Company News
Director dealings: Sabre Insurance director raises stake
Sabre Insurance revealed on Friday that non-executive director Bryan Joseph had acquired 32,796 ordinary shares in the London-listed motor insurer.
Eurozone inflation plunges to three-year low of 2.2% in August
Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting.
Primorus Investments invests in Pri0r1ty AI
Primorus Investments announced a new strategic investment on Friday, subscribing for 18,100,000 ordinary shares in Pri0r1ty AI for £0. 3m.
SIX Group studying options for financial data arm — report
Swiss stock market operator SIX Group is said to be examining options to potentially shake up ownership of its financial data arm.
ECR Minerals mulls expansion into US helium market
ECR Minerals, an exploration and development company traditionally focused on gold in Australia, announced on Friday that its board was exploring potential investments in producing helium assets in the United States.
Longboat Energy to change name amid south east Asia focus
Longboat Energy, an exploration and production company focused on south east Asia, updated the market on its strategy and operations on Friday, and also announced a planned name change.
Falcon Oil starts 2024 Beetaloo drilling programme
Falcon Oil & Gas announced the start of its 2024 drilling programme in the Beetaloo Sub-basin of Australia’s Northern Territory on Friday, with the spudding of the Shenandoah South 2H (SS2H) horizontal well.
Hutchmed withdraws supplemental new drug application in China
Hutchmed China has voluntarily withdrawn its supplemental new drug application (NDA) in China for the use of fruquintinib in combination with paclitaxel for second-line treatment of advanced gastric or gastroesophageal junction adenocarcinoma, it announced on Friday.
German unemployment rises less than forecast in August
German unemployment rose less than expected in August, according to Federal Labour Office figures published on Friday.
Jaywing revenue falls but adjusted earnings rise
Shares in data science and marketing company Jaywing were jumping on Friday, as it reported its audited financial results for the year ended 31 March.
Bigblu revenue slips as it moves customers to higher-value packages
Bigblu Broadband reported a decline in first-half revenue on Friday, to £11. 2m from £13m in the same period last year, reflecting a strategic decision to migrate customers onto higher-value packages.
Bisichi shares rally as H1 profits jump
Shares in South African coal miner Bisichi soared by more than a third on Friday after the company reported a significant jump in half-year profits, as production more than double while costs fell.
Vela Technologies reports big drop in asset value
Vela Technologies, an AIM-listed company focussed on early-stage and pre-IPO disruptive technology investments, reported a significant decrease in its asset value for the quarter ended 30 June on Friday.
Zenova reports solid momentum as interim loss narrows
Fire safety and heat management technology specialist Zenova Group reported significant first-half strides in its interim results on Friday, despite a challenging financial backdrop.
London & Associated Properties surges on upbeat outlook, Bisichi results
Shares in London & Associated Properties surged on Friday after the real estate group reported a return to profit in the first half, while the stock was boosted by its investment in South African coal miner Bisichi.
Beowulf reports substantial first-half progress
Mineral explorer and developer Beowulf Mining reported substantial progress across its portfolio in its interim results on Friday, particularly in advancing its key projects at Gállok in Sweden and the Graphite Anode Materials Plant (GAMP) in Finland.
Ryanair board member steps down to avoid conflicts of interest
Ryanair has announced on that one of its non-executive directors has resigned after just six months on the board due to a potential conflict of interest in the coming months.
STV taps ITV's Rufus Radcliffe as its new CEO
STV Group announced the appointment of Rufus Radcliffe as its new chief executive officer on Friday, effective 1 November.