News And Announcements
THG unaware of reason for 35% share price slump
THG, formerly The Hut Group, said on Wednesday that it was not aware of any reason for the slump in its share price a day earlier.
Victoria to beat market forecasts on full-year profit
Flooring company Victoria said in a trading update on Wednesday that its underlying profit before tax would be ahead of consensus market expectations for the year ending 2 April.
Caledonia Mining producing at upper end of full-year guidance
Caledonia Mining updated the market on its gold production from the Blanket Mine in Zimbabwe for the September quarter on Wednesday, narrowing its production guidance range for the year.
1Spatial awarded multi-year framework deal as part of consortium
Location technology company 1Spatial announced the award of a new multi-year framework agreement by Land and Property Services (LPS) in Northern Ireland, in conjunction with a consortium led by Version1, to support the Department of Finance's ongoing digital transformation programme.
Harland & Wolff set to be granted licence for gas storage project
Shipyard and energy infrastructure company Harland & Wolff announced on Wednesday that its subsidiary Islandmagee Energy (IMEL) has been notified by the Northern Ireland Department of Agriculture, Environment and Rural Affairs (DAERA) that it would issue the environmental consent decision, marine licence, reviewed abstraction licence and discharge consent for the Islandmagee Gas Storage project.
WPP's Finsbury Glover Hering to merge with SVC
WPP announced on Wednesday that its majority-owned subsidiary Finsbury Glover Hering, and Sard Verbinnen & Co (SVC), have reached agreement on the terms of a merger to create a “leading” strategic communications firm.
Alien Metals awaiting results of Hancock scoping study
Minerals exploration and development company Alien Metals updated the market on the Hancock Iron Ore Project in the Pilbara region of Western Australia on Wednesday, following the publication of its maiden inferred resource on 22 September.
Audioboom set to beat full-year expectations after bumper Q3
Podcast production and distribution company Audioboom updated the market on its September quarter on Wednesday, reporting record quarterly revenue of $16. 9m, up 161% on year-on-year and up 28% on the second quarter, as it flagged an expectations-busting year.
Avingtrans participates in £12.9m fundraise by Adaptix
Energy, medical and industrial technology company Avingtrans announced its £2. 5m participation in a £12. 9m fundraise by emerging medtech company Adaptix on Wednesday.
European Metals announces upgraded resource at Cinovec
European Metals announced the final drill results and an upgraded mineral resource estimate for the lithium and tin resources in the Cinovec Lithium-Tin deposit in the Czech Republic on Wednesday.
Serabi Gold upbeat on latest mining operations
Brazil-focussed mining and development company Serabi Gold updated the market on its operational, development and exploration activities in the third quarter on Wednesday.
Atalaya Mining hikes full-year production guidance
Atalaya Mining updated the market on operations at Proyecto Riotinto in the third quarter on Monday, reporting strong copper production of 13,933 tonnes, as it increased its production guidance for the full year.
Darktrace lifts revenue growth forecasts after first quarter
Cybersecurity artificial intelligence (AI) specialist Darktrace lifted its revenue guidance on Wednesday, after the strong sales performance it delivered in the second half of the 2021 financial year continued in its first quarter, as it grew its its customer base to 5,975, up 42. 7% year-on-year.
Third-quarter profits beat forecasts at JP Morgan
JP Morgan Chase & Co reported better-than-expected quarterly numbers on Wednesday, after the Wall Street bank reduced the amount put aside to cover bad loans and corporate activity strengthened.
Shoe Zone shares soar as firm steps back into profit
Shares in footwear retailer Shoe Zone soared as the company said it expected to swing to an annual profit, but warned that Covid, supply-chain and inflationary issues still presented challenges in the next 12 months.
Seeing Machines creates Europe sales team
Computer vision technology company Seeing Machines announced the establishment of a European sales team based in Amsterdam on Wednesday, to lead the next phase of its business development and focus on growing demand in Europe for its aftermarket driver safety technology, ‘Guardian’.
HSBC cuts rating on BT to 'reduce'
HSBC has downgraded BT Group, citing potentially "major shifts" in the wholesale broadband market.
KPMG made 'untruthful' defence in Silentnight case - FRC
KPMG mounted an untruthful defence and withheld evidence from regulators as it tried to cut a fine for misconduct during the sale of bed maker Silentnight, the UK’s accounting watchdog said on Wednesday.
Vertu reports record first half, boosts profit guidance
Vertu Motors has upped its full-year guidance after interim revenues and profits powered ahead, prompting it to resume dividend payments.
Halfords appoints Virgin Active exec Jo Hartley as new CFO
Halfords has appointed Jo Hartley as its new chief financial officer, succeeding Loraine Woodhouse.