Market Pulse
SigmaRoc to promote deputy to CFO role on 1 January
European lime and minerals group SigmaRoc confirmed the appointment of Jan van Beek as its new chief financial officer on Thursday, effective from 1 January.
Pan African Resources upbeat as it finalises TCMG acquisition
Pan African Resources announced on Thursday that it has finalised the acquisition of Tennant Consolidated Mining Group (TCMG), integrating the operation as a wholly-owned subsidiary.
Seeen inks new partnership with US Club Lacrosse
Media and technology platform operator Seeen has inked a new partnership with US Club Lacrosse for its new On-Demand Video Platform to drive increased revenues.
Amaroq Minerals discovers high-grade gold at Eagle's Nest
Greenland-focussed mining developer Amaroq Minerals announced the discovery of high-grade gold at its Eagle's Nest exploration project on Thursday.
Serica Energy to acquire E&P assets from Parkmead Group
Independent oil and gas firm Serica Energy has agreed to acquire exploration and production assets from Parkmead Group for an initial consideration of £5. 0m.
Expanded NewRiver reports stable half-year performance
NewRiver REIT reported a solid financial position and stable operational performance for the six months ended 30 September on Thursday, following the recent acquisitions of Capital & Regional and Ellandi.
Velocity Composites delivers first post-pandemic positive adjusted EBITDA performance
Composite material kits supplier Velocity Composites said on Thursday that it delivered a positive adjusted underlying earnings performance for the first time since the Covid-19 pandemic in the 12 months ended 31 October.
Asia report: Most markets rise, Aussie unemployment surprisingly falls
Most markets in the Asia-Pacific region advanced on Wednesday, buoyed by Wall Street's overnight rally after US consumer price index inflation met expectations in November.
NWF delivers 'encouraging' headline operating profit growth
Specialist distributor NWF said on Thursday that it had delivered "encouraging year-on-year growth" in headline operating profits in the six months ended 30 November.
Diageo fizzes higher after double upgrade to ‘buy’ at UBS
Diageo fizzed higher on Thursday as UBS upgraded the shares to ‘buy’ from ‘sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
Carr's Group confident after year of transition
Carr's Group reported a 2. 7% improvement in like-for-like revenue in its full-year results on Thursday, to £148m, driven by an 18. 8% rise in the engineering division offset by a 6% decline in the agriculture division.
Van Elle H1 revenues fall as market conditions 'continue to be challenging'
Ground engineering contractor Van Elle said on Thursday that revenues were expected to have fallen in the six months ended 31 October as market conditions "continued to be challenging".
De La Rue H1 operating profit falls
Banknote printer De La Rue reported a decline in first-half operating profit on Thursday as revenue fell, with revenue from the currency segment down as a number of deliveries moved into the second half of the year.
Drax strikes multi-year supply deal with Pathway Energy
Power firm Drax has struck a multi-year deal with Pathway Energy for the supply of biomass pellets to the latter's proposed sustainable aviation fuel project in the US.
Currys swings to H1 half profit, says price rises 'inevitable' after Budget
Electricals retailer Currys said on Thursday that it swung back into the black in the first half, with a solid performance in the UK and Ireland helping to offset weakness in the Nordics.
London open: FTSE nudges up ahead of ECB announcement
London stocks nudged up in early trade on Thursday as investors eyed the latest policy announcement from the European Central Bank.
Bodycote lays out new strategy, maintains expectations
Heat treatment and specialist thermal processing specialist Bodycote unveiled a strategy to drive growth, operational performance and sustainability on Thursday.
Botswana Diamonds discovers seven significant kimberlite anomalies
Botswana Diamonds announced the discovery of seven significant kimberlite anomalies in Botswana on Thursday, marking a major development in its exploration efforts.
London pre-open: Stocks to nudge up ahead of ECB announcement
London stocks were set to nudge up at the open on Thursday as investors eyed the latest policy announcement from the European Central Bank.
Thursday newspaper round-up: Post Office, Vestas, McLaren
The police criminal inquiry into the Post Office has identified dozens of persons of interest so far, as a team bolstered to 100 officers investigates the actions of executives, legal teams and civil servants connected to the Horizon IT scandal. The investigation, which the police describe as unprecedented in size and scale, is in the first instance examining potential offences of perjury and perverting the course of justice by those involved in making “key decisions” on Post Office investigations and supporting prosecutions of branch owner-operators.