Financial News

Redcentric warns on 2019 profits

IT services provider Redcentric has seen its shares drop to 92.55p, a 7.45% decline from this morning's opening price. Management…

Synthomer facing EU investigation

Specialist chemical manufacturer Synthomer has announced that it is under investigation as part of a wider European Commission anti-trust inquiry…

Avanti Communications wins case against Indonesian Government

Satellite data specialist Avanti Communications has won its case against the Indonesian Ministry of Defence to recover sums payable for…

Autotrader surges upwards as sales shift gear

Digital marketplace operator Autotrader reported a rise in revenues of 7% for the year ended 31st March, as the number…

WH Smith shoot upwards as Travel arm soars

Retailer WH Smith saw group sales increase by 4% for the 13 weeks ended 2nd June relative to the same…

Workspace doubles pre-tax profits

FTSE 250 office space provider Workspace reported that profits before tax for the year ended 31st March were £170.4 million,…

Sound Energy begins farming out in Morocco

Morocco-focused upstream gas outfit Sound Energy has initiated the farm out process for its Sidi Moktar licence as it looks…

Royal Bank of Scotland sinks after government sell-off

Shares in Royal Bank of Scotland dropped by 3.63% to 270.70p, as at 1130 BST, after the UK government announced…

Mothercare shares drop after creditors reject CVA

Struggling retailer Mothercare (LON:MTC) has suffered another setback after its subsidiary Childrens World failed to reach an agreement with its…

DS Smith wraps up Europac takeover

International packaging specialists DS Smith (LON:SMDS) has announced a proposed takeover of Europac, in what would be the company's largest…