News And Announcements
Artificial intelligence-enabled kidney disease diagnostics developer Renalytix AI announced the start of its clinical validation study for its lead diagnostic, ‘KidneyIntelX’, on Wednesday.
Rotala updated the market on its trading for the year ended 30 November on Wednesday, reporting that the 2018 financial year was in line with market expectations.
Burberry sales disappointed slightly over the festive quarter but the fashion house maintained that it was successfully building "brand heat" ahead of the launch next month of its new creative director's debut collection.
Botswana Diamonds announced on Wednesday that it has undertaken a placing with existing and new investors to raise £0. 37m via the issue of 67,272,727 new ordinary shares at a price of 0. 55p each.
Cloud-based portfolio analysis and asset pricing service provider StatPro Group updated the market on its trading for the year ended 31 December on Wednesday, reporting that group revenue was expected to be about £54. 7m, up from £49. 3m year-on-year.
The ten blue-chip stocks most regularly backed by analysts with ‘buy’ recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.
United Technologies shrugged off concerns about the strength of the dollar to forecast solid profit growth for 2019 as it posted above-estimate fourth-quarter numbers.
Analysts said Ocado's explanation of new accounting rules will make earnings appear "ugly" but that cash flows will not be affected.
Investment platform AJ Bell reported a respectable start to trading as a listed company, with 4% growth in customer numbers and positive net flows.
After at least four months of talks, RPC Group has finally received a take-private offer from US private equity group Apollo, valuing the plastics manufacturer at £3. 3m.
Shares in security services firm G4S were under pressure on Wednesday after it said late the previous day that it has agreed to pay up to $130m to settle a class action in the US.
Spanish bank Santander said it was cutting around 140 branches which would put 1,270 jobs at risk.
Shares in IBM jumped in pre-market trading on Wednesday after the US firm beat quarterly earnings estimates.
Patisserie Holdings has called in the administrators after directors failed to get support from the cafe chain's lenders.
Wealth manager Brewin Dolphin reported a drop in total first-quarter funds on Wednesday as markets fell and client activity slowed.
Education-focussed virtual reality technology company VR Education updated the market on its trading for the year ended 31 December on Wednesday, reporting that revenue was expected to be around €0. 7m following the release of the ‘Titanic VR’ title on the Sony PlayStation platform on 22 November.
Hotel Chocolat hailed a solid performance over the festive period on Wednesday as it benefited from the opening of new stores.
Eight Peaks Group has acquired a 25% stake in a software development, integration and distribution company that operates in the cybersecurity space - SOARX - for £0. 13m in cash, it announced on Wednesday.
Metro Bank shares were falling through the floor in early trading on Wednesday, after the company reported underlying profit before tax of £50m for 2018 in a trading update.
Young & Co. ’s Brewery announced the acquisition of Redcomb Pubs - a company that owns and operates 15 pubs in “prime” locations - for £34m on a cash-free and debt-free basis on Wednesday.