Company News
Director dealings: Watches of Switzerland chairman makes share purchase
Watches Of Switzerland Group revealed on Friday that chairman Ian Carter had acquired 50,000 ordinary shares in the London-listed watchmaker.
Entain jumps as US JV BetMGM signs exclusive partnership with X
Entain shot higher on Friday afternoon after its US joint venture with MGM Resorts, BetMGM, struck a partnership with social media platform X to become its exclusive live odds sports betting partner.
Judge approves Woodford settlement scheme
A potential line was drawn under the long-running Woodford funds scandal on Friday, after a high court judge approved a scheme to return money to investors.
Owens Corning to buy Masonite in $3.9bn deal
US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3. 9bn deal.
Schroders Capital GIT joins Neurona Therapeutics funding round
Schroders Capital Global Innovation Trust announced an investment of $1. 6m (£1. 3m) in Neurona Therapeutics, a prominent US-based clinical-stage cell therapy company, on Friday.
Belluscura bid for TMT Acquisition goes unconditional
Belluscura announced on Friday that the all-share offer for the acquisition of TMT Acquisition had gone unconditional.
Panthera shares rise as Moydow exercises Wuo Land 2 option
West Africa and India-focussed gold explorer and developer Panthera Resources announced on Friday that Moydow Holdings has chosen to exercise its exclusive option to acquire the Wuo Land 2 exploration licence, a part of the Cascades Project in Burkina Faso.
Intelligent Ultrasound unveils portable 'NeedleTrainer Plus'
Intelligent Ultrasound announced a new product on Friday, the portable ‘NeedleTrainer Plus’ ultrasound-guided needling training simulator, catering to the demands of military field-based hospitals and clinical networks in remote areas.
Ubisoft shines as bookings beat forecasts
Shares in Ubisoft Entertainment powered up on Friday after the French gaming firm reported above-forecast quarterly bookings.
Kinovo warns of delays as legacy project costs surge
Property services group Kinovo warned on Friday that costs associated with legacy projects had surged as a result of several delays.
Symphony confident despite court ruling on oxo-degradable plastics
Symphony Environmental Technologies updated the market on Friday on the judgement of the General Court of the European Union, delivered on 31 January, around an EU directive prohibiting oxo-degradable products that do not properly biodegrade.
Ethernity appoints new VP of marketing and business development
Data processing technology specialist Ethernity Networks announced the appointment of Ilan Tevet as its new vice-president of marketing and business development on Friday.
Coloplast shares surge as Danish medtech group delivers strong Q1
Danish medical device group Coloplast saw shares surge over 8% in Copenhagen on Friday after the company delivered high single-digit growth across all areas of the business in the first quarter.
Premier African Minerals announces new Zulu resource estimate
Premier African Minerals announced an update to its Zulu lithium and tantalum project on Friday, with the release of a new SAMREC-compliant mineral resource estimate, replacing the previous estimate issued in June 2017.
L'Oreal slumps as Q4 sales miss expectations
L’Oreal shares slumped on Friday after the cosmetics group posted lower-than-expected fourth-quarter sales.
Renalytix shares jump on draft US Medicare coverage decision
Renalytix shares were rocketing on Friday morning, after it announced that the Centers for Medicare and Medicaid Services (CMS) in the US had published a draft local coverage determination (LCD) for its ‘KidneyIntelX’ and ‘kidneyintelX. dkd’ testing products, outlining the coverage and pricing for the tests.
Hermes sees sales and profits surge, shares jump
Shares in Hermes International sparked on Friday after the French luxury goods firm posted strong sales growth and record profitability.
Bezant progresses towards mining licence at Hope and Gorob
Bezant Resources updated the market on its Hope and Gorob copper-gold project on Friday, located within EPL 5796 in central Namibia.
Tesco sells most of banking unit to Barclays for £600m
UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.
Kore Potash gets draft EPC proposal for Kola Project
Kore Potash announced a significant milestone in its potash development on Friday, with the recent delivery of an engineering, procurement and construction (EPC) proposal and draft contract by PowerChina International Group.