Company News
Apple finds serious labour and environmental violations as audits expand
Apple has announced on Wednesday that it has found serious violations of labour and environmental policies after expanding its audit into staff conditions at its manufacturing activities.
Keras investee set for gold drilling as study identifies key targets
Mineral resource company Keras Resources’ investee Calidus Resources has completed a regional target generation study over its Warrawoona gold project, the company announced on Thursday.
Interserve surge squeezes shorts amid Emerald rescue reports
Interserve shares surged more than 40% on Thursday afternoon, exerting a deep squeeze on one of the most shorted stocks on the London Stock Exchange.
Wood Group wins contract with Aramco and SABIC
Wood Group has won a new contract to develop the world’s largest crude oil to chemicals complex in the Kingdom of Saudi Arabia for Saudi Aramco and SABIC.
Thor announces new strategy after tungsten named 'critical commodity'
Thor Mining announced a change in strategic direction on Thursday, indicating an increased focus on its Pilot Mountain, Molyhil and Kapunda projects.
Conviviality sees current year earnings 20% below market views
AIM-listed alcohol wholesaler Conviviality was under pressure on Thursday after saying that adjusted earnings before interest, tax depreciation and amortisation for the current year are likely to be around 20% below current market expectations.
Empyrean Energy to resume testing operations after well analysis
Oil and gas exploration company Empyrean Energy is due to resume testing operations on the Dempsey well in California later this month, the company said on Thursday.
Friday preview: US non-farm payrolls; results from GVC, Inmarsat and SIG
Unless Friday's US jobs report is very bad, Federal Reserve policymakers are quite likely to raise interest rates at their meeting later this month.
SalvaRX sees 'substantial progress' as investees score patent protection
Drug development company SalvaRX Group offered a business update on Thursday, confirming significant progress for investees iOx Therapeutics and Intensity Therapeutics.
Concepta gets ethics committee approval for myLotus UK trials
Women’s fertility mobile health product developer Concepta announced on Thursday that it has received ethics committee approval to start the user trial for its myLotus product in the UK.
Platinum Eagle eyes FanDuel acquisition after failed DraftKings merger
Fantasy sports company FanDuel was said to be eyeing another merger, just eight months after its proposed combination with DraftKings that was later blocked by antitrust regulators.
Berenberg upgrades UBM, says Informa paying near industry-record multiple
Berenberg upgraded business-to-business event organiser UBM from 'sell' to 'hold' on Thursday and upped its target price from 675p to 930p as risks to the fashion industry, the firm's largest sector, seemed "less relevant now".
Improved second half sees FIH lift expectations
Falkland Islands-focussed specialist services group FIH updated the market on its expected trading performance for the year ending 31 March on Thursday, reporting that based on management results for the 10 months to January and on current levels of trading activity, it now expected overall underlying pre-tax profits would be higher than previously anticipated.
Applied Graphene Materials sees success in tailgate collaboration
Specialty graphene materials producer Applied Graphene Materials announced the first result of its collaboration with Magna Exteriors and SHD Composites on the W Motors Fenyr SuperSport tailgate on Thursday.
Diversified completes £67m acquisition of Alliance Petroleum
Independent US-based gas and oil producer Diversified Gas & Oil confirmed on Thursday that it has completed the acquisition of Alliance Petroleum Corporation.
Starcom manages to narrow losses in 2017
Wireless tracking, monitoring and protection technology specialist Starcom announced its final results for the year ended 31 December on Thursday, reporting a 6% increase in revenue to $5. 4m.
Melrose gets shareholder, EC OK for hostile GKN bid as engineer lays out strategic plan
Turnaround specialist Melrose Industries said on Thursday that its shareholders and the European Commission have backed its £7. 4bn hostile bid for engineer GKN.
Capital & Regional pleased with repositioning programme
Community shopping centre investor Capital & Regional announced its results for the year ended 30 December on Thursday, with adjusted profit rising 8. 6% to £29. 1m, and adjusted earnings per share ahead 7. 3% at 4. 10p.
Gama Aviation appoints new director of corporate development
Aviation services company Gama Aviation has appointed Richard Kearsey as its director of corporate development following the conclusion of the AIM-quoted firm's successful £48m equity placing.
Anglo-Irish agribusiness Origin pleases with quiet first half progress
Agri-services group Origin Enterprises announced its interim results for the half year ended 31 January on Thursday, reporting good first half performance in a seasonally quiet trading period, with operating profit 12. 6% higher at €2. 3m.