Company News
Friday preview: BoE and BoJ governors, Fed's Powell in focus
Investors' focus at the end of the week will be on the Jackson Hole Economic Symposium, with the governors of the Bank of England, Bank of Japan and the President of the US Federal Reserve due to deliver speeches.
Director dealings: Big Technologies CEO raises stake
Big Technologies revealed on Thursday that chief executive Sara Murray had acquired 100,000 ordinary shares in the AIM-listed technology firm.
Peloton shares bounce after first quarterly growth in two years
Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years.
Novacyt recovers £12.2m in VAT after settling DHSC dispute
Molecular diagnostics company Novacyt announced the successful recovery of £12. 2m in VAT from HM Revenue and Customs (HMRC) on Thursday.
Escher Group said to be plotting return to London stock market
Escher Group, a supplier of software to post offices around the world, is reportedly plotting a return to the London stock market six years after it was taken private.
Advance Auto Parts to sell Worldpac to Carlyle for $1.5bn
Advance Auto Parts said on Thursday that it has agreed to sell Worldpac, its automotive parts wholesale distribution business, to private equity firm Carlyle for $1. 5bn in cash.
Guardian Metal reports positive drilling progress at Pilot Mountain
Nevada-focussed strategic mineral explorer Guardian Metal Resources updated the market on drilling at its flagship Pilot Mountain Project on Thursday, located in the Walker Lane Mineral Belt.
Empire Metals confirms high-purity anatase at Pitfield Project
Resource explorer and developer Empire Metals announced a significant update on its recently-discovered titanium dioxide mineral deposit at the Pitfield Project in Western Australia on Thursday.
Anglo Asian announces production guidance as it raises tailings capacity
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced its production guidance for the full year on Thursday.
Petro Matad upbeat on recent operational progress
Mongolian oil company Petro Matad updated the market on its operations on Thursday, highlighting the successful re-entry and completion of the Heron-1 oil discovery well, as well as plans for its upcoming 2024 drilling programme.
Calnex confident in outlook as it launches new products
Telecommunications test and measurement and cloud computing specialist Calnex Solutions reported significant advancements in product development and strategic initiatives in an update on Thursday, despite ongoing challenges in the telecoms sector.
Ariana outlines reorganisation of Turkish assets
Mineral explorer and developer Ariana Resources announced the successful reorganisation of its interests in Türkiye on Thursday, following completion of a merger between Zenit and Pontid.
Deutsche Bank reaches settlement with more than half of Postbank claimants
German lender Deutsche Bank has reached settlements with over half of claimants in its more than a decade-long Postbank litigation and now expects to report a €430. 0m boost to Q3 pre-tax profits.
Nexxen reports solid first-half performance
Advertising technology specialist Nexxen International reported a robust financial performance for the second quarter on Thursday, marked by record highs in several key areas.
Macfarlane Group confident despite fall in revenue, earnings
Macfarlane Group reported an 8% drop in first-half group revenue on Thursday, to £129. 6m, down from £141. 6m in the first six months of 2023.
S&P Global upgrades credit rating for Rolls-Royce
Credit ratings agency S&P Global has upgraded its view on aerospace engineer Rolls-Royce by one notch on the back of the group's rising profitability, strong cash generation and deleveraging.
Mears Group launches new £20m share buyback programme
Housing and care service specialist Mears Group announced the launch of a new share buyback programme on Thursday, worth up to £20m.
Ithaca Energy earnings slide amid production decrease
Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979. 7m in the first half of last year.
Gateley appoints Edward Knapp as its next chair
Professional services firm Gateley announced the appointment of Edward Knapp as an independent non-executive director and its chair designate on Thursday.
Ebiquity H1 revenue down, warns on FY profits
Marketing and media consultancy Ebiquity said on Thursday that both revenue and adjusted underlying earnings had fallen in the six months ended 30 June, leading it to warn on FY profits.