Company News
Director dealings: Seeing Machines chair ups stake
Seeing Machines revealed on Friday that Dunford Super Fund had acquired 300,000 ordinary shares in the AIM-listed computer vision technology company.
JPMorgan CEO Dimon planning first ever stake sale
The chief executive of JPMorgan is planning to sell 1m shares in the bank next year.
Chevron shares dive as Q3 profits drop 42%
Shares in Chevron dived on Friday after the US oil and gas giant missed expectations with third-quarter profits, as the bottom line shrunk by 42% year-on-year.
Beowulf's Grafintec seeing opportunities in China export ban
Beowulf Mining updated the market on its graphite strategy on Friday as it looked to capitalise on a new, restrictive regulatory move from China.
Kodal Minerals agrees financing package with Hainan Mining
Lithium and gold-focussed explorer and developer Kodal Minerals announced significant progress in its funding arrangement on Friday, reaching an agreement for a package with Hainan Mining and its UK-based subsidiary Xinmao Investment that was first announced on 19 January.
Arc Minerals completes joint venture deal with Anglo American
Arc Minerals announced the fulfilment of substantive regulatory conditions related to its joint venture agreement with a subsidiary of Anglo American on Friday.
Christie & Co appointed to market 29 caravan parks and properties
Christie Group announced on Friday that its agency and advisory business, Christie & Co, has been appointed by the administrators for several companies linked to RoyaleLife Group to market 29 residential caravan parks and properties.
Arcontech inks significant deal with tier-one bank client
Arcontech announced a significant deal with an unnamed tier-one bank client for its CityVision platform on Friday.
UAE lender to support Barclays family with £1bn bid for Telegraph - report
First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.
Cordel inks new contracts in Mexico and Australia
Transport artificial intelligence (AI) specialist Cordel Group announced two significant contracts on Friday, expanding its global footprint.
Challenger Energy updates its financing arrangements
Challenger Energy Group updated the market on its financing arrangements on Friday, as it secured a short-term bridge loan of £0. 35m to promptly redeem the entire drawn and unconverted balance of its previously disclosed convertible loan note funding facility.
Bezant reports mineral resource estimate for Hope and Gorob
Bezant Resources unveiled the results of an updated indicated and inferred mineral resource estimate (MRE) for the Hope and Gorob copper project on Friday, located within EPL 5796 in Namibia.
Sanofi shares tank on consumer spin-off plans, Q3 profit miss
Sanofi has announced plans to split its consumer-healthcare and pharmaceutical business, as it missed profit expectations for the third quarter, causing shares to drop over 15% on Friday.
Altitude H1 results show 'significant' YOY growth
End-to-end solutions provider Altitude Group said on Friday that its interim results were expected to show "significant" year-on-year growth.
Renew acquires NDT specialist TIS Cumbria
Engineering services group Renew has acquired nuclear manufacturing and fabrication specialist TIS Cumbria for £4. 7m in cash.
NatWest shares drop to two-year low after Q3 profit miss
Shares in NatWest plunged nearly 10% on Friday after the UK bank missed expectations with its third-quarter profits and cut its full-year outlook for bank net interest margin (NIM).
Remy Cointreau cuts FY sales guidance, shares tumble
Remy Cointreau tumbled on Friday after the spirits maker downgraded its full-year sales guidance as it posted a drop in first-half revenue, highlighting a slower-than-expected recovery in the US.
Strix Group CFO to retire
Kettle safety controls group Strix Group said on Friday that chief financial officer Raudres Wong plans to step down, as it announced an agreed relaxation of its leverage covenant ratio.
Digital 9 Infrastructure considers selling Verne Global stake
Digital 9 Infrastructure said on Friday that it is assessing a potential divestment of its entire stake in Verne Global.
XP Power takes action to cut spending after profit warning
Electrical parts manufacturer XP Power, which disappointed the market earlier in the month after warning on profits due to weaker trading conditions, said it has taken "significant action" to cut costs and preserve cash.