News And Announcements
US judge gives FTC green light to pursue Meta lawsuit
A US judge has refused attempts by Meta Platforms to have an antitrust lawsuit against it dismissed.
Image Scan launches portable security x-ray product
Security and industrial x-ray imaging technology company Image Scan announced the market launch of the ‘ThreatScan-AS1’ integrated portable x-Ray system for bomb squads and security professionals on Wednesday.
Phoenix Copper pleased with latest results from Red Star
United States-focussed base and precious metals explorer and producer Phoenix Copper announced the assay results from additional drilling at the Red Star silver-lead deposit, adjacent to the Empire Mine open pit project in Idaho’s Custer County on Wednesday.
Mpac ends strong year in line with expectations
Packaging and automation technology company Mpac reported a “strong” financial year in a trading update on Wednesday, saying it expected to report revenue, underlying profit before tax and closing cash in line with market expectations.
CyanConnode on track to meet full-year forecasts
Smart narrowband mesh network technology company CyanConnode said in a trading update on Wednesday that turnover for the first nine months of its financial year totalled £6. 8m, up from £3. 4m year-on-year.
Johnson Matthey to close battery materials business, sell assets
Johnson Matthey has announced the proposed closure of its battery materials business and the sale of the individual assets after talks over the sale of the entire division failed to result in an agreement.
Amazon and Visa 'fail to reach agreement' - report
Plans by Amazon to stop accepting UK-issued Visa credit cards remained on track on Wednesday, after it was reported that the two sides had yet to reach agreement.
Pantheon Resources gets approval for upcoming Theta West 1 well
Oil and gas company Pantheon Resources said on Wednesday that the drilling permit for Theta West 1 had now been approved.
Frontier Developments swings to first-half operating loss
Video games developer and publisher Frontier Developments reported a 33% improvement in first-half revenue year-on-year in its interim results on Wednesday, to £49. 1m, although higher costs saw it swing to an operating loss.
Continued demand sees Gamma end year strongly
Unified communications-as-a-service provider Gamma reported continued strong demand in the UK and Europe business markets for its portfolio of products in a trading update on Wednesday, which through both direct and indirect channels had performed well through the year just ended.
AB Dynamics trading remains consistent with forecasts
Testing, simulation and measurement product company AB Dynamics said in an update on Wednesday that trading during the first four months of the 2022 financial year was consistent with its expectations outlined in its results in November.
Clinigen reiterates guidance after 'solid' first half
Pharmaceutical products and services company Clinigen reiterated its guidance for EBITDA growth in the 2022 financial year of between 5% and 10% in a trading update on Wednesday.
Vistry sees FY profits in line with expectations
UK house builder Vistry Group said it expected full-year adjusted pre-tax profit to rise in line with guidance, after a strong increase in completed sales.
Sainsbury's lifts FY outlook despite fall in Xmas quarter sales
UK supermarket group Sainsbury's raised full-year profit forecasts despite a fall in underlying sales over Christmas.
JD Sports lifts annual profits guidance after strong H2
JD Sports Fashion lifted annual profits guidance after revenues rose 10% in the 22 weeks to January 1, with US fiscal stimulus also providing a trading boost.
Nichols backs FY profit expectations, hails strong Vimto performance
Soft drinks maker Nichols backed its full-year profit expectations on Wednesday as it hailed a continued strong performance from its Vimto brand.
S4 Capital gobbles up data service firm 4 Mile Analytics
Advertising and communications agency S4 Capital announced a merger of its Media Monks division with 4 Mile Analytics on Wednesday, adding that its trading was continuing in line with expectations.
DFS reports strong order performance in first half
Large-format furniture retailer DFS reported a “strong order intake performance” across its first half in a trading update on Wednesday, with the important post-Christmas period starting well.
PageGroup reports record quarter, returns to pre-Covid trading
Recruitment specialist PageGroup reported group gross profit of £246. 8m in its fourth quarter on Wednesday, up 55. 1% year-on-year, and 24. 2% over the pre-pandemic period in 2019.
Dechra acquires worldwide rights to canine lymphoma treatment
Pharmaceutical giant Dechra has acquired the worldwide rights to verdinexor, a novel treatment of all forms and stages of canine lymphoma from Anivive Lifesciences.