Company News Archive

  • Friday 27 June 2014

    INDEPENDENT chemist chain Raimes, Clark and Company has reported a nine per cent increase in profits during a year when turnover dropped back slightly.

  • Friday 27 June 2014

    PUNCH Taverns has agreed terms with bondholders holding more than 50 per cent of its junior and senior notes for a restructuring which will wipe out equity investors.

  • Friday 27 June 2014

    THE new team at Pinnacle ­Technology has delivered a ­critical verdict on the company's recent past and revealed that it is embroiled in a legal action over the "wilful misconduct of various formerly closely associated parties".

  • Friday 27 June 2014

    ALLIANCE Trust Savings, which is battling in the competitive platform market, has signalled potential redundancy for its four senior marketing professionals after deciding to outsource the function.

  • Friday 27 June 2014

    WOOD Group has reported a strong performance by its North Sea business in the first half of the year but highlighted concern about cost increases in the area.

  • Friday 27 June 2014

    HURRICANE Energy has seen its shares soar 23 per cent after the successful test of a well at the Lancaster field West of Shetland.

  • Friday 27 June 2014

    SCOTTISH crowdfunding business ShareIn has been authorised by the Financial Conduct Authority (FCA) to run its equity-based platform for the UK private investor market.

  • Friday 27 June 2014

    MOTOR industry entrepreneur Hugh McMahon has come back into the sector by leading a £3 million deal to buy a Rolls Royce and Aston Martin dealership.

  • Friday 27 June 2014

    CARPHONE Warehouse has said it is approaching its £3.6 billion tie-up with the owner of PC World and Currys from a "position of strength" as the two merger partners delivered separate results for the final time.

  • Friday 27 June 2014

    EDINBURGH-based Portland Hotels has revealed it is eyeing acquisitions south of the Border as improving conditions in the hotel industry helped it hike pre-tax profits by 20 per cent.

  • Thursday 26 June 2014

    YEAR-on-year growth in UK retail sales volumes slowed unexpectedly to a near-standstill this month, a survey has revealed, writes Ian McConnell.

  • Thursday 26 June 2014

    Royal Bank of Scotland will reward patient shareholders only by "doing things differently" for customers, new chief executive Ross McEwan has promised.

  • Thursday 26 June 2014

    FAST-growing online travel search business Skyscanner has bolstered its Chinese presence with the acquisition of a rival.

  • Thursday 26 June 2014

    BREWDOG has further expanded its horizons by opening a bar in Florence.

  • Thursday 26 June 2014

    SHARES in Interbulk, where Jim McColl is on the board with a 3.6 per cent stake, have drooped to a four-year low as the company unveiled a £728,000 first-half loss before tax, compared with last year's £886,000.

  • Thursday 26 June 2014

    BARR Construction has been appointed as the main contractor for the £45 million contract to rebuild Bristol City's Ashton Gate Stadium.

  • Thursday 26 June 2014

    STAGECOACH Group is eyeing further expansion of the Megabus network in Europe and North America while its annual results flagged uncertainty arising from the Scottish independence referendum and UK general election as potential risks to the business.

  • Thursday 26 June 2014

    SMITH Anderson, a survivor of Scotland's Victorian manufacturing boom years, which makes grab bags used by fast-food chains increased turnover by 5% in the latest financial year but saw profits fall 40% amid tough trading conditions.

  • Thursday 26 June 2014

    WEST Lothian company Paterson Arran has won a contract with Asda to produce a range of three new oatcakes under the supermarket group's "Chosen By You Scotland" brand, in a deal worth about £800,000 over the next year.

  • Thursday 26 June 2014

    ISLE of Arran Distillers achieved a near-60 per cent hike in profits last year as it enjoyed success in markets including the US and Taiwan, its latest accounts have shown.

  • Thursday 26 June 2014

    TARTAN carpet business Stevens & Graham has secured a US distribution deal worth $1 million (£590,000) a year which the Scottish firm hopes will be the first in a series of overseas contracts.

  • Thursday 26 June 2014

    MICHAEL Urquhart has announced he is to step down as managing director of Gordon & MacPhail, the Elgin-based whisky specialist, in September.

  • Thursday 26 June 2014

    DINGBRO, the vehicle parts supplier, has seen profits fall around 80 per cent in its latest financial year after investing for growth but expects to increase earnings in the current period.

  • Thursday 26 June 2014

    THE upmarket Marcliffe Hotel has seen annual profits more than double, according to its latest set of accounts.

  • Wednesday 25 June 2014

    Scottish global travel search provider Skyscanner is acquiring Chinese metasearch company Youbibi.

  • Wednesday 25 June 2014

    BOWLEVEN, the oil and gas explorer, has been criticised after agreeing to sell a 50 per cent share in a prized Cameroon asset for $250m (£150m).

  • Wednesday 25 June 2014

    Royal Bank of Scotland shareholders who make the journey to its Gogarburn headquarters for the annual meeting will today have their first chance to quiz new chief executive Ross McEwan.

  • Wednesday 25 June 2014

    AGGREKO, the temporary power specialist, has struck a deal to supply the Moma Mineral Sands Tintainum mine in north-east Mozambique.

  • Wednesday 25 June 2014

    IBERDROLA, the Spanish-based energy giant behind Scottish Power, has appointed a second British female to its board.

  • Wednesday 25 June 2014

    Balfour Beatty's Paisley-based civil engineering and construction business, which employs 260 at West Point business park, has said its recent raft of new contracts are worth £17.5 million.