Company News
Thursday preview: US retail sales, ITM Power in the spotlight
Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the central bank's mid-September meeting approaches.
Director dealings: Oxford Instruments CFO makes share sale
Oxford Instruments revealed on Wednesday that chief financial officer Gavin Hill had disposed of 28,071 ordinary shares in the London-listed manufacturing and research company.
Beeks gets regulatory approval for Exchange Cloud contract
Beeks Financial Cloud, a provider of cloud computing and connectivity solutions for financial markets, announced on Wednesday that it has received regulatory approval for its Exchange Cloud contract with one of the largest exchange groups globally.
TomCo subsidiary agrees to sell TSHII membership interest
US-focussed oil development group TomCo Energy announced a proposed agreement for its wholly-owned subsidiary Greenfield Energy to sell its 10% membership interest in Tar Sands Holdings II for $1. 575m.
Victoria's Secret shares jump on new CEO, strong second quarter
Shares in lingerie and fashion giant Victoria’s Secret were rising early on Wednesday, after it announced the appointment of a new CEO, and reported preliminary quarterly results ahead of its previous forecasts.
Mars to buy Pringles maker Kellanova in $35.9bn deal
Mars confirmed on Wednesday that it has agreed to buy Pringles and Cheez-It maker Kellanova in a $35. 9bn deal.
Eurozone GDP grows 0.3% in second quarter
The eurozone economy grew by 0. 3% in the second quarter on a seasonally adjusted basis, according to a flash estimate published on Wednesday.
Ixico raises expectations on new contract wins
Medical imaging advanced analytics technology company Ixico said in a trading update on Wednesday that it expected its financial performance to surpass market expectations, driven by new contract wins totaling £5. 8m since 31 March.
Playtech in talks to sell Italian unit Snaitech to Flutter, shares surge
Playtech surged on Wednesday after confirming it is in talks with Flutter Entertainment about the possible sale of its Italian business, Snaitech.
Silverbullet reports big advancements for 4D AI product
Digital transformation specialist Silverbullet announced significant advancements for its 4D AI contextual marketing product on Wednesday, through two major integration contracts.
Versarien enters community building printing contract
Advanced materials engineering company Versarien has entered into a contract with Building For Humanity CIC, it announced on Wednesday, to serve as a 'print partner' for the Charter Street project in Accrington, Lancashire.
Secure Trust Bank reports solid first-half growth
Secure Trust Bank reported a solid set of first-half financial results on Wednesday, with a 14% increase in profit before tax to £17. 1m, up from £15m in the same period last year.
Eqtec settlement with Logik moves closer to completing
Waste-to-value technology specialist Eqtec updated the market on its settlement agreement with Logik Developments and its subsidiary Logik WTE on Wednesday.
Distil exploring funding options, downgrades FY outlook
Distil downgraded its full-year outlook on Wednesday as it reported a slump in revenues and said it was "exploring funding options".
Capital sells entire shareholding in Predictive Discovery
Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47. 3m (£24. 42m).
Kenmare Resources confident despite slide in revenue, earnings
Titanium and zircon producer Kenmare Resources reported a 33% year-on-year decline in first-half revenue on Wednesday, to $154. 5m.
Molten Ventures recent exits total £124m, nears FY target
Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124. 0m, meaning the group has now almost reached its annual target.
Revenue and earnings fall for Ultimate Products
Homeware company Ultimate Products reported a 6. 5% decrease in unaudited group revenue in an update on Wednesday, to £155. 5m for the financial year just ended, from £166. 3m a year earlier.
Amaroq reports solid second-quarter operational performance
Greenland-focussed mine developer Amaroq Minerals reported liquidity of $62. 2m in its second quarter results on Wednesday, including cash balances and undrawn credit facilities, down from $96. 3m at the end of the first quarter.
Aviva H1 profits surge
Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.