Company News
Equifax admits 15.2m UK customers affected by cyber hack
Credit checking agency Equifax said that 15. 2m people in the UK had their records stolen in a major cyber attack it originally reported last month at half that size, which has drawn the ire of parliament's influential Treasury Committee.
Dalradian Resources raises funds for Curraghinalt at a premium
Dalradian Resources raised funds from two investors at a premium on Tuesday to finance the expansion of its Curraghinalt project in Northern Ireland.
Wednesday preview: Fed minutes; results from Hargreaves, Dunelm, PageGroup
Wednesday will see the US Federal Reserve publish the minutes of its last policy meeting, while London's corporate results include updates from Dunelm, Hargreaves Lansdown and PageGroup.
CMA to assess Murdochs' potential influence on Sky takeover bid
The Competition and Markets Authority has announced it will assess Rupert Murdoch's ability to control or influence editorial decisions at Sky News as one of the key points of its investigation into 21st Century Fox's £11. 7bn Sky takeover bid.
Shield Therapeutics enrols patients in US Feraccru study
Speciality secondary care-focussed pharmaceutical company Shield Therapeutics announced the completion of enrollment of the pivotal Phase 3 AEGIS-CKD study of its European-marketed product, Feraccru, on Tuesday.
Outlook bright for eServGlobal, board claims
Digital transactions technology company eServGlobal updated the market on its joint venture with Mastercard and BICS, HomeSend, on Tuesday, and issued an update on its current trading within its core digital financial transactions business.
FreeAgent well on track for full-year targets
Cloud-based accounting software-as-a-service provider FreeAgent Holdings updated the market on its trading for the six months to 30 September on Tuesday, in advance of its half-year results announcement scheduled for 5 December.
Draper Esprit ploughs £17m into three new tech ventures
Venture capital firm Draper Esprit announced on Tuesday that funds it managed have recently committed £17m into three new Europe-based digital technology businesses - Ieso Digital Health; insurtech company Premfina; and live entertainment word-of-mouth sales software Verve.
Vanquis Bank fined £75,000 for spam messages
Vanquis Bank, a subsidiary of Provident Financial, has been fined £75,000 by the Information Commissioner’s Office for sending illegal marketing texts and emails.
Michael Kors/Jimmy Choo deals get EU approval
Michael Kors’ acquisition of Jimmy Choo has been given unconditional clearance by the European Commission following a Phase 1 review.
Edenville Energy enters coal offtake agreement with Riftcot
Tanzania-focussed coal project developer Edenville Energy announced on Tuesday that it has entered into a coal offtake agreement with Riftcot.
MySQUAR enters partnership with Sealand Capital Galaxy
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Tuesday that it has signed a memorandum of understanding (MoU) with London-listed Sealand Capital Galaxy, to enter into a partnership for the mobile games of MySQUAR to be distributed under Sealand's licence agreement on the Huawei inTouch platform and for Sealand's mobile games to be distributed in Myanmar through the MySQUAR platform.
Nisa board recommends Co-op takeover offer
Nisa’s board has unanimously recommended a £143m takeover offer from the Co-operative Group.
Hello Fresh plans €300m IPO
German meal-kit startup Hello Fresh announced on Tuesday that it planned to sell up to €300m worth of stock as part of its second attempt at an initial public offering (IPO) aimed at financing its expansion into North America, despite its rival Blue Apron being heralded as "the IPO bust of the decade" following its flotation back in June.
Marston's sales and profit margins lose fizz in final weeks
Brewer and pub operator Marston's saw sales growth slow and margins squeezed in the final 10 weeks of the year along with the rest of the industry but said it had identified £5m of cost savings to help boost profit margins.
Bluejay increases land package over 200% at Greenland asset
AIM-listed firm Bluejay Mining announced on Tuesday that it had increased its land package at the Disko-Nuussuaq Magmatic Massive Sulphide (MMS) Nickel-Copper-Platinum project in south-west Greenland by more than 200% after the government of the Scandinavian nation granted it additional exploration licences.
Tricorn Group expecting solid half-year growth
Tube manipulation specialist Tricorn Group updated the market on the six months to 30 September on Tuesday, reporting that first half revenue was expected to be around 25% higher than in the six months to 30 September 2016, with both of the group's divisions reportedly benefitting from improved markets and the impact of new business wins.
Avacta presenting new Affirmer applications at San Diego convention
Developer of ‘Affirmer’ biotherapeutics and reagents, Avacta Group, announced on Tuesday that its chief technology officer, Dr Matt Johnson, would be presenting at the Annual Biomarkers & Precision Medicine Congress in San Diego, being held 9-11 October.
Carlyle Group turns NYC streetwear brand Supreme into $1bn entity overnight
New York City-based skateboarding shop and clothing brand Supreme reportedly sold a 50% stake in the business to DC-based investment firm the Carlyle Group for an impressive $500m sum, making the company a $1. 1bn entity overnight.
EasyHotel says FY 'a little ahead' of expectations
EasyHotel said on Tuesday that trading for the full year was “a little ahead” of the board’s expectations as the good progress seen in the first half continued through to the second.