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Ixico sees only 'modest' impact on trading from Covid-19
Data analytics company Ixico said on Wednesday that Covid-19 had only had a "modest" impact on trading and stated it expects to maintain double-digit revenue growth in 2021.
Allergy Therapeutics on track to 'significantly' exceed FY expectations
Biotechnology company Allergy Therapeutics said on Wednesday that its 2020 trading performance was on track to exceed market expectations.
United Oil reports rise in reserves at Abu Sennan
United Oil & Gas updated the market on reserves at Abu Sennan as well as its production on Wednesday, reporting gross average production of 13,900 barrels of oil equivalent per day from the concession in the first half of June.
Wirecard shares tumble further after Braun stake sale
Wirecard shares fell again after the company's former chief executive was reported to have sold 5. 5m shares in the scandal-ridden payments company to meet obligations under a loan agreement.
London Capital & Finance auditors face probe over 'mini bonds' scandal
Britain’s auditing watchdog has started inquiries into major accounting firms over their role in the London Capital & Finance "mini bonds" scandal that has cost investors more than £200m.
Amur Minerals outlines plan for Kun-Manie feasibility study
Nickel-copper sulphide exploration and development company Amur Minerals Corporation updated shareholders on its strategy for the compilation of the bankable feasibility study on its Kun-Manie nickel-copper sulphide project in Russia’s far east, which it noted was adjacent to the largest nickel consuming nations of China, Korea and Japan.
Futura makes good progress with topical erectile dysfunction treatment
Futura Medical updated the market on Wednesday, reporting that the impact of the Covid-19 pandemic on the company had been “limited” to date.
Europe open: Stocks drop amid risk of second pandemic wave
Stocks in Europe are trading sharply lower as investors assess the risks around a possible second wave of Covid-19 infections around the globe and the dampening effect - or not - that will continue to exert on economies.
Premier Foods sees annual results ahead of estimates after 'strong' Q1
Mr Kipling and Bisto owner Premier Foods said on Wednesday that annual revenue and trading profit are set to be ahead of expectations following a strong first quarter, amid a rise in home cooking amid lockdown.
German Ifo index posts record rise in June as sentiment improves
Business confidence in Germany improved in June as lockdown measures were eased, according to a survey released by the Ifo Institute on Wednesday.
Lookers seeks new chairman in board purge
Lookers is seeking a new chairman and two more directors as part of a board clearout at the embattled car dealer.
Petrofac reports $6.4bn order backlog; warns of engineering hit
Oilfield services firm Petrofac said its group order backlog fell 13% at the end of May as it warned of a significant impact on its engineering division from the coronavirus pandemic.
London open: Stocks fall on concerns over rising US coronavirus cases
London stocks fell in early trade on Wednesday following solid gains in the previous session, as a rise in coronavirus cases in the US weighed on sentiment.
AG Barr says Rockstar contract has ended, trading still dented by lockdown
Shares of AG Barr fizzed lower after the Irn-Bru maker said late on Tuesday that its sale and distribution contract with US energy drinks company Rockstar Inc had been terminated and that trading continues to be dented by the Covid-19 lockdown.
Naked Wines revenue surges as online demand jumps
Naked Wines said revenue jumped in April and May as online wine purchases rocketed during Covid-19 lockdowns in the UK and US.
Avacta upbeat on evaluation of Covid-19 test strips
Avacta Group announced on Wednesday that the first ‘Affimer’-based rapid test strips to detect SARS-CoV-2 (Covid-19) spike protein had been developed and evaluated by its partners at Cytiva - formerly GE Healthcare Life Sciences - and reportedly showed positive initial performance data.
Avon Rubber wins US defence contract for mask supply
Avon Rubber announced on Wednesday that its Avon Protection division has been awarded a sole source requirements contract to supply the United States Department of Defense with its ‘M50 Mask System’, related spares and accessories.
Wetherspoon confirms £48m Covid loan ahead of July 4 reopening
Pub group JD Wetherspoon confirmed it had secured a £48. 3m loan under the government’s coronavirus loan scheme as it prepared to open 750 pubs on July 4.
Persimmon hires National Express's Finch as CEO
Persimmon has recruited National Express Chief Executive Dean Finch as the housebuilder's next CEO to replace David Jenkinson.
Petrofac keeps guidance suspended, GVC says betting reviving from lockdown
London open The FTSE 100 is expected to open 37 points lower on Wednesday, having closed up 1. 21% at 6,320. 12 on Tuesday.