Company News
Seeing Machines partner clinches deals in Middle East and Russia
Seeing Machines, an industry leader in computer vision technologies, announced on Thursday that Technologica Information Technology, its exclusive partner in the Middle East, has won two "major" Guardian deals in 2017, in the Middle East and Russia.
SolGold closes "bought deal" private placement
SolGold, the company focused on the riches of the North Andean Copper Belt in Ecuador, has closed its “bought deal” private placement of 180m shares for proceeds of £45m, it emerged on Thursday.
NU-Oil digs in at Garden Hill site in Western Newfoundland
NU-Oil said it expected to begin a well test shortly at its wholly-owned Garden Hill site in western Newfoundland, after work programmes took longer than initially forecast.
Quadrise International signs MoU with Japan's largest engineering contractor
Quadrise International, the innovator and global licensor of disruptive residual oil technology, has signed a Memorandum of Agreement with JGC Corporation, a global and Japan’s largest engineering contractors, the company announced on Thursday.
ITM Power talks up deal pipeline in extensive trading update
Energy storage and clean fuel company ITM Power updated the market on its trading and operations for the period since the announcement of its successful placing and open offer on 29 September on Thursday.
Unite accuses Premier Inn owner of 'wage theft'
According to a snap poll by trade union Unite, two out of three workers at Premier Inn, Britain's largest budget hotel chain, had regularly been denied breaks and not been paid what they were owed.
Aviva ups growth targets, unleashing £3bn of excess cash
Aviva has upped upped its long-term cash flow, earnings and dividend targets and says it has £3bn of excess cash that will be used to pay down £0. 9bn debt next year, as well as making bolt-on acquisitions and funding shareholder returns.
Acquisitions drive trading at Totally
Healthcare services provider Totally updated the market on its trading on Thursday, reporting that following the recent acquisition of Vocare, trading across the group remained in line with expectations.
Vipera expands scope of contract with GSB Thailand
Mobile financial services provider Vipera has increased the scope of its contract with the Government Savings Bank of Thailand (GSB) through its partner TNFIS, part of the TN Information Systems group, utilising Vipera's digital financial services platform MOTIF under license, it announced on Thursday.
Hedge fund pursues effort to oust LSE chairman Brydon
An activist investor is pressing ahead with a shareholder vote to oust the chairman of the London Stock Exchange despite the company's attempts to draw a line under a boardroom power struggle.
Concurrent Technologies releases new product aimed at military command & control market
Concurrent Technologies, a global specialist in the design and manufacture of high-end embedded computer boards, announced on Thursday the release of a new XMC storage product, a memory module designed to provide extremely high reading and writing capability, the 620/001.
Friday preview: A quiet start to December
Friday 1 December is very quiet in the corporate diary, with no major companies expected to report results, but a range of data to sift through, for those inclined.
P2P to pay higher dividends, buy back shares
P2P Global Investments said it expected to pay a higher dividend and buy back more shares to boost shareholder returns.
Drilling at Italy-based Podere Maiar-1 redevelopment well underway, says Prospex Oil and Gas
AIM-quoted investment company Prospex Oil and Gas said Thursday it was informed by Po Valley Energy regarding completion of the first casing run in hole and cementing of the Italy-based Podere Maiar-1 redevelopment well, in which Prospex has a 17% working interest.
Tower Resources awards 3D seismic data contract to DMT Petrologic
Africa-focussed oil and gas company Tower Resources announced the award of a contract to reprocess 3D seismic data over and around its Thali license in Cameroon on Thursday, to DMT Petrologic.
Londoners now able to talk to Time Out through Google Home
Time Out Group launched a new ‘conversational app’ on the Google Assistant platform on Thursday, allowing users to “instantly discover the best things to do” in London.
Pantheon Resources reaches target depth at East Texas drill programme
AIM-quoted oil and gas exploration group Pantheon Resources provided investors with an operational update on its East Texas assets on Thursday morning, reporting progress from both the Tyler County and Polk County sites.
Warpaint completes buyout of gift cosmetics maker Retra
Specialist supplier of colour cosmetics Warpaint London confirmed the completion of the acquisition of Retra Holdings on Thursday.
Housing Development Fin. Corp to sell shares in its subsidiary
Housing Development Fin. Corp has announced approval for the sale of part of its stake in HDFC Asset Management Company Limited (HDFC AMC), a subsidiary of the corporation in which it owned 57. 36% of the issued and paid-up share capital as of 30 September, when HDFC AMC listed.
Vast Resources drilling programme 'appears' to support secondary mine
Results from Vast Resources' drilling programme in Romania seemed to support the development of a second open pit mine within its wholly owned Manaila licence area.