Company News
Director dealings: RS Group, Abrdn directors make purchases
RS Group was at the top of the list of director buys on Monday, after its chief executive officer picked up more than 14,000 shares.
Tuesday preview: Markets turn to Wood Group results, Fed speeches
Tuesday is set to be a quiet day in terms of corporate earnings and economic data, with Wood Group the only major UK-listed company expected to release results.
CMA clears Broadcom's $69bn acquisition of VMware
Broadcom’s $69bn acquisition of VMware was given the nod by UK regulators on Monday, as the Competition and Markets Authority (CMA) issued its final decision after an intensive phase two investigation into the deal.
Audioboom ranked fifth by two US podcast industry analysts
Podcast producer and distributor Audioboom announced on Monday that it was emerging as the fifth largest podcast publisher in the US, according to two industry evaluations.
DX Group unveils new Norwich parcels depot
Parcels and delivery specialist DX Group unveiled a new depot in Norwich on Monday, bolstering its presence in the region.
Oracle Power reports progress at Northern Zone gold project
International project developer Oracle Power updated the market on the ongoing development of the Northern Zone project by Riversgold on Monday.
Fusion Antibodies progresses AI antibody collaboration
Preclinical antibody discovery specialist Fusion Antibodies updated the market on its ‘AI/ML-Ab’, or AIM-Lab, service on Monday.
Renalytix gets KidneyIntelX included in major clinical guidelines
Renalytix announced on Monday that its signature solution ‘KidneyIntelX’ has secured a spot in the draft Kidney Disease Improving Global Outcomes (KDIGO) 2023 clinical practice guideline for the evaluation and management of chronic kidney disease.
Trident buys interest in Mali gold project royalty
Mining royalty investor Trident Royalties announced the acquisition of a 50% interest in a 2% net smelter royalty over the Dandoko Gold Project in western Mali on Monday.
Crest Nicholson shares slump as profit guidance lowered
UK home builder Crest Nicholson lowered annual profit forecasts after a worsening of the housing market amid rising inflation and interest rates.
TruFin conditionally accepts offer for its Vertus shares
Financial holding company TruFin has conditionally accepted a non-binding, indicative cash offer for its shares in Vertus Capital, it announced on Monday.
Investec names Cumesh Moodliar as new head of banking
Anglo-South African financial services group Investec has named long-serving banker Cumesh Moodliar as the new chief executive of its banking arm.
Hutchmed meets all endpoints in platelet disorder treatment trial
Hutchmed China reported a breakthrough from its recent phase three trial in sovleplenib on Monday, reporting that it met its primary endpoint and all secondary endpoints for treating adult patients with primary immune thrombocytopenia - a platelet disorder - (ITP) in China.
Jubilee reports progress in South Africa, Zambia
Jubilee Metals Group reported on the latest advancements at its chrome joint venture in South Africa on Monday, as well as the expansion of the Roan Concentrator in Zambia.
Asking prices for UK homes drop sharply in August - Rightmove
UK advertised house prices have fallen again as surging borrowing costs deter first-time buyers, according to estate agent Rightmove.
Idox beefs up geospatial offering with Emapsite acquisition
Idox, which sells management and regulation software to UK councils and local government, has acquired UK GIS and geospatial data provider Emapsite for £15. 8m.
TRIG sells three onshore wind farms in Ireland
The Renewables Infrastructure Group (TRIG) has agreed to sell three onshore wind farms in Ireland to Statkraft, it announced on Monday, for €25m - a 26% premium over the valuation as of 31 December.
Indivior settles part of US suboxone litigation
Addiction treatment specialist Indivior announced on Monday that its US subsidiary has entered into an agreement to settle the claims initiated by the end payor class in the ongoing multi-district suboxone antitrust litigation.