Company News
Director dealings: Tullow Oil director makes share purchase
Tullow Oil revealed on Friday that non-executive director Roald Goethe had acquired 300,000 ordinary shares in the FTSE 250-listed exploration firm.
Revolut valued at $45bn after secondary share sale
British fintech firm Revolut reached a valuation of $45bn, it was reported on Friday, after a secondary share sale involving new and existing investors.
PwC fined £15m over failure to report London Capital & Finance suspicions
The Financial Conduct Authority has fined PwC £15. 0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
CMA identifies ‘significant’ concerns over infant formula market
The Competition and Markets Authority said on Friday that it will press ahead with its study of the infant formula and follow-on market after finding earlier this year that prices remained at historically high levels.
Bayer shares jump on court win in Roundup case
Shares in German chemicals maker Bayer surged on Friday after a US appeals court said it was protected under federal law which would limit liability from claims that its Roundup weed killer causes cancer.
Biome Technologies launches heavily discounted placing, shares tank
Shares in bioplastics and radio frequency technology business Biome Technologies tanked early on Friday after the group launched a heavily discounted equity round in an effort to fight off liquidation.
Anglesey Mining submits environmental impact scoping report
Anglesey Mining announced a significant milestone for its Parys Mountain project on Friday, with the submission of an environmental impact assessment (EIA) scoping report to the North Wales Minerals and Waste Planning Service on 31 July.
Simec Atlantis Energy granted Green Economy Mark
Simec Atlantis Energy announced on Friday that it has been granted the Green Economy Mark by the London Stock Exchange.
Robinson to pay interim dividend slightly earlier
Robinson, a custom manufacturer of plastic and paperboard packaging based in Chesterfield, announced a change to the payment date of its interim dividend on Friday.
LungLife test secures Medicare coverage determination
Lung cancer diagnostic technology developer LungLife AI announced the finalisation of Medicare coverage for its molecular risk-stratification test, LungLB, aimed at evaluating indeterminate pulmonary nodules, on Friday.
AstraZeneca's Imfinzi gets fresh approval in the US
AstraZeneca announced on Friday that the US Food and Drug Administration (FDA) has approved its drug durvalumab, branded Imfinzi, for the treatment of early-stage non-small cell lung cancer (NSCLC) in patients eligible for surgery.
Botswana Diamonds launches AI analysis on its vast database
Botswana Diamonds announced the start of a new programme using artificial intelligence (AI) on Friday, to analyse its extensive diamond exploration database in Botswana.
Limited share liquidity sees GlobalData amend buyback programme
GlobalData announced a modification to its £10m share buyback programme on Friday, designed to return surplus capital to shareholders.
GSK to seek dismissal of Zantac Florida case as court rejects testimony
UK pharma giant GSK has welcomed a US court ruling excluding expert testimony in the long-running Zantac lawsuit where the plaintiffs allege the heartburn drug caused cancer and said it would now ask for the case to be dismissed.