Technology
Renalytix test gets US FDA marketing authorisation
Renalytix announced on Friday that the US Food and Drug Administration (FDA) had granted De Novo marketing authorisation for its ‘KidneyIntelX. dkd’ prognostic test.
Trackwise defers results amid customer delays
Printed circuit specialist Trackwise Designs said in an update on Friday that, due to the intensive demands on its management team and the need to address the impact of the existing UK electric vehicle original equipment manufacturer (EV OEM) customer, the completion of its 2022 audit had been delayed.
ITM Power gets UKCA marking for electrolyser stack
ITM Power announced on Friday that its MEP30 electrolyser stack has achieved UKCA marking.
Berenberg cuts target price on Vodafone, but keeps at 'hold'
Analysts at Berenberg cut their target price for shares of Vodafone despite what they said was its cheap valuation and 10. 5% dividend yield.
Berenberg lowers Marlowe target price but sees potential for medium-term rerating
Analysts at Berenberg slashed their target price for shares of Marlowe, but kept their recommendation at a 'buy'.
Aferian trading in line with expectations
Video streaming technology and solutions specialist Aferian said in an update on Wednesday that its trading performance was in line with the expectations and outlook it announced on 31 May.
DX Group investing £3m in electric vans for IKEA contract
DX Group announced a significant investment of £3m in new electric vehicles exclusively for its delivery and logistics partnership with furniture retailing giant IKEA on Wednesday.
J.P. Morgan stays 'overweight' on BAE Systems, despite possible quicker end to war
Analysts at J. P. Morgan retained their 'overweight' stance for BAE Systems despite speculation that the past weekend's events in Russia might foreshadow a quicker end to the war in Ukraine.
Eleco acquires project portfolio software firm BestOutcome
Built environment software specialist Eleco announced the acquisition of BestOutcome, a leading UK provider of project portfolio management (PPM) software, on Tuesday.
MobilityOne joint venture with Super Apps faces further delay
E-commerce infrastructure payments and platform provider MobilityOne updated the market on its joint venture plans with Super Apps on Tuesday, after a statement was filed by Technology & Telecommunication Acquisition Corporation (TETE) on 26 June.
3D Systems sweetens its offer for Stratasys
3D Systems upped its offer to acquire Stratasys on Tuesday, in response to a competing merger proposal from Desktop Metal.
Wise confident after year of serious growth
Money transfer specialist Wise reported revenue of £846. 1m in its preliminary results on Tuesday, representing a 51% surge compared to the prior financial year.
Creo Medical's 'Speedboat Inject' used for first time in Europe
Surgical endoscopy specialist Creo Medical announced on Monday that Dr Adolfo Parra-Blanco at Nottingham University Hospital NHS Trust had become the first clinician to perform an upper gastrointestinal (GI) tract ‘Speedboat Inject’ case in Europe, since clearance was gained last week.
Duke Royalty puts another £1.8m into Tristone Healthcare
Alternative capital provider Duke Royalty announced an additional investment of £1. 8m into its existing partner Tristone Healthcare on Monday.
Sareum granted new patents in China, US
Clinical-stage biotechnology developer Sareum announced the granting of patents for its lead kinase inhibitors in China and the United States on Monday.
LPA gets the go-ahead to buy carriage connector line
LPA Group has received formal approval from its customer for the purchase of the product line of railway inter-carriage electrical connectors, it announced on Monday.
LifeSafe upbeat on much stronger start to year
Fire safety technology specialist LifeSafe reported robust sales growth in the first five months of the year in an update on Monday.
Filtronic set to end year in line with market expectations
Aerospace, defence, telecoms and communications products designer and manufacturer Filtronic reported revenue and adjusted EBITDA figures in line with market expectations in a trading update on Friday.
Pelatro describes solid recent trading
Customer engagement and software specialist Pelatro said in an update on Friday that it has secured several new contracts with large customers recently, further bolstering its recurring revenue base.
Europe open: Stocks on the defensive after weak PMIs, euro awalloped
Stocks on the Continent were trading on the back foot following the release of much weaker than expected readings for euro area factory and services activity.