Market Pulse
Oxford Biomedica appoints new finance chief
Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica announced the appointment of Lucinda ‘Lucy’ Crabtree as its new chief financial officer and a member of the board on Wednesday.
Niox revenue, earnings grow in H1
Medical devices business Niox said on Wednesday that both revenues and underlying earnings had grown in the six months ended 30 June.
Pernod Ricard to sell international wine brands to Accolade Wines owner
Pernod Ricard said on Wednesday that it has agreed to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors and owner of Accolade Wines.
Asia report: Markets mixed as Japan manufacturing confidence rises
Asia-Pacific markets displayed a mixed performance on Wednesday, with Australia's benchmark surging to an all-time high, buoyed by strong performances in several key sectors.
Kenmare reports decent half-year production figures
Titanium and zircon producer Kenmare Resources updated the market on operations at the Moma Titanium Minerals Mine in northern Mozambique on Wednesday, reporting significant year-on-year improvements in a number of key metrics.
Helical reports solid development and letting progress
Helical updated the market on its recent trading on Wednesday, reporting significant advancements in its development projects, lettings, sales, and financial performance.
Hvivo delivers record revenues in H1, reiterates FY guidance
Contract research organisation Hvivo restated full-year guidance on Wednesday as the group revealed it had delivered record revenues in H1.
London open: Stocks nudge lower after inflation data
London stocks nudged down in early trade on Wednesday as investors mulled the latest UK inflation figures, with sticky services inflation dampening hopes of a rate cut in August.
Smiths Group sells down stake in ICU Medical
Smiths Group announced the sale of 1. 2 million shares in ICU Medical on Wednesday, amounting to roughly 4. 9% of ICU Medical’s issued share capital.
Team17 sees FY in line with market views
Team17 said on Wednesday that it has traded in line with management expectations in the first half.
Mitie to buy ESM Power for up to £8.5m
Mitie said on Wednesday that it has agreed to buy ESM Power, a high voltage electrical engineering business specialising in grid and power connections, for up to £8. 5m.
London pre-open: Stocks seen up as investors mull inflation data
London stocks were set to rise at the open on Wednesday as investors mulled the latest UK inflation figures.
Wednesday newspaper round-up: Harland & Wolff, Octopus Energy, Microsoft
Local councils will have to adopt mandatory housing targets within months under planning reforms to be unveiled on Wednesday as part of Keir Starmer’s first king’s speech, which the prime minister says will be focused on economic growth. Starmer will introduce a package of more than 35 bills on Wednesday, the first Labour prime minister to do so in 15 years, as he looks to put the economy at the centre of his first year in office. – Guardian.