Company News
Galileo to reap rewards as BMR secures Zambian zinc mine
BMR Group completed the purchase of Zambia's Star Zinc project on Friday, increasing Galileo Resources' stake in the mine and sending its share price up in response.
Gunsynd outlook 'promising' despite swinging from profit to loss
Gunsynd’s half year results were released on Friday, showing that the company swung to an interim loss and failed to make a sales profit.
SeaBird shares soar after doubling quarterly revenues
Shares in seismic data provider SeaBird skyrocketed on Friday after the firm announced that revenues in the three months leading to 31 December had come in at more than twice those recorded during the previous quarter.
W Resources gains major offtake deals for tungsten project
W Resources announced on Friday that it has secured two long-term offtake agreements for tungsten from its La Parilla mine in Spain.
Astra and MSD get positive cancer news from EU agency
AstraZeneca and US partner Merck & Co (MSD) have received a positive opinion from European drug regulators over their ovarian, fallopian tube, or peritoneal cancer therapy.
Summit Therapeutics to participate in BTIG Healthcare Conference
Drug discovery and development company Summit Therapeutics announced on Friday that its management would participate in one-on-one meetings at the 2018 BTIG Healthcare Conference.
Indus Gas offers to buy notes back from noteholders
Indus Gas announced on Friday that, as part of the company's continuing capital and liability management initiatives to optimise its debt capital structure, it was inviting the note holders to offer to sell for cash any and all of the outstanding notes held by them.
Bill Colvin resigns as Baron Oil chairman
Baron Oil announced the resignation of William ‘Bill’ Colvin as its chairman and a director of the company on Friday, with effect from 28 February.
Shield Therapeutics buoyed by recommendation from medicinal committee
Shield Therapeutics’ Feraccru product received a positive opinion from the Committee for Medicinal Products for Human use (CMPH) on Friday.
Chancellors Estates lists with OnTheMarket
Online property marketing platform operator OnTheMarket announced on Friday that, in line with the five-year agreement announced in November, the estate agency firm Chancellors Estates is now advertising its UK residential sales and lettings properties at OnTheMarket. com.
Ultimate Sports Group to make provision for struggling digital platform
Investment company Ultimate Sports Group updated the market on recent developments on Friday, following its announcement last June that the development of the UltimatePlayer. me digital platform - designed to increase the participation of children in school sports -had seen a number of challenges.
Crest Nicholson says Farnham regeneration agreement now unconditional
FTSE 250 residential developer Crest Nicholson said on Friday that its development agreement with Waverley Borough Council to deliver the £115m Brightwells regeneration of Farnham Town Centre is now unconditional.
Kingspan warns of further declines UK construction amid 'Brexit quagmire'
Irish insulation and building envelope solutions group Kingspan warned investors on Friday that a steep decline seen in demand for its insulated panels was likely to continue due to the "Brexit quagmire".
General Mills to buy Blue Buffalo for $40 a share
US food company General Mills made a move into the pet food market on Friday as it agreed to buy Blue Buffalo for $40 per share in cash, which is around $8bn.
Driver shares rev up after strong start to 2018
Driver Group’s shares jumped 14. 5% on Friday morning after the company reported stronger growth in the first four monyths of its financial year than it had been expecting.
Coventry Building Society posts impressive set of 2017 numbers
Coventry Building Society announced its results for the year ended 31 December on Friday, reporting “strong growth” in mortgages, with mortgage assets increasing £3bn to £35. 9bn, representing growth of 9%.
Online Blockchain hires new director who 'coined email'
Online Blockchain has appointed tech veteran William Louden as a director of the company, effective immediately.
Ofcom to open up BT poles, ban regional pricing in push for 'full fibre'
More British broadband users are set to benefit from super-fast internet speeds, after a draft decision by Ofcom today that will halve the upfront cost of building ‘full-fibre’ broadband networks.
Pantheon Resources halts testing of Texas frac after heavy rain
UK-based oil and gas exploration firm Pantheon Resources updated investors on Friday with the progress seen at its operations in East Texas, noting that while it was likely that blockages seen at its VOBM#1 well were likely to be remediated, testing at VOBM#4 had been forced into suspension due to poor weather.
Standard Life sells insurance arm to Phoenix for £3.2bn
Standard Life Aberdeen on Friday said it was selling its insurance arm to Phoenix for £3. 2bn.