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Company News
26 Feb
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Chancellor must address gaps in financial support - report

The government must do more to support workers who have fallen through the gaps during the Covid-19 pandemic, a Parliamentary committee has warned.

25 Feb
GSK Covid-19 monoclonal treatment shows potential benefit for older patients

A phase two clinical study on GlaxoSmithKline's monoclonal antibody treatment against Covid-19 revealed a "potentially important" benefit in reducing respiratory failure in patients aged 70 or older.

25 Feb
KAZ Minerals posts rise in full-year sales on the back of higher commodity prices

KAZ Minerals reported modest full-year topline growth on the back of higher commodity prices, which more than offset lower output and sales volumes.

25 Feb
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Great Western Mining reports solid progress across its projects

United States-focussed mineral exploration and development company Great Western Mining updated the market on its operations on Thursday, noting that it had staked new claims at the Olympic gold project.

25 Feb
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Coinbase files for direct listing on Nasdaq

San Francisco-based digital currency exchange Coinbase has filed to list directly on the Nasdaq.

25 Feb
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Agronomics puts another $0.5m in cultivated leather firm VitroLabs

Cellular agriculture and alternative meat investor Agronomics has invested a further $0. 5m (£0. 35m) in VitroLabs, it announced on Thursday, which is a cellular agriculture company creating slaughter-free, environmentally friendly cultivated leather.

25 Feb
Gear4music raises earnings expectations amid strong trading

Online musical instruments and equipment retailer Gear4music updated the market on Thursday, reporting that group trading performance in the 2021 calendar year to date had continued strongly.

25 Feb
Merck to buy Pandion Therapeutics for $1.85bn

Merck has agreed to buy clinical-stage biotechnology company Pandion Therapeutics for $1. 85bn.

25 Feb
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Genus reports strong interim results

Animal genetics company Genus reported a record adjusted profit before tax in its interim results on Thursday, as revenue in its porcine genetics business ‘PIC’ rose 8%.

25 Feb
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Horizonte awarded licence for Araguaia power line

Brazil-focussed nickel company Horizonte Minerals has been awarded the construction licence package for the development of the power line on its wholly-owned Araguaia Ferronickel Project, it announced on Thursday.

25 Feb
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DS Smith shares soar as Mondi reportedly mulls bid

Shares in UK paper and packaging firm DS Smith spiked on Thursday on reports rival group Mondi is considering a bid in what would be one of the largest British deals this year.

25 Feb
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Aston Martin sees 'first steps' to profits as annual losses widen

Luxury carmaker Aston Martin Lagonda said it would take the “first steps towards profitability" this year after reporting wider annual losses as sales slumped due to the Covid-19 pandemic.

25 Feb
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Trakm8 wins long-term contract, warns of 'modest' loss

Telematics and data company Trakm8 has been awarded a long-term contract to deploy more than 1,000 ‘RH600’ integrated telematics and camera systems to the Parts Alliance Group, it announced on Thursday.

25 Feb
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Digitalbox trading well after integration of The Tab

Mobile-focussed digital media company Digitalbox updated the market on its trading on Thursday, confirming that the revenues and profits in the second half of 2020 were stronger than the first half.

25 Feb
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Ilika reports progress on Stereax manufacturing plans

Solid-state battery technology company Ilika updated the market on the implementation of its ‘Stereax’ manufacturing plans on Thursday.

25 Feb
Clipper Logistics upgrades expectations after contract wins

Clipper Logistics said on Thursday that it expects results to exceed current market views in the year to 30 April 2022 and beyond following "major" new contract wins with River Island and Mountain Warehouse.

25 Feb
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Asda looks to cut jobs and boost online offering

Asda is to axe 3,000 positions as its new owners look to overhaul the supermarket chain and boost its online offering.

25 Feb
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DotDigital trading in line after solid first half

Marketing and customer engagement software-as-a-service provider DotDigital reported a 22% improvement in its interim revenue from continuing operations on Thursday, to £28. 2m.

25 Feb
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Standard Chartered FY slumps 57% as dividends reinstated

Standard Chartered said annual profits more than halved on bad loan impairments due to the coronavirus pandemic, as it resumed dividend payments and announced a share buyback.

25 Feb
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St.James's Place posts decline in full-year net inflows, but normal dividends resumed

St. James's Place posted lower results for the recently-ended full-year as the net inflow of funds slowed in the wake of the Covid-19 pandemic.