Company News
Thursday preview: Chinese foreign trade, weekly US jobs numbers in focus
The market spotlight would shift towards the People's Republic of China on Thursday.
Director dealings: Blackbird, Sareum insiders pick up shares
Blackbird found itself with a number of entries on the list of director buys on Wednesday, after a number of insiders and associates bought shares.
React Group wins two-year contract with UK variety store chain
Cleaning, hygiene and decontamination service provider React Group announced on Wednesday that it had secured an initial two-year contract to offer regular window and signage cleaning services to an expanding, unnamed variety store chain in the UK.
Surgical Innovations confident despite tough trading environment
Medical technology developer Surgical Innovations updated the market on its trading on Wednesday, projecting a promising outlook for the rest of the financial year ending 31 December.
Light Science Technologies buys Tomtech UK for £0.5m
Controlled environment agriculture (CEA) specialist Light Science Technologies (LST) announced its acquisition of Tomtech UK on Wednesday, for a total staged cash consideration of £0. 5m.
Concurrent Technologies buys Phillips Aerospace form $3.38m
Concurrent Technologies announced the successful acquisition of Phillips Aerospace on Wednesday, in a deal valued at $3. 38m.
NatWest confirms Haythornthwaite as its next chairman
NatWest Group confirmed that prominent business leader Rick Haythornthwaite would become its new chairman on Wednesday afternoon, following earlier media reports, amid ongoing controversies around the bank’s decision to close accounts of political figure Nigel Farage.
Savannah reports significant progress at Barroso Lithium Project
Europe-focussed lithium developer Savannah Resources announced significant progress in various aspects of its wholly-owned Barroso Lithium Project in Portugal on Wednesday.
Updated Covid vaccine effective against new strain - Moderna
Moderna’s updated Covid-19 vaccine has shown to be effective against a potentially dangerous new variant, the US biotech said on Wednesday.
Restore seals £140m contract with HMRC
Shares in document management firm Restore surged on Wednesday after the company announced a £140m contract with with HMRC.
Kefi Gold makes progress across Saudi Arabia projects
Kefi Gold and Copper updated the market on its recent activities in Saudi Arabia on Wednesday, including details on its minority-owned Gold & Minerals (GMCO), as well as various exploration sites at Jibal Qutman, Hawiah, Al Godeyer, and Abu Salal.
Genedrive diagnostic test system gets UKCA registration
Point-of-care molecular diagnostics developer Genedrive announced on Wednesday that its Genedrive CYP2C19 System has received UKCA marking registration.
Halfords revenues underpinned by 'needs-based' categories
Retailer Halfords reported a jump in revenues on Wednesday, underpinned by demand for motoring services.
Eurozone retail sales slip in July
Retail sales across the Eurozone fell by more than expected in July, official data showed on Wednesday.
Bakkavor lifts outlook as China volumes, prices rise
Food company Bakkavor on Wednesday lifted full-year guidance as higher prices and volumes in China helped it post a rise in profit and revenue for the half-year.
Barratt FY profits fall, no buyback as rising mortgage costs bite
UK housebuilder Barratt on Wednesday reported a fall in annual profits, cut its dividend and said there would be no share buyback this year as higher borrowing costs hit mortgage affordability.
Restaurant Group returns to profit after strong first half
The Restaurant Group boosted its full-year guidance on Wednesday, after a strong first half saw it swing back into the black.
Gateley maintains record of underlying growth
Professional services company Gateley maintained its consistent record of annual revenue and underlying profit growth in its final results on Wednesday.
Atlantic Lithium reports latest assay results from Ewoyaa drilling
Africa-focussed lithium explorer and developer Atlantic Lithium released further assay results from its ongoing resource and exploration drilling programme at the Ewoyaa Lithium Project in Ghana on Wednesday.
Saudi Arabia's STC snaps up 9.9% stake in Telefonica
Saudi Arabia’s STC Group has acquired a near 10% stake in Spanish telecoms giant Telefonica, it was confirmed on Wednesday.