Likewise Group buys Headlam’s crown jewels for £14.9m, eyes £300m revenue
Likewise Group pays £14.9m for key Headlam assets, becoming the UK’s biggest flooring distributor after the rival’s collapse.
Latest news, page 6
Hollywood Bowl revenue hits record £261.6m despite UK heatwave hit to footfall
Hollywood Bowl hit record £261.6m revenue despite a UK heatwave hitting like-for-like sales, as Canadian growth and cost discipline kept profit on track.
Glencore rockets to top of ii’s most-bought list as dip-buyers pile in
Glencore became interactive investor’s most-bought stock in September as retail investors bought the dip on weaker iron ore prices.
Pennon shares plunge 17% as £550m rights issue funds dividend cut
Pennon shares plunge 17% after £550m rights issue and about 30% dividend cut to fund £1bn extra water network investment.
Clarksons lifts profit guidance to £135m+ as shares already up 34% this year
Clarksons raises profit guidance to £135m+ as record freight rates and ship values drive a bumper late summer for the shipbroker.
Bezant Resources surges 18.2% as copper concentrate output starts at Hope & Gorob
Bezant Resources shares rose 18.2% after commercial copper concentrate production began at its Hope & Gorob mine in Namibia.
East Star, Forgent, Bezant and Physiomics move from promise to proof
East Star, Forgent, Bezant and Physiomics face a common test: turning funded drilling, a first blast and new contracts into delivered value.
Physiomics racks up £750k in contracts since May, but no share move disclosed
Physiomics has booked over £750,000 in contracts since May, near-matching last year’s full-year revenue, as it targets break-even.
Fulcrum Metals Locks In Ontario Pilot Site, Eyes US$20m Royalty Deal
Fulcrum Metals secures a Mississauga pilot site for its Teck-Hughes mine-waste project as a US$20m Chancery royalty deal remains in due diligence.
Wetherspoon shares jump 5% despite 28% profit drop as costs bite
Wetherspoon shares rose 5% as strong recent trading offset a 28% drop in annual profit caused by rising wage, repair and rates costs.