COMPANY NEWS
07 Nov
Investec highlights strong cash flows, M&A optionality at Imperial Brands

Analysts at Investec sounded a positive note on shares of Imperial Brands despite the company's slight earnings miss for the full year, pointing to its "strong" cash-flows and M&A optionality, which led them to the conclusion that the discount they were trading on relative to the sector was too "harsh".

Read full story
07 Nov
Director dealings: Partner of BT chairman collects 200,000 shares in telecoms giant
bt, openreach, cable, broadband, internet

Magdalena du Plessis, the wife of BT chairman Jan du Plessis, picked up 200,000 ordinary shares in the telecommunications giant on Tuesday at a cost of £2. 52 each.

Read full story
07 Nov
Fevertree Drinks sees full year 'materially ahead' of current market views
Fever-Tree, Fevertree, drinks, tonic

Fevertree Drinks said on Tuesday that results for the year to the end of December are set to be “materialy ahead” of current market expectations following a strong performance in the year to date.

Read full story
07 Nov
IAG traffic remains on upward trajectory
ep avion a330-200iberia

International Consolidated Airlines Group, better known as IAG and as the owner of British Airways and Iberia, continued to grow capacity and passenger traffic in October.

Read full story
07 Nov
SSE and Innogy in 'well-advanced' merger discussions
innogy-eoliennes-nordsee-one

British energy supplier SSE is in talks with the parent company of rival Npower, German firm innogy, about potentially forming the UK's largest power company.

Read full story
07 Nov
First Derivatives ticks all the boxes
computer chip technology computers

UK-based software and consultancy services firm First Derivatives saw its revenue grow by 21% in the first half of its trading year, led by strong growth in its software wing and heightened demand for its managed services and consulting solutions.

Read full story
07 Nov
High street retailer New Look brings back former executive to right ship
new look shop retail

Alistair McGeorge, executive chairman of low-cost fashion retailer New Look, said on Monday that the high street brand's previous management should be held accountable for its weakened sales performance and dragging the company to a heavy loss as a result of it making the group "too young and edgy. ".

Read full story
07 Nov
Lionsgold fintech unit receives FCA e-money approval
internet computers

Gold-focussed exploration company and gold-holding fintech developer Lionsgold announced on Tuesday that its majority-owned fintech subsidiary TRAC Technology has received approval as an EMD Agent from the Financial Conduct Authority.

Read full story
07 Nov
Altus Strategies granted Zolowo exploration licence in Liberia
gold bars precious

Africa-focussed exploration project generator Altus Strategies announced on Tuesday that it has been granted the Zolowo exploration licence in the Lofa County of north western Liberia, targeting Archaean greenstone-hosted gold deposits.

Read full story
07 Nov
Paragon Entertainment issues profit warning amid slow progress
Money coins pound

Attractions design, production and fit-out company Paragon Entertainment announced on Tuesday that it expects to complete the 2017 financial year with sales “broadly in line” with the board's expectations, at £15. 0m.

Read full story
07 Nov
NetScientific's Vortex BioSciences makes first commercial sale of VTX-1
Astrazeneca

Healthcare intellectual property commercialisation group NetScientific noted on Tuesday that its portfolio company, Vortex BioSciences, has announced its first direct commercial sale of its VTX-1 Liquid Biopsy System - a fully automated benchtop system for collecting intact circulating tumour cells (CTCs).

Read full story
07 Nov
Wednesday preview: Will Marks & Sparks fly? Otherwise look to Tullow, Persimmon
marks spencer rowe

Marks & Spencer interims are the big talking point ahead of Wednesday's release, while others reporting include Persimmon, Esure, JD Wetherspoon, OneSavings Bank, Sophos and Tullow Oil.

Read full story
07 Nov
Sylvania acquisition of Phoenix Platinum goes unconditional
platinum

Low-cost platinum group metal processor and developer Sylvania Platinum confirmed on Tuesday that the acquisition by Sylvania from Pan African Resources of 100% of the shares in and claims against Phoenix Platinum Mining was now unconditional.

Read full story
07 Nov
Strat Aero unit wins partnership with Integrated Water Services
strat aero drone

Unmanned aerial vehicle-focussed aerospace company Strat Aero announced on Tuesday that its 100% owned subsidiary Geocurve has been selected as a specialist surveying partner by Integrated Water Services - a services provider to the UK water sector.

Read full story
07 Nov
Victoria evaluating opportunities including acquisition of Keraben Grupo
meeting, takeover, talks, bid, merger, acquisition, board

AIM-listed flooring designer and manufacturer Victoria said on Tuesday that it is evaluating a number of opportunities, including the potential acquisition of European ceramic tile manufacturing business Keraben Grupo.

Read full story
07 Nov
Adept4 extends Office 365-based IT solution offerings
internet computers

Information technology-as-a-service provider Adept4 announced a recent extension to its 'asset light' IT solution offerings on Tuesday, which it said leverage its expertise and customer base in Microsoft Skype for Business and telephony.

Read full story
07 Nov
Tertiary Minerals wins high-profile US industry award
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent

Fluorspar company Tertiary Minerals announced on Tuesday that its 100% owned subsidiary, Tertiary Minerals US, has been chosen to receive the Bureau of Land Management's 2017 Hardrock Small Operator Award for its “outstanding and innovative” reclamation and sustainable mineral development work on its MB Fluorspar Project in Nevada.

Read full story
07 Nov
Hiscox gross written premiums rise, hurricane claim estimates revised down
cbhurricane2

Insurer Hiscox reported a rise in gross written premiums for the first nine months of the year, as it revised down its estimates for claims related to recent hurricanes.

Read full story
07 Nov
G4S trading in line but FY organic revenue guidance scaled back
G4S

Security services firm G4S, which won its spot on the FTSE 100 back in the summer, said on Tuesday that trading in the nine months to the end of September was in line with expectations, but its guidance for full-year organic revenue growth was scaled back.

Read full story
07 Nov
Disney reportedly in talks to buy Fox's 39% stake in Sky
sky tv bskyb television

Walt Disney is reported to have held negotiations with 21st Century Fox over the sale of a large part of its operations, including its share of Sky.

Read full story