Argo Blockchain launches IPO with sale of US shares September 14, 2021 Argo Blockchain, the only London listed crypto mining company, has launched an Initial Public Offering as it awaits approval to list on the Nasdaq exchange. Today, Argo said it had commenced the sale of 7,500,000 American Despositary Shares, equal to 75,000,000 ordinary shares. The last closing price of Argo’s ordinary shares on the London Stock [...]
BP scales back climate ambitions as outcry over £23bn earnings ignites call for tougher windfall tax February 7, 2023 BP has scaled back its climate ambitions, easing plans to slash the amount of oil and gas it produces to meet global demand.
Go-Ahead to reinstate pre-Covid dividends as new strategy focuses on accountability April 5, 2022 Go-Ahead said today it would go back to paying dividends to shareholders from fiscal year 2022, as part of its new accountability-focused strategy. Following a few troubled months, Go-Ahead’s board recommended between 50 and 75 per cent of underlying earnings per share. The group – which has recently been under scrutiny for a series of [...]
Post-COP26 beating: All eyes on mining firms today after investors dump stocks on merciless Monday November 16, 2021 Investors yesterday dumped mining stocks as the future of coal looks bleak during the first day of trading on the London Stock Exchange since the COP26 agreement was signed over the weekend. Several big names saw falls, including Evraz down 16.8p at 603.2p; BHP down 37.4p at 1923.4p; Antofagasta down 28p at 1,460p and Anglo [...]
Nightcap eyes portfolio expansion as CEO ‘proves critics wrong’ after pandemic-launch January 12, 2022 Bar operator Nightcap hit £15.5m in net sales during its first full year of trading, as it lines up 25 new site openings this year. Boss Sarah Willingham, whose group owns Tonight Josephine and the London Cocktail Club, told CityA.M. she had “never been prouder” to work in hospitality than during the pandemic. The company [...]
Burger King UK prepares for whopper £600m London listing October 10, 2021 Fast-food chain Burger King is preparing to float on the London Stock Exchange for around £600m, according to reports. Burger King UK is understood to be in advanced discussions with potential advisers, including Investec and Numis bankers, as the company readies itself to list next year, according to The Times, which first reported the news. [...]
Johnson & Johnson spins off consumer business in historic company shake-up November 12, 2021 Johnson & Johnson will spin off its consumer health business in a massive company shake-up. It will continue to develop pharmaceuticals and medical devices, but will create a new publicly traded company to sell household products. The separation reflects the growing divergence between the slow-and-steady world of selling shampoos, mouthwash and moisturisers, and the high-risk [...]
London Stock Exchange share price hits record high on Refinitiv takeover talks July 29, 2019 Shares in the London Stock Exchange Group (LSE) jumped 14 per cent this morning after it emerged the company is in talks to buy data analytics firm Refinitiv for $27bn (£22bn). Read more: London Stock Exchange in talks to buy data analytics firm Refinitiv for $27bn The company confirmed that it is in discussions with [...]
Ladbrokes owner delivers modest results amid US expansion and bookie bounceback January 20, 2022 Ladbrokes owner Entain reported a strong 2021 performance, with group net gaming revenue up seven per cent.
London Stock Exchange in talks to buy data analytics firm Refinitiv for $27bn July 28, 2019 The London Stock Exchange Group (LSE) is in discussions to buy data analytics firm Refinitiv for $27bn (£22bn) in a blockbuster deal that could see the company take on Bloomberg. The exchange group confirmed it is in talks with Thomson Reuters and a consortium of funds linked to private equity firm Blackstone to acquire the [...]