Company News
Seeing Machines accelerates on driver monitoring system contract
Seeing Machines climbed on Tuesday after securing a new program design win with an additional global US-headquartered automotive original equipment manufacturer (OEM) to deliver its Driver Monitoring System (DMS) technology.
Wednesday preview: Brexit talks, Glencore and Lloyds in focus
The spotlight on Wednesday will be on a meeting between the Prime Minister and European Commission chief Jean Claude Juncker, as officials on both sides of the Channel continue efforts to agree on the least damaging from of Brexit possible.
Indivior faces share loss as Supreme Court denies hold request
The US Supreme Court on Tuesday denied Indivior's request for it to put on pause a lower court's decision that opens the door for the launches of potential copycat versions of its biggest-selling drug.
DotDigital's revenues spurred upward by US expansion
DotDigital Group climbed on Tuesday after reporting a jump in interim revenues and profits as new customer wins and its North American expansion fuel the company's progress.
Kroger and Ocado choose sites for next two CFCs
Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.
1Spatial amends terms of Enables IT disposal
Geospatial software and solutions company 1Spatial has entered into an agreement to amend the terms of the share purchase agreement dated 14 March 2018, which related to the disposal of 80. 1% of the issued share capital of Enables IT Group to Champall Consultancy.
Duke Royalty signs finance deal with RV parts provider Miriad
Alternative capital provider Duke Royalty has provided £10m royalty financing to the MRDB Holdings group, which undertakes business as Miriad Products, it announced on Tuesday.
Armadale finds possible offtake partner for Mahenge Liandu
Natural resources investment company Armadale Capital has signed a memorandum of understanding (MoU) for a proposed offtake agreement with the Matrass Group - a China based graphite mining and processing company - for high quality graphite products produced at Armadale’s Mahenge Liandu Graphite Project in Tanzania, it announced on Tuesday.
Tekcapital subsidiary applies for portable lung patent
Tekcapital jumped on Tuesday as its portfolio company Belluscura expanded its oxygen therapy technology with the filing of a broad patent application covering oxygen enrichment inventions relating to a portable artificial lung and wound care devices.
Asda sales growth slows in fourth quarter
Asda reported its seventh quarter of sales growth in a row at the end of last year, though the rate of growth softened from the previous quarter.
Walker Greenbank sales come unstuck
Luxury wallpaper and fabric maker Walker Greenbank blamed "challenging and uncertain" trading for a fall in sales outside the USA last year.
Future shares soar following strong start to trading year
Media platform operator Future now expects to post first-half results "significantly ahead" of expectations after strong momentum witnessed in its first quarter carried over into the second.
Indivior upbeat on publication of Sublocade data
Indivior shared data from its phase-three clinical trial evaluating the efficacy, safety and tolerability of its new ‘Sublocade’ buprenorphine extended-release injectable treatment for opioid addiction, which were published by peer-reviewed medical journal The Lancet.
Telford Homes disposes of East London build-to-rent development
London-focused residential property developer Telford Homes has sold its Equipment Works build-to-rent development site in East London to a joint-venture formed by Henderson Park and Greystar.
Ten Lifestyle buoyant after South African bank contract win
Ten Lifestyle Group on Tuesday won a new contract with Absa Bank Limited to provide digital and high-touch travel and lifestyle concierge services to its private banking clients in South Africa.
HSBC falls short on fourth quarter revenues and profits
Asian-focused HSBC posted lower than expected revenues and profits for the final three months of 2018 as volatility in financial markets took its toll, meaning that top-line growth failed to keep up with expenses.
Synnovia's film division plagued with 'teething problems'
Manufacturer Synnovia told investors on Tuesday that it expects to trade broadly in line with market expectations in its current trading year after some delays and teething problems.
Bank of Georgia FY profits up as mortgages, SME lending on rise
Bank of Georgia Group said annual profits rose 11. 8% as it said unsecured consumer loans would moderate but expected to deliver solid growth in mortgages and SME lending.
Ironveld raises £1.1m as it works towards production
Ironveld, the owner of a high-purity iron (HPI), vanadium and titanium project located on the northern limb of the Bushveld complex in Limpopo Province, South Africa, has raised £1. 1m before expenses through a placing of 62,857,143 new ordinary shares at a price of 1. 75p each, it announced on Tuesday.
Panthera receives first tranche of cash for stake in Indo Gold
Gold exploration and development company Panthera Resources announced on Tuesday that the initial $0. 25m of funding from Galactic Gold Mines (Galaxy) has been received.