News And Announcements
FastForward makes biggest investment to date in Factom
FastForward Innovations has executed a ‘simple agreement for future equity (SAFE agreement) with investee company Factom, it said on Monday, under which it has advanced $6m to Factom, which would be converted at a future date at a 25% discount to the price of Factom's proposed Series B fundraising.
Keywords Studios buys Japan's Yokozuna Data for $1.5m
Keywords Studios has bought Japanese video games developer Yokozuna Data (YD) and all associated technology and trademarks from Silicon Studio Corporation for $1. 5m in cash.
SRT Marine Systems swings to full-year loss on contract cancellation
SRT Marine Systems said on Monday that it swung to a full-year loss as revenue slumped following the cancellation of a key contract.
Ascential pleased with organic growth as earnings takes a hit
Specialist information company Ascential issued its interim results for the six-month period ended 30 June on Monday, reporting that they were in line with its own expectations.
Petra trims guidance after 'stable' year for diamond market
Petra Diamonds said the diamond market was stable in the year just ended as the miner trimmed its guidance for the year ahead.
Ryanair first-quarter profit drops 20% amid higher costs and strikes
Budget airline Ryanair posted a 20% drop in first-quarter pre-tax profit on Monday as higher costs and strikes took their toll.
McColl's first-half hit by demise of P&H, CFO resigns
Convenience retailer McColl's was under the cosh on Monday as it posted a drop in first-half like-for-like sales following the demise of cigarette wholesaler Palmer & Harvey, said full-year adjusted earnings would be in line with the previous year and announced the resignation of chief financial officer Simon Fuller.
FDM profit rises as Mountie operation expands
FDM Group posted a 12% increase in first-half profit as the company invested in expanding its more profitable "Mountie" IT consultancy operation.
Hammerson offloads two retail parks for £164m
Shopping centre owner Hammerson has exchanged contracts for the sale of two retail parks to Capreon for £164m.
Paragon pleased with year-to-date performance after Titlestone purchase
Paragon Banking Group updated the market on its performance from 1 October to 30 June on Monday, reporting that it was continuing to operate in line with its board's expectations.
BHP to defend investor class action over Samarco disaster
BHP Billiton said it would defend a class action brought by investors over the Samarco dam disaster of 2015 that killed 19 people and devastated communities.