Company News
Director dealings: Ascential CEO offloads shares
Ascential revealed on Wednesday that chief executive Duncan Painter had disposed of 80,610 ordinary shares in the FTSE 250-listed business-to-business media firm.
Aston Martin cuts full-year volume outlook, shares slide
Aston Martin Lagonda posted a wider-than-expected third-quarter loss on Wednesday as it downgraded its volume outlook for the year, sending shares in the luxury car maker tumbling.
Devolver Digital acquires System Era in $40m deal
Digital publisher and indie video game developer Devolver Digital announced the acquisition of System Era Softworks on Wednesday for a total consideration of up to $40m.
Creo Medical gets US FDA clearance for Speedboat UltraSlim
Medical device company Creo Medical Group announced on Wednesday that it has received 510(k) clearance from the US Food and Drug Administration (FDA) for its Speedboat UltraSlim device.
SysGroup revenue falls despite steady trading
Managed IT services provider SysGroup reported a steady first-half trading performance in an update on Wednesday, with notable growth in high-value managed IT services revenue.
Agronomics investee BlueNalu completes series B round
Cellular agriculture investor Agronomics announced a significant development in its partnership with BlueNalu on Wednesday.
Eckoh revenue falls even as total contract value expands
Customer engagement data security specialist Eckoh said in an update on Wednesday that it achieved a total contract value (TCV) of £24. 6m in its first half, marking a substantial 40% increase compared to the prior year’s first-half figure of £17. 6m.
Estee Lauder cuts outlook; cites China, Middle East risks
US cosmetics group Estee Lauder cut its full-year forecasts on Wednesday as it pointed to a slower-than-expected recovery in China.
United Oil terminates asset purchase deal with Quattro Energy
United Oil & Gas announced the termination of its asset purchase agreement with Quattro Energy on Wednesday.
OptiBiotix makes strong progress in e-commerce shift
OptiBiotix Health reported significant progress in its commercial endeavours in an update on Wednesday, as it looked to attain profitability at the business unit level, ultimately leading to overall profitability.
Toyota boosts forecasts after record quarter
Japan’s Toyota Motor Corp boosted its full-year forecasts on Wednesday, after a surge in quarterly profits.
Various Eateries trades in line with FY expectations
Leisure group Various Eateries said on Wednesday that it had traded in line with full-year expectations as the firm built upon its experiences of "navigating challenging market conditions".
Tata Steel set to confirm major job cuts - report
Tata Steel is poised to announce thousands of job cuts at its Port Talbot plant in south Wales, it was reported on Wednesday.
Bridgestone Americas takes 5% stake in Halfords software business
Halfords said on Wednesday that Bridgestone Americas will take a 5% stake in its Avayler business for $3m in cash.
UK factory output continues to slide - PMI
The UK construction sector continued to struggle in October, a closely-watched survey showed on Wednesday, with both output and new orders on the back foot.
Jubilee Metals upbeat on first-quarter progress
Jubilee Metals Group reported several operational milestones in its first-quarter update on Wednesday, with platinum group metals (PGM) production up, although chrome concentrate output slipped.
Vertu snaps up regional dealer in £6m deal
Vertu Motors has expanded further into the south west after agreeing to acquire a local dealership.
Genuit appoints Tim Pullen as CFO
Plastic piping systems manufacturer Genuit said on Wednesday that it had appointed Tim Pullen to take over as chief financial officer with immediate effect.
Smurfit Kappa shares rise as box demand stabilises
Paper-based packaging group Smurfit Kappa on Wednesday reported a further deterioration in sales in the third quarter – but shares rose strongly as the company said recent declines in box demand had started to stabilise.
Sales lose their sparkle at Gem Diamonds
Gem Diamonds reported a fall in the number of precious stones sold during the last quarter on Wednesday, as the global market continued to struggle.