Company News
Friday preview: US non-farm payrolls in the spotlight
September will get off to a 'bang' with a raft of top-tier economic indicators set for release in the States, including the all-important non-farm payrolls report for August.
600 Group disposes of ProPhotonix shareholding
AIM-listed 600 Group has sold off its entire holding in laser diode and LED systems manufacturer ProPhotonix for £1. 5m, which results in a £1m profit in the consolidated income statement.
Reach4entertainment warns FY earnings will miss market expectations
AIM-listed Reach4entertainment warned on Thursday that earnings before interest, tax, depreciation and amortisation for the year to 31 December will be below market expectations, partly due to some live events being cancelled because of terrorist incidents in London and Manchester.
Rose completes optimisation of seismic shoot parameters at Paradox Basin
Natural resources business Rose Petroleum announced on Thursday that it had completed the optimisation of the 3D seismic shoot parameters on its oil and gas exploration acreage in the Paradox Basin, Utah.
Telit LTE module gets certification on AT&T
Internet of Things-focussed technology company Telit Communications announced on Thursday that its ME910C1-NA module was the first Telit LTE Category M1 module to receive certification for operation on AT&T's LTE nationwide network in the US.
Pressure Technologies manufacturing divisions performing 'well'
Specialist engineering group Pressure Technologies announced an update on recent trading and expectations for the year to 30 September on Thursday.
Progress continues apace at Dempsey, says Empyrean
Oil and gas development company Empyrean Energy announced on Thursday that it has been informed by Sacgasco, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that the Dempsey 1-15 well was currently drilling ahead in 8 1/2" vertical hole.
Trakm8 concludes arrangements for three-year Intelematics deal
Telematics and data provider Trakm8 announced on Thursday that it concluded a three-year master supply agreement with Intelematics Europe to supply devices and data.
Dunedin announces increases in net asset value
UK-based investors, Dunedin Enterprise Investment Trust announced on Thursday that its net asset value (NAV) had risen in the six months leading up to 30 June.
21st Century manages to cut losses despite drop in revenue
Transport solutions provider, 21st Century Technology said on Thursday that although revenues continued to decline it managed to narrow its pre-tax losses in the first half of the year.
SRT Marine Systems enters major new contract
Maritime tracking, management and surveillance technologies provider SRT Marine Systems announced that it had entered a new contract to supply customised AIS Class A, Class B transceiver products to “one of the world's leading” marine electronics companies.
Minds + Machines domains make regulatory progress in China
Internet top-level domain owner and operator Minds + Machines Group updated the market on its licensing in China on Thursday, confirming that is . vip domain was now being supported in the Beijing Capital Region.
888 Holdings hit with record fine by UK gambling authority
The UK Gambling Commission has slapped 888 Holdings with a record fine over the online gaming company’s "serious failings in its handling of vulnerable customers", a day after it was confirmed as joining the FTSE 250 index.
Berkeley and NMC join FTSE 100; 888 and Alfa Financial promoted to FTSE 250
Royal Mail and Provident Financial will be demoted from the FTSE 100 next month as part of the quarterly index reshuffle, replaced by NMC Health and Berkeley Group, while three replacement were made at the bottom of the FTSE 250 index.
Harworth buys two land sites in the Midlands
Property developer and investor Harworth has purchased two strategic land sites in the Midlands to accelerate the expansions of its land bank.
Growth continues at Belvoir Lettings
Property franchise group Belvoir Lettings announced on Thursday that it had secured further growth and an increase in the number of properties it has under management following 12 franchisee-led acquisitions during 2017 across the country.
Tharisa commissions DC furnace, agrees to licence Lonmin Chrome plant
Chrome production and resource group, Tharisa said on Thursday that its subsidiary Arxo Metals had commissioned the construction of a one-megawatt direct current furnace to assist in the production of platinum group metal (PGM) alloys.
Tern's Device Authority signs five year deal
Internet of Things-focussed investment company Tern announced on Thursday that its investee company, Device Authority, has signed a five year contract for its ‘Automated PKI, Secure Gateway Provisioning & Registration and Credential Management’ product with a “leading” global manufacturer and vendor of machine to machine (M2M) and IoT devices.
Eddie Stobart reports strong growth in first results after IPO
Transport and logistics firm Eddie Stobart posted double-digit growth in the six months leading up to 31 May as its underlying revenue rose 13% to £286. 8m bringing EBITDA up 14% with it to £16. 9m.
Victoria continues to make 'good progress' in key markets
Investors in floor covering designer, manufacturer and distributor Victoria were gathering on Thursday morning for the company’s annual general meeting, with the board confirming that it had continued to make “good progress” in its key UK, European and Australian markets.