Company News
Tuesday preview: Global financial stability, RBA rate decision in focus
Investors' focus on Tuesday will be on equity markets and whether or not the rout of the last few sessions abates.
Director dealings: Wizz Air CEO makes share purchase
Wizz Air revealed on Monday that chief executive Jozsef Varadi had acquired 10,000 ordinary shares in FTSE 250-listed low-cost carrier.
Wood Group tanks as Sidara walks away
Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won’t be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
Destiny Pharma reports positive findings from XF-73 study
Clinical-stage biotechnology company Destiny Pharma announced new data on its lead drug, exeporfinium chloride (XF-73), on Monday.
Mindflair invests £0.3m in Sure Ventures
Mindflair announced a £0. 3m investment to acquire 315,790 new shares in Sure Ventures (SV) on Monday, for 95p each, increasing its stake in SV to 23. 8% from 20. 5%.
BioNTech losses more-than-quadruple in second quarter
German pharmaceutical company BioNTech reported a sharp increase in losses for its second quarter on Monday, as it pivoted away from its Covid-19 vaccine business towards cancer drug development.
Hargreaves Lansdown extends takeover deadline again
Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
Real Estate Investors 'pleased' with YTD performance
Midlands-focussed real estate investment trust Real Estate Investors said on Monday that it was "pleased" with its year-to-date performance and that it remains on track with its strategy to make targeted sales to private investors and special purchasers during 2024, repaying debt with the proceeds.
Firering inks logistics revenue agreement with commodity company
Firering Strategic Minerals announced a significant development at its advanced quicklime project in Zambia on Monday, with the signing of a logistics services revenue agreement with an unnamed multinational commodity trading company.
Touchstone considering its bid for Trinity as competing offer emerges
Touchstone Exploration updated the market on its all-share offer for Trinity Exploration & Production on Monday, after the announcement of a recommended offer by Lease Operators for Trinity.
Cornish Metals offloads Canadian royalty interests
Cornish Metals announced the successful sale of its royalty interests on the Mactung and Cantung tungsten projects in Northern Canada on Monday, to Elemental Altus Royalties.
Mars exploring acquisition of Pringles owner Kellanova - report
Food giant Mars is reportedly exploring a potential acquisition of snack maker and Pringles owner Kellanova.
Capital Metals reports progress at Eastern Minerals Project
Capital Metals, a mineral sands company nearing the mine development stage for its high-grade Eastern Minerals Project in Sri Lanka, announced a number of significant updates on Monday.
Octopus Renewables declares second-quarter dividend
Octopus Renewables Infrastructure Trust (ORIT) declared an interim dividend of 1. 51p per share for the period from 1 April to 30 June on Monday.
Regional REIT makes 'strong progress' on lettings during Q2
Regional property specialist Regional REIT said on Monday that it had made "strong progress" on lettings and disposals during the three months ended 30 June.
Kosmos Energy reports strong second-quarter production
Kosmos Energy reported net income of $60m for its second quarter on Monday, translating to 12 cents per diluted share, while on an adjusted basis, its net income reached $80m, or 17 cents per diluted share.
Woodside Energy acquires Texan lower-carbon ammonia project
Petroleum exploration and production company Woodside Energy said on Monday that it has acquired a lower-carbon ammonia project in Texas for an all-cash consideration of approximately $2. 35bn.
NewRiver reports solid quarter as it mulls offer for Capital & Regional
NewRiver REIT reported a solid first-quarter performance on Monday, maintaining a high occupancy rate of 97. 3% across its portfolio and achieving significant leasing success.
UK Oil & Gas raises £1m in discounted placing to fund hydrogen storage projects
UK Oil & Gas tumbled on Monday after it conditionally raised gross proceeds of £1m in a discounted share placing to fund hydrogen storage projects.
SocGen to sell Swiss, UK private banking arms to UBP in €900m deal
Societe Generale said on Monday that it has agreed to sell its Swiss and UK private banking arms to Union Bancaire Privée (UBP), a Swiss bank specialised in wealth and asset management, for around €900m (£770. 50m).