News And Announcements
Aston Martin rallies as Enrico Cardile set to join F1 team
Aston Martin rallied on Tuesday on news that Enrico Cardile will join its F1 team in 2025 as chief technical officer, having recently left Ferrari, where he was chassis technical director.
Dyson to axe 1,000 UK jobs
Vacuum cleaners and household electrics maker Dyson said it was cutting 1,000 jobs in the UK.
BP warns on refining margins, will take up to $2bn impairment hit
BP said it would take a hit of up to $2bn in the second quarter relating to asset impairments along with a hit to margins and lower profits from oil trading.
Finseta reports strong set of first-half results
Finseta reported strong unaudited results for the first half of 2024 on Tuesday, demonstrating significant growth in revenue and profitability.
Audioboom extends partnerships with several podcasts
Podcast producer and distributor Audioboom announced the extension of partnerships with several top-tier podcasts on Tuesday, including The Broski Report, The Nateland Podcast, Serialously with Annie Elise, National Park After Dark, and Minds Of Madness.
Cora Gold announces promising drilling results from Tambor
Cora Gold announced promising results from a reconnaissance reverse circulation (RC) drilling programme at the Tambor gold anomaly within its Madina Foulbé exploration permit in East Senegal on Tuesday.
Mulberry appoints Andrea Baldo as new CEO
Mulberry said on Tuesday that it has appointed Andrea Baldo as its new chief executive officer, replacing Thierry Andretta who is stepping down with immediate effect.
Water Intelligence buys Ireland's Feakle Gas and Plumbing
Water Intelligence, a multinational provider of minimally-invasive leak detection and remediation solutions, announced the strategic acquisition of Feakle Gas and Plumbing (FG&P) in Ireland on Tuesday, through its Water Intelligence International (WII) subsidiary.
Strategic Minerals reports record sales in June quarter
Strategic Minerals reported record-breaking sales for the quarter ended 30 June on Tuesday, driven by a significant increase in demand at its Cobre operation.
Dassault Systemes cuts full-year outlook due to customer delays
Shares in Dassault Systemes were in the red on Tuesday after the French software group reduced its profit outlook for 2024 on the back of customer order delays.
Synectics reports strong set of first-half results
Security and surveillance system specialist Synectics reported a strong set of unaudited interim results on Tuesday, with a 20% rise in revenue, reaching £26. 3m compared to £21. 9m in the first six months of 2023.
PRS REIT extends, amends advisory agreements
PRS REIT announced on Tuesday that it has extended its investment advisory agreement and development management agreement with Sigma PRS Management, effective from 1 July.
Thames Water warns on cash as liquidity falls further
The UK’s largest water company Thames Water could see its cash run dry by the end of next May, it was revealed on Tuesday.
Panthera Resources kicks off drilling programme at Kalaka
West Africa and India-focussed gold explorer and developer Panthera Resources announced the start of a diamond drilling programme at the Kalaka Project in Mali on Tuesday.
TPXimpact meets all full-year financial targets
TPXimpact announced its unaudited preliminary results on Tuesday, meeting all of its financial targets and exceeding market expectations for the year ended 31 March.
Recruiter PageGroup warns on profits
Recruiter PageGroup warned on profits on Tuesday, citing geopolitical and macroeconomic uncertainty.
Naked Wines agrees new credit facility, CFO to step down
Naked Wines announced the completion of a new $60m credit facility with PNC Bank on Tuesday, replacing its previous facility with Silicon Valley Bank.
Hunting lifts profit guidance after strong first half
Oil and gas services group Hunting said first-half trading was ahead of expectations with profits more than a fifth higher than last year, as it lifted its earnings forecast for the full year.
Capita to sell software business Capita One for £200m
Capita surged on Tuesday after announcing the sale of its public sector software business Capita One for £200m.
SSE advancing development of 2GW Dutch offshore wind farm
SSE announced on Tuesday that it is advancing the development of a 2GW offshore wind farm in the Netherlands alongside its partner, APG.