Company News
Unlicensed vehicles on UK roads on the rise in 2017, new government data shows
The amount of unlicensed vehicles on UK roads rose in 2017 in comparison to 2015, prompting fears that roughly £100m Vehicle Excise Duty revenues might be lost over the course of the year.
Bushveld Minerals completes mineral resource estimates review at SA vanadium mine
The mineral project development company, Bushveld Minerals, said it had completed the review of previous mineral resource estimates for Bushveld Vametco Alloys Limited's primary vanadium mine in Northwest Province, South Africa, as well as reserve declarations.
Emerson Electrical raises offer for Rockwell Automation
Rockwell Automation shares took off on Thursday after Emerson Electrical raised its takeover bid by $10 per share.
Mkango bags Noble as partner in Malawi rare earths project
Mkango Resources has secured backing for its Songwe Hill rare earths project in Malawi by giving away a 49% stake to Noble Group's Talaxis subsidiary.
BOS bombs after revealing 'urgent' cash talks
BOS Global was the biggest faller on AIM on Thursday after its overnight announcement that it is in "urgent discussions" with its main backer over its finances.
Alexander raises cash to cover all of 2018
Alexander Mining has raised £600,000 before expenses in a placing priced at 0. 15p to boost its coffers for general working capital and business development for the whole of next year.
Victoria completes acquisition of Keraben Grupo
The floor coverings manufacturer and designer, Victoria, has completed the purchase of Keraben Grupo, a substantial European manufacturer of branded floor and wall ceramic tiles, its board announced on Thursday.
Berenberg upgrades Marshalls to buy, raises target price to 510p
Analysts at Berenberg upgraded their view on Marshalls from an initial 'hold' to a 'buy' on Wednesday, citing its strong domestic performance after acquiring precast concrete manufacturer CPM in October as its reasoning.
STM Group granted stay on appointment of inspectors pending appeal
Following the announcement of 14 November 2017, STM Group, the cross border financial services provider has been advised that the Gibralter Financial Services Commission and associated subsidiaries agreed voluntary stay, devoid of prejudice to the respective parties' legal arguments, till the appeal countering the appointment of inspectors was heard by the court.
IXICO announces new contract with leading biopharmaceutical company
Digital technologies company IXICO has today announced a new contract with an undisclosed leading biopharmaceutical company to support the use of wrist-worn activity sensors in a late stage trial for a psychiatric disorder for £0. 75m over a two- year term.
President Energy expecting $3m from Argentine sales in November
Upstream oil and gas company President Energy updated the market on its operations at its Puesto Flores Field in Rio Negro Province, Argentina on Thursday, reporting that it is expecting more than $3m net cash proceeds from its Argentine oil sales in November.
Plutus PowerGen brings Crumlin facility into operation
Flexible energy generation developer Plutus Powergen has brought the 20MW FlexGen facility in Crumlin, South Wales, into operation, it announced on Thursday, to help to mitigate the current and forecast risk of an energy deficit.
Friday preview: Nothing major expected
Friday looks likely to be deathly quiet compared to the bustle of the previous days, with no major UK macroeconomic data and a quiet day scheduled in the company diary.
Babcock wins RAF contracts worth £160m
Engineering services company Babcock has been awarded three “significant” new regional contracts by the UK Ministry of Defence to provide technical support services to the Royal Air Force.
Angling Direct reels in two new stores in the North West
Specialist fishing tackle retailer Angling Direct announced on Thursday that it has acquired the stock and goodwill of North West Angling Centre and Tacklesaver for a total consideration of £0. 45m payable in cash, plus stock at valuation.
Kibo Mining and Tanzanian government to update MoU
Kibo Mining today announced that it has agreed with the Tanzanian government to update the existing Memorandum of Understanding for the power purchase agreement (PPA) linked to the Mbeya Coal to Power Project (MCPP).
Asda sales rise for second quarter running
Asda has clocked up rising sales for the second quarter in a row as the supermarket chain heads into the peak Christmas trading period.
MySQUAR launches sequel to popular fishing game
Myanmar-language social media, entertainment and payments platform MySQUAR launched a new casual game called Fish Hunter - Kotanger 3D on Thursday.
Eddie Stobart reports good contract progress ahead of Christmas
Eddie Stobart updated the market on its contract progress across all business sectors on Thursday, reporting that in its retail sector it now provides services to “most” of the major supermarkets in the UK.
Harwood Wealth sees FY earnings, revenue ahead of market views
AIM-listed Harwood Wealth Management said on Thursday that full-year revenue and adjusted earnings are set to be ahead of market expectations.