Company News
Tuesday preview: Bank of Japan, Close Brothers in focus
All eyes will be on the Bank of Japan with some traders banking on an end to its policy of negative interest rates and yield curve control.
Currys lifts annual profit guidance after bid battle
UK electrical retailer Currys lifted guidance as it reported stronger-than-expected sales since the busy Christmas period.
Faron shares jump on encouraging trial data
Faron Pharmaceuticals announced further encouraging data from the first phase of its ‘BEXMAB’ trial on Monday, targeting higher-risk (HR) myelodysplastic syndrome (MDS) patients who had failed prior hypomethylating agent (HMA) treatment.
Monzo in talks to sell stake to Singapore wealth fund - report
Digital bank Monzo is reportedly in talks to sell an additional stake to one of Singapore's sovereign wealth funds.
TruFin reports major milestone at subsidiary Playstack
TruFin updated the market on its UK-based games publishing subsidiary Playstack on Monday, reporting a significant milestone with its latest release, Balatro, surpassing one million unit sales.
Focusrite warns on FY profits amid 'challenging market conditions'
Audio products business Focusrite warned on Monday that full-year revenue and profits would be lower than consensus estimates as a result of "challenging market conditions" and continued weakness in Asia.
Chariot to review transitional power division
Chariot announced a strategic review of its transitional power division on Monday, in a move aimed at optimising its operations and maximising shareholder value.
Shuka Minerals resolves longstanding dispute with Upendo
Africa-focussed mine developer and operator Shuka Minerals said in an update on Monday that it had resolved a longstanding dispute with Upendo Group concerning its Rukwa coal mining asset.
Thruvision walk-through security system tested at SAN
Walk-through security technology company Thruvision announced the successful completion of operational test and evaluation for its ‘WalkTHRU’ system on Monday.
Phoenix Group to report one-off £70m provision in results - report
Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
Corcel reports positive findings from Canegrass lithium project
Battery metals explorer and producer Corcel updated the market on the findings of its initial exploration activities at the Canegrass lithium project in Western Australia on Monday.
Plexus swings to profit in robust first half
Oil and gas engineering service provider Plexus Holdings reported a surge in sales revenue in its interim results on Monday, to £5. 9m, compared to £0. 71m a year ago.
Logitech shares slide on surprise CFO departure
Swiss computer accessories giant Logitech surprised markets on Monday, announcing that chief financial officer Charles Boynton would depart in May, having served in the role for just over a year.
GSK unveils promising results from endometrial cancer trial
GSK unveiled promising outcomes from a phase three trial of ‘Jemperli’, or dostarlimab, in treating primary advanced or recurrent endometrial cancer on Monday.
Marlowe to return £150m to shareholders in H1
Business service and regulatory software company Marlowe said on Monday that subject to completion, proposed returns of capital were expected to commence during the first half of its FY25 financial year, beginning 1 April.
Molten Ventures to exit Perkbox investment
Venture capital firm Molten Ventures updated the market on its investment in Perkbox on Monday, after Great Hill Partners announced the merger of Vivup and Perkbox as well as an infusion of investment from the growth equity firm.
Bytes confirms Murphy's departure came amid undisclosed trading probe
Bytes Technology Group updated the market on the sudden recent resignation of its former chief executive officer Neil Murphy on Monday, confirming it came following revelations of undisclosed share transactions.
Chemring gets €66m from EU to boost shell production
UK defence contractor Chemring said it had received €66. 7m (£57m) from the European Union as part of a €513m funding round to enhance ammunition production capacity.
Celsius subsidiary granted permit for MCB project
Celsius Resources updated the market on its its flagship Maalinao-Caigutan-Biyog (MCB) mining project on Monday, reporting that the Philippine Department of Environment and Natural Resources granted its subsidiary Makilala Mining Company (MMCI) a mineral production sharing agreement (MPSA) on 15 March.
Naked Wines drafts in Interpath Advisory amid tough trading - report
Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.