Company News
Eco Atlantic Oil & Gas secures rig for Guyana exploration well
Eco Atlantic Oil & Gas on Wednesday contracted a rig, the Stena Forth, to drill an exploration well at the Jethro-Lobe prospect on the Orinduik Block offshore Guyana.
Thursday preview: Brexit, US-China trade talks in focus
Thursday may turn out to be an intense day on all fronts.
Ryanair to open new airport in Toulouse, reaches agreement with BeCA
Low-cost carrier Ryanair revealed that it will open a new airport in Toulouse in October.
Codemasters signs esports partnership with Motorsports Network
Codemasters on Wednesday confirmed that it has signed a global esports partnership with Motorsport Network, the world's largest motorsport media company.
McBride tumbles after profit warning
European manufacturer McBride warned investors on Wednesday that its full-year adjusted pre-tax profits would come in roughly 10-15% lower than in the year before, as it struggles to cut back on raw material and logistics expenses.
Harvest Minerals connects Arapua project to Brazilian power grid
Fertiliser producer Harvest Minerals announced on Wednesday that the Brazilian energy company CEMIG had connected its Arapua multi-nutrient, direct application, natural fertiliser project to the country’s main electricity grid.
Enteq lifts expectations again after bumper second half
Oilfield services technology and equipment supplier Enteq Upstream announced a pre-close trading update ahead of its financial year ending 31 March on Wednesday, reporting that both full-year revenue and underlying EBITDA were expected to be “materially ahead” of its expectations.
Transense wins mining truck tyre contract in Burkina Faso
Transense Technologies on Wednesday won a further contract through its Ghanaian partner WATS (West African Tyre Services) to supply 41 iTrack II mining tyre monitoring systems for haul trucks at BISSA, a Nordgold mine in Burkina Faso.
Beximco adds to US portfolio with purchase of Novartis assets
Generic drugs manufacturer Beximco Pharmaceuticals announced the signing of a definitive agreement with Sandoz - a division of Novartis - to acquire a portfolio of eight ‘Abbreviated New Drug Applications’ (ANDAs) in the US on Wednesday, for an undisclosed amount in cash.
Vodafone claims world's first live 5G smartphone connection
Vodafone claimed to have become the world's first operator to connect 5G smartphones to its live 5G network on Wednesday, as it prepared to launch 5G in a number of European cities during the second half of 2019.
TfL picks Go-Ahead and ViaVan for new 'on-demand' bus trial
Transport for London launched a four-week consultation on plans to trial what it called an “innovative on-demand bus service” in the south London borough of Sutton on Wednesday.
ReNeuron storms on 'exciting' eye disease trial success
ReNeuron Group bounded upward on Wednesday after reporting that its cell-based therapy is showing signs that it can improve the sight of patients suffering from retinitis pigmentosa, which causes blindness.
Eden Research gets Maltese approval for 'Cedroz' product
Biopesticide provider Eden Research announced on Wednesday that its commercial partner, Eastman Chemical Company, has received authorisation for Eden's nematicide formulation, marketed as Cedroz, from the Regulatory Affairs Directorate in Malta.
Lidco's recurring revenues soar as HUP offering picks up steam
Hemodynamic monitoring outfit Lidco saw recurring revenues soar in its last trading year after the group made continued progress with its high usage programme (HUP) business model in the first 18 months since its launch.
Mobile Tornado leaps on 'significant' trading and technology improvements
Mobile Tornado Group jumped on Wednesday after reporting a "significant improvement" in adjusted EBITDA loss thanks to a "good trading performance" in the second half of the year.
Enteq revenues soar in second half
Oilfield services group Enteq Upstream expects revenue and underlying earnings from its soon to be wrapped up trading year to be "materially ahead of expectations".
CyanConnode gets follow-on order from Indian utility
Mesh networks specialist CyanConnode Holdings has received a follow-on order from Larsen & Toubro (L&T) for the Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company (MPWZ), worth around $0. 48m, it announced on Wednesday.
Lloyds delivers bumper payout as PPI charges fall
Lloyds Banking Group lifted its dividend 5% and proposed a £1. 75bn share buyback after a year of "strong strategic and financial delivery".
Sales fall at Laura Ashley as it clears long-term debt
Laura Ashley Holdings issued its interim results for the 26 weeks ended 31 December on Wednesday, reporting a fall in total group sales to £122. 9m from £134. 7m year-on-year.
Impellam to demerge Carlisle Support Services subsidiary
Impellam Group announced a demerger of its wholly owned subsidiary, Carlisle Support Services Group, as the next step in driving margin and EBITDA growth by focusing on its collaborative managed services and specialist staffing portfolio on Wednesday.