News And Announcements
UK government delays decision on £4.0bn Cobham takeover
The UK government on Tuesday delayed its decision on whether to allow the takeover of defence firm Cobham by US private equity firm Advent International.
Workers at FirstGroup's SWR to strike for most of December
Commuters and holiday travellers in south London, Surrey and much of southern England could be in for a difficult December, as South Western Railway staff announced their intention to walk out for a month from 2 December on Tuesday.
New car sales continue to struggle amid Brexit uncertainty - SMMT
New car registrations in the UK fell by 6. 7% in October as economic and political uncertainty continued to impact confidence, according to data released on Tuesday by the Society of Motor Manufacturers and Traders (SMMT).
GAN trading ahead of expectations after US expansions
Internet gambing software developer and supplier GAN updated the market on its trading for the four months ended 31 October on Tuesday, and updated its outlook for the full year ending 31 December.
ULS Technology reports 'robust' trading in first half
Conveyancing and financial intermediary platform provider ULS Technology updated the market on its trading on Tuesday, ahead of its half-year results for the six months ended 30 September.
Botox maker Allergan reports jump in third-quarter revenues
Botox maker Allergan, which is being taken over in a $63bn blockbuster deal, has upped its full-year guidance after posting a forecast-beating set of third-quarter numbers.
Inmarsat rejects call to halt takeover proceedings
British satellite maker Inmarsat has rejected a call from one its biggest shareholders to delay its $3. 4bn takeover.
Delays and extra costs to keep Filta earnings flat in H2
Filta was under the cosh on Tuesday after the commercial kitchen services provider said earnings for the second half were set to be in line with the first due to delays and extra costs.
Andalas reports inconsistent flows at Betun Selo workover
Upstream oil and gas company Andalas Energy and Power updated the market on its operations on the Betun Selo KSO on Tuesday, in which it has a production interest further to the agreement announced on 21 June and was currently undertaking a four-well workover programme on the project.
Best of the Best beating expectations as move to online pays off
Weekly car and lifestyle competition organiser Best of the Best reported on Tuesday that trading for the six months ended 31 October had been “encouraging”, with the positive momentum it spoke of at its annual general meeting continuing.
Lidco upbeat as it launches new monitor in China
Haemodynamic monitoring company Lidco announced on Tuesday that the ‘LiDCOrapidv3’ monitor - its latest cardiac output monitor with non-invasive technology - has been launched in China at the 27th Annual Meeting of the Chinese Society of Anesthesiology in Hangzhou.
James Fisher hit by cyber attack; shares slump
Shares of James Fisher and Sons slumped on Tuesday after the marine services provider said it had been hit by a cyber security attack.
Credit Suisse ups rating on Aggreko to 'outperform'
Credit Suisse has upgraded its rating on Aggreko, encouraged by a focus on improving return on capital employed and a key contract to supply power to the 2020 Olympic and Paralympic Games in Japan.
IWG Q3 revenues jump on improved occupancy
IWG on Tuesday reported a jump in third quarter revenue after improved occupancy at its older offices, as well as encouraging contributions made by new additions from 2018 and 2019.
Passenger numbers take off at Wizz Air
Passenger numbers at Wizz Air jumped by more than 20% in October, the low-cost airline announced on Tuesday.
Two Shields Investments invests further into BrandShield
Technology-focussed investment company Two Shields Investments has completed its proposed investment of $0. 5m (£0. 38m) in BrandShield, it announced on Tuesday.
Arc Minerals announces latest copper assays from Cheyeza East
Zambia-focussed copper exploration and development company Arc Minerals announced the receipt of additional near surface, high grade copper assays from its maiden diamond drill exploration programme at the Cheyeza East target on Tuesday.
Watkin Jones reports 'strong' trading through final parts of year
Residential rental property developer Watkin Jones updated the market on the year ended 30 September on Tuesday, reporting that its trading remained “strong” through the final quarter of the year.
Verona Pharma losses widen as it pours resources into ensifentrine
Biopharmaceutical company Verona Pharma updated the market on its operations and finances for the three and nine months ended 30 September on Tuesday, highlighting positive results from the second part of its phase 2 study of the dry powder inhaler formulation of ‘ensifentrine’ in chronic obstructive pulmonary disorder (COPD), delivered by handheld inhaler over one week of twice-daily treatment.
AFC Energy takes wraps off inaugural product ranges
Hydrogen power generation technology company AFC Energy unveiled the branding of its inaugural range of product lines on Tuesday, with the first being ‘HydroX-Cell(L)’, which it described as a zero emission, high efficiency and low-cost alkaline fuel cell utilising a liquid electrolyte configured in 10kW modules, capable of deployment across large scale industrial applications utilising lower grades of hydrogen.