Company News

  • 25 October 2014

    Tennent's Lager owner C&C Group has seen its share price tumble by more than 10 per cent as investors responded to its takeover approach for Spirit Pub Company.

  • 25 October 2014

    JOHNSTON Press has proposed a reorganisation of its share capital to reduce the number of shares in issue.

  • 25 October 2014

    STV has made bids for local television licences in Aberdeen, Ayr and Dundee, to deliver "compelling" local news and current-affairs content, after launching Scotland's first local station in Glasgow in June.

  • 25 October 2014

    TIDAL-POWER company Atlantis Resources has raised £5 million, which will partly fund its involvement in the MeyGen tidal-stream renewable-energy project in the Pentland Firth.

  • 25 October 2014

    Britain's newest bank, TSB, has rejected claims that it is too small to compete and says it is winning almost ten per cent of new bank accounts.

  • 25 October 2014

    SHOPPERS in Alva will be the first in Scotland to use The Co-operative Food's new mobile "pop-up" shop, which will provide a temporary replacement while the Clackmannanshire town's main store is closed for a £394,000 refurbishment.

  • 25 October 2014

    SHARES in Omega Diagnostics have plunged 16 per cent after the firm issued a profits warning following setbacks with a key HIV-testing kit.

  • 24 October 2014

    A deal to create the world's largest banana company has collapsed after shareholders of US firm Chiquita rejected a merger with Fyffes.

  • 24 October 2014

    TSB hailed an above-target performance in the current account market today but said it was being held back by the low level of switching among UK bank customers.

  • 24 October 2014

    BP and GDF SUEZ have made an oil find around 150 miles east of Aberdeen that they think could unlock the potential of a series of so-called stranded assets.

  • 24 October 2014

    INTERNATIONAL drinks company Pernod Ricard has returned to growth in the three months from June to September, and is forecasting profit from recurring operations to increase organically by one to three per cent for the full year to end-May next year.

  • 24 October 2014

    As of January 2015, should a bank fail then the Bank of England will immediately replace its senior executives and within 48 hours inform creditors of their losses.

  • 24 October 2014

    WALLACES Express has cited rising operating costs as profits dropped by 11.4 per cent in its final year of accounts before being acquired outright by Tennent Caledonian Breweries.