Company News
Upland Resources rejects 'very preliminary' bid approach at 14p a share
Shares of Upland Resources rocketed on Monday after the oil and gas company confirmed it had received and rejected an unsolicited, "very preliminary" approach about a possible takeover offer at 14p a share from SEC Capital.
Velocys shares tumble despite Ohio facility launch
Shares in Velocys tanked on Monday despite the sustainable fuels technology company hitting a key milestone with the launh of a new 52,500 square-foot facility in Ohio.
GCP Infrastructure posts dip in net asset value
GCP Infrastructure Investments posted a dip in net asset value on Monday, but said its portfolio continued to perform in line with expectations.
OptiBiotix inks ingredient deal with Tata Chemicals
Life sciences developer OptiBiotix Health announced a significant agreement with Tata Chemicals on Monday, that would see its proprietary ‘Fossence’ product incorporated into their ‘SlimBiome’ and ‘LeanBiome’ product lines, specifically tailored for the Indian market.
AFC Energy hails successful testing of ammonia cracker tech
Hydrogen power generation technologies group AFC Energy has reached a new milestone with its new ammonia cracking technology, with testing proving its ability to deliver fuel cell grade hydrogen "on a modular, scalable basis".
Horizonte committed to Araguaia despite 35pc jump in costs
Horizonte Minerals remained upbeat on progress on the construction of the Araguaia Nickel Project in Brazil on Monday, despite some challenges requiring an increase in the project’s budget of more than a third.
Keller set for record year as trading exceeds expectations
Specialist geotechnical contractor Keller Group said in an update on Monday that it anticipated full-year underlying operating profit to significantly exceed current market expectations.
Indivior to pay $385m to settle Suboxone monopoly case
Addiction treatment drug maker Indivior said it had agreed to pay $385m to resolve the final lawsuit claims against it in the long-running Suboxone anti-trust case.
Vistry confirms guidance despite weak private sales
Vistry reiterated its full-year profit guidance on Monday, despite house sales failing to pick up as expected.
Alphawave IP appoints semiconductor vet as new CFO
Semiconductor group Alphawave IP has poached Avantus' chief financial officer as its new CFO, after its previous finance chief resigned abruptly five months ago.