COMPANY NEWS
19 Jan
Small cap round up

Digital media firm RhythmOne has bought Perk, a Canada-based mobile-first rewards and engagement platform, for $42. 5m in order to strengthen its scale. The AIM-listed company announced that it closed the deal on Thursday, after it agreed to buy Perk’s issued outstanding common and class A shares and certain employee options.

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19 Jan
Immunodiagnostic Systems Holdings appoints new CEO
doctors, medical, hospital, health, Glaxosmithkline

Immunodiagnostic Systems Holdings (IDS), an AIM listed specialist producer of manual and automated diagnostic testing kits and instruments for the clinical market, has announced that its chief executive Patricio Lacalle will step down for personal reasons from 31 March 2017.

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19 Jan
Airline bosses report sky high operating costs but remain optimistic for 2017
avion-decollage-pollution-aerienne-trafic-aerien-air-china-beijing-airport-aeroport-de-pekin-dec-2009-iata-avion-cargo-commerce-international

The International Air Transport Association has released research suggesting a challenging environment for airlines, including lower passenger yields and an increase in operating costs.

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19 Jan
Amedeo Resources acquires small stake in Iranian mining firm
Copper

Amedeo Resources announced on Thursday that it has acquired a 2. 5% stake in Ganjine Kani Company for $0. 5m, a copper mining company close to the city of Mashhad in Iran.

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19 Jan
Shanta Gold achieves records at New Luika in 2016
Gold bars, coins, mining, metals

East Africa-focused gold producer, developer and explorer Shanta Gold announced its production and operational results for the quarter ended 31 December on Thursday, for its New Luika Gold Mine in southwest Tanzania.

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19 Jan
Xeros expands market and washing machine installations
libra 630 inglaterra uk pound

Developer and provider of patented polymer based systems, Xeros Technology Group provided a strategic and trading update on Thursday, before it publishes its results for 17 months ending 31 December during April.

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19 Jan
Actual Experience revenue up marginally as it refocuses sales efforts
pound, sterling, pounds

Analytics-as-a-service company Actual Experience announced its preliminary results for the year to 30 September on Thursday, highlighting the signing of a third multi-year framework agreement with Vodafone during the period.

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19 Jan
Fitbug expected to reduce loss as it continues turnaround
money pound cash

Corporate digital wellness technology provider Fitbug Holdings issued a trading update for the year to 31 December on Thursday, saying revenue for the year is expected to be slightly behind that for the corresponding period last year.

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19 Jan
Union Pacific beats estimates for fourth quarter
New York Stock Exchange, markets, traders, USA, stocks, shares. Photo: MarineCorps New York

Railroad firm Union Pacific Corporation reported its fourth quarter results on Thursday before markets opened, beating analysts' estimates and sending its share price up 5% in early trading.

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19 Jan
RBS might book charge for US RMBS litigation in Q4, report says
RBS Royal bank of Scotland

State-owned RBS might book a charge for expected litigation charges stemming from the US Department of Justice´s probe into its role in that country´s sub-prime mortgage meltdown which ensued during the last financial crisis as soon as in its fourth quarter eanings statements.

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19 Jan
Friday preview: UK retail sales data, China GDP
shopping, retail, high street

UK retail sales data will be under the microscope on Friday amid worries that an increase inflation and Brexit uncertainty will deter shoppers.

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19 Jan
Matomy Media group appoints founder of Viola group as chairman
meeting, takeover, talks, bid, merger, acquisition, directors

Media company Matomy Media group has appointed Harel Beit-On to succeed Rupert Howell as Chairman on 17 January 2017.

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19 Jan
N Brown sales sashay higher in third quarter
n brown clothing simplybe retail

N Brown made strides over the festive period, with revenue growth accelerating at the specialist-fit clothing retailer in its third quarter.

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19 Jan
CSX Corp. rockets on reports activist investors targeting railroad operator
Rio Tinto train in the Pilbara region of Western Australia; mining

Shares in CSX Corp. rocketed following reports that rival railroad operator´s Canadian Pacific´s ex boss would team up with an activist investor to shake-up the company.

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19 Jan
Collagen Solutions assembles scientific advisory board
Astrazeneca

Developer and manufacturer of medical grade collagen components, Collagen Solutions, announced the creation of a new scientific advisory board on Thursday, that will advise the company on opportunities in regenerative medicine.

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19 Jan
Aviva's Europe boss McMillan leaves as Briggs promoted to UK insurance chief
aviva

Aviva's European boss David McMillan has stepped down as the insurer reshuffled various director roles, with life chief Andy Briggs promoted to chief executive of a merged UK insurance business.

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19 Jan
Royal Mail revenues flat as Christmas parcels offset letter decline
royal mail, post

Dwindling volumes of letters to Father Christmas and other festive missives saw Royal Mail deliver flat revenues for the nine months to 25 December, with increased "business uncertainty" hitting volumes particularly in advertising and business mailings.

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19 Jan
EU Supply's revenue to be ahead of expectations after contract wins
handshake

Sweden-based e-commerce firm EU Supply anticipates that revenue will be ahead of expectations after contract wins, including one with the Vest-Agder County Council in Norway, and due to recent currency exchange movements.

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19 Jan
St Ives still struggles with market activation division
libra, esterlina, divisa, moneda, reino unido pound currency

International marketing services group St Ives provided a pre-close trading update on Thursday, ahead of the announcement of its results for the half year to 27 January, which will be released on 7 March.

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19 Jan
Sound Energy to buy hydrocarbon assets in eastern Morocco
morocco desert sunset stunning sahara sand dune

Gas firm Sound Energy is to buy Oil & Gas Investment Fund’s (OGIF) hydrocarbon assets in eastern Morocco in exchange for 272m shares in the company, subject to shareholder approval.

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