Company News
Savannah Petroleum makes third consecutive oil discovery in Niger
British independent oil and gas company Savannah Petroleum on Wednesday confirmed the third consecutive discovery in its maiden exploration campaign in Niger’s Agadem Rift Basin.
Arbuthnot appoints COO to chief executive of private banking business
Arbuthnot Banking Group on Wednesday appointed Andrew Salmon as chief executive of the group’s merchant banking company, Arbuthnot Latham & Co. , Limited.
Thursday preview: US CPI, Asos in the spotlight
The focus on Thursday is likely to continue to be on the global trade front as well as the headlines coming out of the NATO leaders' summit in Brussels.
Indivior plunges on profit warning after launch 'friction'
Indivior issued a profit warning due to a slower than expected launch of its new Sublocade product and changes in the US market for its main money-spinner, including challenges from a rival generic treatments.
GAN launches gaming products with NJ's Ocean Resort Casino
Internet gaming software, services and online gaming content firm GAN announced on Wednesday the it has simultaneously launched both real money online gaming and simulated gaming for Ocean Resort Casino in New Jersey.
Panther Securities disposes of Wimbledon Studios asset
London-listed property investment firm Panther Securities has completed the disposal of its freehold interest in Wimbledon Studios for £18m.
Defenx appoints BV-Tech CEO as interim chairman in wide-ranging changes
Defenx on Wednesday announced a slew of changes to its board including the appointment of BV-Tech founder and chief executive Raffaele Boccardo to the role interim executive deputy chairman.
Tern surges following launch of Device Authority's healthcare security solution
Shares in AIM-listed investment firm Tern soared after the firm revealed one of its portfolio companies had officially launched its new healthcare internet-of-things security solution.
Griffin Mining subsidiary clears major hurdle in Chinese mine licence process
Griffin Mining announced on Wednesday that its Chinese operating subsidiary, Hebei HuaAo Mining Industry Company, has completed the “most important” phase in the granting of the new mining licence over Zone II of the Caijiaying Zinc-Gold Mine.
Telit Communications expecting decent revenue bump in first half
Internet of things (IoT) technology company Telit Communications issued a trading update for the six months to 30 June on Wednesday, reporting that group revenue was expected to be around $201m - an increase of 13. 2% year-on-year.
Hibernia offloads Dublin's New Century House for a decent return
Hibernia REIT announced on Wednesday that it has exchanged contacts to sell New Century House to a fund managed by Credit Suisse Asset Management Global Real Estate for €65. 3m.
Micro Focus begins to get to grips with HPE integration plan
Software product group Micro Focus International issued its interim results to 30 April on Wednesday - the second interims for its 18-month reporting period to 31 October - with a pro forma constant currency revenue decline of 8. 0% to $1. 97bn.
Conroy Gold reports 'significant' gold intersections at Clontibret
Conroy Gold and Natural Resources reported “significant” gold intersections from the seventh and eighth drill holes completed in the current drilling programme on its 100%-owned Clontibret gold deposit on Wednesday.
Ilika raising £4m to help fund Stereax cell commercialisation
Advanced solid-state battery technology and materials innovation company Ilika announced a placing of new ordinary shares at a price of 20p each on Wednesday, to raise gross proceeds of no less than £4m.
Eckoh's Adam Moloney to join Blancco as CFO
Blancco Technology Group announced on Wednesday that Adam Moloney would join the company on 23 July as its chief financial officer and a board director.
Barratt sees profits building to record levels
House builder Barratt Developments said it expected pre-tax profits to come in at a record £835m, up from £765. 1m in 2017 after reaching its highest level of completions for a decade.
Balfour Beatty, Galliford Try in union wrangle over Aberdeen bypass
Trade unions have called for an investigation into "lethal" working hours demanded at a joint venture between Balfour Beatty and Galliford Try to build Aberdeen's new ring road.
Arc Minerals launches Zamsort drilling programme
Arc Minerals said it had kicked off its 11,000-metre drilling programme at the Zamsort copper-cobalt project in Zambia.
Accrol appoints Steve Townsley as new CFO
UK-based tissue converter Accrol has appointed Steve Townsley as its new chief financial officer.
Frenkel Topping tumbles as trading softens
UK-based financial advisor and asset manager Frenkel Topping said it had made "good progress" on its strategic objectives outlined earlier in the year, despite having to face a softer than anticipated trading background.