Company News
Wednesday preview: Powell speech, British Land in the spotlight
The focus on Wednesday will be on a potentially noteworthy speech that Federal Reserve chairman, Jerome Powell, is scheduled to deliver before the Joint Economic Committee of the US Congress at 1600 GMT.
Assura profits dip but acquisition spurs rental income growth
Assura on Tuesday reported a drop in interim profit due to lower revaluation gains, though rental income grew on the back of its acquisition of GPI.
RTC Group's Ganymede extends contract with Network Rail
RTC Group announced on Tuesday that Network Rail has agreed to extend its contract with the company’s wholly-owned subsidiary, Ganymede, by one year to 31 March.
Anglo African enters rig agreement for next well at Tilapia
Independent oil and gas developer Anglo African Oil & Gas has entered into a rig option agreement with Société de Forage Pétroliers (SFP) for the provision of a rig to carry out drilling operations on well TLP-103C-ST at the Tilapia field, in which it has a 56% interest, it announced on Tuesday.
Polarean delivers and installs new unit to University of BC
Medical imaging technology company Polarean Imaging announced on Tuesday that it has delivered and installed its latest research unit order for a ‘9820 Xenon Polariser’ system from the University of British Columbia.
KEFI Minerals claims 'encouraging' results from Hawiah
Gold exploration and development company KEFI Minerals reported encouraging results at the start of its scout drilling programme on the Hawiah Exploration Licence in Saudi Arabia on Tuesday.
Amur Minerals identified water sources for Kun-Manie development
Eastern Russia-focussed nickel-copper sulphide exploration and development company Amur Minerals Corporation announced on Tuesday that the hydrological assessment - a component of the permanent conditions ‘TEO’, a Russian equivalent to a feasibility study - for its Kun-Manie nickel copper sulphide project was now complete, and had been approved by the necessary Russian agencies.
Alien Metals upbeat after Hancock Ranges and Brockman site visit
Mineral exploration and development company Alien Metals updated shareholders following a recent site visit by its technical consultants as part of the due diligence on the Hancock Ranges and Brockman iron ore projects on Tuesday.
Ferguson buys US supplies distributor S.W. Anderson
Ferguson, formerly Wolseley, has bought New York-based heating, ventilation and air conditioning (HVAC) equipment and supplies distributor S. W. Anderson for an undisclosed sum.
Britvic in talks to sell French juice business
British soft drinks maker Britvic said it was in talks to sell its French juice assets to Refresco.
New Look narrows losses despite revenue dip
Fashion retailer New Look narrowed its losses in the first half despite a dip in revenue, as it reviewed its product range.
OnTheMarket signs listing agreement with Persimmon
Online real estate portal OnTheMarket has signed a listing agreement with housebuilder Persimmon.
Craneware hails 'good progress' year-to-date
Software solutions provider Craneware told investors at its annual general meeting on Tuesday that the group had made "good progress" in the first four months of the year.
AstraZeneca's anifrolumab succeeds in lupus study
Biopharmaceutical giant AstraZeneca's anifrolumab demonstrated superiority across multiple efficacy endpoints versus placebos in the drug's Phase III TULIP 2 trial.
WeWork reportedly considering T-Mobile's John Legere as its new CEO
WeWork is looking for a new chief executive office following the departure of Adam Neuman and is reportedly considering T-Mobile’s John Legere, people close to the matter told the Wall Street Journal.
Gear4music cuts losses after jump in international revenue
Gear4music on Tuesday reported a narrowed interim loss as revenue improved on the back of international growth, though fierce competition hampered UK sales.
Mr Kipling sales boost Premier Foods profits
Premier Foods posted a rise in first-half pre-tax profit on Tuesday as it reaped the benefits of its relaunch of Mr Kipling and strong sales from its Nissin ranges.
Orosur Mining inks deal to sell Uruguay permits
South America-focussed gold developer Orosur Mining has entered into a non-binding letter of intent to sell its mining and exploration permits in Uruguay to IMC International Mining for a cash consideration of $1m (£0. 78m), it announced on Tuesday.
Adept Technology Group remains on track in first half
Managed IT and communications services provider AdEPT Technology Group reported a 26% improvement in total revenue in its first-half results on Tuesday, to £30. 8m.
Columbus Energy extends production service contract at Inniss Trinity
Trinidad and Suriname-focussed oil and gas explorer and producer Columbus Energy Resources announced the extension of the Inniss Trinity Incremental Production Service Contract on Tuesday.