News And Announcements
Glencore surprises with larger dividend but bumper profits disappoint
Glencore declared a $2. 9bn dividend to be paid out in two equal instalments in 2018 as the commodities giant's much-improved balance sheet left it feeling more confident about the future.
Alexander Mining signs partnership agreement with Proses
Alexander Mining announced on Wednesday that it has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company Proses.
SkinBioTherapeutics losses widen as it spends more on R&D
Life sciences company SkinBioTherapeutics announced its half year results for the six months ended 31 December on Wednesday, reporting “significant progress” in developing the SkinBiotix technology, and a successful initial scale-up of lysate manufacture.
EVR Holdings enters multi-year agreement with music publishing giant
Virtual reality music content creator EVR Holdings announced on Wednesday that its subsidiary MelodyVR has entered into a multi-year agreement with Warner/Chappell Music.
Fidessa agrees to £1.4bn takeover by Switzerland's Temenos
Fidessa was flying high again on Wednesday as it agreed to a £1. 4bn takeover by Swiss banking software company Temenos a day after confirming that the two were in talks.
Concurrent Technologies launches new VPX board
High-end embedded computer board designer and manufacturer Concurrent Technologies announced the launch of a new 3U VPX I/O board on Wednesday.
Brooks Macdonald appoints Ben Thorpe as new FD
AIM-listed provider of investment management services Brooks Macdonald has appointed Ben Thorpe, who has 18 years' experience in financial services, as group finance director with effect from August.
Capital & Counties posts negative return as Earl's Court valuation drops
Capital & Counties Property reported a negative total return for 2017 as the value of the London landlord’s Earls Court properties fell sharply.
Polymetal agrees first offtake from Kyzyl development
Polymetal International has signed its first offtake contract for concentrate from its Kyzyl development project in East Kazakhstan, which is expected to begin production in the third quarter of 2018.
Losses widen as Rainbow Rare Earths operations hum
High grade rare earth concentrate producer Rainbow Rare Earths announced its unaudited results for the six months ended 31 December on Wednesday, confirming that it had commenced production during the period, with the first shipment of rare earth concentrate completed on schedule in the fourth quarter.
STM begins integration work after buying Harbour Pensions
Cross-border financial services provider STM Group announced on Wednesday that, following its announcement on 16 February, STM Malta has completed on the acquisition of Harbour Pensions.
No room for a dividend at Rezidor Hotel Group
Rezidor Hotel Group reported a “solid” 2017 and “excellent progress” on its five-year plan in its year-end results on Wednesday, reporting that on a like-for-like basis, revenue increased 4. 0%.
Hotel Chocolat interim profit and revenue up 15%, recent trading in line
Hotel Chocolat reported a jump in interim profit and revenue on Wednesday thanks to strong sales across retail, digital and corporate channels and following a "successful" Christmas period.
Medaphor opens Hong Kong office to tackle growing Asian market
AIM-listed Medaphor announced on Wednesday that it has opened an office in Hong Kong to cater to its growing customer base in the Asia-Pacific (APAC) region.
Eurotunnel popularity sees Getlink results soar
Getlink, the Paris-based company known until recently as Groupe Eurotunnel, reported its 2017 financial results on Wednesday, with consolidated revenues for 2017 reaching €1. 033bn - an increase of 4% over 2016.
First Group cuts full-year guidance after Greyhound earnings muzzled by snowstorms
Transport operator First Group dropped its full-year earnings guidance on Wednesday after its coach and bus units in the US were hindered by severe snowstorms across North America throughout January and an increasing level of competition from budget airlines such as Spirit.
Gooch & Housego order book reaches record levels
Investors in specialist photonic components manufacturer Gooch & Housego were updated on the company’s progress on Wednesday, as they mustered for its annual general meeting, as it reported benefiting from positive overall market conditions in the first four months of the current financial year.
Schroder European adds Dutch data centre for EUR 20m
Schroder European Real Estate Investment Trust has completed the acquisition of a data centre in Apeldoorn, the Netherlands, for approximately €20m, it announced on Wednesday.
Lloyds announces £1bn share buyback but profit falls short
Lloyds Banking Group announced a £1bn share buyback and increased its annual dividend by a fifth as the bank reported full-year profit short of expectations.
San Leon notes some progress at OML 18 in Nigeria
Oil and gas development and appraisal company San Leon Energy updated the market on its operations on Wednesday, related to its initial indirect 9. 72% interest in the OML 18 project, onshore Nigeria.