Company News
Friday preview: US economic data, Bodycote in the spotlight
The focus at the week will be on a slew of top tier economic data releases in the States.
Eagle Eye makes solid progress in first four months of financial year
Real-time marketing technology company Eagle Eye Solutions Group told shareholders that its successful expansion strategy from the 2019 financial year had continued to deliver in the first four months of the current year.
Alba Mineral Resources prepares for drilling at Clogau Gold Mine
Diversified mineral exploration and development company Alba Mineral Resources announced on Thursday that its drilling contractors have mobilised to site at the Clogau Gold Mine in north Wales.
Oriole Resources makes progress at Bibemi licence
West Africa-focussed exploration company Oriole Resources updated the market on its strategy on Thursday, reporting that following its third quarter technical meetings, it had identified drill targets at the Bibemi licence in Cameroon.
Crossword launches 'Nixer CyberML' machine learning products
Cybersecurity-focussed technology commercialisation company Crossword Cybersecurity announced the launch of ‘Nixer CyberML’, a family of machine-learning based security and anti-fraud software products designed to help organisations build those capabilities into applications, on Thursday.
Time Out Group opens new market location in Montreal
Media and leisure company Time Out Group announced the opening of Time Out Market Montréal on Thursday.
Saudi Arabia is 'running out of money' and needs funding from IPO
Saudi Arabia is slowly running out of money and needs the funds from the upcoming stock market listing of a small portion of state oil giant Saudi Aramco in December to finance its reform push, a former head of America's Central Intelligence Agency said.
Norway sovereign wealth fund blacklists G4S on human rights concerns
Norway's sovereign wealth fund has banned all financial holdings in London-listed security services firm G4S due to concerns about human rights violations.
Card Factory sales rise amid store openings
Greeting cards retailer Card Factory reported a rise in revenue for the year to date on Thursday thanks to new store openings, but a decline in third-quarter like-for-like sales.
Young & Co hikes dividend despite dip in profits
Young & Co on Thursday reported a drop in interim profits, though the company raised its dividend after revenues climbed on the back of new acquisitions.
Airtel Africa attempts to boost Nigerian growth with $70m acquisition
Airtel Africa on Thursday announced that its subsidiary, Airtel Networks, has agreed to acquire an additional 10. 0MHz of spectrum in the 900 MHZ band in Nigeria for a consideration of $70. 0m.
Portmeirion slumps on profit warning
Ceramics maker Portmeirion issued a profit warning on Thursday, sending its shares firmly into the red following the opening bell.
Great Portland Estates hikes dividend as profit jumps
Great Portland Estates raised its interim dividend after double-digit profit growth on Thursday, as it said the second half of the year had started well despite macro-economic uncertainty.
Savannah Resources upbeat on latest test work at Mina do Barroso
Resource development company Savannah Resources announced that its ongoing metallurgical test work programme was still successfully producing saleable grades of spodumene lithium concentrate with excellent recoveries at its Mina do Barroso Project in Portugal on Thursday.
Volex sees earnings surge as complex assemblies business grows
Complex assemblies and power cords producer Volex reported a 7. 3% rise in revenue in its first half results on Thursday, to $195. 7m (£152. 18m), while its underlying operating profit surged 61. 7% to $15. 9m.
Northamber revenue and earnings slip as it works to improve its fortunes
Information technology solutions provider Northamber reported a fall in revenue to £50. 33m in its preliminary results on Thursday, from £58. 14m in the prior year.
Ferrexpo appoints Roman Palyvoda as acting CFO
Ferrexpo has appointed Roman Palyvoda as acting chief financial officer with immediate effect.
Fee income drives rise in TBC Bank Q3 earnings
Third quarter net profit at Georgia's TBC Bank rose to GEL 126. 8m (£33. 3m) from GEL 107. 4m a year earlier driven by an increase in net fee and commission income, which offset lower net interest earnings.
VR Education platform selected by virtual medical training app
Virtual reality technology company VR Education announced that its ‘ENGAGE’ platform has been selected by Life-saving Instruction for Emergencies (LIFE) on Thursday, which was launched at the Council of International Neonatal Nurses conference in Nairobi, Kenya.
Mediclinic earnings rise, FY expectations reaffirmed
Private healthcare group Mediclinic reported a rise in first-half earnings on Thursday amid revenue growth in all three divisions.