Company News
Stanley Gibbons CFO Andrew Cook to step down
Stamp and collectibles business Stanley Gibbons said on Wednesday that chief financial officer Andrew Cook will step down on 29 March to pursue other interests.
Scientific Digital Imaging raises £2.57m through placing and offer
Digital imaging and sensing product provider Scientific Digital Imaging confirmed the results of its placing on Wednesday, having announced the placing and offer for new ordinary shares via ‘PrimaryBid’ on Tuesday.
Patagonia Gold pleased with latest drilling results from San Jose
South America-focussed gold and silver mining company Patagonia Gold released the first drill results from its San Jose Project in Uruguay on Wednesday, in which a total of seven holes were drilled.
Stallergenes Greer sales growth meets forecasts
Stallergenes Greer published its full-year unaudited net sales for the 12-month period ended 31 December on Wednesday, confirming sales for the year were in line with its previous outlook.
Syncona close to injecting funds in new prospects
Syncona, the healthcare investor, said it was in the "final stages" of agreeing funding for two new companies, though its net asset value dipped in the past quarter.
Clinigen bounds upwards on purchase of Proleukin's US rights
Clinigen Group shares jumped on Wednesday after the company signed an agreement with Novartis to acquire the US rights to its Proleukin drug for up to $210m in cash.
Supermarket Income REIT confirms income rise at Bristol property
Grocery retail property investor Supermarket Income REIT announced on Wednesday that the annual rent review at its Tesco superstore in Lime Trees Road, Bristol, had been concluded, resulting in an RPI increase of 3. 2%.
Greencoat UK Wind raises £131m in placing
Listed renewable infrastructure fund Greencoat UK Wind confirmed the result of its placing on Wednesday, which it had initially announced on 1 February.
Shore Capital to buy Stockdale Securities for up to £8.9m
Shore Capital has agreed to buy Stockdale Securities for up to £8. 9m in a deal that will create London's fourth largest corporate broking and advisory business.
Oncimmune Holdings' loss deepens on spiralling costs
Oncimmune Holdings reported a widened interim loss on Wednesday as increases to research & development costs and administrative costs outweighed a rise in revenue.
Pan African more than doubles earnings in second half
Precious metals producer Pan African Resources said it expected earnings to more than double in the second half of its trading year.
Countrywide earnings halve amid 'challenging' market
Estate agency Countrywide said on Wednesday that its full-year earnings halved in a "challenging" market.
Hochschild suspends operations at Arcata mine
Hochschild Mining on Wednesday said it was suspending operations at the Arcata precious metal mine in south west Peru due to lower silver prices.
Dunelm growth positive as it cuts unprofitable Worldstores lines
Dunelm reported “strong” like-for-like revenue growth of 6. 9% in its interim results on Wednesday, to £473. 9m, with increases coming from both in-store at 3. 8%, and online at 35. 8%.
Cerillion wins £8.3m contract with US telco
Software solutions outfit Cerillion has signed a major new contract with an unnamed US-based telecoms provider.
MTI Wireless' Indian arm scores two new manufacturing contracts
AIM-listed technology outfit MTI Wireless's Indian manufacturing unit has secured two new contracts for the supply of antenna and cable harnesses.
Tullow swings to FY profit; warns on no-deal Brexit
Tullow Oil on Wednesday reported a return to profitability as it warned that a no-deal Brexit could cause uncertainties on its North Sea decommissioning programme.
Smurfit Kappa takes €1.3bn charge from exiting Venezuela
Smurfit Kappa fell to a paper loss last year due to charges from its unwanted exit from Venezuela, but the Irish packaging group's core businesses still delivered a strong improvement in profits and cash flow.
Galliford Try H1 profit rises, annual profit seen at top end of analyst forecasts
Galliford Try posted a rise in first-half profit on Wednesday as it said its full-year turnout is expected to come in at the upper end of analysts' current range.
BHP approves $693m funding for Atlantis project
BHP on Wednesday approved $696m (£539m) in funding to develop its share of the Atlantis Phase 3 project in the US Gulf of Mexico.