News And Announcements
Ideagen secures contract win worth $1.6m
AIM-listed Ideagen has secured a contract from a "global leader" in the petrochemical industry worth an initial $1. 6m.
Telit issues another profit warning amid major board changes
Telit Communications issued another profit warning on Thursday, reporting that pressure on gross profit margins stemming from the transition from 2G and CDMA products toward LTE products had been greater than expected.
Majestic Wine toasts strong growth in first half
Majestic Wine said it was on track to meet expectations for annual profit after notching up strong growth in the first half.
Centrica warns annual profit will miss expectations
Centrica shares plunged to an 18-year low after the energy supplier warned annual profit would miss market expectations due to poor performance at its business energy supply division.
Blur Group making 'steady progress' as profit and revenue rise
AIM-listed Blur Group said on Thursday that it is making 'steady progress', with gross profit and revenue in the third quarter ahead of the first half.
Gem Diamonds recovers high quality 202 carat diamond from Letseng
Gem Diamonds has recovered a high quality 202 carat, D colour type IIa diamond from its Letseng mine in Lesotho.
Cineworld takings rise as chain opens more cinemas
Cineworld has reported box office and retail takings up this year after the chain opened and refurbished more cinemas.
Caledonia Investments makes decent progress despite market struggles
Caledonia Investments reported a 2. 7% decline in net assets in its first half on Thursday, to £1. 85bn, with net asset value per share also down, dipping 2. 9% to 3,298p.
Unite secures new £500m debt facility
Unite Group has secured a new £500m unsecured debt facility from HSBC and RBS that provides additional financial headroom for its development pipeline and greater financial flexibility.
Rotork order growth accelerates in third quarter
Growth in customer orders sped up at Rotork in the third quarter as the industrial valves specialist benefited from continued improvement in upstream and downstream oil and gas markets.
Grainger forward-funds £28m development in Birmingham
Listed residential landlord Grainger has exchanged contracts with Blackswan Property to forward-fund and acquire a private rented sector build-to-rent development in Birmingham, it announced on Thursday.
GlaxoSmithKline and Innoviva seek to broaden Trelegy Ellipta indication
GlaxoSmithKline, along with its partner Innoviva, announced the filing of a supplemental New Drug Application (sNDA) with the US Food and Drug Administration on Thursday, for the use of Trelegy Ellipta (fluticasone furoate/umeclidinium/vilanterol).
Severn Trent ups incentives guidance after 'great' first half
Severn Trent lifted its forecast for regulatory incentives after a strong first half of the year, where a solid increase in sales and good growth in underlying earnings prompted the water and waste supplier to hike the dividend 6. 2%.
Paragon Banking profit up amid growth across business lines
Paragon Banking Group posted a rise in full-year profit on Thursday thanks to a solid performance across its business lines.
Moody's upgrades Vedanta Resources's corporate family rating
Moody's upgraded the corporate family rating (CFR) of mining group Vedanta Resources on Monday as stabilising commodity prices looked set to enhance the company's EBITDA and cash flow generation.