Company News
ITV downgraded by Macquarie on consumer sector weakness
Television firm ITV was downgraded to ‘underperform’ from ‘neutral’ by analysts at Macquarie on Wednesday on the back of weakness in ad spending in the consumer sector.
Surgical Innovations brings interim profits into the green
Medical technology firm Surgical Innovations (SI) announced on Wednesday that it had seen a welcome gain in revenue over its first half of trading thanks to a strong performance by its manufacturing (OEM) division and increased domestic sales.
Advanced Medical Solutions ticks all the right boxes on interim report card
UK based Advanced Medical Solutions Group (AMS) said on Wednesday that it anticipated its full-year results would be in line with guidance, before upping its interim dividend and announcing increased profits.
Thor Mining reports copper leaching into groundwater at South Australian asset
Australia focussed exploration and development company Thor Mining announced on Wednesday that it had detected positive levels of copper in the water at its Kapunda Copper Project in South Australia.
Landore and Lamaune reach debt settlement agreement
Landore announced on Wednesday that its wholly owned subsidiary, Landore Resources Canada, had entered into a debt settlement agreement with Lamaune Iron.
Thursday preview: Bank of England in focus, Next and Morrisons report
Bank of England rate setters will reveal the fruits of their deliberations on Thursday, while on the corporate front there are results from Next and Morrisons.
OptiBiotix Health enters MoU with Taiwan's Bened Biomedical
Life sciences business OptiBiotix Health said it has signed a memorandum of understanding with Bened Biomedical of Taiwan on Wednesday.
EasyJet beats Ryanair to market with long-haul connections programme
EasyJet announced on Wednesday that it had inked a deal with fellow European low-cost carrier Norwegian Air and Canada's WestJet that would allow its passengers to transfer onto their long-haul flights via Gatwick.
Clinigen agrees to acquire Quantum Pharma in £150m deal
Clinigen Group and Quantum Pharma announced on Wednesday that they have agreed terms of a recommended acquisition by Clinigen of the entire issued and to-be-issued share capital of Quantum for £150. 3m, to be effected by means of a scheme of arrangement.
StatPro secures £1.5m contract extension
Cloud-based portfolio analytics and asset pricing services firm StatPro Group announced on Wednesday that it has secured a two-year contract extension with a “large” European asset manager for its Delta service, worth £1. 5m.
Connemara Mining upbeat on joint venture ownership shake-up
Connemara Mining Company said on Wednesday that it has been informed that Group Eleven Resources, a private company, has acquired the 76. 56% interest held by Teck Ireland in TILZ Minerals, the joint venture company which holds six prospecting licences covering the Stonepark zinc project in Limerick, Ireland.
Range confirms spudding of QUN 161 development well
Range Resources advised the market on Wednesday that the QUN 161 development well in Trinidad was successfully spudded on 9 September.
Spire contributes £27m to fund for victims of disgraced surgeon Ian Paterson
Spire Healthcare said on Wednesday that it will contribute £27. 2m towards a compensation fund for victims of disgraced breast surgeon Iain Paterson, who left hundreds of patients scarred and disfigured after carrying out unnecessary operations.
ANGLE signs option agreement with Queen Mary University of London
Liquid biopsy company ANGLE announced that it has signed an option agreement with Queen Mary University of London on Wednesday, for an exclusive worldwide licence over the use of its megakaryocyte intellectual property.
Chariot Oil & Gas keeps discipline ahead of 2018 drilling
Chariot Oil & Gas, the Atlantic focused oil and gas explorer, trumpeted its continued strong balance sheet at the half-year stage as its looked forward to positive production developments offshore Morocco.
Epwin takes the good with the bad in first half
AIM-listed building products business Epwin Group reported a somewhat mixed bag of results for its first six months of trading as it increased revenue at the same time as watching its pre-tax profits fall.
JP Morgan chief said he would fire any employee that traded Bitcoins
JPMorgan chief, Jamie Dimon, said he would fire any JP Morgan trader who traded Bitcoins because it's against the lender's rules and because it shows they are stupid; furthermore, governments will eventually clamp down on them.
Dunelm profits drop but shares surge on Worldstores optimism
Profits at Dunelm dropped towards the lower end of expectations and while there is caution at the homewares retailer about depressed consumer spending, the new financial year was reported to have started well.
Sales and forex drive growth at Focusrite
Music and audio products company Focusrite reported on Wednesday that, in the second half of the financial year, revenue and profits grew compared with the first half of the current year.
Eve Sleep losses grow as it invests in expansion, but sales jump
Losses at Eve Sleep grew in the first half even as sales surged as the company - which floated on AIM in May - invested in its expansion and brand awareness.