Company News
Tuesday preview: IFO index, ECB's Lagarde
Financial markets will be focused on Tuesday on the IFO institute's closely-followed business confidence gauge for November.
Advanced Medical Solutions buys coatings firm Raleigh
Surgical and wound care specialist Advanced Medical Solutions Group (AMS) has acquired independent wound care and bio-diagnostics coatings company Raleigh Adhesive Coatings for £22m in cash, it announced on Monday.
Ariana posts decent quarter at Kiziltepe
Europe-focusses exploration and development company Ariana Resources announced operating results for the quarter ended 30 September for the Kiziltepe Mine in Turkey on Monday.
Avacta reports 'significant progress' on Covid-19 test
Cancer therapies and diagnostics developer Avacta Group announced “significant progress” in the development of a scalable manufacturing process for a lateral flow SARS-CoV-2 antigen test being carried out with BBI Solutions on Monday.
FCA fines broker TFS-ICAP £3.4m
The Financial Conduct Authority has fined TFS-ICAP more than £3m after it ruled the forex options broker had mislead customers.
Codemasters H1 revenues more than double on game releases
Video game developer Codemasters said on Monday that first-half revenues more than doubled and operating profit rose as it released three new games.
Proof of Covid-19 vaccination may be required for travel, says Qantas
International passengers will only be able to travel on Qantas flights if they have been vaccinated against Covid-19, the airline’s chief executive has suggested.
Galileo reports 'very promising' results from Kalahari Copper Belt
Galileo Resources updated the market on exploration at its wholly-held property in the emerging Kalahari Copper Belt in western Botswana on Monday.
Cake Box interim profits, revenue dip after lockdown
Specialist cake retailer Cake Box reported a dip in interim profit and revenue on Monday after its stores were forced to close due to Covid-19 restrictions.
Total Produce YTD trading remains ‘positive’
Fresh produce group Total Produce said on Monday that year-to-date trading had "remained positive" despite the Covid-19 pandemic.
Airbnb finally files for end-2020 IPO
Airbnb finally filed for its long-awaited initial public offering on Monday and is reportedly aiming to raise $3bn in a transaction that would give it a valuation of $30bn.
Merck to buy Oncolmmune for $425m
Merck has agreed to buy privately-held, clinical-stage biopharmaceutical company OncoImmune for an upfront payment of $425m in cash.
RUA Life Sciences cheers positive testing of heart valve technology
Medical device company RUA Life Sciences announced “significant” recent success within its RUA Structural Heart business on Monday.
Record contract helps Cerillion beat annual forecasts
Cerillion reported forecast-beating annual revenues and profits on Monday after new orders held up despite Covid-19 hitting the wider economy.
Leeds Group trading in line with expectations
Leeds Group said first-half trading was in line with the board's expectations and that its operations were producing positive results.
Inland Homes progresses plans for 1,650 houses at three sites
Developer and housebuilder Inland Homes has submitted two “major” brownfield planning applications in Staines-upon-Thames, Surrey and Basildon, Essex, it announced on Monday.
Cineworld secures $750m of extra liquidity to weather pandemic
Embattled Cineworld said on Monday that it has secured a new $450m debt facility and that its lenders have agreed to waive its debt covenant until June 2022 to help see it through the Covid-19 pandemic.
Evgen doses first patients in 'STAR' respiratory trial
Clinical-stage drug development company Evgen Pharma announced on Monday that the first patient had now been enrolled and dosed in the ‘STAR’ trial of its ‘SFX-01’ treatment for acute respiratory infections.
Ukraine supreme court to rule on Enwell licence
Enwell Energy shares fell more than 10% after it said Ukraine's supreme court would consider an appeal by the previous owner of a licence to explore for gas.
Deltic Energy upbeat on recent work at Cupertino Prospect
Natural resources investment company Deltic Energy updated the market on licence P2428 on Monday, which contains the Cupertino Prospect, following the completion of detailed technical evaluation of the Southern North Sea licence.