News And Announcements
Motor insurance prices 'likely to stay flat', Deutsche upgrades Admiral
Motor insurance pricing is set to hold steady as companies benefit from another shift in the sector's dynamics, Deutsche Bank said as it recommendation on Admiral and kept Direct Line and Esure at 'buy'.
FastForward Innovations completes sale of Moon Active stake
AIM-listed FastForward Innovations has completed the sale of its entire stake in investee company Moon Active for $750,000, or around £582,750.
Hiscox sees Hurricane Harvey claims at $150m
Insurer Hiscox said on Monday that it expects to see claims of around $150m as a result of Hurricane Harvey.
Amino Technologies wins contract with Deutsche Glasfaser
AIM-listed Amino Technologies has been chosen by German fibre-to-the-home provider Deutsche Glasfaser to support the second phase rollout of its next-generation TV platform.
Beximco begins export of Olopatadine to Canada
Generic pharmaceutical products manufacturer Beximco Pharmaceuticals announced on Monday that it has commenced the export of Olopatadine, an ophthalmic product for treating the symptoms of eye allergy, to Canada.
Gama Aviation responds to report of legal action
Gama Aviation responded to a press report over the weekend regarding legal action between the company and one of its former directors, Dustin Dryden.
Landore identifies 'potential resource' at BAM gold zone
Landore Resources issued a progress report on extension drilling of the BAM East Gold Project on its Junior Lake Property, Ontario, Canada on Monday, explaining that drilling at the original BAM Zone has “successfully identified” a potential resource with similar lithology and grades to the BAM East Gold Deposit located 1000 metres along strike to the east.
Kibo reaching 'tipping point' with Mbeya project
Tanzania-focussed mineral exploration and development company Kibo Mining announced on Monday that it has made “considerable progress” in both securing project financing and progressing the power purchase agreement with Tanzania's sole energy provider, Tanzania Electric Supply Company, in relation to its “advanced” Mbeya Coal to Power Project.
Clear Leisure swings to profit as net asset value surges
Clear Leisure announced its unaudited interim results for the six months to 30 June on Monday, reporting a profit before tax of €2. 14m.
BAE Systems takes off after Typhoon deal signed with Qatar
BAE Systems will assemble 24 Typhoon fighter jets to be supplied to Qatar after Defence Secretary Michael Fallon signed a first major arms deal with the Gulf state.
Dairy Crest profits as cheesy feats offset higher cream costs
Dairy Crest Group reported cheese sales volumes and values in the six months to September are ahead of last year, with profit also increased.
Esure rallies on stake sale speculation
Insurer Esure rallied on Monday following a report that its founder, Sir Peter Wood, was looking to sell his stake in the company.
Syncona's Autolus begins three T-cell cancer trials
One of Syncona's portfolio investments has begun three clinical trials to test the ability of its engineered T-cell therapies in combatting cancer.
Petra Diamonds earnings sink despite improved revenue
Petra Diamonds posted an 11% improvement in revenue for the year in its preliminary results on Monday, to $477m, while its adjusted EBITDA fell 4% to $167. 2m.