Company News
Tuesday preview: US factory sector, Ashtead in the spotlight
Investors' focus on Tuesday will be on the US manufacturing sector.
Kainos shares slump after revenue warning
IT provider Kainos said it expected full-year revenues to be below market forecasts due to the tougher trading environment in services as clients delayed decisions on projects, but adjusted pre-tax profit would be in line with consensus estimates.
Director dealings: Restore CEO ups stake
Restore revealed on Monday that chief executive officer Charles Skinner had acquired 100,000 ordinary shares in the AIM-listed records management company.
HPE to pursue up to $4bn from Mike Lynch estate - reports
Hewlett Packard Enterprise (HPE) will continue its pursuit of up to $4bn in damages from the estate of the late Autonomy founder Mike Lynch, it emerged on Monday, despite his recent death.
Eden Research product granted temporary approval in Greece
Sustainable biopesticide developer Eden Research announced on Monday that its Cedroz product has been granted temporary approval in Greece for the 2024 growing season.
Intercede secures orders and renewals worth over $1.5m
Cybersecurity software company Intercede Group announced the securing of contract orders and subscription renewals on Monday, exceeding $1. 5m.
MTI Wireless Edge receives order from biggest defence client
Communications firm MTI Wireless Edge said on Monday that its MTI Summit subsidiary has received a new order from its biggest customer in the defence sector.
Ashtead Technology reports record first-half
Offshore equipment subsea equipment rental and solutions specialist Ashtead Technology reported record financial results for the first half of 2024 on Monday, driven by strong demand across both offshore renewables and oil and gas sectors.
Phoenix's Aurora Trust proposes merger with Artemis Alpha
Phoenix’s Aurora Investment Trust has proposed a merger with the Artemis Alpha Trust, it was reported on Monday, aiming to consolidate £353m in assets.
Judges Scientific appoints new group commercial director
Judges Scientific, a company specialising in acquiring and developing businesses within the scientific instrument sector, announced the appointment of Dr Ian Wilcock to its board as group commercial director on Monday.
Ethernity confident despite delay in US aerospace contract approval
Data processing and semiconductor technology provider Ethernity Networks updated the market on its $1. 05m contract with a tier-one US-based aerospace system products provider on Monday.
SigmaRoc completes final acquisition of three-part strategy
Northern Europe-focussed lime and minerals group SigmaRoc announced on Monday that it has completed the acquisition of CRH’s Polish lime operations.
Sareum granted US patent on autoimmune therapeutic candidate
Clinical-stage biotechnology company Sareum Holdings announced on Monday that it has received a notice of allowance from the US Patent and Trademark Office (USPTO) for its patent on SDC-1801, a dual TYK2/JAK1 kinase inhibitor.
New Tristel CEO starts work, executive director leaves board
Infection prevention products manufacturer Tristel confirmed on Monday that Matt Sassone had officially assumed the role of chief executive officer, following the retirement of Paul Swinney.
UK manufacturing sector grows at fastest pace in more than two years
UK manufacturing activity grew at its fastest pace in more than two years in August, according to a survey released on Monday.
Downing Renewables to acquire three Swedish hydropower plants
Downing Renewables & Infrastructure (DORE) announced its commitment to acquire three hydropower plants in Sweden on Monday, expanding its renewable energy portfolio.
Vertu Motors H1 profits held back by soft new car market
The share price of Vertu Motors was in reverse on Monday after the car dealer reported a weaker environment for new car sales, which it said was offset by resilient pricing in the used vehicle market.
Feedback secures funding to extend Oldham CDC pilot
Clinical infrastructure specialist Feedback announced the securing of further funding on Monday, to extend its Community Diagnostic Centre (CDC) pathway pilot at the Northern Care Alliance NHS Foundation Trust (NCA) site in Oldham.
Big Yellow gets planning approval for two London projects
Self-storage operator Big Yellow Group announced progress on two major London projects on Monday, securing planning consent for a total of 307,000 square feet of storage space across two locations.
LondonMetric buys seven warehouses, sells off more non-core assets
LondonMetric, the FTSE 250-listed real estate group, has announced a shake-up of its portfolio which includes £70m of warehouse acquisitions and £50m of non-core disposals.