FTSE 100 resources outfit BHP Billiton has reached an agreement to settle a BRL20 billion civil claim and delays payments related to a separate BRL 155 billion case related to the dam failure that killed 19 people at the company’s Samarco mine in Brazil.
Property services outfit Countrywide (LON:CWD) has announced plans to cut its debt levels by around 50% through the issue of fresh equity.
Service office space provider IWG has confirmed press reports that it has received an approach from private equity outfit Terra Firma with regards to a potential cash offer for the entire issued stock
AIM-listed software developer Petards had climbed by 6.94% to 22.20p at 1300 BST after one of its subsidiaries secured a multi-year renewal to its contract with Network Rail.
West Africa focused oil and gas producer Savannah Petroleum had seen its shares drop by 2% to 29.40p at 1530 BST after the firm announced that it has spudded its third well in the current Niger drilling campaign.
AIM-listed recruitment firm Prime People saw its pre-tax profits fall by 37.3% to £1.19 million for the year ended 31st March, despite a slight improvement in revenues.
FTSE 250 life science investment trust Syncona saw its shares climb this morning after one of its portfolio companies announced the pricing for its IPO.
High street technology retailer Dixons Carphone has clawed back some ground today after the company’s preliminary results were published. While revenues rose modestly to £10.5 billion, pre-tax profits tumbled by 23.6% to £382 million.
AIM-listed digital security operation Shearwater Group has issued a trading statement today that suggests that results for the financial year ended 31st March will be towards the top end of market expectations.
Defense contractor Chemring swung back in to profit during the six months ended 30th April, despite revenues being 8% lower than in the same period of the prior year.
