News And Announcements
Thomas Cook files for chapter 15 protection in US, says Bloomberg
Thomas Cook Group has sought to ensure its bonds are protected from US creditors by filing for Chapter 15 court protection, according to a Bloomberg report on Tuesday.
Watchstone to offload Canadian healthcare services business
Watchstone Group announced on Tuesday that its Canadian subsidiary, Quindell Services (QSI), has agreed to sell its wholly-owned subsidiary PT Healthcare Solutions and other subsidiaries forming its Canadian Healthcare services business, for an initial cash consideration of CAD 36. 2m (£22. 3m) on a cash-and-debt-free basis, to 11628542 Canada, a wholly-owned subsidiary of LM Holdings.
Bluejay Mining lodges application for exploitation licence at Dundas
Greenland-focussed Bluejay Mining announced the formal lodgement of its exploitation licence application for the Dundas Ilmenite Project with the Mineral Licence and Safety Authority (MLSA) of Greenland on Tuesday.
Spectra Systems receives $1.3m contract from central bank
Banknote authentication and brand protection technologies provider Spectra Systems Corporation has received funding approval for a $1. 3m (£1. 04m) contract with a G7 central bank to deliver three advanced quality control units used in the manufacturing of banknotes with its materials, it announced on Tuesday.
Arc Minerals pleased with soil sampling in Zambia
Arc Minerals updated the market on the recently-completed infill soil sampling programs over the Lumbeta and Muswema target areas, within the 872 square kilometre Zamsort and Zaco exploration licence areas in the Domes Region of the North Western Province in Zambia, on Tuesday.
Jubilee Metals making solid progress at Kabwe Project
Metals processing company Jubilee Metals Group updated the market on its Kabwe Project in Zambia on Tuesday, reporting that the existing copper leaching circuit had been brought on-line to process historical copper tailings as well as third party-sourced run-of-mine material, targeting the first plated copper cathode metal production during the early parts of the fourth quarter.
Zambeef to sell Sinazongwe Farm for $10m
Zambeef Products has agreed to sell its Sinazongwe Farm in Zambia to Chenguang Biotech Agri-Dev Limited for $10mln in cash.
Begbies Traynor no longer occupying properties owned by chairman
Business advisory and consultancy provider Begbies Traynor Group was forced to respond to press speculation regarding its occupation of properties owned or part-owned by its chairman Ric Traynor on Tuesday.
Credit Suisse backs easyJet's Germany strategy
Credit Suisse has backed easyJet, arguing that the budget airline is successfully navigating a difficult market.
Orosur shares soar after court backs payment plan
Shares in Orosur Mining rocketed more than 50% on Tuesday after a court in Uruguay approved its reorganisation plans.
Lightspeed Solar Partners to debut on London market
Lightspeed Solar Partners is to float on the London Stock Exchange as it seeks to raise $250. 0m to fund acquisitions.
German investor sentiment improves in September
German investor sentiment improved in September after the European Central Bank eased monetary policy earlier this month, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
EU conditionally clears E.ON's acquisition of Innogy assets
The European Commission has conditionally cleared E. ON's proposed acquisition of Innogy's distribution and consumer solutions business, as well as some of its electricity generation assets.
French Connection losses narrow, strategic review extended
Fashion retailer French Connection posted a narrowing of its interim losses on Tuesday but a drop in revenue, as it said the strategic review and formal sale process have been extended until the end of the year.
Smart Metering Systems remains upbeat despite interim loss
AIM-listed Smart Metering Systems has swung into the red, hit by higher depreciation and interest costs.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
BMO Commercial Property reports fall in NAV amid Brexit headwinds
BMO Commercial Property Trust on Tuesday reported a decline in net asset value per share as Brexit ensured continued uncertainty in the UK commercial property market.
Aquis Exchange revenue soars as it becomes 'Brexit-ready'
Aquis Exchange reported a 165% improvement in its first-half revenue in its interim results on Tuesday, to £3. 4m, while it narrowed its EBITDA loss to £0. 16m from £1. 6m.
Central Asia Metals maintains interim dividend amid weak commodity market
Central Asia Metals declared an interim dividend of 6. 5 pence per share in its interim results on Tuesday, in line with its half-year distribution in 2018, even as gross group revenue slipped to $89. 9m (£72. 52m) from $102. 4m year-on-year.
Arkle Resources identifies new gold target at Inishowen
Irish gold and zinc exploration and development company Arkle Resources, formerly known as Connemara Mining Company, announced that a new gold target has been identified at its wholly-owned Inishowen Gold Project on Tuesday.