Company News
Network Rail CEO Mark Carne to retire later this year
Mark Carne, the chief executive of Network Rail has decided to retire from the company later on this year.
Directa Plus product launched in two new textile collections
Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, announced the launch of two new textile collections on Tuesday, containing the company's Graphene Plus (G+).
Tribal Group begins collaboration with Microsoft
Educational software and services provider Tribal Group announced on Tuesday that is collaborating with Microsoft to enable the organisation to expand the number of educational institutions and students that can access its student information systems.
Windar Photonics signals record year in 2017
Windar Photonics updated the market on its trading for the 12 month period to 31 December on Tuesday, reporting that overall, the company continued to make “good progress” in all of its important key areas.
Amino Technologies trebles profits on superior margins
Internet protocol software and device solutions firm Amino Technologies saw flat revenues from its recently wrapped up financial year, but reduced expenses and improved margins saw the AIM-quoted group push profits ahead over the period.
Cronin Group signs up two more firms to evaluate 'DigitalGlassware'
Cronin Group announced on Tuesday that it has entered into memoranda of understanding with two unnamed leading international life science reagent and chemicals manufacturers.
Dolphin Capital agrees to dispose of Triopetra project
High-end residential resort investment company Dolphin Capital Investors announced on Tuesday that, in line with its strategy to realise value through an orderly sale of assets, it has entered into an agreement for the disposal of its 100% interest in the Triopetra project - its development project in the southern side of Rethymno prefecture, Crete - to Deniage, a Cyprus entity affiliated with a large Saudi Arabian investment group.
Redx Pharma begins next study for RXC004
Drug discovery and development company Redx Pharma announced on Tuesday that it has commenced its Phase 1/2a study for the Porcupine inhibitor RXC004, with the first patient having now been dosed at The Christie in Manchester.
Elon Musk to send his Tesla Roadster into space on Tuesday
Tesla owner Elon Musk is sending the world’s most powerful rocket, the Falcon Heavy, into space on Tuesday to test its lift capacity which is designed to be double that of any current launcher.
Director dealings: Incoming Dunelm CEO picks up almost £250,000 in shares
Nick Wilkinson, who was confirmed as chief executive of British homewares retailer Dunelm last week, picked up 38,855 ordinary shares in the group on Tuesday in a display of his commitment to the company.
Wednesday preview: GSK's results and consumer healthcare plans under the microscope
GlaxoSmithKline's full year results will be under the microscope on Wednesday with the shares down by a quarter from last year's summer highs, while there's plenty more for investors who want to focus on the fundamentals rather than the technical levels that were hammering global markets in recent sessions.
MPs ask Carillion bosses to pay back bonuses after company's collapse
Former chief executive and chairman of Carillion apologised to MPs for the collapse of the construction and support services company and the effect on workers, pensioners and others but would not commit to demand to pay back their bonuses.
Fishing Republic finance director Russell Holmes resigns
AIM-listed fishing tackle retailer Fishing Republic said on Tuesday that finance director Russell Holmes has resigned to take up another position.
Frontier Developments revenues grow but margins tighten
British video games company Frontier Developments posted a fall in operating profit despite a slight improvement in revenue in its interim results for the six months leading to 30 November 2017 released on Tuesday.
Tesco fraud trial shelved after defendant has heart attack
The fraud trial of three former Tesco executives has been abandoned after one of the defendants had a heart attack.
Highland Gold doubles Russian project lifespan with new study
Jersey-based firm Highland Gold Mining announced on Tuesday that a definitive feasibility study completed by international consultancy group Fluor showed that its Kekura asset in Far Eastern Russia had an estimated 16-year lifespan.
Anglo Asian Mining increases production guidance
AIM-quoted group Anglo Asian Mining set its production guidance for the current financial year to be somewhere in the region of 78,000 to 84,000 gold equivalent ounces, increasing the mid-point of its earlier guidance by more than 13%.
MYCELX wins renewal of Quenchwater system contract
Clean water technology company MYCELX Technologies Corporation announced on Tuesday that its successful Quenchwater system has been renewed by SABIC, the diversified chemicals company.
Kosmos Energy refinances reserves-based lending facility
Kosmos Energy announced on Tuesday that it has refinanced its reserves based lending (RBL) facility.
SDX completes and tests new well at Sebou
North Africa-focussed oil and gas company SDX Energy announced on Tuesday that the ONZ-7 well on the Sebou permit in Morocco has been completed and tested.