Company News
Tuesday preview: Davos and SSP Group in the spotlight
The focus on Tuesday will be on Davos as world leaders and top global officials gather at the Swiss ski resort to discuss and debate the most pressing global issues.
Distil revenues grow in Q3
Alcoholic beverages manufacturer Distil report higher levels of sales during its third trading quarter on Monday, including the important Christmas period.
Rockfire Resources recommences drilling at Plateau
Gold and base-metal focused explorer Rockfire Resources has recommenced drilling at the Plateau Gold Deposit in Queensland, Australia.
Trafalgar Property exercises options over land in Surrey
Residential property developer Trafalgar Property Group has exercised its options over land in Barnett Wood Lane, Ashtead, Surrey, it announced on Monday.
Hutchison Chi-Med upbeat on progress with surufatinib
Hutchison China MediTech, trading as Chi-Med, announced on Friday that the independent data monitoring committee of the phase 3 pivotal study of surufatinib in advanced neuroendocrine tumours - pancreatic (SANET-p) has completed a pre-planned interim analysis.
M&C Saatchi FY net cash seen ‘substantially’ ahead of expectations
M&C Saatchi said on Monday that full-year net cash will be "substantially ahead" of expectations, while pre-tax profit will be in line.
Egdon Resources extends deadline for farm-out deal
Egdon Resources updated the market on the exclusivity agreement over licences P1929 and P2304 with a “large, internationally recognised” exploration and production company on Monday, which it previously announced on 4 November.
Tekcapital portfolio firm Lucyd launches new smart glasses
Intellectual property investment company Tekcapital announced on Monday that its portfolio company Lucyd, the smartglass developer and operator of an e-shop for tech eyewear, was launching its third line of ‘Lucyd Loud Bluetooth’ glasses on 27 January.
Aptitude Software shares fall as new CEO takes reins
Financial management software provider Aptitude Software updated the market on the year ended 31 December on Monday, reporting that it made “good progress” in 2019, and expected to report results in line with the board's expectations.
ADES International extends contract for Admarine 261 rig
Oil and gas drilling and production services provider ADES International has extended the contract for Admarine 261 in Saudi Arabia, it announced on Monday.
Zenith Energy announces issue of euro medium term notes
Oil and gas production company Zenith Energy announced the upcoming issue of unsecured, multi-currency euro medium term notes at par value on Monday.
MaxCyte 'exceptionally positive' following strong FY trading performance
Clinical-stage life sciences company MaxCyte told investors on Monday that its board was "exceptionally positive" of the group's future following a stellar year.
Intu Properties confirms it's looking to raise cash
Shopping centre owner Intu Properties confirmed on Monday that it is looking to raise extra cash to bolster its balance sheet.
Sosandar tops expectations with record quarterly performance
Women's fashion brand Sosandar said on Monday that full-year revenues were on track to come in ahead of market expectations following a record quarter.
Audioboom on track to exceed expectations following banner year
Podcast producer Audioboom posted a strong 2019 trading update on Monday, with the group now on track to exceed market expectations for the first time in its history.
LightwaveRF revenues slip despite record Black Friday sales
Home solutions provider LightwaveRF told investors on Monday that like-for-like revenues had contracted in the first quarter as a result of a shortage of certain lines of stock.
Lamprell secures $350m drilling rig contract
Oil rig manufacturer Lamprell has been formally awarded a $350m (£269. 50m) contract to make and deliver two jack-up drilling units with International Maritime Industries (IMI).
Anglo American to buy Sirius Minerals in £404.9m deal
Anglo American has agreed to buy Sirius Minerals for 5. 5p a share in cash, in a deal that values the fertiliser maker at £404. 9m.
Fevertree loses its fizz after profit warning
Fevertree shares tumbled on Monday after the posh tonics maker said full-year revenue was set to miss the company’s expectations following "subdued" Christmas trading in the UK, with earnings expected to fall 5% from 2018.
Target Healthcare buys Cheshire development site for £9.7m
Specialist care homes investor Target Healthcare has completed the acquisition of a new development site in Cheshire for £9. 7m, including transaction costs, as it continues to deploy the proceeds from its recent oversubscribed capital raise, it announced on Monday.