Company News
Alba reports progress at Clogau-St David's Gold Mine
Alba Mineral Resources updated the market on its activities at the Lower Llechfraith workings within the Clogau-St David's Gold Mine in north Wales on Friday, and advancements across the broader Dolgellau Gold Belt.
Zephyr starts drilling activities at Paradox Basin well
Rocky Mountains-focussed oil and gas operator Zephyr Energy announced the start of drilling activities at the State 36-2R well at its primary project in Utah's Paradox Basin on Friday.
Trakm8 shares slide as it lowers expectations
Shares in fleet management, insurance telematics and connected vehicle technology specialist Trakm8 were sliding on Friday, after it warned that the conclusion of a large contract deal would slip into next financial year.
Cadence Minerals upbeat on capex optimisation work
Cadence Minerals announced the culmination of its capital expenditure optimisation programme at the Amapá Iron Ore Project on Friday, marking a significant milestone towards operational efficiency and sustainability.
Light Science Technologies enters Defra-funded collaboration
Light Science Technologies announced its participation in a 12-month collaboration funded by the Department for Environment, Food and Rural Affairs (Defra) and Innovate UK's Transforming Food Production Challenge on Friday, with a total value of £0. 23nm.
Billington order book at record high with six new contracts
Structural steel and construction safety specialist Billington announced the acquisition of six significant contracts on Friday, with a cumulative value of £90m.
Tesla cuts production at China plant - report
Tesla has reportedly cut production at its plant in China amid sluggish growth in electric vehicle sales and intense competition in the world’s biggest auto market.
Roadside Real Estate joint venture buys third property
Roadside Real Estate announced Friday that it has completed its third acquisition under its joint venture with Meadow Partners, focussed on UK-based roadside real estate assets.
Shares in Galderma jump on market debut
Shares in Switzerland’s Galderma jumped on Friday, as trading got underway in the dermatology specialist.
Gemfields set to swing to loss in 2023
Coloured gemstone specialist Gemfields said in a trading update on Friday that its two primary operating assets, Kagem and MRM, contributed revenues of $89. 9m and $151. 4m respectively in 2023, a slight decrease from the prior year.
Paddy Clanwilliam resigns from Angus Energy board
Angus Energy announced the resignation of Patrick ‘Paddy’ Clanwilliam from his position as non-executive chairman on Friday.
Elliott Management takes 5% stake in Scottish Mortgage
US activist investor Elliott Management has taken a 5% stake in Scottish Mortgage Investment Trust.
Legal & General scales back China plans - report
UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.
Santander on track to return €6bn to shareholders
Spain’s Banco Santander said on Friday it was on track to return more than €6bn to shareholders in 2024, following a strong start to the year.
FedEx shares hit three-year high after Q3 beat, $5bn buyback plan
FedEx shares were soaring in pre-market trade on Friday after the delivery and logistics giant lifted its 2024 guidance and unveiled plans to buy back $5bn of shares following a better-than-expected third quarter.
Bahrain's Mumtalakat fund takes control of McLaren - report
The sovereign wealth fund of Bahrain has taken full ownership of supercar manufacturer McLaren, according to Sky News.
Froth comes off Wetherspoon despite jump in first-half profit
Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like-for-like sales up 5. 8% in the seven weeks to March 17.
888 shares rise as Gambling Commission finishes licence review
Gambling operator 888 Holdings announced on Friday that it has received notice from the Gambling Commission that it had completed its review of the group's operating licences under the Gambling Act 2005.
Computacenter chair to step down after five years
Computacenter's chair of five years Peter Ryan has announced his intention to step down from the head of the board, the tech services company said on Friday.
Aston Martin Lagonda appoints Bentley's Adrian Hallmark as CEO
Aston Martin Lagonda on Friday announced Bentley Motors boss Adrian Hallmark would join the luxury car maker as chief executive officer by October this year.