Company News
Friday preview: US jobs report, trade talks in focus
The spotlight at the end of the week will be firmly on the US jobs report for the month of March.
Tissue Regenix wins extra US coverage for DermaPure
Tissue Regenix Group on Thursday secured additional coverage with a US Group Purchasing Organization (GPO) for the use of DermaPure, a chronic wound treatment product.
Ramsdens in line following Instant Cash Loans acquisition
Pawnbroker Ramsdens continued to trade well and in line with the board's initial expectations for the past 12 months.
Intermediate Capital Group set to purchase Doc Generici
Intermediate Capital Group may announce the purchase of Doc Generici from GVC Capital Partners as soon as today.
Bagir Group soars as revenue climbs despite 'challenging' conditions
Bagir Group's shares soared on Thursday after new client wins and increased purchase orders from existing customers helped the company sew up a revenue increase despite "a challenging market environment".
Watkin Jones pleased with trading performance amid broader uncertainty
Multi-occupancy residential property developer and builder Watkin Jones updated the market on its half-year ended 31 March on Thursday, reporting that it had continued to deliver a “good” trading performance in the period, in line with its expectations.
NWF acquires Cornish fuel distributor
NWF Group has acquired fuel distributor Consols Oils for an undisclosed sum as it looks to grow and consolidate its fuels distribution business.
UniCredit plotting bid for Commerzbank
UniCredit is reportedly preparing a multibillion-euro bid for a slice of Commerzbank in case its talks with Deutsche Bank fail.
Botswana Diamonds completes drilling programme on Thorny River farms
Botswana Diamonds announced on Thursday that the intensification drilling programme had concluded on the farms Frischgewaagt and Hartbeesfontein, which formed part of the Thorny River project.
Regal Petroleum sees decent production as it progresses with drilling
Oil and gas exploration and production group Regal Petroleum updated the market on its operational activities in Ukraine on Thursday, where it operates the Mekhediviska-Golotvshinska (MEX-GOL), Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields.
Water Intelligence sells franchise territory in US state of Georgia
Leak detection and remediation solutions provider Water Intelligence announced the sale of franchise territory covering the middle and southern part of the state of Georgia in the United States on Thursday.
Melrose pledges higher margin target for GKN
Melrose Industries is aiming to increase profit margins at its acquired GKN's aerospace and auto businesses, it told investors at a long-awaited capital markets event.
Independent Oil & Gas losses widen as it progresses with core project
Pre-revenue development and production-focussed company Independent Oil and Gas reported a post-tax loss of £5. 64m in its final results on Thursday, widening from £2. 75m year-on-year.
Concurrent Technologies gross profits slip as revenue improves
Embedded computer boards designer and manufacturer Concurrent Technologies announced an increase in its revenues in its final results on Thursday, to £16. 6m from £16. 2m year-on-year.
ITV to develop new programmatic ad platform with Amobee
ITV has signed an exclusive UK and Ireland licensing agreement with global digital advertising technology company Amobee, it announced on Thursday, for end-to-end programmatic buying and selling of premium video inventory on its on-demand streaming platform, the ITV Hub.
ReNeuron upbeat on progress in hRPC study
Cell-based therapeutics developer ReNeuron Group updated the market on progress with its ongoing phase 1 and 2 clinical trial in the US of its ‘hRPC’ cell therapy candidate in the blindness-causing disease retinitis pigmentosa (RP) on Thursday, confirming that the positive efficacy seen and previously announced had, to date, been sustained in the first patient cohort in the phase 2 part of the study.
Proton Power gets order for 15 fuel cells for German buses
Fuel cell electric hybrid systems developer Proton Power Systems announced the receipt of a confirmed order from ebe EUROPA of Memmingen, Germany on Thursday, for 15 hydrogen powered fuel cells of 60kW generating capacity each.
Bidstack slumps as loss widens on spiraling costs
Bidstack's shares stumbled on Thursday after it reported a wider loss as cost increases outweighed a jump in revenue.
Mporium revenues boosted by MporiumX unit
Marketing technology outfit Mporium saw revenues exceed £5. 4m in the first quarter of its financial year, driven by the introduction of its new division, MporiumX.
Saga tumbles as board slashes dividend amid new strategy
Shares in Saga plunged on Thursday, after a disappointing set of preliminary results in which the provider of holidays and other services to the over-50s slashed its dividend, warned on profits for the coming year and flagged another change of strategy.