Company News Archive

  • Saturday 19 July 2014

    A PHARMACEUTICALS business set up in Basingstoke more than 25 years ago has been valued at £31 billion after its board backed a takeover by a US firm.

  • Saturday 19 July 2014

    The Co-operative Group has offloaded its pharmacies, including 50 in Scotland, to the Pakistani retail group Bestway in a £620m deal designed to help the mutual ease its debts.

  • Friday 18 July 2014

    SHARES in Optos, the retinal imaging specialist, have surged by more than six per cent after it hiked third quarter revenue by five per cent to $42 million (£24.6 million).

  • Friday 18 July 2014

    SCOTLAND'S energy giant SSE has taken the high ground in the sector's ongoing battle with politicians and regulators, chairman Lord Smith has told shareholders.

  • Friday 18 July 2014

    DIAMOND merchant Chisholm Hunter has launched a new store in Glasgow's Argyll Arcade, swelling its portfolio to 23 units across the UK.

  • Friday 18 July 2014

    Dissolving film specialist BioFilm Holdings has secured funding of £750,000 from the Scottish Loan Fund (SLF), to help develop its US footprint.

  • Friday 18 July 2014

    PETROPLAN, the oil and gas recruitment specialist, has announced plans to open an office in Glasgow, writes Scott Wright.

  • Friday 18 July 2014

    THE Scottish arm of affordable housing firm Lovell has netted five contracts worth £50 million.

  • Friday 18 July 2014

    Mothercare's new boss has said the UK business needs to modernise if it is to make profits again.

  • Friday 18 July 2014

    BUILDING contractor Dunne Group said it has maintained a resilient position across key markets in the year ending October 2013, and has lined up an order book value of £156 million for 2014 and 2015.

  • Friday 18 July 2014

    LAND Securities has highlighted strong performances by its malls in Glasgow and Livingston as it signalled its intention to off-load non-flagship assets.

  • Thursday 17 July 2014

    Microsoft is to axe up to 18,000 jobs over the next year as the US software giant begins the steepest cuts in the firm's 39-year history.

  • Thursday 17 July 2014

    SSE has told shareholders it will continue to grow its dividend by at least the inflation rate, despite taking a £100m hit to profits next year from its industry-leading two-year price freeze.

  • Thursday 17 July 2014

    The owner of Virgin Media said it has no plans for a takeover of ITV after snapping up 6.4% of the broadcaster's shares from rival BSkyB today.

  • Thursday 17 July 2014

    UNITED Wholesale (Scotland) has hailed its strategy of giving its independent grocery customers access to improved credit facilities and product deals which allow them to compete with their larger rivals as it hiked turnover by nearly five per cent last year.

  • Thursday 17 July 2014

    FirstGroup will carry out a complete review of its remuneration policy in response to shareholder concerns, new chairman John McFarlane has told the annual meeting in Aberdeen, whilst failing to offer any guarantees on resuming the beleaguered group's dividend.

  • Thursday 17 July 2014

    ABERDEEN Asset Management has joined other major FTSE 100 firms in agreeing to pay its staff the Living Wage.

  • Thursday 17 July 2014

    THE annual search for the ­companies which make significant contributions to the economy and their communities gets under way today with the launch of The Herald Scottish Family Business Awards.

  • Wednesday 16 July 2014

    Rupert Murdoch's Twenty First Century Fox empire has been spurned after making a reported $80 billion (£47 billion) bid to create a film and TV behemoth bringing together titles including The Simpsons and Harry Potter.

  • Wednesday 16 July 2014

    FirstGroup shareholders have issued a warning to the transport giant over executive pay with a 25 per cent vote against the group's awards last year.

  • Wednesday 16 July 2014

    CRANEWARE, the Edinburgh-based software firm, has sealed record contract wins worth more than $70million (£40.8 million) in its latest financial year, a rise in excess of 80 per cent on the $38.5m won last year.

  • Wednesday 16 July 2014

    Scottish Gas is creating up to 80 new jobs in Scotland as part of a drive to improve customer service.

  • Wednesday 16 July 2014

    PD & MS Energy, the Aberdeen-based engineering services group bought out by its management in 2010, has a new private equity backer.

  • Wednesday 16 July 2014

    Dairy Crest said sales of its Clover brand fell in the first three months of its financial year, as the firm continued to face a difficult spreads market.

  • Wednesday 16 July 2014

    Carr's Milling has underlined the importance of its £17million flour mill at Kirkcaldy to its continuing strong financial performance.

  • Wednesday 16 July 2014

    BOWLEVEN has agreed to pay $9 million (£5.25 million) to break its strategic alliance agreement (SAA) with Petrofac to allow the sale of a prized Cameroon asset for $250m to proceed.

  • Wednesday 16 July 2014

    The total deficit in FTSE 100 pension schemes is estimated to have fallen by £16 billion to £60bn in the year to March 31, according to a study that has also highlighted the major burdens that companies including Royal Bank of Scotland are carrying.

  • Wednesday 16 July 2014

    BREWDOG has dropped a heavy hint that it is planning a major move into spirits production.

  • Tuesday 15 July 2014

    Carr's Milling, the agricultural and engineering firm, said the business has been strengthened after the acquisition of an animal feed rival in Lancashire and an engineering plant in Germany.

  • Tuesday 15 July 2014

    Recruitment firm Michael Page said its gross profit rose 8.9% to £137.2 million on the back of strong growth in the UK, China and the US in the second quarter of its financial year.