Company News
WANdisco inks OEM agreement with Dell subsidiary
British 'big data' technology company WANdisco has entered a non-exclusive original equipment manufacturer (OEM) sales agreement with a cloud service and software firm Virtustream, a division of Dell Technologies, that would see the AIM-listed group embed its Fusion product into Virtuestream's hybrid cloud as a replication solution.
Horizonte Minerals receives Brazilian government approval for Araguaia project
South American focussed nickel development company Horizonte Minerals announced on Tuesday that it had received formal approval from Brazil's National Mining Agency (ANM) for its Araguaia project south of the Carajas.
CentralNic sells several 'premium' domain names
London-based software firm CentralNic Group announced on Tuesday that it had entered into an agreement to sell a number of its "premium" domain names.
ProPhotonix launches partnership with Integrated Optics
Designer and manufacturer of LED illumination systems and laser diode modules, ProPhotonix, announced a new partnership with Integrated Optics on Monday, for ProPhotonix to distribute Integrated Optics’ range of innovative laser modules.
Beximco begins exporting Betapace generic to the US
Generic pharmaceutical product and active pharmaceutical ingredient manufacturer Beximco Pharmaceuticals has commenced the export of sotalol hydrochloride in strengths of 80 mg, 120 mg and 160 mg - a generic version of the cardiovascular drug Betapace - to the US, it announced on Tuesday.
Dalata to build Clayton Hotel in Glasgow
AIM-listed Dalata Hotel Group has signed an agreement to lease a new Clayton Hotel to be built in Glasgow, with Artisan St. Enoch Quarter Limited, a subsidiary of Artisan Real Estate Investors Limited.
Nasstar secures 'significant' contract win
AIM-listed Nasstar has secured a three-year contract to deliver a fully managed public/private Hybrid cloud solution to a global workforce of 1,000 users, which is expected to generate at least £2. 1m of revenues.
Ideagen sees H1 revenue and adjusted earnings 'significantly ahead'
Ideagen said on Tuesday that it expects first-half revenue and adjusted earnings to be “significantly” ahead of the same period a year ago following strong trading.
Across the board revenue increases for Convivality
Wholesale alcohol and impulse products distributor Convivality pushed its unaudited revenue 9. 2% ahead of the same time a year earlier thanks to an increase in sales across all of the group's business units.
Retail sales slump to worst month in six years - BRC
UK retailers endured a "meagre month" of sales in October, with non-food retailers having the worst sales for at least six years and trading expected to remain muted over the crucial Christmas period.
Imperial Brands again lifts dividend 10% after currency boost
Tobacco volumes fell less than expected at Imperial Brands this year and the cigarette maker once again lifted its annual dividend 10% as currency tailwinds were not enough to puff earnings above consensus forecasts.
Oxford BioDynamics enters collaboration agreement on fibrosis research
British biotechnology firm Oxford BioDynamics has entered into an initial collaboration with an unnamed US biopharmaceutical company in order to advance both the discovery and development of treatments for abnormal wound healing responses that lead to fibrosis, a pathological feature of most chronic inflammatory diseases.
Direct Line premiums remain strong, warns impairment may increase
Direct Line issued a mixed update for the first nine months of the year, in which it warned that the impairment charge in 2017 could exceed that incurred last year.
Tyman sees FY underlying pre-tax profit below analysts' expectations
AIM-listed Tyman said on Tuesday that underlying pre-tax profit for the full year is now expected to be slightly below the current range of analyst expectations, mostly due to increased input costs and the previously reported temporary operational issues in the North American AmesburyTruth division.
AB Foods beats earnings forecasts, "expects progress" for 2018
Associated British Foods reported full-year better earnings than the market forecast after a "highly successful" year, with further progress expected in the coming 12 months, though investors felt slightly let down by the dividend.
Jardine Lloyd Thompson confident on outlook despite headwinds
Insurance, reinsurance and employee benefits-related advice provider Jardine Lloyd Thompson issued an interim management statement for the period from 1 July to 6 November on Tuesday, reporting that it remained “pleased” with trading in the risk and insurance businesses, despite ongoing challenges and uncertainties in the economic, market, and political environments.
Vodafone unveils big push into Internet of Things
Vodafone entered the ‘Internet of Things’ (IoT) consumer market on Tuesday with the launch of its ‘V by Vodafone’ brand, enabling consumers to connect “millions” of home and leisure electronics products to the group's dedicated global IoT network.
Unite Students gets planning permission for Manchester city centre site
Unite Students has been given planning permission to build a 573-bed property in Manchester city centre.
DCC enters US LPG market with Retail West acquisition
International sales, marketing and support services group DCC announced on Tuesday that its DCC LPG division has reached agreement with NGL Energy Partners to acquire its ‘Retail West’ LPG division, Hicksgas, based on an enterprise value of $200m (£152m).