News And Announcements
MTI Wireless reports big jump in half-year profits
MTI Wireless, a market leader in the manufacture of flat panel antennas for wireless broadband and irrigation solutions released its unaudited results for the first six months of the year.
Increased operating margin leads Morgan Sindall to healthy interim profits
Leading UK construction and regeneration group, Morgan Sindall announced a significant increase in profits at the half-year stage thanks to revenue growth and operating margins.
Unite requests guarantees from Nissan in wake of Sunderland operations sale
Nissan agreed to a sale and purchase agreement of its battery subsidiary Automotive Energy Supply Corporation (AESC) on Tuesday, raising concerns about jobs at the carmakers Sunderland plant.
Sports Direct jogs higher after Asics announces store partnership
Mike Ashley-owned sportswear chain SportsDirect was 3. 44% higher in afternoon trade on Tuesday after Japanese footwear brand Asics announced a new partnership with the FTSE 250-listed company.
Firestone Diamonds lowers production guidance
Firestone Diamonds revised its production guidance for the year to 30 June 2018 downwards on Tuesday, having recently started a review of its current life-of-mine plan in a bid to optimise mining operations at the Liqhobong Diamond Mine in Lesotho, of which it owns 75%.
Palace Capital makes first letting at Boulton House
Commercial property investment company Palace Capital announced on Tuesday that it has concluded its first letting at Boulton House, on Chorlton Street in Manchester, following its completion of the building's refurbishment.
Gaming Realms raises £1.13m through conditional subscription
Developer, publisher and licensor of mobile real money and social games, Gaming Realms, announced on Tuesday that it has conditionally raised £1. 13m before expenses from a number of investors, through a conditional subscription of 10,295,455 new ordinary shares of 10p each in the capital of the company at a price of 11p per subscription share.
Actual Experience receives open purchase order
Analytics-as-a-service company Actual Experience announced on Tuesday that it has received an open purchase order from one of its channel partners.
Sky's takeover by Fox faces further delays as government seeks details
Culture Secretary Karen Bradley has sought further clarification from regulator Ofcom over the possible £11. 7bn takeover of Sky by 21st Century Fox after new evidence was raised.
EC gives nod for Clinigen to update Cardioxane advice
Global pharmaceutical and services company Clinigen Group announced on Thursday that its commercial medicines operation has received European Commission approval to update the current product information for Cardioxane.
Frontier IP takes a fifth of new vaccine development firm
Intellectual property commercialisation specialist Frontier IP announced on Tuesday that it has received a 21% equity stake in the Vaccine Group, a spinout company from the University of Plymouth.
ASOS plans new Georgia outpost to capture US growth
British online fashion and beauty store ASOS hopes to have a new North American e-commerce fulfilment centre up and running before the end of next year as it continues to focus on overseas growth.
Increased renewals puts newcomer GetBusy in strong position
Document management specialists GetBusy released an impressive maiden set interim results for the first six months of 2017 on Tuesday, just days after floating on AIM.
Ofcom slaps Kcom with £900k fine over emergency-line breaches
Regulator Ofcom has fined KCOM £900,000 after uncovering "serious weaknesses" in the telecommunications company's emergency-call service.
Synthomer revenues surge in first half
Revenue surged in the first half at chemicals business Synthomer, it reported on Tuesday, rising 64. 8% at constant currency to £770. 3m, as its volumes rose 17. 5% to 730. 2 ktes.
IWG shares tumble as revenue, profits disappoint
Workspace provider IWG watched its share price tumble on Tuesday, after it reported a 6% fall in gross profits to £211. 3m in the first half, or a 13% drop at constant currencies.
Verona Pharma reports increased cash position despite losses
Verona Pharma, a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for respiratory diseases, posted an update on clinical developments along with its interim results for the six months ended June 30.
Trakm8 inks supply contract with Calor Gas
UK-based big data company, Trakm8 announced it has been awarded a five-year contract by Calor Gas UK.
InterContinental Hotels ups dividend after revpar recedes in second quarter
InterContinental Hotels Group booked investors in for a 10% interim dividend hike to make up for slower growth in revenue per available room (revpar) to 2. 1% from the 2. 7% at the start of the year.
Seeing Machines's 2H sales accelerate, full-year results seen ahead of forecasts
Seeing Machines, an industry leader in computer vision technologies announced Tuesday it was set to beat full-year earnings forecasts thanks to other income accruals and bumper Fleet sales growth.