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Company News
04 Dec
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Tuesday preview: Global services PMIs, U.S. JOLTS report in the spotlight

The market spotlight on Tuesday would be on the global services sector with a spate of closely followed survey results due out around the world.

04 Dec
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Director dealings: GB Group CFO ups stake

GB Group revealed on Monday that chief financial officer David Ward had acquired 10,000 ordinary shares in the AIM-listed identity verification and fraud prevention company.

04 Dec
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Spectra Systems acquires security printing business

Security technology firm Spectra Systems said on Monday that it has entered into a conditional agreement to acquire security printing business Cartor for as much as £10. 5m.

04 Dec
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Roche to buy obesity drug developer Carmot for up to $3.1bn

Roche has agreed to buy obesity drug developer Carmot, a privately-owned US company based in California, for up to $3. 1bn.

04 Dec
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Thor Energy reports solid Colorado drilling results

Thor Energy announced the successful completion of its reverse circulation drilling programme on Monday, revealing promising downhole uranium gamma results at the Wedding Bell and Radium Mountain Projects in the Uravan Mineral Belt of southwest Colorado.

04 Dec
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Golden Metal reports high-grade results from Garfield testing

Nevada-focussed mineral explorer and developer Golden Metal Resources reported significant high-grade copper, silver, and gold mineralisation on Monday, following laboratory assay testing conducted after the completion of ground exploration at its wholly-owned Garfield project in the state’s Walker Lane Mineral Belt.

04 Dec
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Sir Jim Ratcliffe to take £1.25bn Man United stake

Manchester United and billionaire Sir Jim Ratcliffe are set to confirm a £1. 25 billion deal next week, it was reported on Monday, with Ratcliffe set to take a 25% stake in the football club.

04 Dec
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Foxconn halts production of Apple iPhones at south Indian facility - report

Taiwan's Foxconn has reportedly halted production of Apple iPhones at its facility near the south Indian city of Chennai due to heavy rains.

04 Dec
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Arecor inks co-development deal with global medicine company

Arecor Therapeutics announced a co-development and exclusive licence option agreement with an unnamed global medical products company on Monday.

04 Dec
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Deltex Medical trading well, announces board changes

Deltex Medical updated the market on its commercial progress on Monday and on recent changes to its board, including the appointment of a new non-executive director.

04 Dec
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Fusion Antibodies revenue falls, losses widen in first half

Contract research organisation Fusion Antibodies reported first-half revenue of £0. 54m on Monday, down from £1. 9m a year earlier.

04 Dec
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Cornerstone FS trading well ahead of market forecasts

Foreign exchange and payment solutions company Cornerstone FS reported significant progress in its financial performance in an update on Monday.

04 Dec
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Anglesey Mining upbeat on metallurgical test results

Anglesey Mining released preliminary results from its metallurgical test work on the White Rock and Engine Zones at the Parys Mountain project on Monday.

04 Dec
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Equals achieves ISO information management certification

Equals Group has achieved ISO/IEC 27001:2022 certification for information security management, it announced on Monday.

04 Dec
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Spotify to cut 17% of workforce

Music-streaming giant Spotify revealed on Monday that it will cut 17% of its staff in a concerted effort to slash costs.

04 Dec
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Wizz Air reports 29pc rise in November passenger numbers

Wizz Air reported a 29. 3% year-on-year rise in passengers carried in November on Monday, to 4,760,154 passengers, while its load factor expanded by 0. 3 percentage points to 88. 4%.

04 Dec
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ITM Power reaffirms guidance after strong first half

ITM Power said in an update on Monday that from 1 April to the end of October, it achieved revenue of £7. 5m, making for a promising trajectory towards its full-year guidance range of £10m to £18m.

04 Dec
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888 said to have rejected £700m takeover approach by Playtech

William Hill owner 888 Holdings has reportedly rejected a £700m takeover approach by Playtech.

04 Dec
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Frasers takes Boohoo stake to over 17pc

Mike Ashley’s Frasers Group has increased its stake in the online fast fashion retailer Boohoo Group, it announced on Monday.

04 Dec
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Ryanair traffic jumps 4% in November

Budget airline Ryanair reported a 4% jump in November passenger numbers on Monday.