News And Announcements
Typhoon export orders take off as UK government unveils new jet
UK Defence Minister Gavin Williamson unveiled a prototype of a new fighter jet named Tempest at the Farnborough Airshow on Monday, the same day as BAE Systems' chief executive Charles Woodburn detailed a promising outlook for the UK's existing Typhoon fighter jet.
Plant Health Care eyes cash positivity, tumbles on Brazil soy hitch
Biological products provider Plant Health Care reported that it was on track to achieve full-year revenue growth of 30% but revealed that the license auction for soy in Brazil has been cancelled for the year.
Residential Secure Income buys four blocks in Luton for £13m
Residential Secure Income announced the acquisition of four freehold residential buildings in Luton for a total consideration of £13m on Monday.
Alba Mineral Resources buys another 41pc of Clogau project
Diversified mineral exploration and development company Alba Mineral Resources has conditionally agreed to acquire a further 41% interest in Gold Mines of Wales, it announced on Monday.
Bank of America posts strong profit rise on cost cuts, tax gains
Bank of America’s profit rose by a third in the second quarter as the bank kept a tight grip on costs and benefited from tax cuts.
Randgold workers down tools at Tongon mine
Work at Randgold Resources' Tongon mine in Côte d'Ivoire has been interrupted as workers go on strike.
Town Centre Securities reports positive trading
Town Centre Securities said it ended the financial year on a positive note as the property investor and car park operator traded in line with its expectations.
Deutsche Bank surprises investors with profit beat
Deutsche Bank took investors by surprise by announcing its second-quarter profit would be more than double the amount expected by analysts.
John Laing Infrastructure Fund shares surge following potential cash buyout
John Laing Infrastructure Fund revealed on Monday that it was in talks with a consortium of funds about a potential cash buyout offer for the firm.
Caledonia Investments FD Stephen King to step down
Caledonia Investments said on Monday that Stephen King will step down from his role as finance director after nearly 10 years and leave the company once a successor has been hired.
Pubs boom as hot weather and World Cup pulls in punters
Hot weather and the start of the World Cup triggered a mini-sales boom for pubs in June at the expense of restaurant groups, a survey showed.
Totally's About Health wins two-year contract with NHS clinical commissioning groups
Out-of-hospital healthcare services provider Totally announced on Monday that its wholly-owned subsidiary About Health - a provider of community-based outpatient and referral management services - has been awarded a two-year contract, with the option to extend by a further two years, by the North Tyneside, North Durham and South Tees Clinical Commissioning Groups in the UK.
CentralNic and KeyDrive to combine in mega deal
Internet domain service company CentralNic has entered into a conditional agreement to acquire the entire share capital of KeyDrive and its subsidiaries for an initial consideration of $35. 8m, it announced on Monday.
Yu Group pours money into growth as revenues accelerate
Corporate gas and electricity supplier Yü Group updated the market on its trading for the six months ended 30 June on Monday, reporting that group revenues were anticipated to be in the region of £35m, representing an increase of 69%.
Frontier IP's Tarsis enters collaboration agreement with large crop-protection firm
Frontier IP announced on Monday that its portfolio company Tarsis Technology - a spin-out from the University of Cambridge - has entered into a collaboration agreement with an unnamed “leading” manufacturer of crop-protection products.
Brave Bison to consult European Tour on its YouTube channel
Social video company Brave Bison has been selected by the European Tour as a strategic consultant to enhance the golf organisation’s YouTube presence, it announced on Monday.
Safestyle appoints Alan Lovell as chairman
Bradford-based double glazing group Safestyle has appointed turnaround specialist Alan Lovell as its new chairman.
Duke Royalty closes £44m fundraising, expects higher dividend yield
Alternative capital provider Duke Royalty has announced the close of a conditional placing and subscription to raise £44m, before expenses, by way of the issue of 100 million ordinary shares at a price of 44p per share.
Strat Aero's Geocurve wins contract with Hesselberg Hydro
Strat Aero announced recent progress by its wholly-owned subsidiary Geocurve on Monday, reporting that it had been awarded an initial contract by hydraulic engineering asphalt specialist Hesselberg Hydro.
SDL to buy translation company Donnelley Financial Solutions
SDL has agreed to buy translation company Donnelley Financial Solutions for $77. 5m (£60. 1m) in cash.