Company News
Wednesday preview: ADP jobs report, Tesco in focus
Investors will be focused on a raft of economic indicators due out in the U. S.
Director dealings: Everyman non-exec linked to buy, Touchstone chair sells shares
Two transactions were disclosed to the market on Tuesday involving directors at Everyman Media Group and Touchstone Exploration, traded on the London Stock Exchange and the Toronto Stock Exchange, respectively.
Invinity announces significant battery sale to Taiwan
Invinity Energy Systems announced a significant sale of vanadium flow batteries (VFBs) to Taiwan's National Applied Research Laboratories (NARLabs) on Tuesday.
Angus Energy records strong third-quarter production growth
Angus Energy reported substantial growth in production in its third quarter in an update on Tuesday, with gas volumes produced and sold from the Saltfleetby Field in July, August, and September, totalling 7. 9 million therms.
Fulcrum Metals adds three claim blocks in Saskatchewan
Fulcrum Metals announced the procurement of three new claim blocks in northern Saskatchewan on Tuesday, enlarging its Charlot-Neely Lake uranium-gold project by 63%.
Pressure Technologies flags slight full-year earnings miss
Specialist engineering firm Pressure Technologies projected full-year revenue of £32m in a post-close trading update on Tuesday, making for a 28% like-for-like expansion year-on-year.
Eli Lilly to buy Point Biopharma in $1.4bn deal
Eli Lilly said on Tuesday that it has agreed to buy radiopharmaceutical company Point Biopharma in a $1. 4bn cash deal.
Character Group performs 'more strongly' in H2
Toy designer Character Group said trading conditions across the retail sector had been "persistently challenging" in the twelve months ended 31 August, impacting its performance in the first half.
Nexus Infrastructure FY trading impacted by 'challenging market conditions'
Civil engineering group Nexus Infrastructure said on Tuesday that it was currently navigating "challenging market conditions" and now sees its full-year performance coming in lower than previous expectations.
BiVictriX appoints Adrian Howd as its new finance chief
Biotechnology developer BiVictriX Therapeutics announced the appointment of Dr Adrian Howd as its chief financial officer (CFO) and chief business officer (CBO) on Tuesday.
Aurrigo to trial its autonomous aviation technology with IAG
Transport technology developer Aurrigo International announced a strategic partnership with British Airways owner International Airlines Group (IAG) on Tuesday.
Alien Metals inks heritage agreements over Hancock project
Minerals explorer and developer Alien Metals updated the market on its Hancock iron ore project on Tuesday, announcing the execution of heritage agreements (HPAs) with the Karlka Nyiyaparli Aboriginal Corporation.
Oxford BioDynamics secures US billing code for prostate test
Precision test developer Oxford BioDynamics has successfully secured a proprietary laboratory analysis (PLA) code from the American Medical Association's (AMA) Current Procedural Terminology (CPT) Editorial Board, it announced on Tuesday.
Tortilla Mexican Grill swings to loss before tax
Tortilla Mexican Grill, the UK’s largest Mexican dining chain, reported a 22% improvement in first-half revenue in its interim results on Tuesday, to £32. 7m.
RBA keeps rates at 11-year high of 4.1%, as expected
The Reserve Bank of Australia kept its key interest rate on hold on Tuesday for the fourth month in a row.
Gooch & Housego trades ahead of FY expectations
Photonics manufacturer Gooch & Housego said on Tuesday that trading was ahead of expectations in the year ended 30 September, while the integration of its two recent acquisitions was "progressing well".
Boohoo downgrades FY revenue guidance, shares slide
Boohoo said on Tuesday that it swung to a first-half loss as it cut its full-year revenue outlook, sending shares in the fast fashion retailer tumbling.
RWS establishes presence in Africa with STComms acquisition
Tech-enabled language services provider RWS Holdings has set up shop in Africa with the acquisition of Cape Town-based STComms Language Specialists.
RHI Magnesita buys P-D Refractories for €45m
RHI Magnesita said on Tuesday that it has bought P-D Refractories for around €45m.
Petrofac secures EPC contract with ADNOC Gas
Energy services company Petrofac has been awarded an engineering, procurement, and construction contract by ADNOC Gas for its Habshan carbon capture, utilisation, and storage project.