Company News
Wednesday preview: China trade data, ITV, Imperial Brands
The focus in the middle of the week will continue to be firmly on the People's Republic of China, with data covering the Asian giant's foreign trade during the month of April set for release.
Getech swings to profit as product revenue drives growth
Getech Group on Tuesday swung to an annual profit with sales increasing as higher product revenue offset a drop in service sales.
Victoria ends year in line with market expectations
Floor coverings company Victoria confirmed on Tuesday that current trading was consistent with its previous trading update of 18 February, and that the group's performance for the financial year ended 30 March was expected to meet consensus market expectations.
Phoenix Global Mining pleased with updates resource at Empire
North America-focussed base and precious metals exploration and development company Phoenix Global Mining announced an updated resource for its Empire Copper Mine oxide open pit in Idaho on Tuesday.
Ten Lifestyle Group expands into Scandinavia with new Norway office
Technology-enabled lifestyle and travel platform Ten Lifestyle Group has expanded into Scandinavia, it announced on Tuesday, with a new office opening and a new contract win.
Amerisur gets go-ahead to begin pumping crude through OBA pipeline
South America-focussed oil and gas producer and explorer Amerisur Resources has received all the required approvals to begin transportation of third-party crude via the 100%-owned OBA pipeline system to Ecuador, it announced on Tuesday.
Koovs gross orders improve in H2, announces funding
Online retailer Koovs, which caters to the Indian market, said on Tuesday that it has agreed further funding from Future Lifestyle Fashions Limited (FLFL), as it said gross order value for the year to 31 March 2019 slipped.
Ariana Resources releases decent drilling results from Kiziltepe Mine
Turkey-focussed gold exploration and development company Ariana Resources announced in-fill resource drilling results from the Kiziltepe Mine on Tuesday.
Rockfire Resources upbeat on sampling at Double Event
Gold and base metal-focused resource company Rockfire Resources announced on Tuesday that soil and rock sampling at the Double Event Prospect, which forms part of the Lighthouse tenement in Queensland, Australia, has returned further “strong” gold anomalism.
Demand for fillers helps Allergan boost full-year targets
Allergan plumped its full-year forecasts on Tuesday, after the pharmaceutical company reported a jump in first-quarter sales of wrinkle treatment Botox.
Rurelec makes additional payment on Bridge Properties loan, extends due date
Rurelec has made a further principal repayment of £0. 2m on the remaining temporary loan facilities provided by Bridge Properties Arena Central (BPAC), it announced on Tuesday.
Verona Pharma announces next study of nebulised ensifentrine
Clinical-stage biopharmaceutical company Verona Pharma announced the initiation of a phase 2b dose-ranging study evaluating nebulised ensifentrine (RPL554) added on to a long-acting bronchodilator in patients with moderate-to-severe chronic obstructive pulmonary disease (COPD) on Tuesday.
G4S mulling options after Garda World walks away
Security services firm G4S confirmed on Tuesday that it had not received an offer from Canadian rival Garda World, which had announced back in April that it was interested in buying the company.
Macfarlane buys packaging distribution business Ecopac for up to £3.9m
Packaging and label company Macfarlane has bought Buckinghamshire-based protective packaging distribution business Ecopac for up to £3. 9m in cash.
Surface Transforms plummets on revenue downgrade
Surface Transforms' (ST) shares dived on Tuesday after the company lowered its full-year revenue expectations due to production delays at OEM (original equipment manufacturer) customers.
Domino's Pizza's UK sales outweigh 'disappointing' international performance
Domino's Pizza reported first quarter sales growth with its UK performance was spurred on by the opening of four new stores amid a dispute with franchisees, though its international business is no longer expected to break even across the full year.
First-quarter sales power ahead at Ferrari
Shares in Ferrari motored ahead on Tuesday, after the luxury car maker saw first-quarter revenues jump and reiterated full-year targets.
Lufthansa said to prepare bid for Thomas Cook's Condor
Thomas Cook shares surged on Tuesday as Deutsche Lufthansa was said to be preparing a bid for the travel company's Germany-based airline Condor.
Kier finance director Bev Dew to step down
Shares in construction group Kier slumped on Tuesday as it announced the departure of finance director Bev Dew later this year.
Co-op ropes in Shirine Khoury-Haq as its new CFO
Co-op Group announced on Tuesday that Shirine Khoury-Haq would join the group in the summer as its new chief financial officer, replacing Ian Ellis, whose retirement was announced late last year.