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Recent News

Wednesday 03 August, 2016

03-Aug-2016 07:44 AM

Millennium & Copthorne's H1 pretax profit slips

Millennium & Copthorne's H1 pretax profit has eased to £56m, from £62m, with interim dividend steady at 2.08p a share. RevPAR in reported currency was £67.91, from £68.28. RevPAR in constant currency was £67.91, from &p
03-Aug-2016 07:43 AM

Kudelski licensing agreement with RPX

The Kudelski Group, a leading independent provider of media protection and value-added service technology, and RPX Corporation, the leading provider of patent risk solutions, have entered into a broad-based patent licensing agreement. Under the terms of
03-Aug-2016 07:41 AM

Frutarom acquires Redbrook

Frutarom Industries has signed, through a subsidiary, an agreement for the purchase of 100% of the shares in the Irish company Redbrook Ingredient Services Limited for approximately US$44.8 million. The purchase agreement includes a mechanism for additi
03-Aug-2016 07:39 AM

CityFibre signs launch partner for Sheffield

CityFibre, a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, has signed a launch partner agreement for its acquired networks in the Sheffield metro area. The six-year, £3.3m deal commits CityFib
03-Aug-2016 07:39 AM

Soco Int'l swings to H1 pretax loss

Soco International has swung to an H1 pretax loss of $2.5m, from a year-earlier profit of $32.7m, as revenue fell to $72.7m, from $116.6m. CEO Ed Story commented: "Soco has remained operationally and financially robust throughout the first half of
03-Aug-2016 07:38 AM

Ferrexpo earnings fall

Iron ore pellet supplier Ferrexpo posts operating profits of $133m for the six months to the end of June - 6% down on a year ago. Pellet production from own ore rose by 4% to 5,700kt and sales volumes increased by 6% to 6,017kt but revenues fell by 11% t
03-Aug-2016 07:37 AM

WANdisco narrows H1 pretax loss

WANdisco has narrowed its H1 pretax loss to $5.4m, from a year-earlier loss of $17.7m, including a $4.4m currency gain. Revenue came in at $5.6m, from $5.7m. CEO David Richards commented: "Our product has evolved to enable data in the cloud, and w
03-Aug-2016 07:34 AM

LMS Capital NAV falls

LMS Capital's net asset value per share stood at 88p at the end of June - down from 92p at the end of December. The net asset value at the end of JUne was £91.2 million (31 December 2015: £95.1 million). Proceeds of realisations in the
03-Aug-2016 07:31 AM

Avacta granted key Affimer patents in Europe and US

Avacta Group says the principal patent covering the Affimer technology has been granted in Europe. And it says a new patent is to be granted in the United States which extends the company's intellectual property portfolio there. The main patent rel
03-Aug-2016 07:29 AM

WGB steady

Walker Greenbank said trading remains in line with directors' expectations for the full year. On 15 June 2016 the Company stated in its AGM Statement that sales continued to be impacted by the flood in December last year at Standfast & Barracks, the
03-Aug-2016 07:29 AM

Forbidden's Forscene partners with Fanview

Forbidden Technologies has signed a partnership with Fanview Consultancy LLP, the sports content and experience specialists, to expand Forscene's network in the digital content arena. Fanview helps rights owners and content creators produce and dis
03-Aug-2016 07:27 AM

GMD on track

GAME Digital expects its adjusted EBITDA for the 53 weeks ended 30 July to be within the range of current market forecasts. It says market trends experienced in the first half of the year have continued into the second half, with a challenging UK trading
03-Aug-2016 07:27 AM

Venn wins €2.8m contract

Venn Life Sciences has signed a new contract worth €2.8m with a European Biotechnology client. The clinical trial is a Phase II study in the area of Immunotherapeutic treatments for Multiple Sclerosis and involves patients in six countries across E
03-Aug-2016 07:25 AM

easyHotel gets Ipswich planning permission

easyHotel, the owner, developer, operator and franchisor of 'super budget' branded hotels, has been granted planning permission for a 94-room easyHotel at 3-5 Northgate Street in Ipswich. easyHotel's purchase of the freehold of the buildi
03-Aug-2016 07:25 AM

Moneysupermarket lifts H1 statutory pretax profit

Moneysupermarket has lifted its H1 statutory pretax profit 25% to £37.9m, from £30.2m, with group revenue rising 10% to £157.6m, from £143.9m. Interim dividend was 2.75p a share, from 2.55p. "The Group delivered single digit growth in July with in
03-Aug-2016 07:24 AM

InterQuest takes over Rees Draper Wright

InterQuest Group, the specialist recruiter in the technology, analytics and digital market, has acquired a majority interest in Rees Draper Wright, with the right to acquire the remaining shares in RDW. RDW is a boutique executive search firm for blue ch
03-Aug-2016 07:22 AM

Next sharpens FY view

Next has narrowed the band in which it sees its FY group pretax profit to £775m-£845m, from £748m-£852m. It also warned of a potentially challenging Q3. Its update came as it reported a 0.3% slide, year-to-date, in Next Brand total sales, comprising a 4.
03-Aug-2016 07:20 AM

HSBC pretax profits fall

HSBC has unveiled a $2.5bn share buy-back plan after posting a 28.7% fall in first half pre-tax profits. The bank's reported pre-tax profits fell to $9,714m in the six months to the end of June - down from $13,628m last time. Adjusted pre-tax profi
03-Aug-2016 07:00 AM

Economic Events - Month Ahead Events

UK04/08/2016 12:00 MPC Official Bank Rate Votes | Forecast: 0-9-0 | Previous: 0-1-804/08/2016 12:00 BOE Inflation Report04/08/2016 12:00 MPC Asset Purchase Facility Votes | Forecast: 0-0-9 | Previous: 0-0-904/08/2016 12
03-Aug-2016 07:00 AM

Economic Events - Tomorrow's Events

UK04/08/2016 12:00 MPC Official Bank Rate Votes | Forecast: 0-9-0 | Previous: 0-1-804/08/2016 12:00 BOE Inflation Report04/08/2016 12:00 Monetary Policy Summary04/08/2016 12:00 Official Bank Rate | Forecast: 0.25% | Pre
03-Aug-2016 07:00 AM

Economic Events - Today's Events

UK03/08/2016 00:01 BRC Shop Price Index y/y03/08/2016 09:30 Services PMI | Forecast: 47.4 | Previous: 47.4US03/08/2016 13:15 ADP Non-Farm Employment Change | Forecast: 171K | Previous: 172K03/08/20
03-Aug-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK04/08/2016 12:00 MPC Official Bank Rate Votes | Forecast: 0-9-0 | Previous: 0-1-804/08/2016 12:00 BOE Inflation Report04/08/2016 12:00 MPC Asset Purchase Facility Votes | Forecast: 0-0-9 | Previous: 0-0-904/08/2016 12

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