Company News
Seeing Machines adds tech veteran Jack Boyer as chairman
AI monitoring systems designer Seeing Machines has appointed Jack Boyer as chairman designate with immediate effect, allowing Ken Kroeger to take the chief executive role on a permanent basis.
Versarien appoints graphene whizz to newly created role
Advanced materials engineering firm Versarien appointed Cambridge University graphene expert Stephen Hodge to the company’s newly created head of research role.
IDE Group's shares dip as profit warning reiterated
Specialist managed IT services provider IDE Group on Monday reiterated warnings that the company’s full-year profit is likely to decline from last year.
Tuesday preview: Royal Mail volumes eyed, TalkTalk has chance to impress
Tuesday will give investors an opportunity to catch up on developments at Dairy Crest, Galliford Try, Royal Mail, SSP and TalkTalk, while later jobs data will be important ahead of the Bank of England's meeting in a fortnight.
Typhoon export orders take off as UK government unveils new jet
UK Defence Minister Gavin Williamson unveiled a prototype of a new fighter jet named Tempest at the Farnborough Airshow on Monday, the same day as BAE Systems' chief executive Charles Woodburn detailed a promising outlook for the UK's existing Typhoon fighter jet.
Plant Health Care eyes cash positivity, tumbles on Brazil soy hitch
Biological products provider Plant Health Care reported that it was on track to achieve full-year revenue growth of 30% but revealed that the license auction for soy in Brazil has been cancelled for the year.
Residential Secure Income buys four blocks in Luton for £13m
Residential Secure Income announced the acquisition of four freehold residential buildings in Luton for a total consideration of £13m on Monday.
Alba Mineral Resources buys another 41pc of Clogau project
Diversified mineral exploration and development company Alba Mineral Resources has conditionally agreed to acquire a further 41% interest in Gold Mines of Wales, it announced on Monday.
Bank of America posts strong profit rise on cost cuts, tax gains
Bank of America’s profit rose by a third in the second quarter as the bank kept a tight grip on costs and benefited from tax cuts.
Randgold workers down tools at Tongon mine
Work at Randgold Resources' Tongon mine in Côte d'Ivoire has been interrupted as workers go on strike.
Vectura poaches Immunocore CFO Paul Fry
London-listed pharmaceuticals business Vectura Group said it had appointed Paul Fry from Immunocore to take over as chief financial officer from Andrew Derodra.
Defenx warns of shortfall by September
Smartphone security firm Defenx warned investors on Monday that the conversion of new corporate opportunities into firm orders was taking "even longer than previously anticipated".
'Challenging' year sees Integumen's losses widen as costs soar
Personal healthcare company Integumen on Monday saw its share price fall more than 15% after reporting wider losses as administrative costs skyrocketed for the full year.
Cyanconnode scores £0.78m order as Sweden targets new smart-meters
Narrowband radio mesh network provider Cyanconnode Holdings on Monday received a £0. 78m purchase order from HM Power for Swedish utility company as the country looked at a new generation of smart meters.
Town Centre Securities reports positive trading
Town Centre Securities said it ended the financial year on a positive note as the property investor and car park operator traded in line with its expectations.
Flying Brands raises £0.5m to fund launch of StoneChecker software
Flying Brands has raised £0. 5m as a result of its Monday morning share placing to fund the design and manufacture of a commercial version of a cloud-based interface for its StoneChecker software.
Deutsche Bank surprises investors with profit beat
Deutsche Bank took investors by surprise by announcing its second-quarter profit would be more than double the amount expected by analysts.
Springfield Properties expects soaring revenues to propel profits
Housebuilder Springfield Properties on Monday announced that it expected to achieve a significant increase in profits for the second half.
John Laing Infrastructure Fund shares surge following potential cash buyout
John Laing Infrastructure Fund revealed on Monday that it was in talks with a consortium of funds about a potential cash buyout offer for the firm.
Caledonia Investments FD Stephen King to step down
Caledonia Investments said on Monday that Stephen King will step down from his role as finance director after nearly 10 years and leave the company once a successor has been hired.