News And Announcements
Network Rail CEO Mark Carne to retire later this year
Mark Carne, the chief executive of Network Rail has decided to retire from the company later on this year.
Directa Plus product launched in two new textile collections
Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, announced the launch of two new textile collections on Tuesday, containing the company's Graphene Plus (G+).
Tribal Group begins collaboration with Microsoft
Educational software and services provider Tribal Group announced on Tuesday that is collaborating with Microsoft to enable the organisation to expand the number of educational institutions and students that can access its student information systems.
Windar Photonics signals record year in 2017
Windar Photonics updated the market on its trading for the 12 month period to 31 December on Tuesday, reporting that overall, the company continued to make “good progress” in all of its important key areas.
Cronin Group signs up two more firms to evaluate 'DigitalGlassware'
Cronin Group announced on Tuesday that it has entered into memoranda of understanding with two unnamed leading international life science reagent and chemicals manufacturers.
Dolphin Capital agrees to dispose of Triopetra project
High-end residential resort investment company Dolphin Capital Investors announced on Tuesday that, in line with its strategy to realise value through an orderly sale of assets, it has entered into an agreement for the disposal of its 100% interest in the Triopetra project - its development project in the southern side of Rethymno prefecture, Crete - to Deniage, a Cyprus entity affiliated with a large Saudi Arabian investment group.
Redx Pharma begins next study for RXC004
Drug discovery and development company Redx Pharma announced on Tuesday that it has commenced its Phase 1/2a study for the Porcupine inhibitor RXC004, with the first patient having now been dosed at The Christie in Manchester.
Elon Musk to send his Tesla Roadster into space on Tuesday
Tesla owner Elon Musk is sending the world’s most powerful rocket, the Falcon Heavy, into space on Tuesday to test its lift capacity which is designed to be double that of any current launcher.
Director dealings: Incoming Dunelm CEO picks up almost £250,000 in shares
Nick Wilkinson, who was confirmed as chief executive of British homewares retailer Dunelm last week, picked up 38,855 ordinary shares in the group on Tuesday in a display of his commitment to the company.
MPs ask Carillion bosses to pay back bonuses after company's collapse
Former chief executive and chairman of Carillion apologised to MPs for the collapse of the construction and support services company and the effect on workers, pensioners and others but would not commit to demand to pay back their bonuses.
Fishing Republic finance director Russell Holmes resigns
AIM-listed fishing tackle retailer Fishing Republic said on Tuesday that finance director Russell Holmes has resigned to take up another position.
Tesco fraud trial shelved after defendant has heart attack
The fraud trial of three former Tesco executives has been abandoned after one of the defendants had a heart attack.
MYCELX wins renewal of Quenchwater system contract
Clean water technology company MYCELX Technologies Corporation announced on Tuesday that its successful Quenchwater system has been renewed by SABIC, the diversified chemicals company.
Kosmos Energy refinances reserves-based lending facility
Kosmos Energy announced on Tuesday that it has refinanced its reserves based lending (RBL) facility.
SDX completes and tests new well at Sebou
North Africa-focussed oil and gas company SDX Energy announced on Tuesday that the ONZ-7 well on the Sebou permit in Morocco has been completed and tested.
TechFinancials won't proceed with sale of subsidiaries
Financial trading technology provider TechFinancials announced on Tuesday that it has decided not to progress with the proposed sale of its shareholdings in its non-core subsidiaries, BO TradeFinancials and MarketFinancials, to S. Win Holdings.
Supermarket sales boosted by food inflation and veganism
Supermarket sales increased in value by 3. 4% in recent weeks thanks to grocery inflation and a trend for veganism, with the 'big four' groups continuing to lose market share to discounters Lidl and Aldi.
Numis hails 'very strong' start to year, revenues 'significantly' ahead
AIM-listed institutional stockbroker Numis hailed a "very strong" start to the year on Tuesday, with revenues "significantly" ahead of the same period a year ago and continued momentum across the business.
Government could take over Stagecoach's East Coast franchise
Stagecoach was under the cosh as the transport minister said late on Monday that the government could take over the company’s running of the rail route between London and Edinburgh after it got its numbers wrong when bidding for the franchise.
Walker Greenbank full year results seen in line with expectations
AIM-listed luxury interior furnishings group Walker Greenbank said on Tuesday that its results for the year should be in line with the board's expectations.