Company News
Saudi Aramco IPO remains on track for 2018
Saudi Aramco still plans to make a stock market debut next year, its chief executive confirmed on Thursday.
Avacta enters research collaboration with FIT Biotech
Avacta Group, the developer of ‘Affimer’ biotherapeutics and reagents, announced on Thursday that it has initiated a research collaboration with FIT Biotech to assess the effectiveness of developing gene therapies using its Affimer technology combined with FIT Biotech's ‘gtGTU’ platform.
Intercede pleased with progress in first half
Digital identity, credential management and secure mobility company Intercede updated the market on its trading for the six months to 30 September on Thursday, reporting that first half revenues increased by around 30% compared to the previous period, to more than £3. 6m.
Redcentric confirms Chris Jagusz as new CEO
Managed IT services provider Redcentric announced the appointment of Chris Jagusz as its chief executive officer on Thursday - confirming he would start on 16 October - and updated the market on its trading for the six months to 30 September.
Aura Energy clears regulatory hurdle at Tiris Uranium Project
Aura Energy advised the market that the Environmental and Social Impact Assessment (ESIA) for the Tiris Uranium Project in Mauritania has been approved by the Mauritanian Government on Thursday.
Randall & Quilter raises £45m in share placing
AIM-listed non-life insurance and investment specialist Randall & Quilter has raised gross proceeds of £45m through a placing and open offer.
Hemogenyx reverses into Silver Falcon, issues shares to Cornell Uni
Preclinical-stage biotechnology company Hemogenyx began trading on on Thursday after reversing into fully listed cash shell Silver Falcon.
Morses tries to capitalise on struggles at rival Provident
Doorstop lender Morses Club enjoyed a "strong" first-half performance as it grew sales thanks to a "significant increase" in its territory coverage amid the troubles at rival Provident Financial, though it failed to improve the bottom line.
DFS Furniture confirms profits below expectations, dividend doubled
DFS Furniture confirmed a disappointing drop in full year profits that came in below City analyst expectations, but steadfastly back the business model to continue delivering cash and return to profit growth in 2018 despite challenging market conditions.
Vodafone overhauls global visual identity
Vodafone announced a “significant evolution” of its brand positioning strategy, strapline and visual identity worldwide on Thursday - the first changes to one of the world's best-known brands since the introduction of the 'Power to you' strapline in 2009.
Ferrexpo pellet production drops due to maintenance programme
Ferrexpo reported a drop in pellet production for the third quarter on Thursday due to its ongoing pellet line maintenance programme.
BTG hails 'momentum' and 'progress', acquires catheter company
Medical products group BTG grew sales at double-digits at constant exchange rates in the first half of the year and confirmed it was on track for the full year, while also announcing it has acquired a US-based cardiovascular catheters business.
EasyJet traffic jumps 11% in September, load factor ticks up
Budget airline easyJet reported an 11% jump in passenger numbers for September as the load factor ticked higher.
Balfour Beatty to sell US unit for £42m
Balfour Beatty said it was selling its US unit Heery to CBRE Group for $57m (£42m) to allow it to expand operations in the region.
Aviva to buy majority stake in low cost provider Wealthify
Aviva said it had agreed to buy a majority shareholding in low cost investment service Wealthify Group for an undisclosed sum.