Market news

Sterling Energy venture gets permitting extension in Somaliland

Sterling Energy said the government of Somaliland had granted a continued extension to the current period of the Odewayne production sharing agreement.

The expiry dates...

Fri, 13/09/2019 - 07:18

Serinus Energy pays off rest of EBRD loan

Serinus Energy said it had made the final payment of US$2.7m plus accrued interest on a secured loan facility provided by EBRD.

The loan had...

Fri, 13/09/2019 - 07:14

SSE to sell energy services business to OVO for £500m including debt

Power utility SSE said it had agreed to sell its energy services business to OVO for enterprise £500m, including debt.

The sum paid would comprise...

Fri, 13/09/2019 - 07:12

Focusrite expects earnings, revenue to top expectations

Music and audio company Focusrite said it expected revenue and earnings to top market expectations following another 'successful' year in which revenue and profits grew...

Thu, 12/09/2019 - 09:38

Morrison climbs after lining up special divi amid jump in profit

Wm Morrison Supermarkets surged after it boosted its interim dividend and said it would pay a special dividend following a surge in profit in the...

Thu, 12/09/2019 - 09:34

Haynes Publishing profit rises led by growth in digital products and technical solutions business

Haynes Publishing said annual profit rose by nearly a quarter, led by growth in its digital products and technical data solutions business.

For the 12...

Thu, 12/09/2019 - 09:08

HML acquires Thornes Chartered Surveyors for up £470,000

Property management company HML said it had acquired Thornes Chartered Surveyors, a property management for up £470,000 on 11 Sep.

HML purchased the business and...

Thu, 12/09/2019 - 08:43

British American Tobacco to layoff around 2,300 workers to simplify business, boost growth of new products

British American Tobacco laid out plans to layoff around 2,300 workers, cutting over a fifth of senior roles in the company amid efforts to simply...

Thu, 12/09/2019 - 07:48

Babcock wins UK Ministry of Defence contract

Aerospace and Defence company Babcock said it had been selected by the UK Ministry of Defence as the preferred bidder to deliver its newest fleet...

Thu, 12/09/2019 - 07:39

Armadale Capital welcomes positive test results at Tanzania graphite project

Armadale Capital said assay results from a final drilling campaign at the Mahenge Liandu graphite project in Tanzania had confirmed high-grade near-surface mineralisation.

Highlights included...

Wed, 11/09/2019 - 14:56