Company News
Tuesday preview: Ferguson and Victrex report, UK services PMI
Results from Ferguson and Victrex are the highlight of a quiet company calendar, but on the data side there's a more packed diary, with a ream of soft economic data around the world, eurozone retail sales and the US trade balance.
MySale Group makes solid start to year
Online retailer MySale Group has started its financial year positively, investors were told at its annual general meeting on Monday.
Windar gets order for 300 systems from China
Windar Photonics, the technology group which has developed a LiDAR wind sensor for use on electricity-generating wind turbines, announced on Monday that - after a period of testing announced earlier this year - it has received a follow-on order from one of its Chinese partners for 300 ‘WindEye’ LiDAR systems for the Chinese market.
Versarien signs deal with US chemicals supplier
Advanced materials engineering group Versarien has signed an agreement with an unnamed US-headquartered global chemical supplier, it announced on Monday, which will allow both companies to begin collaborating across “a number” of projects.
Silence sells part of its holding in Arrowhead Pharmaceuticals
Serious disease treatment developer Silence Therapeutics has sold part of its holding of common shares in Arrowhead Pharmaceuticals, it announced on Monday.
Primorus sells Gold Mines of Wales holding to Alba
Primorus Investments announced on Monday that it has, by way of a sale and purchase agreement and loan assignment, sold its entire holding of 49% of the issued share capital in Gold Mines of Wales to Alba Mineral Resources, for a total consideration of 83,333,333 shares in Alba.
Sky shares rise as Disney resumes Fox hunt
Shares in Sky were lifted on Monday after reports that Walt Disney has restarted talks with Rupert Murdoch’s 21st Century Fox over acquiring most of the broadcaster's assets, including the stake in the UK business.
CVS Health to buy Aetna in $69bn deal
US drugstore chain CVS Health has agreed to buy health insurer Aetna in a deal worth around $69bn.
Italy's Prysmian to buy General Cable in $3bn deal
Italian cable maker Prysmian Group has agreed to buy US rival General Cable in a deal that values the company at around $3bn including debt and other liabilities.
Reabold Resources takes 29pc of Danube Petroleum
Reabold Resources has signed an agreement with Danube Petroleum - a wholly owned subsidiary of ASX-listed ADX Energy - to invest a total of £1. 5m for a 29% interest in Danube.
Totally appoints Gloria Cooke as clinical quality director
AIM-listed out-of-hospital services provider Totally has appointed Gloria Cooke to the board with immediate effect as clinical quality director.
David Butcher appointed GM of brands at Walker Greenbank
Luxury interior furnishings group Walker Greenbank announced the appointment of David Butcher as general manager of brands on Monday.
Major shareholders give Malvern £0.25m loans
Educational services provider Malvern International has entered into loan agreements with its two major shareholders, KSP Investments and CG Corp, whereby KSP and CG Corp will each loan the company £0. 25m, it announced on Monday.
Conygar to build new B&M store in Ashby-de-la-Zouch
Property investment and development group The Conygar Investment Company announced on Monday that on 1 December it exchanged a lease agreement with B&M Retail to construct a 20,000 square foot store with an additional 7,500 square foot garden centre and 79 car parking spaces at its site in Ashby-de-la-Zouch, Leicestershire.
Castleton Technology acquires Australian housing software firm Kinetic
Software and managed services provider Castleton Technology announced the acquisition of Kinetic Information Systems - a provider of software solutions to the community housing sector in Australia - for an initial cash consideration of AUD 2m (£1. 14m) and a deferred cash payment of AUD 0. 5m.
Egdon acquires P2304 from Europa Oil and Arenite
UK and Ireland-focussed exploration, development and production company Europa Oil & Gas announced the sale of its 50% interest in Promote Licence P2304 to Egdon Resources on Monday.
Cora Gold begins six-month drill programme at Sanankoro
West Africa-focused gold exploration company Cora Gold announced on Monday that, following the mobilisation of the rigs on 30 November, a six-month drill programme has started at its flagship Sanankoro gold discovery in Southern Mali.
Alliance Pharma to buy rights to lice treatment range Vamousse
Specialty pharmaceutical group Alliance Pharma has agreed to buy the worldwide rights to pesticide-free lice treatment range Vamousse from TyraTech Inc for an initial consideration of $13m and a deferred contingent of up to $4. 5m.
Intercede secures contract with UK government ministerial department
AIM-listed software and service company Intercede has signed a contract with a UK government ministerial department that will generate revenue of around £250,000 in the current financial year and up to £500,000 in the following year.
Dialog Semiconductor admits Apple 'has capability' to make own power chips
Dialog Semiconductor said on Monday that Apple, its largest client by far, could potentially design its own power management chips "in the next few years", sending shares in the UK-based, German-listed chip maker into red for the second day in a row.