Company News
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£35bn of crisis debt threatens 3m jobs, City report says

As many as 3m British jobs and 780,000 businesses are at risk unless support is provided for borrowers of £35bn of unsustainable debt built up during the Covid-19 crisis, the UK's financial industry warned.

15 Jul
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Motorpoint director makes share purchase

Motorpoint revealed on Wednesday that non-executive director Keith Mansfield had acquired 20,576 ordinary shares in the London-listed automotive retailer.

15 Jul
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China Nonferrous Gold agrees loan extensions

Tajikistan-focussed mineral exploration and mining company China Nonferrous Gold has extended the repayment period for loans in place with CNMC Trade Company, it announced on Wednesday, totalling $146. 5m (£115. 94m).

15 Jul
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Grafenia launches perpetual bond facility, issues £3m

Grafenia announced on Wednesday that it has put in place a facility to issue up to £50m of perpetual bonds, and issued £3m of the bonds to investors, raising about £2. 01m before expenses.

15 Jul
edgar test 10
Cambridge Cognition joins Covid healthcare worker investigation

Cambridge Cognition is collaborating with 4YouandMe and the Center for International Emergency Medical Services (CIEMS), it announced on Wednesday, to investigate the use of wearables and mobile phones to measure stress recovery in front line healthcare workers caring for Covid-19 positive patients in the United States.

15 Jul
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Thursday preview: Oxford University, Vistry Group in focus

Investors will be holding on the edge of their seats throughout Thursday ahead of the possible release of preliminary trial data into Oxford University's Covid-19 vaccine candidate in the The Lancet.

15 Jul
pharma, biotech, drugs, lab, gsk, glaxo, trials,  clinical
Allergy Therapeutics revenues grow despite Covid-19 disruption

Biotechnology company Allergy Therapeutics reported a "strong" full-year performance on Wednesday despite challenges stemming from the Covid-19 pandemic.

15 Jul
1574429627 marketing comercio exterior online
Mission Marketing adapts 'well' to Covid-19 impacts

Media company Mission Group said on Wednesday that while the Covid-19 pandemic had led to a "material impact" on demand, it had "adapted well" to the reality of the outbreak and its effect on trading.

15 Jul
dollar
Kodal secures another $1.5m funding for development projects

Lithium-focussed exploration and development company Kodal Minerals has secured sufficient funding resources to accelerate the next phases of its development projects, and to evaluate new opportunities, via a $1. 5m (£1. 19m) unsecured convertible loan agreement with Riverfort Global Opportunities and YA II.

15 Jul
1586943544 photo of person typing on computer keyboard 735911
SEC Newgate launches 'TRUE' AI platform in Italy

Communications and research company SEC Newgate announced the launch of the artificial intelligence (AI)-powered ‘TRUE’ platform on Wednesday, which would run “extensive and new-to-market” semantic and reputation assessments.

15 Jul
coins currency investment insurance business finance company
MaxCyte revenues grow further despite Covid crisis

Clinical-stage cell-based therapies company MaxCyte updated the market on its trading for the six months ended 30 June on Wednesday, saying first half revenues were expected to increase about 30% year-on-year to $10. 9m (£8. 63m).

15 Jul
goldman sachs oficina portada
Goldman Sachs' Q2 beats forecasts on fixed-income boom

Goldman Sachs's second-quarter profit beat Wall Street expectations as the investment bank recorded its second-best revenue haul fuelled by a fixed-income trading boom.

15 Jul
Dixons Carphone, electrical retail
Dixons Carphone profits slump following Covid store closures

Dixons Carphone posted a slump in full-year profits on Wednesday, pinning the blame on weakness in the mobile division and store closures due to the coronavirus pandemic.

15 Jul
edgar test 10
Portmeirion reports fall in sales as markets begin to recover

Homewares designer and manufacturer Portmeirion Group reported an 8% slide in sales in its first half on Wednesday, to £32m, with its like-for-like sales excluding the Nambé acquisition down 20%.

15 Jul
cboro gold1 short1
Covid restrictions affecting productivity for Anglo Asian Mining

Azerbaijan-focussed gold, silver and copper producer Anglo Asian Mining reported a $3. 2m (£2. 53m) increase in cash in its second quarter on Wednesday, to $29. 2m.

15 Jul
private jets, aircraft, air travel, transport
Air Partner returning to more normal levels of trading

Aviation services group Air Partner said on Wednesday that it was now returning to more normal levels of trading, after a period of increased demand at the height of the Covid-19 coronavirus pandemic.

15 Jul
coins currency investment insurance business finance company
AFC Energy agrees partnership with Extreme E racing series

Hydrogen power technology company AFC Energy confirmed a collaboration with Extreme E on Wednesday, to supply zero emission, hydrogen-fuelled off-grid power to the latter’s inaugural electric sports utility vehicle (SUV) racing series, beginning in early 2021.

15 Jul
astrazeneca12
AstraZeneca Covid-19 vaccine shows promise - report

A Covid-19 vaccine backed by AstraZeneca is producing positive results in initial trials, according to a report.

15 Jul
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Arcontech trades in line, expects to pay dividend

Data processing products provider Arcontech said on Wednesday that full-year profits were expected to be in line with market expectations and added that it was looking to make good on its dividend policy despite the Covid-19 pandemic.

15 Jul
property, housing, real estate, house prices
Real Estate Investors collects 90% of rents in Q1

Midlands-focused real estate investment trust Real Estate Investors said on Wednesday that rent collection for the three months ended 30 June had risen to 90. 16%.

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Important Legal Notice about News Sources

 

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.