Company News
Orosur reports progress through its second quarter
Orosur Mining updated the market on its second quarter on Friday, reporting that in Colombia, exploration activities were scaled back as it primarily focussed on regulatory compliance work.
Thruvision reports strong recent trading
Walk-through security technology specialist Thruvision reported strong order flow in a trading update on Friday, across a number of geographic markets with both new and existing customers.
Coral Products warns on revenue after recent challenges
Shares in plastic products manufacturer Coral Products were sliding on Friday, after it described a challenging trading period during December and January in an update.
Primorus shares jump on Autodesk deal to acquire Payapps
Primorus shares surged on Friday, after professional software giant Autodesk announced its intention to acquire its investee Payapps.
SkinBioTherapeutics finalises acquisition of Dermatronics
SkinBioTherapeutics announced on Friday that it has finalised the acquisition of Dermatonics, known for its topical and dermatological products within the skincare and wound care sector.
Global Petroleum inks partnership with Cynergy East Med
Global Petroleum announced a development in its efforts to explore energy opportunities in the East Mediterranean on Friday, as it entered into a partnership agreement with Cynergy East Med.
CT Automotive returns to profitability in 2023
Automotive interior component designer, developer and supplier CT Automotive said in a trading update on Friday that it returned to profitability during the 2023 financial year.
Arkle Resources reports findings from Aughrim prospecting
Arkle Resources announced significant findings from its recent prospecting activities in the Aughrim block in Ireland on Friday.
Serco shares fall on reported collapse of bid talks
Shares in Serco fell on Friday after a report that American Industrial Partners (AIP) contacted the UK government contractor about a potential bid for the company.
American Express hails 'record' revenues, shares spark
American Express forecast better-than-expected 2024 earnings on Friday, as its posted record full-year revenues.
Spirit Airlines tanks as JetBlue says merger may need to be terminated
Spirit Airlines tanked on Friday after JetBlue said their merger deal might need to be terminated.
FirstGroup buys York Pullman Bus Co for undisclosed sum
FirstGroup on Friday signed a deal to buy York Pullman Bus Company for an undisclosed sum.
Competition watchdog probes Vodafone-Three merger
The competition regulator has opened a formal investigation into the proposed £15bn merger between Vodafone Group and Three UK, it was confirmed on Friday.
Learning Technologies ends year in line with market consensus
Digital learning and talent management specialist Learning Technologies Group said in an update on Friday that it anticipated group revenues from continuing operations for the year would be at least £560m, consistent with consensus expectations for the year.
Record reports solid growth in assets under management
Currency and asset manager Record reported a significant increase in assets under management and earnings (AUME) in its third quarter on Friday, surging 17% to reach a total of $99. 5bn.
Elon Musk’s xAI in talks to raise up to $6bn - report
Elon Musk’s xAI is reportedly in talks to raise up to $6bn, as the Tesla and X chief looks to global investors, including in Hong Kong, to finance his challenge to Microsoft-backed OpenAI.
Resilient demand for luxury goods boosts LVMH
Shares in LVMH sparkled on Friday, after the world’s biggest luxury goods firm posted stronger-than-expected sales and raised the dividend.
Saga considering partnership arrangement for cruise business
Saga said on Friday that is considering options for its cruse business, including a partnership arrangement.
Car retailer Motorpoint warns on profits as sale prices drop
Nearly new-car retailer Motorpoint issued a profit warning on Friday on the back of drops in used car values and reduced selling prices in the third quarter, as the company unveiled plans to buy back up to £5m of shares.
WH Smith sales boosted by travel segment
WH Smith posted an 8% jump in total group revenues for the 20 weeks to 20 January 2024, as it hailed strong momentum in the travel business and struck an upbeat note on the outlook.