News And Announcements
Indivior plunges on profit warning after launch 'friction'
Indivior issued a profit warning due to a slower than expected launch of its new Sublocade product and changes in the US market for its main money-spinner, including challenges from a rival generic treatments.
GAN launches gaming products with NJ's Ocean Resort Casino
Internet gaming software, services and online gaming content firm GAN announced on Wednesday the it has simultaneously launched both real money online gaming and simulated gaming for Ocean Resort Casino in New Jersey.
Griffin Mining subsidiary clears major hurdle in Chinese mine licence process
Griffin Mining announced on Wednesday that its Chinese operating subsidiary, Hebei HuaAo Mining Industry Company, has completed the “most important” phase in the granting of the new mining licence over Zone II of the Caijiaying Zinc-Gold Mine.
Telit Communications expecting decent revenue bump in first half
Internet of things (IoT) technology company Telit Communications issued a trading update for the six months to 30 June on Wednesday, reporting that group revenue was expected to be around $201m - an increase of 13. 2% year-on-year.
Hibernia offloads Dublin's New Century House for a decent return
Hibernia REIT announced on Wednesday that it has exchanged contacts to sell New Century House to a fund managed by Credit Suisse Asset Management Global Real Estate for €65. 3m.
Micro Focus begins to get to grips with HPE integration plan
Software product group Micro Focus International issued its interim results to 30 April on Wednesday - the second interims for its 18-month reporting period to 31 October - with a pro forma constant currency revenue decline of 8. 0% to $1. 97bn.
Conroy Gold reports 'significant' gold intersections at Clontibret
Conroy Gold and Natural Resources reported “significant” gold intersections from the seventh and eighth drill holes completed in the current drilling programme on its 100%-owned Clontibret gold deposit on Wednesday.
Ilika raising £4m to help fund Stereax cell commercialisation
Advanced solid-state battery technology and materials innovation company Ilika announced a placing of new ordinary shares at a price of 20p each on Wednesday, to raise gross proceeds of no less than £4m.
Eckoh's Adam Moloney to join Blancco as CFO
Blancco Technology Group announced on Wednesday that Adam Moloney would join the company on 23 July as its chief financial officer and a board director.
Barratt sees profits building to record levels
House builder Barratt Developments said it expected pre-tax profits to come in at a record £835m, up from £765. 1m in 2017 after reaching its highest level of completions for a decade.
Balfour Beatty, Galliford Try in union wrangle over Aberdeen bypass
Trade unions have called for an investigation into "lethal" working hours demanded at a joint venture between Balfour Beatty and Galliford Try to build Aberdeen's new ring road.
Day misses deadline for tilt at Stobart board
Retail guru Philip Day will not seek election to the board of Southend Airport owner Stobart Group, the company said on Wednesday.
21st Century Fox bumps up Sky offer, trumps Comcast
Rupert Murdoch's 21st Century Fox has upped its offer for the Sky shares it does not already own to £14 per share, trumping the latest offer from Comcast by around 12%.
Aviva completes sale of two Spanish holdings, announces a third
Aviva has completed the sale of its entire shareholding in life insurance and pensions joint ventures Cajamurcia Vida and Caja Granada Vida to Bankia, it confirmed on Wednesday.
Tim Martin complains about tariffs as Wetherspoon introduces cheaper non-EU booze
J D Wetherspoon issued its pre-close trading statement for the financial year ending 29 July on Wednesday, reporting that in the 10 weeks to 8 July, like-for-like sales increased 5. 2% and total sales by 5. 6%.
PageGroup posts best growth in seven years as some market concerns linger
PageGroup posted its second quarter and first half trading update on Wednesday, reporting second quarter gross profit growth of 16. 0% at constant currency to £208. 2m - a record figure.
Safestyle warns on profits yet again
AIM-listed Safestyle said on Wednesday that it expects to report a small underlying pre-tax loss for the year, while revenues are likely to be below market expectations, but there was some good news as the double glazing group said order intake has firmed up in recent weeks.
Glencore sets up committee to deal with DoJ subpoena
Glencore said it had set up a boardroom committee to oversee its response to the US Department of Justice subpoena that it received last week.
Sainsbury's appoints ex-Deloitte chairman Martin Scicluna
Sainsbury's has appointed former Deloitte audit chief and current Great Portland Estates chairman Martin Scicluna to be the supermarket group's chairman next March.
Smurfit Kappa talks up its latest environmental accolade
Smurfit Kappa issued an RNS update in its trademark boastful fashion on Wednesday, claiming that its commitment to sustainability had been recognised again by the Euronext Vigeo Eiris index.