Company News
Jackpotjoy stays in the red despite revenue gains
Jackpotjoy posted growth across key financials in the three months leading up to June 30, but increased costs and a steep rise in expenses saw it fail to convert the growth into profits.
AISG acquisition sends profit skyward for Menzies
Logistic and support service group John Menzies said that despite a strong showing by its aviation wing, profits had slipped in the first six months of the year due to a difficult run for its newspaper distribution division.
Asiamet confirms Beruang Kanan resource
Asiamet Resources filed a technical report on Tuesday that confirmed its Indonesian resource at the Beruang Kanan main zone contained 49. 2m tonnes of 0. 70% as previously announced.
Mattioli Woods 'rebalances' board
Two directors of pension consultancy and administration firm Mattioli Woods have resigned as a result of an internal review into the company's governance.
Wednesday preview: Will low unemployment begin to lift earnings?
Unemployment and earnings figures will be in focus on Wednesday, as the continued constriction on British households was confirmed by ongoing high inflation the day before, while investors can peruse interim results from Admiral, Balfour Beatty and Lookers.
Lamprell reaches settlement with Schlumberger; wins rig contract
Lamprell on Tuesday said it had reached “an amicable settlement” with Schlumberger unit Cameron International over issues associated with jacking equipment supplied by Cameron in 2016.
H&T profits surge boosted by higher gold prices
H&T Group, the parent company of H&T Pawnbrokers said it received a significant boost to its already successful gold purchasing projects thanks to the higher price of gold over the first six months of the year.
Mears Group expects delays after Grenfell fire
Mears Group cut its full-year revenue forecast from Housing as a result of the Grenfell Tower Fire in June, saying that clients would delay planned work orders as they went about "ensuring their housing portfolios are safe. ".
Rockhopper Exploration updates on Egypt concession
Oil and gas company, Rockhopper Exploration announced its Abu Sennan drilling concession in Egypt had maintained a stable level of production, averaging 3,300 barrel of oil equivalent per day over the first six months of the year.
Deltic attempts to pry Revolution Bars from the hands of Stonegate
Night club operator Revolution Bars has rejected a proposed merger with competitor Deltic Group.
Cap-XX stock runs ahead after announcing of record order
CAP-XX announced Tuesday it had received its largest ever order for its Thinline supercapacitors from a US based internet-of-things (IoT) company working on a wearable device for the fitness and health market.
Used car sales drive profit growth at Marshall Motor
Strong like-for-like sales fed straight down to the bottom line at Marshall Motor Holdings during the first half of the year.
RBS to cut 880 IT jobs in London, union says
Royal Bank of Scotland has set out plans to cut 40% of permanent IT staff and 65% of contractor roles in London by 2020, totalling 880 job cuts, according to union reports.
Sainsbury's puts NISA talks on hold
Talks between Sainsbury’s and grocery wholesale group NISA have stalled over fears of intervention by UK competition authorities, media reported on Tuesday.
Hargreaves Lansdown says has capital resources 'for forseeable future'
Financial services firm Hargreaves Lansdown said full year net new business inflows rose 15% to £6. 9bn adding that it had “sufficiently strong financial, liquidity and capital positions” and operate a progressive ordinary dividend policy.
Georgia Healthcare sees first half revenues more than double
Georgia Healthcare saw profits rocket over the first half of the year, boosted by its acquisition of pharmacy chains Pharmadepot and GPC.
Wood Group confident of Amec takeover after CMA review
John Wood Group's takeover of Amec Foster Wheeler took a step further after the competition regulator provisionally accepted the pair's proposed remedies.
Shire submits European marketing application for dry-eye drug
Shire's application for Europe-wide marketing of its lifitegrast dry-eye disease drug has been approved by the UK.
Riverstone Energy to use Rock cash for buyback
Riverstone Energy Limited (RSE) has received the balance of $14m from the sale of its interests in Rock Oil last October, which had been held in escrow.