News And Announcements
Wilmington dividend suspended as it ends year in line
Data and business information company Wilmington reported preliminary results at the top end of its expectations for revenue and profit on Thursday, with revenues for the year falling 8% to £113. 1m.
Regional REIT puts in 'resilient' first half performance
Regional REIT reported an EPRA total return of 37. 3% since listing in 2015 in its half-year report on Thursday, representing 7% annualised returns for shareholders.
WANdisco revenue remains weaker as it launches new products
Data technology company WANdisco reported first-half revenue of $3. 6m (£2. 78m) on Thursday, down from $6m year-on-year.
Enwell Energy revenue falls as commodity prices weaken
Ukraine-focussed oil and gas exploration and production company Enwell Energy reported revenue of $24. 7m (£19. 07m) in its first half on Thursday, which was down 21% as a result of weakened gas prices in the period.
ADM Energy submits bid for marginal field in Nigeria
Natural resources investment company ADM Energy has formally submitted a bid with the Nigerian Department of Petroleum Resources (DPR) for a marginal field in the 2020 Marginal Field Bid Round, it announced on Thursday.
Sure Ventures' VividQ enters hologram collaboration with Arm
Software and technology venture capital fund Sure Ventures updated the market on its investment in 3D holography-focussed company VividQ on Thursday, in which the company holds directly and indirectly as part of the investment portfolio of Sure Valley Ventures Fund (SVV).
Illness in phase three trial not linked to Covid-19 vaccine, Oxford says
The Covid19 vaccine being trialled by AstraZeneca and the University of Oxford was likely not behind the symptoms of one participant which led to the pause in the phase three trials last week, documents provided to the volunteers show.
Carnival cancels all P&O sailings until early 2021
Cruiseline operator Carnival revealed on Thursday that all P&O sailings had been cancelled until early 2021.
Spire Healthcare reports loss but demand picks up
Spire Healthcare swung to a first-half loss as the company wrote down £200m of goodwill and reported a pickup in demand for operations.
IG Group first-quarter revenue jumps 62%
FTSE 250 online trading platform IG Group posted a big jump in first-quarter revenue on Thursday as it continued to benefit from high levels of trading activity and new client acquisition.
Deloitte fined record £15m for failings in audits of its software company
Deloitte was fined a record £15m fine over failings regarding audits of its software company Autonomy between 2009 and 2011.
Barkby Group adds to its burgeoning pub portfolio
Diversified company The Barkby Group announced on Thursday that its hospitality division has entered into a new six-year leasehold agreement for The Harcourt Arms, in the village of Stanton Harcourt in Oxfordshire.
Eden Research gets more approvals in France and Serbia
Eden Research announced on Thursday that its commercial collaborator, Eastman Chemical Company, has received authorisation for the sale of ‘Cedroz’ in France.
Oakley Capital fund sells stake in Italian property portal Casa
Oakley Capital Investments announced on Thursday that the Oakley Capital Private Equity III fund has reached an agreement to sell its stake in Casa. it to the EQT IX fund.
John Lewis scraps bonus as it reports £635m loss
John Lewis Partnership scrapped its staff bonus and guided staff not to expect a renewed payout soon as the department store group swung to a £635m annual loss.
Kier trading in line after Covid-19 hits results
Kier Group said it was trading in line with expectations after Covid-19 hit the construction and infrastructure services company's annual results.
Novacyt swings to profit on soaring Covid test sales
Covid-19 test maker Novacyt swung to a first-half profit driven by soaring sales during the current pandemic and said it expected core annual earnings to top €100m.
IronRidge upbeat on latest drilling results at Zaranou
Africa-focussed minerals exploration company IronRidge Resources reported additional high-grade drilling results from the second phase drilling programme at the Ebilassokro and Ehuasso targets, both within the Zaranou Gold Project area, on Thursday.
Co-operative H1 profits rise on ‘exceptional’ food, wholesale performances
The Co-operative Group reported a rise in first-half profits on Thursday as revenue was boosted by the food and wholesale divisions.
OptiBiotix Health strikes deal with Ayalla in Brazil
Life sciences company OptiBiotix Health announced on Thursday that its wholly-owned subsidiary ProBiotix Health has entered into an exclusive distribution agreement with Ayalla Marketing, for the distribution of its cholesterol reducing probiotic ‘LPLDL’ as an ingredient and as four finished products within the ‘CholBiome’ portfolio, for Brazil.