Company News
'Transformative year' sees Oxford Biomedica profit from two huge contracts
Biopharmaceutical company Oxford Biomedica saw its shares rise on Thursday after its first half gross income more than doubled due to two huge contracts.
Morrisons grows at fastest rate since 2009
Morrisons declared a bumper special interim dividend after like-for-like sales in the second quarter grew at the fastest rate since 2009 thanks to speedier development of its wholesale deals and other innovative uses of store space.
Scapa buys Acelity's advanced wound dressings facility
AIM-listed Scapa has announced the acquisition of Acelity's advanced wound dressings manufacturing facility in Gargrave for £31m in cash.
Ophir Energy will 'significantly downsize' its London operations
Ophir Energy will "significantly downsize" its presence in London ahead of its transitioning into being an Asia-led firm.
Metminco narrows losses as disposal fees come off the books
Metminco saw its losses narrow significantly during the first half of its trading year.
Friday preview: US data barrage, Investec in focus
The focus at the weekend - barring surprises around international trade or Brexit - will be on a barrage of economic data scheduled for release in the States.
Attraqt signs multi-year contract with 'iconic' British luxury brand
Attraqt Group has signed a £640,000 multi-year contract with an "iconic" British luxury brand.
Workspace buys Shepherds Bush property for £125m
Workspace has exchanged contracts to buy The Shepherds Building in W14 from Helical for £125. 3m in cash, in a deal that will be funded from existing facilities.
Verseon gets approval for VE-1902 clinical trial
Technology-based pharmaceutical company Verseon has received ethics committee approval and acknowledgement from the Therapeutic Goods Administration in Australia for the phase I clinical trial of VE-1902, it announced on Thursday.
Strategic Minerals exchanges contracts for sale of CARE gold targets
Producing mineral company Strategic Minerals has now exchanged contracts for the sale of certain tenements identified as gold targets, currently owned by its wholly owned subsidiary Central Australian Rare Earths (CARE) to ASX-listed Great Southern Mining (GSN), it announced on Thursday.
Hurricane Energy makes good progress at Lancaster Field
UK-based oil and gas company Hurricane Energy updated the market on its operations on the early production system development of the Lancaster Field on Thursday, reporting that the installation of subsea umbilical, risers and flowlines (SURF) had been successfully completed.
Ideagen eyes £20m placing to fund further acquisitions
Ideagen announced its intention to raise £20m in order to fund further acquisitions by way of a conditional placing on Thursday.
Anglo Asian Mining to carry out airborne survey over Gedabek
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced plans to carry out an airborne geophysical survey over the entire Gedabek contract area on Thursday, to identify additional gold and copper mineralised occurrences and generate future drill targets.
Smiths Group abandons talks with ICU Medical
Engineer Smiths Group said on Thursday that it has ended talks about combining its medical business with US-based ICU Medical after the two failed to agree terms.
Creo sees first use of Speedboat device in Africa
Creo Medical has witnessed the first successful use of its Speedboat endoscopic advanced energy device in South Africa.
Amerisur swings to profit after rise in prices and production
Oil and gas exploration and production company Amerisur Resources swung back to a profit for the six months ended 30 June after the firm’s revenues almost doubled during the period.
Takada eyeing potential Shire asset sales to pay down debt
Takeda Pharmaceutical may try and sell Shire's dry-eye drug once it completes the $62bn takeover purchase of the UK-listed biotech, according to a report on Thursday.
CPP acquires stake in Indian business process management firm Globiva
CPP has looked to expand its interest in India with a strategic investment in local business process management outfit Globiva.
RedT losses widen 'in line with management expectations'
RedT Energy saw losses widen in the six months leading to 30 June as the industrial energy storage outfit completed most of its scaling up for growth.
Sound Energy prepares for 'potentially transformational' drilling works
Sound Energy assured shareholders it was ready for a new and "potentially transformational" phase of drilling across its Moroccan assets.