News And Announcements
EE and Vodafone pull Huawei phones from 5G network launch
BT owned EE and Vodafone announced on Wednesday that they won’t offer phones from Huawei when they roll out Britain’s first 5G mobile network next week.
Zinc Media announces £5.1m of new TV commissions
Television and multimedia content producer Zinc Media Group announced a number of new commissions totalling £5. 1m on Wednesday, including two returning series and a new repeatable series.
Dotdigital to wind-down non-core parts of Comapi acquisition
Marketing and customer engagement software-as-a-service (SaaS) provider dotdigital Group has successfully completed the integration of the ‘Comapi CPaaS’ technology into the ‘Engagement Cloud’ platform of its core ‘dotmailer’ marketing platform, it announced on Wednesday.
OptiBiotix appoints Poland distributor for 'GoFigure' products
Life sciences company OptiBiotix Health has appointed Extensor as the exclusive distributor of its own label ‘GoFigure’ consumer weight management products in Poland, it announced on Wednesday.
Motif Bio inks deal for toxoplasmosis study in Germany
Clinical-stage biopharmaceutical company Motif Bio has signed an agreement with Otto-von-Guericke University Magdeburg to conduct a study evaluating ‘iclaprim’ in an in vitro model of ocular toxoplasmosis, it announced on Wednesday.
Online ticketing service Trainline on track for London float
Victoria Investments may announce on Wednesday plans to float its online rail and coach platform Trainline on the main market of the London Stock Exchange in order to increase its profile and maximise on European demand.
Avon surges as it confirms advanced talks with Brazil's Natura
US beauty company Avon Products confirmed on Wednesday that is in advanced discussions with Brazil’s Natura & Co regarding a potential all-stock transaction.
Boku enters two new partnerships as it continues to trade in line
Mobile carrier payments provider Boku announced two new partnerships on Wednesday, and updated the market on its trading, first confirming a new integration with Grab Holdings’ ‘GrabPay’ solution.
Greatland Gold upbeat on fresh activity in Paterson region
Precious and base metals exploration and development company Greatland Gold made two announcements on Wednesday, confirming that it expected to commence a detailed, low level aeromagnetic survey over the entire Paterson Range East licence in early June, and reporting that Newcrest Operations had started drilling at its Havieron gold-copper project in the Paterson region of Western Australia.
UBS ups rating on Moneysupermarket
UBS has upgraded its rating on Moneysupermarket Group and boosted earnings forecasts, arguing that the price comparison site is gearing up to enter a “virtuous circle”.
US judge rules against Qualcomm in antitrust probe
A US judge has ruled that tech giant Qualcomm unlawfully suppressed competition in the market for mobile phone chips, and has ordered it to renegotiate contracts.
Bovis Homes sales tick higher as demand builds
Housebuilder Bovis Homes detailed its "strong" year-to-date performance on Wednesday, driven by an uptick in its sales on the back of "good" levels of demand for new homes.
Babcock says FY20 operating profit to drop by £63m
Babcock posted a drop in full-year profit on Wednesday as the defence contractor said operating profit for the financial year ahead is set to decline by around £63m, due in part to contract step-downs.
Diageo backs guidance for organic net sales growth
Drinks giant Diageo has backed its guidance to deliver organic net sales growth towards the upper end of its mid-single digit range on Wednesday.
U&I blames Brexit delays for reduced target
U&I reduced its target for trading gains for this year, blaming Brexit uncertainty for delayed investment decisions.
Pret A Manger to buy Eat as it looks to expand veggie outlets
Sandwich chain Pret A Manger has agreed to buy rival Eat for an undisclosed sum as it looks to cater to the growing trend for plant-based foods.
Antofagasta upbeat on copper prices despite trade tensions
Antofagasta said the outlook for copper prices was good despite global trade tensions as the world moves to reduce carbon emissions.
Former Ashtead boss to replace Gareth Davis as Ferguson chair
Plumbing and heating products distributor Ferguson has named former Ashtead chief executive Geoff Drabble as its new chairman.
British Steel failure threatens thousands of jobs
British Steel will be placed into administration on Wednesday, putting 5,000 jobs directly at risk and threatening another 20,000 in the company's supply chain.
Britvic profits bubble higher as low sugar market drives growth
Britvic reported higher interim profits and revenues on Wednesday as the UK's soft drinks market continued to grow despite the implementation of a soft drinks industry levy, according to Nielsen.