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Renalytix AI begins clinical validation study for 'KidneyIntelX'
Artificial intelligence-enabled kidney disease diagnostics developer Renalytix AI announced the start of its clinical validation study for its lead diagnostic, ‘KidneyIntelX’, on Wednesday.
Acquisition strategy a winner for Rotala
Rotala updated the market on its trading for the year ended 30 November on Wednesday, reporting that the 2018 financial year was in line with market expectations.
Botswana Diamonds raises fresh £0.37m in placing
Botswana Diamonds announced on Wednesday that it has undertaken a placing with existing and new investors to raise £0. 37m via the issue of 67,272,727 new ordinary shares at a price of 0. 55p each.
StatPro focus on recurring revenue paying off
Cloud-based portfolio analysis and asset pricing service provider StatPro Group updated the market on its trading for the year ended 31 December on Wednesday, reporting that group revenue was expected to be about £54. 7m, up from £49. 3m year-on-year.
Asia report: Markets mixed amid fresh US-China trade concerns
Asian markets finished in a mixed state on Wednesday, as sentiment took a dip amid renewed concerns over trade negotiations between the US and China.
VR Education steps up marketing game after release of 'Titanic VR'
Education-focussed virtual reality technology company VR Education updated the market on its trading for the year ended 31 December on Wednesday, reporting that revenue was expected to be around €0. 7m following the release of the ‘Titanic VR’ title on the Sony PlayStation platform on 22 November.
Eight Peaks takes interest in cybersecurity platform through SOARX investment
Eight Peaks Group has acquired a 25% stake in a software development, integration and distribution company that operates in the cybersecurity space - SOARX - for £0. 13m in cash, it announced on Wednesday.
Metro Bank shares plunge as growth slows
Metro Bank shares were falling through the floor in early trading on Wednesday, after the company reported underlying profit before tax of £50m for 2018 in a trading update.
Young's adds 15 pubs with Redcomb acquisition
Young & Co. ’s Brewery announced the acquisition of Redcomb Pubs - a company that owns and operates 15 pubs in “prime” locations - for £34m on a cash-free and debt-free basis on Wednesday.
Eve Sleep raises £12m to expand beyond the yellow mattress
Mattress firm Eve Sleep announced a conditional placing of 120,317,323 new ordinary shares at a price of 10p each on Wednesday, to raise about £12m before expenses from existing and new investors.
EVR to develop new version of MelodyVR for Facebook's Oculus
Virtual reality content producer EVR Holdings announced on Wednesday that its subsidiary MelodyVR has entered into an addendum to its distribution agreement with Facebook Technologies and its Oculus VR division.
British Land lifts third interim dividend by 3pc
British Land announced its third interim dividend for the quarter ended 31 December on Wednesday, confirming it will distribute 7. 75 per share.
Vodafone and O2 to extend network sharing partnership
Vodafone announced on Wednesday that itself and Telefónica UK, trading as O2, have entered into non-binding heads of terms intended to strengthen their existing network sharing partnership.
Antofagasta copper production rises, RPC receives take-private offer
London open The FTSE 100 is expected to open 23 points lower on Wednesday, having closed down 0. 99% at 6,901. 39 on Tuesday.
US close: Markets finish lower as sentiment dips
US stocks finished lower on Tuesday, with worries about a slowdown in China and some dire housing figures taking their toll on sentiment after the first trading day of the truncated week.