Company News
Entertainment One to buy UK-based Audio Network
Peppa Pig owner Entertainment One has announced the acquisition of UK-based Audio Network, a creator and publisher of original music for use in film, television and advertising, for £178m.
Barclays calls on shareholders to vote against Bramson appointment
Barclays released a statement on Thursday highlighting its opposition to the appointment to the board of Edward Bramson, the activist investor calling for the bank to shrink its investment arm.
Friday preview: JP Morgan, Chinese foreign trade in focus
The focus at the weekend will shift towards the health of the US corporate sector, as banking heavyweights JP Morgan and Wells Fargo kick off the first quarter earnings season across the Pond.
Avesoro sees decent gold production from New Liberty
West Africa-focussed gold producer Avesoro Resources issued its preliminary production results for the quarter ended 31 March on Thursday, from its New Liberty Gold Mine in Liberia and the Youga Gold Mine in Burkina Faso.
AMP flags loss after tough year for Wood Fuels business
Distributed heat, power and renewable fuels company Aggregated Micro Power Holdings updated the market on its year ended 31 March on Thursday, reporting that it achieved “strong” outperformance in both Urban Reserve and IncubEx during the period, but had a “difficult” year in Wood Fuels.
Alpha FMC reports 'exciting potential' and expects to outperform last year
Alpha Financial Markets Consulting reported that both revenue and adjusted EBITDA are expected to be ahead of the last financial year and in-line with current full year market expectations in its pre-close trading update on Thursday.
Christie Group profit boosted by international operations
Christie Group posted a rise in full-year profit and revenue on Thursday as it hailed "significant improvements" in its international operations.
Rosslyn Data taps Ash Mehta for CFO role
Data analytics outfit Rosslyn Data Technologies appointed Ash Mehta as its chief financial officer on Thursday.
Corero Network Security narrows loss as SmartWall sales leap
Corero Network Security on Thursday reported a narrowed annual loss after an improvement in revenue driven by sales of its SmartWall technology.
Tern pours more money into growing Device Authority
Internet of things investment company Tern announced on Thursday that, together with its co-investors, it has committed a further convertible secured loan to its portfolio company Device Authority, which specialises in internet of things security.
Dev Clever gets approval to launch first cross-platform VR experience
Immersive and mobile experience developer Dev Clever Holdings announced on Thursday that its cross-platform, core virtual reality (VR) multi user framework had been successfully approved to deploy its first live interactive experience across multiple platforms, including Google Play, Google Daydream, Oculus Store, Samsung Gear VR and the Apple App Store.
Toople shares plunge as board speaks of growth
Shares in bespoke business telecoms provider Toople were in the red on Thursday, after it updated the market on its trading ahead of its interim results.
Faron Pharmaceuticals upbeat on latest info from MATINS trial
Clinical stage biopharmaceutical company Faron Pharmaceuticals announced on Thursday that the cohort expansion part of its phase 1 and 2 ‘MATINS’ clinical trial, investigating the safety and efficacy of its wholly-owned novel precision cancer immunotherapy ‘Clevegen’, would begin with patients suffering from late-stage colorectal cancer as soon as the optimal dosing was determined.
EasyHotel outperforms UK hotel market in first half
Budget accommodations outfit EasyHotel continued to outperform the hotel market in the UK over the six months ending on 31 March despite the ongoing political and economic uncertainty.
OptiBiotix partner gets approval to make SlimBiome in India
OptiBiotix Health announced on Thursday that it has received a licence from the Food Standards and Safety Authority India (FSSAI) for its weight management product ‘SlimBiome’ to be manufactured in the country.
Irish Continental sells 'Oscar Wilde' ferry for profit on disposal
Irish Continental Group has entered into a bareboat hire purchase agreement for the sale of the cruise ferry ‘Oscar Wilde’ to MSC Mediterranean Shipping Company, it announced on Thursday.
Good weather helps Camellia's annual profits shine
Camellia reported on Thursday that its annual profits and revenues increased following an improved performance from its agricultural division as good weather benefited crop growth.
Vast Resources awaiting term sheets for Baita Plai financing
Mining outfit Vast Resources said it is now waiting for term sheets from two financial institutions for loan finance to bring its Baita Plai project into production, alongside progress in its discussions to bring on board a cornerstone equity investor.
FRC launches probe into Grant Thornton's audits of Interserve
The Financial Reporting Council has launched an investigation into Grant Thornton's audit of outsourcer Interserve's financial statements.
National Grid guides towards full-year underlying EPS in-line with expectations
National Grid guided towards full-year underlying earnings per share in-line with its expectations ahead of its financial year close.