Company News
Director dealings: Pets at Home CFO covers tax bill, Greencoat UK Wind discloses big buy
Pets at Home had three entries on the list of director sells on Thursday, after its chief financial officer exercised stock plan options, and then covered his tax bill.
JP Morgan Chase to shut 21 First Republic branches -
JPMorgan Chase & Co plans to shut around a quarter of First Republic Bank's 81 branches by the end of the year as part of its integration of the failed lender into its business, a spokesperson said on Thursday.
Investors give Dr Martens a kicking after margin warning, profit slump
Shares in Dr Martens tanked on Thursday as the UK bootmaker posted a slump in annual earnings and said it expected lower core margins in 2024 as it incurred extra costs after blunders at its Los Angeles distribution centre.
Creo's Speedboat Inject to be evaluated by NICE
Surgical endoscopy specialist Creo Medical Group announced on Thursday that its ‘Speedboat Inject’ product had been chosen by the National Institute for Health and Care Excellence (NICE) for further evaluation and guidance in the endoscopic submucosal dissection (ESD) of lower gastrointestinal (GI) lesions.
Quantum Blockchain raises £1m for research and development
Quantum Blockchain announced the raising of £1m through a placing of new shares on Friday, to fund its research and development, among other activities.
Synergia makes progress on Cambay artificial lift
Synergia Energy updated the market on the implementation of artificial lift equipment on the Cambay C-77H well on Thursday.
Greatland to transfer management of Juri to Newcrest Mining
Greatland Gold announced on Thursday that the management of the Juri Joint Venture would be transferred to its partner Newcrest Mining from 1 July.
Pantheon Resources awarded almost 40,000 acres in Alaska
Oil and gas company Pantheon Resources announced the formal acceptance and payment for the award of 39,540 acres by the Alaskan Department of Natural Resources (DNR) on Thursday.
Avacta buys Belgium-based Coris Bioconcept for £7.4m
Life science company Avacta Group announced the acquisition of Coris Bioconcept for initial cash consideration of £7. 4m on Thursday.
Challenger reports slow progress on Cory Moruga sale
Caribbean and Americas-focussed oil and gas company Challenger Energy updated the market on the sale of the Cory Moruga licence, onshore Trinidad, on Thursday.
Macy's lowers guidance as consumer demand weakens
Department store giant Macy's lowered its full-year guidance on Thursday, after its first quarter ended with even weaker consumer demand than anticipated.
Air travel sees strong demand in April - IATA
Air traffic took off in April, industry data showed on Thursday, as easing inflation helped boost demand.
BHP admits to underpaying staff
BHP is facing a $280m bill after underpaying thousands of employees for more than a decade, the mining giant confirmed on Thursday.
Me Group lifts full-year expectations after strong H1
Me Group lifted its full-year profit and revenue guidance on Thursday as hailed a "strong" first-half performance.
ITM Power FY revenue seen ahead of guidance, EBITDA loss within range
ITM Power said on Thursday that it expects full-year revenue to be ahead of guidance, while the adjusted EBITDA loss will be within the guidance range.
AstraZeneca gets another US approval for Lynparza
AstraZeneca has received approval in the United States for the drug combination of ‘Lynparza’, or olaparib, with abiraterone and prednisone or prednisolone for the treatment of adult patients suffering from metastatic castration-resistant prostate cancer (mCRPC) with deleterious or suspected deleterious BRCA mutations, it announced on Thursday.
AIM's Ceres Power to transfer to main list
Ceres Power Holdings is to transfer to the London Stock Exchange’s main list, the fuel cell specialist confirmed on Thursday.
Panthera Resources extends arbitration funding deadline
Gold exploration and development company Panthera Resources updated the market on Indo Gold’s conditional arbitration funding agreement (AFA) with LCM Funding SG (LCM).
Auto Trader confident for year ahead despite profits dip
Auto Trader Group sounded a positive note for the year ahead on Thursday, despite posting a dip in annual profits.
Network International suitors given more time to make firm offers
Discussions about a potential £2. 1bn takeover are ongoing, Network International Holdings confirmed on Thursday, as a key deadline was extended once again.