Company News
ImmuPharma issues another update on Lupuzor
Specialist drug discovery and development company ImmuPharma confirmed a further update on its lead programme for a potential breakthrough compound for lupus, Lupuzor, on Tuesday.
Haydale makes first commercial sale to Everpower
Advanced materials group Haydale Graphene announced the first commercial sales of its products to Everpower Sheng Tie Xiamen Graphene Technology on Tuesday.
Helios Underwriting announces Inversanda acquisition
Helios Underwriting announced on Tuesday that, in line with its strategy of increasing underwriting capacity through acquisition, and following approval of a change of control by Lloyd's of London, it has agreed to acquire Inversanda - a limited liability member of Lloyd's - for a consideration of £0. 24m in cash.
Galantas given judgement date in Omagh consent dispute
Galantas Gold Corporation announced on Tuesday that it has been notified of a date listed for judgement in a judicial review into the planning consent for underground development at its wholly-owned Omagh Gold Mine in Northern Ireland.
Carnival beats forecasts, guides higher despite impact of hurricanes
It was calm seas for Carnival during the third quarter as stronger demand drove a five per cent improvement in cruise tiket pricing and the company guided towards the upper end of its previous guidance for profits.
Castleton Technology delivers on two 'milestone' contracts
Software and managed services provider Castleton Technology announced on Tuesday that it has delivered its integrated product suite on two milestone contracts, both of which run for a period of ten years.
Wednesday preview: Could Boohoo results surprise?
One of the most anticipated results on Wednesday is that of an AIM-listed online retailer, Boohoo. com, which may outshine FTSE 350 names reporting on the same day, including SSE, PZ Cussons and Grainger.
WANdisco integrates 'Fusion' with Microsoft's Azure
Provider of ‘active data replication’, WANdisco, announced on Tuesday that its patented technology ‘WANdisco Fusion’ was now fully integrated with Microsoft Azure HDInsight.
Copper prices seen falling in 2018, Morgan Stanley sees worst impact for Kaz Minerals
Copper miner Kaz Minerals faces the greatest potential impact from a predicted fall in prices of the commodity, warned Morgan Stanley as it downgraded the stock to ‘underweight’ from ‘equal-weight’ after a recent strong performance.
RedstoneConnect secures two new agreements with financial firms
Building and commercial space technology and service provider RedstoneConnect has secured two new agreements for its ‘in-building cellular’ (IBC) and distributed antenna systems (DAS) solutions, further extending the company's reach into the financial services sector, it announced on Tuesday.
Safestore swoops for Stork to immediately lift earnings
Safestore sealed the £56m cash acquisition of Stork Self Storage, trading as Alligator, that it expects to boost earnings immediately upon completion.
Frontera Resources knows no reason for recent share price rise
AIM-listed oil and gas exploration and production company Frontera Resources said on Tuesday that it knows of no specific reason for the recent jump in its share price.
Next 15 swallows up Charterhouse Research
Digital communications group Next Fifteen Communications announced the acquisition of the entire issued share capital of Charterhouse Research through its data and insights subsidiary, MIG Global.
Investment trusts enjoy record purchases in first half, AIC reports
UK investment trusts enjoyed their strongest ever start to a year, with purchases by advisers and wealth managers increasing 74% compared to the first half of 2016.
Cost of travelling to Spain expected to rise further, Thomas Cook says
The cost of travelling to Spain is expected to rise by an additional 5% to 10% next year due to the weakness of sterling, even as other Mediterranean destinations regain the favour of holidaymakers, said Thomas Cook.
Thomas Cook links up with Swiss group to accelerate hotel growth
Thomas Cook said it was confident of hitting full-year targets after a good summer season and agreed a deal with Swiss hotel investors to buy a stake in a German resort operator and jointly invest in growing the UK company's own-brand hotels.
New music device using 7digital service launched
End-to-end digital music solutions provider 7digital Group noted the launch of new music entertainment device ‘ROXI’ on Tuesday, which was released by its client Electric Jukebox on 21 September.
AA confirms ex-Uber man Breakwell as CEO, shares skid despite in-line profits
As well as hitting half-year targets, the AA has appointed former Expedia and Uber executive Simon Breakwell its permanent chief executive to "sharpen focus" on the parts of the businesses where there are "most value and future profit opportunity".
Close Brothers profit up 13% but warns over Brexit impact
FTSE 250 merchant bank Close Brothers said on Tuesday that profit for the year rose 13% as profits rose across all three of its divisions, although it warned over the impact of the longer-term economic outlook and Brexit on its customers.
Card Factory revenues jump but profit drops on FX, national living wage
Retailer Card Factory reported a jump in revenue for the first half as it declared a special dividend, but profit declined on the back of foreign exchange movements, the national living wage and investments.