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Company News
FRC tells 'Big Four' accountants to split accounting and auditing operations
Regulators have told the UK's 'Big Four' accounting firms that by June 2024 they must separate their accounting and auditing arms.
Read full storyTuesday preview: German industrial production, Whitbread in focus
The market spotlight on Tuesday will be on industrial production data out of Germany and a report on the US jobs market.
Read full storyDirector dealings: Polar Capital co-founder ups stake
Polar Capital revealed on Monday that non-executive director Brian Ashford-Russell had acquired 106,544 ordinary shares in the London-listed asset manager.
Read full storyAltus Strategies upbeat on Diba resource estimate
Mining investment company Altus Strategies released the results of an independent mineral resource estimate at its wholly-owned Diba gold project in Mali on Monday.
Read full storyUrban Logistics reports strong rent collection for September quarter
Specialist property investor Urban Logistics announced on Monday that 98% of rent due for the quarter to September had been collected.
Read full storyHardman & Co. says ICG Enterprise Trust's discount to NAV 'anomalous'
Analysts at Hardman&Co. initiated coverage on FTSE-250 listed private equity investor ICG Enterprise Trust on Monday, telling clients that it was "anomalous" that a firm with a consistent record of outperformance should be trading at only two-thirds of its net asset value.
Read full storySound Energy renegotiates Anoual permits
Morocco-focussed upstream gas company Sound Energy has concluded a re-negotiation of the terms of its Anoual exploration permits with Morocco's National Office of Hydrocarbons and Mines (ONHYM), it announced on Monday.
Read full storyCroda to buy US-based Avanti for up to $260m
Chemicals company Croda International has agreed to buy Avanti, a company specialising in the development and production of high-purity polar lipids used in next-generation drug delivery technology and vaccines, for as much as $260m.
Read full storyUber to buy Postmates for $2.65bn
Uber Technologies confirmed on Monday that it has agreed to buy food delivery start-up Postmates for around $2. 65bn in all-share deal.
Read full storySabien revenues double despite Covid-19 impact
Energy reduction group Sabien Technology said on Monday that it had not escaped the impact of the Covid-19 pandemic, despite managing to double revenues throughout the second half of the year.
Read full story888 extends iGaming contract with Delaware Lottery
Online gambling company 888 Holdings said on Monday that it has extended its exclusive iGaming contract with the Delaware Lottery for a further two years.
Read full storyRBC downgrades Energean, shares slide
RBC Capital Markets has downgraded Energean on valuation concerns, sending shares in the Mediterranean-focused energy firm lower.
Read full storyEddie Stobart Logistics's full-year losses balloon, but chairman optimistic
Eddie Stobart Logistics posted a huge increase in its full-year loss before tax even as management tried to draw a line under past accounting shortfalls and sounded a confident note on the firm's finances and outlook.
Read full storyMobile Streams joint venture launching SaaS platform
Mobile Streams announced on Monday that it is launching, under the terms of its existing joint venture with Krunch, a software-as-a-service (SaaS) insight platform.
Read full storyNext part of tumour trial begins for 4D Pharma
Biotherapeutics developer 4D Pharma has begin the treatment of the first patients in part B of its phase 1 and 2 clinical trial of ‘MRx0518’ in combination with immune checkpoint inhibitor ‘Keytruda’, or pembrolizumab, it announced on Monday, in patients with acquired resistance to prior immune checkpoint therapy.
Read full storyGunsynd raises £0.47m to progress its investments
Gunsynd has raised £0. 47m through the placing of 71,538,462 new shares, it announced on Monday, at a price of 0. 65p each.
Read full storyMacfarlane Q2 sales 'more resilient' than anticipated
Packaging and labelling company Macfarlane Group said on Monday that sales had been "more resilient" than previously anticipated throughout the second quarter of its trading year.
Read full storyValiRx looks to build on portfolio of drug candidates
Medicines developer ValiRx said on Monday that it was looking to build on its existing portfolio of drug candidates and grow a pipeline of innovative, early-stage projects in the areas of oncology and women's health.
Read full storyCheckit names Aylsa Muir as CFO designate
Workflow management software provider Checkit appointed Aylsa Muir as its chief financial officer designate on Monday.
Read full storyStrong online performance sees Ultimate Products raise expectations
UP Global Sourcing, trading as Ultimate Products, released an unscheduled trading update on Monday, reporting that since its previous update on 8 June, the invoicing and delivery of its order book had continued to progress “at a good pace”.
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