Company News
Thursday preview: Weekly US jobless claims, Cineworld in focus
The market spotlight on Thursday will be on the US jobs market with investors likely to be keeping close tabs on the latest weekly unemployment claims figures.
Director dealings: Superdry co-founder ups stake
Superdry revealed on Wednesday that executive director Julian Dunkerton had acquired 154,809 ordinary shares in the London-listed closing retailer.
Hummingbird confirms advancement of Dugbe Gold Project
Hummingbird Resources updated the market on the Dugbe Gold Project and the acquisition of ARX Resources by Pasofino Gold on Wednesday.
Origin Enterprises appoints new finance chief
Agricultural services producer Origin Enterprises announced the appointment of TJ Kelly as its new chief financial officer on Wednesday.
Oncimmune enters collaboration with Roche subsidiary
Immunodiagnostics group Oncimmune Holdings has signed a collaboration with Roche subsidiary Genentech, it announced on Wednesday, to characterise the autoantibody profiles of patients in clinical trials for rheumatological diseases, including systemic lupus erythematosus (SLE).
Hyundai in talks with EU over delayed Daewoo deal
Hyundai Heavy Industries Holdings are in talks with the European Union antitrust regulators over its bid for Daewoo, reported Reuters on Wednesday.
Diploma surges after raising £190m to help fund US acquisition
Diploma shares surged on Wednesday after the company successfully raised around £190m in a placing to help fund the acquisition of US-based wire and cable distributor Windy City Wire Cable and Technology Products and said it will pay a dividend.
China Yangtze, world's largest hydroelectric firm, to list in London
The world's largest hydropower company has kicked-off a bookbuilding exercise for the sale of Global Depositary Receipts representing 5% of its capital prior to the offering.
Staffline interim pre-tax losses widen, revenues drop
Recruitment firm Staffline said on Wednesday that interim pre-tax losses had widened amid a drop in revenues.
Fulcrum upbeat on improving trading post-lockdown
Multi-utility infrastructure and services provider Fulcrum Utility Services updated the market on its trading on Wednesday, reporting that during the first quarter of the 2021 financial year, it saw an increase in activity month-on-month as lockdown restrictions eased.
Joules hails 'encouraging' Q1 performance as sales drop 18%
Clothing retailer Joules reported an 18% decline in first-quarter group revenue on Wednesday but said this was an "encouraging" performance against a tough backdrop.
Bigblu subsidiary wins Lincolnshire broadband tender
Bigblu Broadband announced on Wednesday that its subsidiary Quickline Communications has won a competitive tender to provide fixed wireless access to premises across Lincolnshire that are unable to access fast and reliable internet connectivity.
Uniphar acquires Diligent Health Solutions in $27m deal
Uniphar announced the acquisition of the US-based Diligent Health Solutions on Wednesday, in a deal worth up to $27m (£21. 21m).
SSP warns on job losses as H2 sales plunge 86%
Upper Crust and Caffe Ritazza owner SSP Group warned of “considerable” job losses as it expected second-half sales to plummet by 86% amid the coronavirus pandemic although it lowered forecast cash burn for the period.
JP Morgan to shift €200bn from UK to Germany - report
JP Morgan will become one of Germany's biggest banks when it moves about €200bn (£184bn) of assets from the UK to Frankfurt because of Brexit, Bloomberg reported.
Warpaint H1 losses widen as Covid-19 dents revenues
Cosmetics company Warpaint London reported a widening of its losses in the first half as it took a hit from the pandemic, but declared an interim dividend thanks to "good cash control".
Hardide set to end year in line with expectations
Surface coating technology company Hardide said on Wednesday that it was expecting to report revenues of £4. 7m for the year ending 30 June, and an EBITDA loss of £0. 5m.
Ilika signs agreement with UK Battery Industrialisation Centre
Solid-state battery technology company Ilika announced the signing of a framework agreement with the UK Battery Industrialisation Centre (UKBIC) on Wednesday, for the production of ‘Goliath’ solid-state pouch cells.
St James House upbeat on payments division improvements
St James House updated the market on its trading on Wednesday, reporting that its payments division saw non-card related sterling and euro activity holding steady through August.
Xeros narrows losses as licensees delay launch plans
Clothing and fabrics technology company Xeros announced a 59. 8% reduction in its adjusted EBITDA loss in its first half on Wednesday, to £3. 0m, as it confirmed its licensees had delayed some market launch plans.