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Wednesday 04 November, 2015

04-Nov-2015 08:39 AM

Cyan wins European metering award

Cyan, the integrated system and software design company delivering mesh based flexible wireless solutions for utility metering and lighting control, has won the Smart Metering, ICT & Data Management Award at the European Utility Week 2015 Awards for its
04-Nov-2015 08:35 AM

Boussard & Gavaudan NAV update

Boussard & Gavaudan says the estimated net asset value of its sterling shares was £17.1764 at the close of business on 3 November. The estimated NAV of its euro shares was �?¬19.5008. At 8:35am: (LON:BGHS) Boussard Gavaudan Holding share price was
04-Nov-2015 08:29 AM

Aggreko schedules update

Aggreko will issue a trading update on 9 November. At 8:29am: (LON:AGK) Aggreko PLC share price was +18.25p at 964.25p Story provided by
04-Nov-2015 08:25 AM

Irish Continental schedules update

Irish Continental Group will issue an interim management statement on 12 November. At 8:25am: (LON:ICGC) Irish Continental Group PLC share price was +0.01p at 4.82p Story provided by
04-Nov-2015 08:11 AM

M&S' H1 pretax profit tumbles

Marks & Spencer's H1 pretax profit has tumbled to GBP216.0m, from GBP279.4m previously. Revenue was GBP4.95bn, from GBP4.9bn. It hiked its interim dividend to 6.8p a share, up 6.3% on the year. Looking ahead, M&S said despite some improvement in con
04-Nov-2015 08:11 AM

HSBC resilient despite Asia weakness, says Fitch

HSBC Holdings' reported pre-tax profit of US$6.1bn in third quarter was overall sound, in Fitch Ratings' view, despite being supported by a non-recurring US$1.1bn fair-value gain on own debt. Adjusted for this and other non-recurring items, pr
04-Nov-2015 08:10 AM

Avingtrans unit wins $2m contract

Maloney Metalcraft - part of Avingtrans plc's energy and medical division - has won a $2 million contract with JGC Gulf International Co. Ltd. to supply gas treatment packages. The Saudi Arabian Oil Company (Saudi Aramco) is developing infrastructu
04-Nov-2015 08:03 AM

Netafim and Amiad ink distribution agreement

Netafim, the global leader in smart irrigation solutions for sustainable productivity, has signed an exclusive distribution agreement with Amiad Water Systems Ltd, a leading global producer of water treatment and filtration solutions. Under the terms of
04-Nov-2015 08:01 AM

Nighthawk update on borrowing base and hedging

Nighthawk Energy closed the quarterly borrowing base redetermination with Commonwealth Bank of Australia on 2 November based on reserves at 30 September. The redetermined borrowing base reflects the significant price drop seen by the market in the July-
04-Nov-2015 07:53 AM

Gresham House to acquire Aitchesse

Gresham House's wholly owned subsidiary, Gresham House Holdings Limited, has agreed to acquire Aitchesse, one of the leading managers of UK commercial forestry, for a maximum consideration of £7.7m. Gresham House says the acquisition is a signifi
04-Nov-2015 07:50 AM

Clinigen MA programme with United Therapeutics

Clinigen Group's Idis Managed Access division and United Therapeutics Corporation, a biotechnology company focused on the development and commercialisation of products for chronic and life-threatening conditions, have initiated a managed access progr
04-Nov-2015 07:48 AM

ImmuPharma update on Lupuzor trial

ImmuPharma says a number of important operational and regulatory milestones have now been reached in order to allow the recruitment of the first patients into the phase III clinical trial of Lupuzor this year. It says recruitment is anticipated to occur
04-Nov-2015 07:48 AM

Smurfit Kappa improves year-to-date pretax profit

Smurfit Kappa has hiked its year-to-date pretax income to 408m euros, from 321m euros previously. Revenue was 6.02bn euros, from 5.98bn euros. Q3 pretax income was 165m euros, from 93m euros. Third Quarter & First Nine Months Key Points: - Year to date
04-Nov-2015 07:46 AM

Fever-Tree ahead of forecasts

Fever-Tree, the world's leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value, says it has continued to perform strongly in the second half. Both UK and international sales have been encouraging, driven by dist
04-Nov-2015 07:45 AM

Old Mutual makes good start to year

Old Mutual said the three months to end-September has been a very good quarter for the group. "Old Mutual Wealth had record quarterly sales of GBP5.5bn as it benefited from its integrated strategy of owning distribution, an investment platform, dis
04-Nov-2015 07:44 AM

Allergy Therapeutics to present at World Vaccine Congress

Allergy Therapeutics will be presenting data relating to the use of its patented adjuvant technology in novel therapeutic vaccine applications at the World Vaccine Congress in Madrid, 9-11 November 2015. Dr. Matthew Heath, Lead Medical Writer and Princi
04-Nov-2015 07:44 AM

GCP investment commitment in social housing

GCP Infrastructure Investments has announced the completion of a transaction subscribing for a loan note with an expected term of c.35 years and an initial value of up to £25.5m when fully drawn. The company has advanced c. £1.4m at completion and the
04-Nov-2015 07:43 AM

Densitron shareholders approve takeover

Densitron Technologies' recommended takeover by Quixant through a scheme of arrangement was approved by shareholders at court and general meetings yesterday. Story provided by
04-Nov-2015 07:43 AM

Glencore progress on moves to cut net debt

Glencore reports significant progress on the delivery of measures to reduce net debt to the low $20s-bn by the end of 2016 and reiterates its 2015 full year marketing adjusted EBIT guidance of $2.5bn to $2.6bn. The group said it had: * $2.5bn raised fr
04-Nov-2015 07:40 AM

Quarto Group on track to meet FY expectations

The Quarto Group said that on the basis of current levels of trading and its order book, the company is on track to meet management expectations for the FY and deliver both debt reduction and earnings growth. Revenue for the quarter to 30 September 2015
04-Nov-2015 07:36 AM

Vp PLC acquires Test & Measurement Group Ltd

Vp Plc confirms the acquisition of the entire issued share capital of Test & Measurement Group Ltd for GBP3.95m. Test & Measurement would operate within Vp's specialist safety, survey and communications equipment rental business, ESS Safeforce, part
04-Nov-2015 07:35 AM

Clipper on course

Clipper Logistics - a leading provider of value-added logistics solutions and e-fulfilment to the retail sector - says trading for the first half of the year was in line with the board's expectations, with growth in revenue, operating profit and net
04-Nov-2015 07:34 AM

SAV begins drilling high-priority targets, Oman

Savannah Resources advises drilling has commenced of selected new VTEM targets and historical copper results around the Aarja Prospect in the Block 4 permit area (Figure 1-5). Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC,
04-Nov-2015 07:33 AM

Countrywide continues to perform well

Integrated property services group Countrywide continues to perform well across its diversified portfolio despite the impact on its estate agency business of lower levels of housing transactions than in 2014, a trading update says. The group says it rema
04-Nov-2015 07:31 AM

Globo COO resigns

Globo chief operating officer Gerasimos Bonanos has resigned with immediate effect. Story provided by

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