Company News
UBS issues SThree with 'buy' rating
Analysts at Swiss broker UBS issued a 'buy' rating on Friday for shares of London-based recruitment firm SThree together with a target price of 450p.
Physiomics wins major new pharma client
Technology-based cancer treatment solutions provider Physiomics announced on Friday that it has been awarded a contract by an unnamed new major pharmaceutical client.
Molins to begin trading under new Mpac moniker
Global packaging solutions group Molins announced on Friday that, as it indicated earlier in the week, the company was being renamed Mpac Group.
Jaywing launches new AI product 'Archetype'
Data science specialist Jaywing launched ‘Archetype’ on Friday, which it said is a new technology product that uses artificial intelligence (AI) to generate statistical models.
Palace Capital agrees new £40m facility with Barclays
Property investment company Palace Capital announced on Friday that it has entered into a new five-year £40m bank facility with Barclays Bank.
Paternoster Resources seeking to cut operational costs
Paternoster Resources announced an update on its strategy on Friday, as it seeked to cut costs amid a fresh investment push in tandem with a new partner.
SolGold begins targeting high-grade extensions at Cascabel
Australia-based copper and gold exploration and development company SolGold provided investors with an update on its Cascabel project in Northern Ecuador on Friday as its drilling focus moved towards targeting high-grade extensions to the Alpala resource.
Arena Events Group trades in line with 2017 expectations
Arena Events Group announced on Friday that underlying trading for the year to 31 December 2017 was in line with market expectations.
Calls for graphic warnings on alcohol sold in UK
Bottles and cans of alcohol sold in the UK should be covered with graphic cigarette-style health warnings to highlight the risks of exceeding the recommended limit, the Royal Society for Public Health has demanded.
Scientific Digital Imaging doubles profits on improved margins
Technology firm Scientific Digital Imaging increased revenue by a third in the half-year to 31 October, as organic growth and acquisitions boosted profits.
Provident Financial director jumps ship
Provident Financial's boardroom lost another director on Friday, as financial services veteran David Sear jumped ship, with the embattled group's chairman having died in November and the search for a new chief executive also ongoing.
Intel posts record results but warns on security flaws
Chipmaker Intel beat market expectations to report a record finish to 2017 – but the US giant also warned, for the first time, that fallout from recently discovered security flaws could prove damaging.
Ingenta confirms dividend payments as margins improve
Content management service Ingenta continued to see margin improvements in its recently ended trading year, leading the group to reiterate its dividend intentions.
AFC Energy announces departure of finance chief
Industrial fuel cell power business AFC Energy announced on Friday that Richard Tuffill, the Surrey-based group's chief financial officer, would be leaving the company at the beginning of March.
GSK gets two positive recommendation from EU medicines agency
Pharmaceutical company GlaxoSmithKline have received positive recommendations from the European medicines approval committee for two treatments on Friday, one an inhaled asthma treatment and the other for prevention of shingles.
F&C Managed trust outperforms FTSE in first half
F&C Managed Portfolio Trust saw a net asset value total return of 2% for income shares and 6. 3% for its growth shares over the course of its first trading half, outperforming the FTSE with its total return of -0. 2%.
ReNeuron presents positive data for CTX cell therapy candidate
Cell-based therapeutics developer ReNeuron Group announced on Friday that positive long-term data from the Phase II clinical trial - PISCES II -of its CTX cell therapy candidate for stroke disability was accepted for a podium presentation given on Thursday at the American Heart Association International Stroke Conference 2018.
Serabi Gold updates mineral figures for Palito and Sao Chico
Brazil-focussed gold mining and development company Serabi Gold announced the filing of the technical report for its Palito Mining Complex on Friday, along with updated estimates of mineral reserves and mineral resources for each of the Palito and Sao Chico orebodies.
Georgia Healthcare Group signs on Ministry of Internal Affairs as client
Georgia Healthcare Group announced on Friday that its medical insurance business has acquired a significant new client, the Georgian Ministry of Internal Affairs, by winning a recent tender process.
GVC Holdings makes €200m provision for Greek tax bill, says it will appeal
Sports betting and gaming group GVC Holdings has made a provision of around €200m in its 2017 financial accounts after its Greek subsidiary received a €186. 77m tax bill for 2010 and 2011.