News And Announcements
NewRiver REIT snaps up smaller peer Ellandi Management
NewRiver REIT, the retail-focused real estate investor, has announced it is spending up to £9m to acquire the assets of Ellandi Management, which manages shopping centres and regeneration projects.
Zenova's FX range passes tests for current, future EU chemical rules
Zenova Group announced on Thursday that its Zenova FX fluid and components had successfully passed independent tests by external laboratories.
UBS under scrutiny post-Credit Suisse takeover, Swiss pricing watchdog says
Switzerland's price watchdog is said to be closely observing how UBS is pricing its products following its Credit Suisse takeover on the back of speculation that the bank's increased size could hit competition.
Aura Energy makes progress at Tiris Project
Aura Energy updated the market on development activities at the Tiris Uranium Project in Mauritania, West Africa on Thursday.
Light Science Technologies reports solid first-half progress
Light Science Technologies updated the market on its trading for the six months ended 31 May on Thursday, highlighting substantial financial and operational progress across its three divisions - controlled environment agriculture (CEA), contract electronics manufacturing (CEM), and passive fire protection (PFP).
Hutchmed gets tazemetostat new drug application approved in China
Hutchmed China announced on Thursday that the China National Medical Products Administration (NMPA) has accepted its new drug application (NDA) for tazemetostat, granting it priority review for the treatment of adult patients with relapsed or refractory (R/R) follicular lymphoma (FL).
Central Asia Metals announces executive succession plans
Central Asia Metals announced executive succession plans on Thursday, confirming that on 1 October, Nigel Robinson would step down as chief executive officer after leading the company for more than six years.
Shares in Continental jump despite 'challenging' market
Shares in Continental motored ahead on Thursday, after the German tyre manufacturer flagged an improving performance in the second quarter.
Katoro Gold taps Patrick Cullen as interim CEO
Katoro Gold announced the appointment of Patrick Cullen as its interim chief executive officer on Thursday, following the completion of due diligence.
Cineworld mulls UK cinema closures - report
Cinema operator Cineworld is considering exiting various UK sites, it was reported on Thursday, as part of a major restructuring.
Tekmar renews banking facilities with Barclays
Offshore energy markets technology provider Tekmar Group announced the renewal of its existing banking facilities with Barclays Bank on Thursday.
Smith & Nephew at four-month high as activist investor Cevian buys stake
Swedish activist investor Cevian Capital has purchased a 5% stake in Smith & Nephew, causing shares in the medical equipment manufacturer to surge to a four-month high on Thursday.
Great Portland Estates reports strong quarter for leasing
Great Portland Estates (GPE) reported robust leasing activity for the quarter ended 30 June on Thursday, having signed 12 new leases and renewals generating an annual rent of £4. 3m, with market lettings on average 7. 7% ahead of its March estimated rental value (ERV).
Peel Hunt sees improving macro conditions in Q1
Investment bank Peel Hunt said it has seen positive developments in macro conditions since the start of its new financial year, with revenues in the first quarter ahead of last year.
Barclays to sell German consumer finance business to Bawag Group
Barclays said on Thursday that it has agreed to sell its German consumer finance business to Austrian bank Bawag Group.
Victrex Q3 revenues tick higher but Medical still hit by destocking
Polymer maker Victrex reported volume and revenue growth for the third quarter on Thursday, but cautioned over difficult trading at its medical segment.
Gresham House Energy Storage Fund hits 1GWh milestone after project upgrades
Battery energy storage systems investment fund Gresham House Energy Storage Fund (GHESF) has announced that it has passed the one-gigawatt hours (GWh) milestone with both its Enderby and West Didsbury projects now trading at increased capacity.
Assura makes solid start with rents stable
Healthcare property investor Assura said it delivered on its strategic objectives in its first quarter, with rents stable over the three months to 30 June.