News And Announcements
Footfall decline eases ahead of crucial festive season - BRC
The decline in footfall eased in October, industry data showed on Friday, giving retailers a boost ahead of the crucial Christmas shopping season.
Production interrupted at Itaconix facility after severe storms
Itaconix announced a temporary interruption to production at its Stratham facility in New Hampshire on Thursday.
SDI Group lifts expectations after bumper first half
Digital imaging and sensing control products company SDI Group said in a trading update on Thursday that it was expecting to report “very strong” sales and profits for the half-year ended 31 October, with revenue of around £24. 7m, up from £14. 1m year-on-year.
Lexington Gold makes further progress on drilling at Carolina Belle
Carolinas-focussed exploration and development company Lexington Gold updated the market on the ongoing 5,000 metre reverse circulation drilling programme at Carolina Belle on Thursday, reporting that it was progressing to schedule.
Electrocomponents H1 profits rise amid market share gains
Electrocomponents posted a rise in first-half profit and revenue on Thursday amid market share gains and an increase in customer numbers.
Moderna shares tumble as it cuts full-guidance
Shares in Moderna tumbled in pre-market trading on Thursday, after the drugs group cut its forecast for delivery of its Covid-19 vaccine.
Belluscura expectations for oxygen concentrator demand exceeded
Oxygen enrichment medical device company Belluscura updated the market on its manufacturing and trading for the year-to-date on Thursday, reporting that demand for its ‘X-PLO2R’ portable oxygen concentrator had “significantly exceeded” its initial expectations.
Wentworth appoints Aaron LeBlanc as its new operating chief
Tanzania-focussed natural gas production company Wentworth announced the appointment of Aaron LeBlanc as its chief operating officer on Thursday, with immediate effect.
Agronomics puts $8m in protein fermentation firm EVERY
Cellular agriculture-focussed investment company Agronomics has put $8m in the EVERY Company, formerly Clara Foods, for an equity stake of 1. 39% on a fully diluted basis.
Providence Resources completes survey of Barryroe well site
Ireland-focussed energy company Providence Resources updated the market on operations at the Barryroe field on Thursday, confirming that a baseline survey over the ‘K’ well drilling location was complete.
GCP Student asset values rise as it awaits CMA decision on takeover
Student accommodation investor GCP Student updated the market on its recommended acquisition on Thursday, reporting that the Competition and Markets Authority had been notified of the transaction, following shareholder approval in early September.
Credit Suisse quits prime brokerage under Horta-Osório
Credit Suisse is effectively scrapping its prime brokerage business as Chairman António Horta-Osório overhauls the troubled bank after a series of crises.
Currys in £75m share buyback as sales soar past 2019 levels
Electrical retailer Currys on Thursday announced a £75m share buyback as group organic sales jumped 15% from pre-pandemic 2019 levels on the back of continued demand for products such as laptops and video games during lockdowns.
Metro Bank confirms takeover approach from Carlyle Group, share surge
Metro Bank surged on Thursday after confirming it has received a takeover approach from funds affiliated with US private equity firm the Carlyle Group.
BT profits fall, confirms 2021/22 outlook as it accelerates savings target
BT Group on Thursday reported a fall in interim profits due to higher finance costs as it reaffirmed its outlook for this year and next while also bringing forward its cost-savings target.
Sureserve promotes CFO Peter Smith to CEO role
Sureserve has promoted interim chief operating officer and chief financial officer Peter Smith to the role of chief executive.
Hikma reports solid trading in year to date
Hikma Pharmaceuticals reiterated full-year guidance as the company reported solid trading across its business.
Ten Entertainment boosted by record half-term
Ten Entertainment predicted a surprise annual profit after a record half-term holiday at its bowling alleys, escape rooms and other venues.
Superdry 'encouraged' by trading despite supply chain issues
Superdry reported "encouraging" trading on Thursday, but warned that its wholesale arm was being affected by global supply chain delays.
Smart Metering Systems 'comfortable' despite energy supplier crisis
Energy infrastructure company Smart Metering Systems updated the market on its operations on Thursday, having noted that there had been “considerable” turbulence recently in the UK energy market.