News And Announcements
Kier said to be preparing to sell housebuilding unit
Kier Group is preparing to sell its housebuilding business to ease pressure on the contractor's finances, The Times reported.
Hutchison Chi-Med makes progress with surufatinib
Hutchison China MediTech, trading as Chi-Med, announced on Friday that the independent data monitoring committee (IDMC) of the phase 3 pivotal study of ‘surufatinib’ in advanced neuroendocrine tumors - extra-pancreatic (SANET-ep) had completed a planned interim analysis.
FTSE 100 movers: Fresnillo shines as investors shun risk; ITV drops
London's FTSE 100 was down 0. 3% at 7,349. 28 in afternoon trade on Friday, with Middle East tensions and weak Chinese data weighing on sentiment.
ReNeuron wins 'Breakthrough of the Year' at European Mediscience Awards
Cell-based therapeutics developer ReNeuron Group has won the 'Breakthrough of the Year' award at the 2019 European Mediscience Awards, it announced on Friday.
Stanley Gibbons agrees resolution with former Mallett directors
Stanley Gibbons Group announced on Friday that its ongoing dispute involving some ex-directors of Mallett had reached a final conclusion.
Pernod Ricard buys majority stake in Kentucky-based Rabbit Hole Whiskey
France's Pernod Ricard has added Bourbon to its portfolio with the acquisition of a majority share in Kentucky-based Rabbit Hole Whiskey.
Spain's Indra may bid for majority stake in Rolls-Royce's ITP Aero
Spanish information technologies outfit Indra has expressed an interest in acquiring a majority stake in ITP Aero from Rolls Royce.
Canada's CGI to buy Scisys in £78.9m deal
Scisys shares surged on Friday after Canadian IT services company CGI offered to buy the London-listed computer software services group for 254. 15p a share in cash.
Shell agrees to compensate 12,000 overcharged customers
Royal Dutch Shell has agreed to compensate roughly 12,000 customers after overcharging on its default tariffs after the UK's new price cap was introduced.
Alpha Real Trust launches £29m share repurchase
Alpha Real Trust has offered to buy back almost one-quarter of its shares for about £29m after selling property assets.
United Utilities COO stepping down to become Cadent Gas CEO
United Utilities said on Friday that Steve Fraser is stepping down as chief operating officer after more than 14 years at the company.
Asiamet upbeat on updated resource estimate at Indonesia's BKM deposit
Asiamet Resources announced an updated 2019 mineral resource estimate (MRE) for the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia on Friday.
Faron Pharmaceuticals reports 'significant' findings from YODA study
Clinical stage biopharmaceutical company Faron Pharmaceuticals announced results from its pharmacokinetic/dynamic ‘YODA’ study examining the administration of concomitant steroids and Traumakine in healthy volunteers on Friday.
Mporium Group raises £1.92m for its restructure through subscription
Event-driven marketing technology company Mporium Group has conditionally raised a total of £1. 923m by way of subscription, mainly from existing investors, for a total of 192,300,000 new shares at an issue price of 1p, it announced on Friday.
GAN celebrates market expansion as New Hampshire legalises online betting
Internet gambling software company GAN signalled a potential expansion of its United States market on Friday, as it “welcomed” the signing and legalisation of internet sports betting in the state of New Hampshire.
InfraStrata seeks EU cash for North Channel gas pipeline reversal project
Natural gas storage development company InfraStrata has submitted an application for a grant from the EU's Connecting Europe Facility (CEF) 2014-2020, it announced on Friday.
Biome Technologies raises revenue forecasts as it starts making new material
Bioplastics and radio frequency technology company Biome Technologies announced on Friday that commercial production of its new heat stable material has started in the United States.
London Metal Exchange bans booze in working hours
The London Metal Exchange has banned traders from drinking during working hours as the exchange tries to shed its reputation for boozy, sexist behaviour.
Walker Greenbank says UK sales trend improving
Luxury interior furnishings group Walker Greenbank said on Friday that overall trading in the year to date is in line with the board's expectations, with the sales trend in the UK improving.
RM acquires Aussie digital assessment firm SoNET in £7.3m deal
Education software and services supplier RM has acquired SoNET Systems for consideration of £7. 3m, it announced on Friday.