Full List Of Stories
Operating profit surges in first half at APC Technology
Specialist electronic components and systems provider APC Technology Group issued its unaudited interim results for the six months ended 28 February on Tuesday, with operating profit before exceptional items rising 45% to £0. 55m over the same period last year.
Tertiary reports positive progress on Sweden fluorspar project
Fluorspar-focussed firm Tertiary Minerals updated the market on the exploitation mine permit re-assessment for its Storuman fluorspar project in Sweden on Tuesday, reporting that recent positive meetings had been held between the head of the Swedish Mining Inspectorate, the county administrative board of Västerbotten, and Tertiary.
PowerHouse signs first international distribution agreement for DMG
Waste-to-hydrogen technology company PowerHouse Energy Group announced its first international distribution agreement for its proprietary ‘DMG’ hydrogen from waste (HfW) process on Tuesday, targeting the supply into hydrogen bus projects in Bulgaria and Romania.
Asia report: Markets mostly lower as China beats on first quarter GDP
Markets in Asia finished Tuesday’s session mostly lower as investors sifted through a tsunami of data from China, with forecast-beating GDP growth at the top of the agenda.
TP Group earnings surge after focus on margins and delivery
Specialist services and engineering company TP Group issued its audited results for the year ended 31 December on Tuesday, reporting a 39% improvement in revenue to £29. 5m.
Gulf Marine Services wins two-year vessel contract
Advanced self-propelled self-elevating support vessels provider Gulf Marine Services announced a new long-term contract award for one of its mid-size class vessels on Tuesday.
Findel expecting top-end results after improved second half
Online value retail and education business Findel updated the market on its trading on Tuesday, following the close of its financial year on 30 March, reporting that its performance was expected to be at the upper end of market expectations.
Novartis kicks off AveXis cash tender offer, commits $100m to malaria research
Novartis announced on Tuesday that its indirect wholly-owned subsidiary, Novartis AM Merger Corporation, has commenced a cash tender offer to purchase all the outstanding shares of common stock of Nasdaq-listed AveXis for $218 per share, net to the seller in cash, without interest and subject to any tax withholding.
Sequoia Economic Infrastructure confirms placing, with pricing to be confirmed
Sequoia Economic Infrastructure Fund announced a proposed placing of up to 72. 8 million new ordinary shares on Tuesday, with the issue price of the new shares to be announced separately on or around 25 April.
Tullow chair to be filled by ex-Drax boss Dorothy Thompson
Tullow Oil announced the appointment of Dorothy Thompson as an independent non-executive director and chair-designate of the company on Tuesday, with effect from the conclusion of its annual general meeting on 25 April.
Demand for emerging markers assets leads third quarter growth for Ashmore
Specialist emerging markets asset manager Ashmore Group updated the market on its assets under management for its third quarter ended 31 March on Tuesday, reporting that assets under management increased $7bn during the period, with net inflows of $6. 4bn and positive investment performance of $0. 6bn.