Company News
Government contractor ISG files for administration
Construction giant ISG has gone into administration, it emerged on Friday, putting thousands of jobs at risk.
GENinCode enters collaboration with US Family Heart Foundation
GENinCode announced a collaboration with the Family Heart Foundation, UT Southwestern, and other partners on Friday, to implement its LIPID inCode genetic test for diagnosing familial hypercholesterolemia (FH) in primary and secondary care settings across the United States.
Catenai reports higher revenue, narrower loss in first half
Catenai, a provider of digital media and technology solutions, reported a significant improvement in its financial performance for the first half on Friday.
Steppe Cement swings to first-half loss
Steppe Cement reported a 7% decrease in first-half revenue on Friday, to $34. 4m, compared to $36. 9m in the same period last year.
Volution to buy Fantech Australasia for up to AUD280m
Volution said on Friday that it has agreed to buy Fantech Group in Australasia from Elta Group for up to AUD280m (£144m).
CleanTech announces delay to planned ASX listing
CleanTech Lithium, a company focused on developing lithium projects in Chile, announced a delay in its planned listing on the Australian Securities Exchange (ASX) on Friday, due to procedural issues.
Zinnwald reports first-half progress at lithium project
Zinnwald Lithium reported significant advancements in its lithium development project in Germany in its interim results on Friday.
Concurrent Technologies refreshes brand identity
Concurrent Technologies, a designer and manufacturer of advanced computing products for high-performance markets, announced the launch of a new website and an updated corporate branding on Friday.
Nike shares jump as CEO John Donahoe steps down
Nike's share price was set to surge on Friday morning after the news that boss John Donahoe is to step down next month amid the sports apparel giant's struggles to regain momentum in key markets.
Summer weather helps retail sales surge
Retail sales hit their highest level in more than two years in August, official data showed on Friday, beating expectations.
Dr Martens tumbles as investor sells 70m shares in placing
Dr Martens tumbled on Friday after an unnamed investor sold around 70m shares in the iconic boot maker in a placing.
Biome Technologies reports fall in revenue, profit
Biome Technologies reported a significant drop in first-half revenue and profit on Friday, with group revenue falling to £2. 3m from £3. 6m in the first half of 2023, while gross profit decreased to £0. 8m from £1. 1m.
SDX Energy renegotiating facility agreement with Aleph Finance
SDX Energy announced on Friday that it is renegotiating the terms of its recently-signed new facility agreement with Aleph Finance.
Pressure Technologies FY results seen 'slightly below' previous guidance
Specialist engineering group Pressure Technologies warned on Friday that its full-year performance was now expected to be "slightly below" previous guidance.
Primorus increases investment in Australian firm Fresho
Primorus Investments announced an additional investment in Fresho on Friday, acquiring 1,254,469 preference shares at a price of AUD 1. 15 (59p) per share.
Iofina posts record first-half revenue but profits fall
Iodine production specialist Iofina announced record first-half revenue on Friday, of $26m, a 7% increase compared to the same period last year, although its profits fell.
Thames Water starts cash talks as it battles to stay afloat
Crisis-struck Thames Water has started discussions with stakeholders about releasing more cash reserves, it was confirmed on Friday, as it battles to stay afloat.
Eco Buildings receives preliminary order from Albanian customer
Modular housing company Eco Buildings Group has received a preliminary order of 5,000 square metres of walling from R&T Sh. p. K. for installation as a permanent perimeter wall around a residential tourist site in Albania.
Bridgepoint slumps as shareholders place 14.7m shares
Bridgepoint slid on Friday after a group of 103 current and former employees and some related entities sold 14. 7m shares in a placing.
Mercedes-Benz shares drop as China weakness prompts profit warning
Shares in Mercedes-Benz Group tanked on Friday after the German auto giant scaled back its full-year guidance due to ongoing struggles in the Chinese market.