Company News
Big Sofa Technologies enters US video-analytics market
Video-analytics company Big Sofa Technologies is expanding in the North American market with the opening of a new office in the US.
Citi downgrades Esure as it sees little scope for outperformance
Citi downgraded Esure to ‘neutral’ on Tuesday, saying it sees little scope for outperformance in the insurer’s 2017 guidance.
Hunters Property plans placing to buy Gloucestershire agent for £2.5m
Letting agency Hunters Property is to buy Bristol and Gloucestershire estate agent Besley Hill Franchising for £2. 5m, which will be part financed through an equity placing.
Good Energy Group to buy wind energy from Danish firm
Renewable electricity supplier Good Energy Group has agreed to source offshore wind power from Dong Energy’s wind farm in the North Sea.
Deutsche Bank said to face regulatory fines over currency trades
Deutsche Bank was said to be facing fines by the Federal Reserve and New York's Department of Financial Services for its currency trades.
88 Energy’s Arctic Fox drill rig completes mobilisation to appraisal well
88 Energy’s Arctic Fox drilling rig in the North Slope of Alaska has completed mobilisation to the oil and gas explorer's appraisal well.
Earnings improve at NAHL Group despite fall in revenue
Legal services-focussed UK consumer marketing business NAHL Group announced its final results for the year ended 31 December on Tuesday, with underlying revenue declining 2. 6% year-on-year to £49. 4m.
Sinclair Pharma narrows losses as it focusses on aesthetics business
International aesthetics company Sinclair Pharma announced its unaudited results for the year to 31 December on Tuesday, with revenue from continuing operations rising to £37. 82m from £24. 97m in the prior period.
Caledonia Mining sparkles after stellar year at Blanket
Caledonia Mining Corporation announced its operating and financial results for the fourth quarter and the year ended 31 December on Tuesday.
888 Holdings FY profit and revenue jump, special divi announced
Online gaming entertainment and solutions provider 888 Holdings reported a rise in revenue for the year ended 31 December as it lifted its dividend and announced a special dividend.
Microsaic misses revenue target for 2016
Chip-based mass spectrometry instruments developer Microsaic Systems announced its audited financial results for the year ended 31 December on Tuesday, with the board claiming a reduction in the company's cost base and a closely managed cash flow.
Fever-Tree profit more than doubles, revenue surges on strong UK performance
Drink mixers maker Fever-Tree reported a surge in profit and revenue for the year to the end of December thanks to strong sales growth across all its regions and channels.
Alliance Pharma wins £5m compensation from Sinclair Pharma
AIM-listed Alliance Pharma has gained £5m in compensation from Sinclair Pharma in connection to a sales-shortfall of Kelo-stretch, a cream that treats stretch marks, which it bought in December 2015 as part of its acquisition of Sinclair's healthcare products business.
Independent Oil & Gas appoints deputy CEO and CFO
AIM-listed North Sea explorer Independent Oil & Gas has made several changes to its board and management including the appointment of a new deputy chief executive and chief financial officer.
Audioboom drumming up £4m to consolidate revenue growth
Spoken word audio on-demand platform Audioboom is aiming to raise £4m in order to consolidate the company’s revenue growth.
Polymetal delays Russian decision as Polyus sells out to Kulakov
Polymetal International has been given an extra three months to decide whether to enter into the next stage of its 18%-owned Russian joint venture after partner Polyus Gold sold out.
CLS Holdings to buy German property for €15m
CLS Holdings said it has exchanged contracts to buy a multi-let office property in Perlach, in the south-east of Munich, Germany, for €15. 3m (£13m).
Faroe Petroleum bumps up full-year 2017 production guidance
Norway and UK-focused Faroe Petroleum reported a large rise in full-year 2016 production amid a ramp-up in exploration, while bumping its guidance for 2017.
Bellway booming as builders enjoy looser planning permissions
Bellway hoisted its interim dividend 10% as the housebuilder enjoyed continued strong demand in the first half and maintained its targets for the full year as the second half got off to a strong start to the spring selling season.
Enquest says Kraken running on schedule and under budget
Enquest said the development of the Kraken field was continuing to run on schedule and under budget, while reiterating previous guidance for full-year 2017 production of between 45,000 and 51,000 barrels per day.