Company News
Friday preview: Inflation data in focus on either side of the Atlantic
Investors' attention at the end of the week will be on key inflation data due out on either side of the Atlantic.
Director dealings: Hill & Smith chair, SSP CEO make confident purchases
Hill & Smith was on the list of director buys on Thursday after Alan Giddins, the executive chair, acquired 9,000 shares.
N4 Pharma picks up controlling interest in Nanogenics
Pharmaceutical firm N4 Pharma announced the acquisition of a controlling interest in Nanogenics on Thursday.
SDX Energy finds gas-charged sands in new well
SDX Energy announced the successful drilling of the KSR-21 well on Thursday, achieving its target vertical depth of 1,955 metres, or 1,966 metres when considering the measured depth.
Bradda Head updates Basin Project mineral resource
Bradda Head Lithium unveiled an updated mineral resource estimate for its Basin Project in Arizona on Thursday, having undergone an additional 2,355. 2 metres of sonic drilling in 2023.
Cornish Metals starts commissioning mine water treatment plant
Explorer and developer Cornish Metals announced the start of the wet commissioning process for its mine water treatment plant (MWTP) at the South Crofty Tin Project in Cornwall on Thursday.
GameStop appoints billionaire Ryan Cohen as CEO, president
GameStop announced on Thursday that it has appointed billionaire Ryan Cohen as president and chief executive officer with immediate effect.
Renewi rejects £636m takeover offer from Macquarie, shares surge
Renewi surged on Thursday as it emerged the waste management company had rejected a £636m cash takeover offer from Macquarie Asset Management.
Zoo Digital to take hit from US writers' strike, shares slide
Zoo Digital tanked on Thursday as it warned it will suffer a "significant" EBITDA loss for the first half as the writers’ strike in the US dents revenues.
FRP Advisory reports robust trading, hikes quarterly dividend
FRP Advisory Group reported robust trading in an update on Thursday, as it remained consistent in its growth trajectory.
Kistos proforma production, earnings tumble in first half
Gas and oil producer Kistos reported a 25% fall in total production in its first half on Thursday to 1,659,000 barrels of oil equivalent.
AB Dynamics set to beat full-year market expectations
Testing, simulation and measurement products specialist AB Dynamics reported consistently strong trading momentum throughout the year in a trading update on Thursday, following an impressive first-half performance.
Phoenix Group shares down as it goes ex-div, reports solid first-half
Phoenix Group reported significant first-half progress in its interim IFRS financial statements on Thursday, with an over twofold increase in new business long-term cash generation, surging to £885m.
HSS Hire sees trading slow 'considerably', shares fall
Shares in HSS Hire Group fell sharply on Thursday, after it warned that current trading had slowed "considerably".
CMA flags concerns over Whirlpool-Arcelik deal
The UK competition watchdog has warned that the planned merger of white goods manufacturers Whirlpool and Arcelik could reduce choice.
UK car production eases in August
UK car production fell in August, industry data showed on Thursday, putting the brakes on six months of growth.
Ryanair scales back winter flights after Boeing delivery delays
Low-cost airline Ryanair said the delayed delivery of new Boeing planes means it will have to cut it winter schedule.
Europe open: Shares rally despite Evergrande woes, rising oil price
European shares rallied on Thursday despite more woes from troubled Chinese property developer Evergrande, which hit shares in Hong Kong overnight.
Avacta reports higher losses in first half
Cancer treatments and diagnostics group Avacta reported higher losses in the first half despite a doubling of revenues.
Evergrande shares suspended again in Hong Kong
Shares in heavily-indebted property developer Evergrande have been suspended in Hong Kong.