Company News
Tekcapital soars as first MicroSalt order secured
Tekcapital's shares shot upward on Tuesday after its 97. 5% owned portfolio company Salarius launched production of its low-sodium salt alterntive, MicroSalt, and secured its first customer order.
Franchise Brands 'encouraged' following record quarter from Metro Rod
Multi-brand franchisor Franchise Brands' chief executive Stephen Helmsley told investors at the group's annual general meeting on Tuesday that he was encouraged by the group's overall trading performance in the first quarter.
Ahold Delhaize announces end to strike action at Stop & Shop, warns on profits
Dutch retailer Ahold Delhaize has warned that full-year profits will take a potential $110m hit after strikes shut down its Shop & Stop estate in New England.
Totally subsidiary scores NHS contract in Newcastle
Totally on Tuesday announced that its wholly-owned subsidiary Vocare Limited has been awarded a new contract to provide Urgent Treatment Centre and GP Visiting services to NHS Newcastle & Gateshead Clinical Commissioning Group.
Thomas Cook approached by potential bidders as group's woes continue
Thomas Cook shares took off on Tuesday following reports that it had been approached by multiple parties regarding a potential takeover of its tour operating unit and the entire company.
Inland Homes forward sale in Bournemouth goes unconditional
Specialist brownfield land development and housebuilder Inland Homes updated the market on its site at West Cliff Road in Bournemouth - the former Wessex Hotel - on Tuesday.
IronRidge confirms granting of Zaranou licence, extends due diligence
Africa-focussed minerals exploration company IronRidge Resources announced on Tuesday that the Zaranou Gold Project licence has been granted, while it had also extended the exclusive due diligence period to the “highly prospective” gold license in Côte d'Ivoire, West Africa.
CIP Merchant Capital invests in CareTech, buys more Orthofix stock
CIP Merchant Capital announced an investment in CareTech Holdings - a provider of specialist social care services supporting adults and children with a wide range of complex needs in more than 250 specialist service centres - on Tuesday.
Hipgnosis inks deal with hit songwriter Starrah
Hipgnosis Songs Fund has acquired a music catalogue from Brittany Hazzard, or ‘Starrah’ - an American songwriter, producer and singer whose songs have achieved 94 number one, 199 top five and 277 top 10 chart positions globally - it announced on Tuesday.
Roche launches new assay for breast and gastric cancer detection
Roche announced the launch of the new ‘VENTANA HER2 Dual ISH DNA Probe Cocktail’ assay on Tuesday, for the detection of the HER2 biomarker in breast and gastric cancer.
Ferrexpo sees revenue rise but earnings fall as it invests in capacity
Ferrexpo posted a 6. 4% improvement in revenue to $1. 27bn in its full-year results on Tuesday, as total pellet production rose 1. 6% to 10,607 kilotonnes.
Angling Direct nets 'record' sales hook, line and sinker
Angling Direct's shares climbed on Tuesday as the retailer reported a "record" start to the year following strong online and instore sales, and the opening of a new store in Nottingham.
Fastjet revenues soar as passenger numbers take off
Low-cost African airline Fastjet saw revenues soar last year, driven by an increase in passenger numbers in Zimbabwe and Mozambique.
Zinc Media nominates Mark Browning as CEO
Cross-platform media agency Zinc Media Group appointed former ITN Productions managing director Mark Browning to the role of chief executive on Tuesday.
Keywords Studios acquires Japanese games developer Wizcorp
Technical services provider Keywords Studios acquired Japanese games developer Wizcorp from Ankama and Silicon Studio Corporation for a cash consideration of JPY 120m (£825,720).
British Land sells 12 Sainsbury JV superstores for £429m
British Land said it was selling 12 superstores from its joint venture with Sainsbury's for £429m to Realty Income Corp, representing a net initial yield of 5% as the company rebalanced its portfolio.