Company News
Friday preview: US-China trade, Ashmore in the spotlight
Investors will continue to be focused on the headlines around the ongoing US-China trade stand-off and America's central bank at the end of the week.
Altyn acquires new underground equipment to boost production
Altyn updated the market on the delivery of its underground equipment on Thursday, following a commitment from its major shareholder African Resources in March, to provide a KZT 400m ($1. 1m) unsecured loan towards the acquisition of underground equipment with the intention to further boost production.
Sosandar raises £7m from share placement
Online women's fashion brand Sosandar has raised £7m by virtue of a conditional institutional placing of new ordinary shares at a price of 15p each - a 3. 4% premium to its closing price on Wednesday.
Indigovision expects first interim profits in five years
Video security systems designer Indigovision expects to report positive underlying earning and operating profits in the first half of its trading year after sales and revenues continued to grow throughout the period.
Allergy Therapeutics preps for first in human trials on peanut allergy product
Commercial biotechnology Allergy Therapeutics anticipates full-year earnings will come in ahead of market expectations as it prepares for the first in human trials of its peanut allergy product.
Marshall Motor Holdings performs in line amid challenging market
Automotive retailer Marshall Motor Holdings updated the market on its trading on Thursday, ahead of its half-year results, reporting that the UK new and used car markets remained “challenging”, with volume pressures and cost headwinds for the retail sector combining with recent margin pressure in the used car market.
Somero Enterprises maintains expectations ahead of interim results
Somero Enterprises updated the market on its trading ahead of its interim results on Thursday, confirming that its trading performance to date and expectations for 2019 were in line with the guidance it provided in its update on 7 June.
Ariana Resources upbeat on drilling results from Salinbas
Turkey-focussed exploration and development company Ariana Resources announced the results of a recent drilling campaign completed at its wholly-owned Salinbas Gold Project in the Hot Gold Corridor on Thursday.
Channel Tunnel traffic falls in 'politically uncertain' market
Truck traffic through the Channel Tunnel fell 14% year-on-year to 122,349 in June, primarily due to the impact of weakness in the automotive sector, the operator said on Thursday.
PureTech Health contemplating US listing on Nasdaq
Clinical-stage biopharmaceutical company PureTech Health announced that it was exploring the potential for a listing of American depository shares (ADS) on Nasdaq in the.
Blancco acquires Inhance, signs consulting deal with ZroBlack
Mobile device diagnostics and secure data erasure solutions provider Blancco Technology Group has agreed to acquire YouGetItBack, trading as Inhance Technology, for a total consideration of €5. 25m, it announced on Thursday.
Proton Power gets EUR 1.3m financing for German bus fuel cell order
Fuel cell and electric hybrid systems developer Proton Power Systems announced on Thursday that an unnamed European commercial bank has agreed to provide €1. 3m in financing for the order from German bus builder ebe Europa for 15 hydrogen-powered fuel cells.
Renewi starts new financial year in line with expectations
Waste-to-product company Renewi updated the market on its trading for the period since 1 April on Thursday, reporting that it had started the year in line with the board's expectations.
Kenmare Resources on track to achieve full-year guidance
Titanium and zircon producer Kenmare Resources updated the market on its trading and operations for the quarter and half year ended 30 June on Thursday, reporting that it remained on track to achieve its 2019 guidance across all metrics.
Indivior raises full-year guidance after bumper first half
Indivior announced revised expectations for net revenue and net income in the 2019 financial year on Thursday, following stronger than expected first half net revenue performance.
Reckitt Benckiser to pay $1.4bn to end US opioid addiction treatment probe
Reckitt Benckiser (RB) has agreed to pay to $1. 4bn to resolve all US federal investigations into how its former prescription pharmaceuticals business Indivior marketed opioid addiction treatment Suboxone.
Haydale Graphene warns profits will be 'at the lower end' of guidance
Advanced materials group Haydale Graphene warned investors on Thursday that while its full-year results were anticipated to be within market expectations for the year ended 30 June, they would likely come in at the lower end.
Mporium disposes of loss making Fast Web Media business
Marketing technology outfit Mporium offloaded its technology-led digital agency business Fast Web Media to International Agency Group for a nominal consideration of £7,500 on Thursday.
Big Sofa interim revenues grow as strong momentum continues
Video analytics business Big Sofa Technologies saw revenues move ahead in the first half of its trading year as momentum continued.
Workspace sees healthy demand for space as development of pipeline progresses
Workspace Group reported “good” levels of demand for space through its first quarter on Thursday, at both its like-for-like properties and its recently-completed projects.