Company News
SpaceX rocket explodes at test firing in Florida
An explosion at a test-firing of a SpaceX Falcon 9 rocket has destroyed the craft and a communications satellite it had been due to take into space.
Norman Broadbent to raise £2.3m on AIM share placing
Executive recruitment firm Norman Broadbent is to raise about £2. 3m through a conditional share placing on AIM to invest in the company and repay loans.
Small cap news round-up
Andalas Energy and Power announced on Thursday that it has signed an agreement with PT Pertamina to establish a joint working and steering committee with the objective to fast-track commercialisation of marginal gas fields within Pertamina’s acreage in Indonesia.
Andalas teams up with Indonesian national energy company
Andalas Energy and Power announced on Thursday that it has signed an agreemen with PT Pertamina to establish a joint working and steering committee with the objective to fast-track commercialisation of marginal gas fields within Pertamina’s acreage in Indonesia.
Morses Club trading in line with expectations since AIM listing
Credit lender Morses Club said since listing on AIM in May the company is trading in line with expectations.
Avesco's full year results to be ahead of expectations due to Olympics
Shares in corporate presentation, entertainment and broadcast service provider Avesco soared 15% on Thursday as it reported full year results will be well ahead of market expectations.
Joy Global sees subdued mining investment in 2017
Joy Global shares drifted lower after it posted its fiscal third quarter results, falling short of analysts´ estimates on a combination of challenging conditions in emerging economies and marginal growth in developed ones.
South Africa's Famous Brands gobbles up Gourmet Burger Kitchen
South Africa’s Famous Brands, the owner of Wimpy, has agreed to buy Gourmet Burger Kitchen in a £120m deal.
Merlin Entertainment shares dip on new Alton Towers ride scare
Shares in Merlin Entertainments dropped sharply on Thursday afternoon as reports of a Smiler roller coaster scare at its Alton Towers theme park, which only recently reopened after a crash that left five customers seriously injured.
Friday preview: All eyes on US non-farm payrolls report
The US non-farm payrolls report will hog the spotlight on Friday as the Federal Reserve’s next interest rate decision looms.
Horizon Discovery signs development agreement with Ventanta
Gene editing technologies company Horizon Discovery Group announced on Thursday that it has entered into a co-development and commercialisation agreement with Ventana Medical Systems, a member of the Roche Group.
Kibo Mining turns Sanderson debt into equity
Tanzania-focused mineral exploration and development company Kibo Mining announced on Thursday that it has re-negotiated terms for the payback of a £1. 5m loan facility provided by Sanderson Capital Partners in March.
Government throws £20m at Go-Ahead's Southern problem
Westminster sent in a so-called ‘hit squad’ to deal with the struggling Southern Railway franchise on Thursday, as passengers continued to face severe disruption on the ailing operation.
Campbell Soup drops in pre-market trade as Q4 disappoints
Campbell Soup shares slid ahead of the open after the producer of canned soup’s fourth-quarter results disappointed.
ProPhotonix to show off full LED curing range
LED illumination systems and laser diode modules designer and manufacturer ProPhotonix announced on Thursday that it will be exhibiting its range of UV LED curing systems at Label Expo Americas in the middle of September.
Stratex appoints Marcus Engelbrecht as CEO
Gold and base metals exploration and development company Stratex International announced on Thursday the appointment of Marcus Engelbrecht to the board and as chief executive officer, replacing current CEO and founder director Dr Bob Foster, who is retiring after more than 10 years.
Redde close to recapturing five year high on positive outlook
Redde shares resumed their climb towards five-and-a-half-year highs after the accident management support services group posted strong final results and said it remains confident about the outlook for the next financial year.
Jaywing to buy Bloom Media for £2.41m after AIM share placing
Data science marketing agency Jaywing is to buy Bloom Media for £2. 41m after a share placing on AIM, the London Stock Exchange's junior market.
US airlines get Cuba green light after historic flight
Eight commercial airlines in the United States have been given the go-ahead to fly to the Cuban capital of Havana, as the first passenger flight between the two nations in 55 years landed on Wednesday.
Herencia Resources begins 'reinvigoration' of board
Herencia Resources confirmed on Thursday that it has commenced a process of restructuring, which will involve the appointment of two new Directors over the next week to oversee Herencia's reestablishment as “a viable junior exploration and development company”.