Company News
Okyo aims to complete eye disease trials before June
Okyo Pharma Limited reported on Wednesday that its preclinical studies of non-opioid painkiller BAM8 are expected to complete within the second quarter of the year.
Harwood WM's assets leap after nine acquisitions
Harwood Wealth Management on Wednesday reported that a "strong" year of growth has seen a sharp rise in assets and the completion of nine acquisitions.
Block Energy launches two-well sidetracking programme
Block Energy rose on Wednesday after beginning sidetrack operations in the existing 16a wellbore at its West Rustavi field in the Republic of Georgia.
Crusader Resources warns of funding shortfall
Exploration and development outfit Crusader Resources warned investors on Wednesday that it continues to require additional immediate funding to continue operating.
Renalytix AI begins clinical validation study for 'KidneyIntelX'
Artificial intelligence-enabled kidney disease diagnostics developer Renalytix AI announced the start of its clinical validation study for its lead diagnostic, ‘KidneyIntelX’, on Wednesday.
Acquisition strategy a winner for Rotala
Rotala updated the market on its trading for the year ended 30 November on Wednesday, reporting that the 2018 financial year was in line with market expectations.
Burberry's festive growth cools but 'brand heat' grows
Burberry sales disappointed slightly over the festive quarter but the fashion house maintained that it was successfully building "brand heat" ahead of the launch next month of its new creative director's debut collection.
Botswana Diamonds raises fresh £0.37m in placing
Botswana Diamonds announced on Wednesday that it has undertaken a placing with existing and new investors to raise £0. 37m via the issue of 67,272,727 new ordinary shares at a price of 0. 55p each.
StatPro focus on recurring revenue paying off
Cloud-based portfolio analysis and asset pricing service provider StatPro Group updated the market on its trading for the year ended 31 December on Wednesday, reporting that group revenue was expected to be about £54. 7m, up from £49. 3m year-on-year.
Analyst recommendations fail to beat the market
The ten blue-chip stocks most regularly backed by analysts with ‘buy’ recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.
Patisserie Valerie shareholder 'considering legal action'
Collapsed café group Patisserie Holdings could face potential legal action from disgruntled investors, it emerged on Wednesday.
Johnson & Johnson ponders surgical robotics acquisition
Healthcare giant Johnson & Johnson is pursuing an acquisition of surgical robotics specialist Auris Health, according to reports on Wednesday.
United Technologies sees profits taking-off in 2019
United Technologies shrugged off concerns about the strength of the dollar to forecast solid profit growth for 2019 as it posted above-estimate fourth-quarter numbers.
UK Oil & Gas jumps on plans for nine new wells
UK Oil & Gas (UKOG) jumped on Wednesday after releasing its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020.
AJ Bell customers numbers grow but markets hit AUM
Investment platform AJ Bell reported a respectable start to trading as a listed company, with 4% growth in customer numbers and positive net flows.
RPC finally receives offer from Apollo
After at least four months of talks, RPC Group has finally received a take-private offer from US private equity group Apollo, valuing the plastics manufacturer at £3. 3m.
G4S to pay up to $130m to settle US class action
Shares in security services firm G4S were under pressure on Wednesday after it said late the previous day that it has agreed to pay up to $130m to settle a class action in the US.
Scancell loses out on Cancer Research UK grant
Immunotherapies developer Scancell has seen Cancer Research UK pass on its submission into the Grand Challenge research initiative.
Eagle Eye revenue climbs by a quarter on recent contract wins
Eagle Eye on Wednesday reported that it expects to meet full-year expectations after revenue jumped by a quarter following new deals with Waitrose and Burger King.
Santander to close 140 branches and risk 1,200 layoffs
Spanish bank Santander said it was cutting around 140 branches which would put 1,270 jobs at risk.