Company News
Director dealings: Arbuthnot Banking chairman raises stake
Arbuthnot Banking revealed on Thursday that chairman Henry Angest had acquired 100,000 ordinary shares in the London-listed private and merchant bank.
Arm shares jump over 50% as AI demand boosts Q3 results
US-listed shares in Arm Holdings surged by more than a half on Thursday in New York after the British semiconductor company reported record revenues for its third quarter, helped by strong demand for AI applications.
ArcelorMittal shares gain on positive outlook after tough year
Shares in steel production giant ArcelorMittal gained in Amsterdam after the company pointed to a "more constructive" outlook for the industry following a challenging year in which profits shrunk by 90%.
Santander reportedly lodges complaint about Nationwide ad
Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.
Hardide narrows losses, flags plans to raise further funds
Surface coating specialist Hardide reported a 10% improvement in revenue in its preliminary results on Thursday, to a record £5. 5m, driven by robust demand in the oil and gas sector, expanded aerospace work in the fourth quarter, and successful cost inflation recovery through selling prices.
Sondrel surges on Neuralink speculation
Sondrel shares rocketed on Thursday after the Daily Mail reported that a key part of Elon Musk's Neuralink brain chip was created by the AIM-listed company, which provides "ultra-complex chips" for technology brands.
Alien Metals takes wraps off Hancock development study
Alien Metals unveiled promising outcomes of a development study on its Hancock Iron Ore Project in Western Australia's Pilbara region on Thursday.
Eco Buildings raises £0.83m to expedite modular housing production
Modular housing company Eco Buildings Group announced on Thursday that it had raised £0. 83m to help expedite the production of its modular housing units.
Xtract reports progress at Zambia joint venture
Xtract Resources updated the market on its copper exploration joint venture in Zambia with Cooperlemon Consultancy (CL) on Thursday, alongside its broader copper exploration strategy in the region.
Golden Metal investigating Pilot Mountain's garnet potential
Golden Metal Resources updated the market on its Pilot Mountain project in Nevada on Thursday, emphasising the potential of its tungsten resource and unveiling new findings around the presence of industrial mineral garnet.
DS Smith receives takeover approach from Mondi, shares surge
Packaging company DS Smith surged on Thursday after confirming it has received "a highly preliminary expression of interest" from rival Mondi.
XLMedia ends somewhat slower year as expected
Digital media company XLMedia said in a trading update on Thursday that it anticipated meeting market expectations with revenue and adjusted EBITDA for 2023.
NatWest hires UBS banker as new Coutts head
NatWest Group has named Emma Crystal as the new head of Coutts, the lender confirmed on Thursday.
Cohesity buys Veritas unit to create $7bn cyber firm
US data management company Veritas is selling its data protection unit to rival Cohesity, an American data security firm backed by SoftBank, Reuters announced late Wednesday.
Greatland Gold upbeat on recent drilling at Ernest Giles
Greatland Gold announced the conclusion of its Western Australian government co-funded drilling programme at the Meadows gold prospect on Thursday, situated within its wholly-owned Ernest Giles project.
Seeing Machines underlying revenue rises 28pc
Driver monitoring technology company Seeing Machines reported an underlying revenue growth rate of 28% for the first half on Thursday, amounting to $25. 6m, excluding one-off Magna exclusivity payments.
Ten Lifestyle inks partnership with Global Travel Collection
Ten Lifestyle Group announced a new partnership with Global Travel Collection (GTC), the world's largest collection of international luxury travel agencies, on Thursday.
Shares in Digital 9 slump as Iceland probes Verne Global sale
Shares in Digital 9 Infrastructure tumbled on Thursday after the Icelandic authorities opened an investigation into the proposed sale of Verne Global.
Revolution Beauty shares slide on FY revenue warning
Mass beauty business Revolution Beauty Group shares headed south early on Thursday after the group warned investors that full-year revenues would now be lower than previously forecast.
Unilever returns to volume growth; Unveils €1.75bn buyback
Consumer goods giant Unilever announced a €1. 5bn share buyback as it reported a return to volume growth in the final quarter of 2023, although the result was described as "disappointing" by its chief executive.