Company News
IQE launches strategic review as FY revenues set to be flat
IQE said on Monday that it was launching a strategic review of its assets and considering a sale of its Taiwanese division, as it warned that revenue for the full year was set to be flat amid "weak" consumer demand in end markets.
FDM says full year to be in line with expectations
FDM Group said on Monday that its full-year performance was set to be in line with its expectations, despite continuing market uncertainty.
Begbies Traynor delivers 'strong financial performance' in H1
Corporate restructuring firm Begbies Traynor said on Monday that it had delivered a "strong financial performance" throughout H1, with double-digit revenue and profit growth.
AstraZeneca's Tagrisso recommended for EU approval
Drugmaker AstraZeneca said on Monday that its Tagrisso asset had received a recommendation for EU approval on the back of LAURA Phase III trial results, which revealed it had extended median progression-free survival to more than three years.
LondonMetric offloads £58m more non-core assets
Real estate group LondonMetric Property has continued its capital recycling strategy with the sale of £58m-worth of non-core assets and the acquisition of a retail park in Essex.
Elementis CEO Waterman to step down
Elementis announced on Monday that its chief executive officer Paul Waterman would step down following nine years at the helm.
Resolute Mining to pay Mali govt $160m after CEO, execs detained
Australia’s Resolute Mining, whose executives have been detained in Mali over a tax row, said it had agreed to pay $160m as part of a deal to free them.
Judges Scientific cuts profit targets due to order delays
Scientific instrument company Judges Scientific has slashed its profit guidance for the full year on the back of delays in the timing of certain orders.
Halma buys medical device firm Lamidey Noury
Safety equipment maker Halma has announced it is buying Lamidey Noury Medical, a Paris-based manufacturer of medical technology devices, for €50m.