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SRT Marine Systems reports buoyant sales
SRT Marine Systems buoyed investors' mood on Wednesday as the maritime technology developer said it expects to report a 22% year on year increase in annual revenues and 8% growth in profits.
Cabot Energy says on track to meet FY production rates
AIM-listed Cabot Energy on Wednesday said it was still on track to meet its full year exit production rate of 1,600 – 2,000 barrels of oil per day (bopd).
Trafalgar Property Group boosted by development agreement with DIS Partners Holding
Trafalgar Property Group saw its shares jump 17% on Wednesday after it announced it had signed a memorandum of understanding (MOU) with DIS Partners Holding Luxembourg.
Mosman Oil and Gas loans GEM A$100,000 to aid 'revitalisation'
Shares in Mosman Oil and Gas took a hit on Wednesday after the company admitted it has provided a loan to its partially owned subsidiary Gem International Resources (GEM) due to its "poor financial position".
Flying Brands subsidiary inks distribution agreement with EnvoyAI
Jersey-based investment company Flying Brands's newly-acquired subsidiary has entered into a distribution agreement with an artificial intelligence platform that will see the medical imaging software company's products available for purchase on its exchange.
US pre-open: Stocks to drop amid geopolitical tensions; Fed minutes and inflation eyed
US futures pointed to a downbeat open on Wall Street on Wednesday amid caution ahead of the latest Federal Reserve minutes and US inflation data, as geopolitical tensions weighed on sentiment.
London midday: Stocks maintain losses as manufacturing data disappoints
London stocks were still in the red by midday on Wednesday following an unexpected drop in UK manufacturing and a sharp fall in construction output, as the bright spot of Tesco's results was overshadowed by investor caution over geopolitical tensions and ahead of US inflation figures and Federal Reserve minutes.
Universe Group profits sink after contract delay
AIM-quoted fintech business Universe Group saw a sharp fall in profits in its most recent trading year as contract delays offset broadly flat revenues.
Verona Pharma's chief medical officer resigns
Kenneth Newman, chief medical officer of clinical-stage biopharmaceutical company Verona Pharma, will stand down from his position on 30 April in order to pursue "other opportunities".
Escape Hunt profits improve in first year since readmission to AIM
Escape rooms operator Escape Hunt saw profits improve in its first trading year since its readmission to AIM, leading the group to take steps towards expanding into at least five further locations across the UK.
Europe open: Geopolitical, trade concerns dampen sentiment
Stocks are holding lower, with traders apparently of a cautious bent due to the possibility of a military strike against Syria over coming days, amid multiple other concerns.
CAP-XX to unveil groundbreaking 3-volt supercapacitor in Berlin
Supercapacitor developer CAP-XX said it has developed the industry’s first ever 3V super-thin supercapacitor for use in internet-of-things and wearable devices.
Zuckerberg impresses investors with Congress testimony on data breach
Facebook stock rebounded overnight as Mark Zuckerberg, the founder and CEO of social media behemoth, took full responsibility for the theft of millions of Facebook users’ data as he gave testimony on Tuesday to Congress, vowing to strengthen privacy settings and the fight against hate speech and fake news.
Digital advertising market should face CMA probe - Lords committee
An influential UK parliamentary committee has called for an antitrust investigation of the digital advertising market and for the government to review whether competition law "is appropriate for the 21st century digital economy".
UK construction output falls sharply in February
UK construction output fell sharply in February, taking a hit from adverse weather conditions, according to data from the Office for National Statistics.
UK manufacturing output shrinks more than expected
UK manufacturing output is growing at the slowest rate since last summer, according to official figures released on Wednesday that came in well below forecast.
AEW sells most of Pearl Assurance House in Nottingham
Regional UK commercial property investor AEW UK REIT announced the sale of office accommodation at Pearl Assurance House, Nottingham, for £3. 65m on Wednesday.
Atalaya maintains guidance as developments continue apace
Atalaya Mining issued an operations update for the first quarter of 2018 on Wednesday, reporting that copper production at Proyecto Riotinto increased to 9,441 tonnes from 8,805 tonnes at the same time last year, representing an increase of 7. 1%.
EasyHotel highlights solid progress in extensive trading update
Super-budget hotel owner, developer and operator easyHotel updated the market on its trading for the six months ended 31 March on Wednesday, reporting that it had continued to “significantly outperform” the budget market over the course of the period.
Byotrol reassures on profits and cash levels
Shares in antimicrobial technologies group Byotrol jumped on Wednesday morning after it updated the market on its year of significant investment in both the business itself and its technologies.