Company News
Tuesday preview: November CPI, Ashtead results in focus
All eyes will be on the November CPI report on Tuesday which hopefully - for the Bank of England governor - will show the rate of increase in the cost of living stuck at 3. 0%, allowing him to avoid having to pen a letter to the Chancellor explaining why he has allowed inflation to err more than 1. 0 percentage above the Bank of England's target.
HSBC money laundering charge to be lifted by US authorities
The US Department of Justice is due to lift the deferred charges placed on UK bank HSBC for alleged money laundering in Mexico.
K3 Capital flags bumper first half ahead of interim results
Business and company sales specialist K3 Capital updated the market on its trading on Monday, ahead of its interim results for the six months to 30 November, due to be announced on 16 January.
FFI acquires Aussie post-production firm Buff Dubs
Entertainment industry completion contract provision provider FFI Holdings has acquired Buff Dubs, it announced on Monday, which it described as one of Australia's “most innovative” post-production services companies with technology leadership in encoding, transcoding, media duplication and mastering.
Cadence Minerals to acquire up to 100pc of six lithium assets
Cadence Minerals has executed binding investment agreements with Lithium Technologies and Lithium Supplies to acquire up to 100% of six prospective hard rock lithium assets in Argentina, it announced on Monday.
3M to sell 'substantially all' of its Communication Markets division to Corning
Post-it notes maker 3m said on Monday that it has agreed to sell “substantially all” of its Communication Markets division to Corning Inc for $900m.
Silence Therapeutics sells more of its holding in Arrowhead
RNA-based therapeutics discovery and development company Silence Therapeutics has sold a further part of its holding of common shares in Arrowhead Pharmaceuticals, it announced on Monday.
Marlowe installs executive veteran Mark Adams as group finance director
Support services group focused on acquiring and developing companies that provide critical asset maintenance services, Marlowe, announced the appointment of Mark Adams as its group finance director, effective from 1 January, on Monday.
CyanConnode says no reason for recent share price move
AIM-listed CyanConnode noted the recent movement in its share price on Monday and said it was not aware of any corporate developments that justify such a move.
Roche to licence Ionis Huntington's treatment after trial breakthrough
Ionis Pharmaceuticals on Monday said it had earned a $45m fee from Roche after the Swiss peer took up its option to licence its Huntington's disease treatment.
MySQUAR finalises deal to distribute games in 30 markets
Myanmar-language social media, entertainment and payments platform MySQUAR has finalised a cooperation agreement with Guangzhou Ruiyou Information Technologies - a partially-owned subsidiary of Sealand Capital Galaxy - it announced on Monday.
Faron says Traumakine trial on track as it expands data target
Clinical stage biopharmaceutical company Faron Pharmaceuticals has completed recruitment on track for its Phase III INTEREST trial of ‘Traumakine’ for the treatment of moderate to severe acute respiratory distress syndrome (ARDS), it announced on Monday.
Evgen raises £2.3m as Sulforadex trials progress
Virtual pharmaceutical company Evgen announced on Monday that it was progressing in Phase II clinical trials of SFX-01 for both subarachnoid haemorrhage and ER+ breast cancer, with readouts expected at or around the end of 2018.
Randall & Quilter enters Malta underwriting agreements
AIM-listed Randall & Quilter's Malta subsidiary has entered into delegated underwriting agreements with UK motor insurance providers Xpekt and Blagrove Underwriting Agency.
AorTech reaches settlement in Utah litigation
Biomaterials and medical device intellectual property company AorTech International announced the end of its litigation with the Foldax defendants on Monday.
SatoshiPay set to accept credit card payments, says Blue Star Capital
Technology-focussed investing company Blue Star Capital announced on Monday that, further to its update on 13 November regarding its investee company SatoshiPay, it could confirm that SatoshiPay's partnership with Stellar was now ‘live’.
GCP Student Living completes acquisition of 'Podium' in London
Student residential asset-focussed real estate investment trust GCP Student Living announced on Monday that its purpose-built private student accommodation ‘Podium’ in London was now operational and fully occupied in respect of the 2017-2018 academic year.
Real Estate Investors sells Birmingham property, announces Leicester letting
Midlands focused property group Real Estate Investors has sold 24 Bennetts Hill, Birmingham, for a cash consideration of £4m and completed a major letting in Leicester.
Great Portland Estates JV secures Old Street pre-let
The Great Ropemaker Partnership, a 50:50 joint venture between Great Portland Estates and Ropemaker Properties, has pre-let 98,100 sq ft in its new development at 160 Old Street, EC1, to Turner Broadcasting System Europe.
Premier Oil to sell 30% stake in North Sea pipeline
Premier Oil has agreed to sell its 30% stake in the Esmond Transportation System pipeline in the North Sea to Cats Management for up to £23. 6m.