Latest News
Inland Homes appoints MD to board following 'tremendous' impact
Housebuilder Inland Homes announced on Wednesday that managing director Gary John Skinner has been appointed to the board of directors with immediate effect.
Deltex Medical Group sees losses narrow despite faltering revenue growth
Oesophageal Doppler monitoring firm Deltex Medical Group saw its shares dip on Wednesday after the company revealed that, although its 2017 pre-tax loss had narrowed, the company’s revenues declined 6% to £5. 9m.
Vipera narrows losses as it receives cash offer
Specialist mobile financial software services provider Vipera announced its preliminary audited financial results for the year ended 31 December on Wednesday, reporting a 27% rise in total revenue to €10. 1m year-on-year.
TyraTech well on track after operationally successful first quarter
Life sciences company TyraTech updated the market on recent progress with its animal health products, following the successful sale of ‘Vamousse’ as announced on 4 December.
Mylan ups revenue guidance after first-quarter miss
American speciality pharmaceuticals company Mylan reported a fall in revenue for first-quarter on Wednesday but upped its full year guidance.
Vertu seen as more favourable prospect by Canaccord, who hikes target
The UK's fifth largest motor retailer Vertu Motors was seen as a more favourable prospect by Canaccord Genuity after the AIM-quoted firm posted a rise in pre-tax profits in its most recent trading year, despite seeing a slight decrease in revenues.
Vodafone to gobble up Liberty Global operations in Germany and further east
Vodafone has agreed to acquire Liberty Global's operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18. 4bn, the telco giant announced on Wednesday.
Cello Health makes strong start to year, shareholders told
Healthcare-focused advisory group Cello Health told shareholders it had made a strong start to the year on Wednesday, as they met for the company’s annual general meeting.
Greggs strikes cautious note as bad weather dents sales
Greggs struck a cautious note on Wednesday as it said underlying profits are likely to be flat year-on-year, with trading in March and April hit by weaker market conditions.
IGas production in line as it offloads non-core assets
IGas updated the market on its trading in the year-to-date on Wednesday, confirming that net production was in line with budget for the first four months of the year at an average of 2,323 barrels of oil equivalent per day, as investors gathered for the firm’s annual general meeting.
Limitless Earth to partially sell down Saxa Gres holding
Investing company Limitless Earth updated the market on its investment in Italian industrial waste recycling firm Saxa Gres on Wednesday, confirming that it was selling down part of its holding.
Sainsbury's-Asda synergies could be £1.5bn, Berenberg says
Synergies from Sainsbury’s agreed purchase of Asda from Walmart could be as high as £1. 5bn, Berenberg analysts said as they raised their price target for the FTSE 100 grocer.
Europeans stand by Iran nuclear deal after US pullout, Peugeot stalls
Germany, France, China and Russia declared their committed to the Iran nuclear deal on Wednesday after the US decided to withdraw support overnight, while shares in companies such as Airbus and Peugeot fell on worries about whether business could be effected.
Mirriad makes good operational progress as losses widen
Video technology company Mirriad Advertising announced its audited results for the year ended 31 December on Wednesday, reporting a 23% jump in revenue to £0. 87m as it deployed its services in key advertising markets.
Greatland sees positive results from recent Ernest Giles testing
Precious and base metals exploration and development company Greatland Gold announced results of recent mobile metal ion sampling at its Ernest Giles project on Wednesday, reporting that results from more than 980 samples collected at the Meadows, Empress and Wishbone areas confirmed existing gold targets, and generated new targets.
Walmart to buy 77% stake in India's Flipkart for $16bn
Walmart has agreed to buy a 77% stake in Indian online retailer Flipkart for $16bn.
Standard Lithium signs brine testing deal with Lanxess
Standard Lithium announced the signing of a memorandum of understanding with global specialty chemicals company Lanxess Corporation and its US affiliate Great Lakes Chemical Corporation on Wednesday.
Microsaic inks Asia Pacific distribution agreement with Rightek
Mass spectrometry instruments developer Microsaic Systems has inked an agreement with a Taiwanese scientific equipment distributor covering the distribution across the Asia Pacific region of its 4500 MiD instrument.
Credit Suisse ups target price on 'confident' Pearson
With Pearson's management showing signs of increasing confidence as the first quarter drew to a close, analysts at Credit Suisse saw reason to believe that the FTSE 100 educational publisher can deliver stronger earnings this year than first envisaged.
