News And Announcements
Amazon bids $1bn for online pharmacy after launching courier firm
Online retail colossus Amazon agreed to acquire online pharmacy PillPack for a reported $1bn cash - a move which prompted a sharp drop in the shares of large American drugstore chains on Thursday.
Scisys hails 'impressive' start to the year
Software company Scisys hailed an "impressive start" to 2018 on Thursday as it pointed to a record opening order book, notable new contracts and strong cash flow.
Synthomer U-turns on refinancing due to 'unfavourable' market terms and conditions
FTSE 250 polymer supplier Synthomer has decided not to go ahead with its proposed €300m unsecured senior notes offer due to "unfavourable" market terms and conditions.
Eddie Stobart to buy The Pallet Network for £52.8m
Alongside a half-year trading update, supply chain, transport and logistics group Eddie Stobart said on Thursday that it has agreed to buy pallet distribution services provider The Pallet Network (TPN) for £52. 8m.
Aukett Swanke losses widen as UK construction remains stagnant
Architect and interior design practice Aukett Swanke Group issued its interim results for the six months ended 31 March on Thursday, reporting an 18% fall in revenues to £7. 41m.
Eagle Eye agrees £2m extension to Barclays facility
Eagle Eye Solutions Group has agreed a £2. 0m extension to its existing facility with Barclays Bank, it announced on Thursday, resulting in the company now having a £5. 0m revolving credit facility available until 30 June 2020.
Positive trend has Redde confident ahead of year-end
Redde updated the market on its trading on Thursday, reporting that business in the final quarter ending 30 June had continued the positive trend seen in the first nine months of the year.
Gordon Bloor to head up StatPro's 'Source' division
Cloud-based portfolio analytics and asset pricing service provider StatPro Group has appointed Gordon Bloor as the CEO of one its divisions - ‘Source: StatPro’, it announced on Thursday.
Faron 'encouraged' by latest Clevegen study
Clinical stage biopharmaceutical company Faron Pharmaceuticals announced successful toxicity studies and control of blood Clever-1 positive monocytes - precursor cells to tumour associated macrophages in large preclinical models - on Thursday.
Tenant downsizing an opportunity, says Ediston
Ediston Property Investment Company has restructured its lease terms with Weightmans at St Philips Point in Birmingham, it announced on Thursday.
Vendman integration fueling growth at Vianet
Internet of things platform provider Vianet Group told shareholders on Thursday that trading in the first two months of its financial year was “broadly in line” with its expectations.
Ticketmaster admits UK customers' personal data stolen in hack
Ticketmaster revealed it has suffered a security breach that could have affected up to 40,000 UK customers.
Accountancy regulator investigates Deloitte's auditing of SIG
The Financial Reporting Council has started an investigation into Deloitte’s audit work for SIG, the building supplies company that admitted overstating profits after a whistleblower raised the alarm.
Gem Diamonds deputy CEO Johnny Velloza to leave for DRC job
Gem Diamonds announced on Thursday that deputy chief executive officer and chief operating officer, Johnny Velloza, plans to leave the company in September to take up a position as joint CEO at a copper and cobalt company in the Democratic Republic of Congo.
FCA investigates Carillion allegations of insider trading
The Financial Conduct Authority (FCA) is looking into allegations of insider trading at collapsed construction company Carillion.
Chinese state firms likely to win HS2 bid as FirstGroup, Virgin flounder
Chinese state railway firms are now at the top of the list to operate new high-speed trains in Britain, as other local bidders remain embroiled in their own franchise crises.
Hunting 'comfortable' but cautious as some markets continue to disappoint
International energy services group Hunting issued a pre-close trading update on Thursday, ahead of its half-year results to be issued in late August, reporting that its performance during the period continued to reflect strong activity levels within US onshore completions, improving sentiment in the US offshore market and localised regional improvements in the Asia Pacific and Middle East markets.
Sequoia Economic Infrastructure makes good use of funds raised
Specialist investor in economic infrastructure debt, Sequoia Economic Infrastructure, announced its results for the year ended 31 March on Thursday, reporting annualised portfolio yield-to-maturity of 8. 2% as at period end.
BP to buy UK's largest electric car charging company Chargemaster
BP has agreed to buy the UK's largest electric vehicle charging company, Chargemaster.
TRIG to raise £20m through issue of new shares
The Renewables Infrastructure Group announced on Thursday that, in response to what it called market demand, it had proposed to issue £20m through the issue of new ordinary shares in the company, by way of non-preemptive tap issuance under its existing shareholder authority to disapply pre-emption rights.