News And Announcements
Q1 profits and sales slip at Kroger
US supermarket chain Kroger, one of the world’s biggest retailers, saw profits and sales dip in the first quarter, but insisted that its transformation programme was on track.
Paragon Entertainment to appoint administrators
Paragon Entertainment said on Thursday that it has decided to appoint administrators "as soon as possible".
Gem Diamonds to sell Ghaghoo mine in Botswana
Gem Diamonds has agreed to sell its failed mine in Botswana to Pro Civil for $5. 4m.
Carnival shares sink as cruise operator downgrades EPS guidance
Carnival shares sank on Thursday after the cruise operator downgraded its annual earnings per share guidance as it pointed to the US government's ban on cruises to Cuba.
EVR Holdings to stream Wireless Festival in virtual reality
Virtual reality content creator EVR Holdings has entered into partnership with Festival Republic - a division of Live Nation - to broadcast Wireless Festival live via its MelodyVR platform, it announced on Thursday.
Fulcrum Utility Services appoints Daren Harris as new finance chief
Independent multi-utility infrastructure and services provider Fulcrum Utility Services announced the appointment of Daren Harris as its chief financial officer on Thursday, joining the company and its board on 24 June.
GAN adds additional services to partnership with FanDuel
Internet gambling software and services provider GAN announced a “material addition” to the existing services provided to FanDuel Group on Thursday.
LightwaveRF gets order from new European distributor
Smart home solutions provider LightwaveRF has received an order of €0. 57m from its new European distributor, Tech Data, it announced on Thursday.
Ceres Power launches fuel cell product in Japan with partner Miura
Solid oxide fuel cell technology developer Ceres Power announced a first fuel cell product launch using its technology with Japan-based industrial boiler manufacturer Miura on Thursday.
British Gas owner Centrica to axe 700 jobs
Centrica will cut a further 700 jobs this summer, as the owner of British Gas battles a raft of ‘growing challenges’.
Premier Technical Services shares rocket on Macquarie bid
Shares of Premier Technical Services surged on Thursday after it agreed to be bought by a subsidiary of Macquarie Group for £265. 3m in cash.
BCA Marketplace surges at it confirms advanced talks with TDR Capital
Shares in BCA Marketplace rocketed on Thursday after it confirmed it is in advanced discussions with private equity firm TDR Capital about a possible cash offer for the company.
Resolute Mining begins trading on London Stock Exchange
Resolute Mining announced on Thursday that, following the publication of its prospectus on 17 June, its shares had been admitted to trading on the London Stock Exchange Main Market.
Avacta partners with Selexis ahead of first-in-human trials
Avacta Group announced on Thursday that it has partnered with life sciences company Selexis to develop the Chinese hamster ovary (CHO) cell line, which will be used to manufacture Avacta's first ‘Affimer’ clinical candidate for first-time-in-human clinical trials.
ValiRx secures 'substantial amendment' to VAL201 clinical trials
Clinical stage biotechnology company ValiRx updated the market on ‘VAL201’ on Thursday, confirming that, based on clinical results, a “substantial amendment” to the clinical trial protocol had received regulatory approval from the Medicines and Healthcare Products Regulatory Agency (MHRA) and the research ethics committee.
Pershing Square launches $100m share buyback programme
Pershing Square Holdings announced on Thursday that it was “promptly” commencing a share buyback programme of $100m of its outstanding public shares on the London Stock Exchange and Euronext Amsterdam.
Vivo Energy enters partnership to expand KFC's Africa footprint
Africa-focussed Shell and Engen-branded fuel and lubricant retailer Vivo Energy has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda, it announced on Thursday.
Meggitt partners with Lufthansa Technik to provide aerospace services in China
Aerospace, defence and energy components company Meggitt announced a new agreement with maintenance, repair and overhaul services provider Lufthansa Technik on Thursday.
Unite Group gets planning permission resolution for London development
Student accommodation developer and manager the Unite Group has received resolution to grant planning permission for its 913-bed student accommodation development in Middlesex Street in London, it announced on Thursday.
N Brown backs FY guidance as first-quarter revenue drops
Womenswear retailer N Brown backed its full-year guidance on Thursday as it posted a drop in first-quarter revenue amid "challenging" markets.