sufferers.
TRIG powers to strong half-year profits
The Renewables Infrastructure Group (TRIG) said interim pre-tax profits powered to £31. 3m from £19. 2m despite lower wholesale energy price forecasts.
CMA approves Heineken's Punch purchase if 33 pubs are sold
The UK competition regulator has approved the sale of a swathe of Punch Taverns' pubs to Heineken as long as the Dutch brewer sells .