Company News
Aristocrat takes a punt on Playtech with £2.1bn bid
Australian gaming machine maker Aristocrat Leisure is buying European gambling software manufacturer Playtech after making a £2. 1bn cash offer, the two companies said on Monday.
THG's Moulding to give up 'golden share' after share price plunges
British online retailer THG said it was removing founder and chief executive Matthew Moulding’s "golden share" and seek a premium listing after a slump in the company’s share price last week.
Russia's Softline sets IPO price, values firm at up to $1.93bn
Russian IT company Softline on Monday set the indicative price range for its initial public offering at between $7. 50 - $10. 50 per global depositary receipt (GDR), valuing the firm at up to $1. 93bn.
Jefferies ups rating and estimates for Drax
Jefferies has upgraded its earnings estimates for Drax, arguing that the energy firm is well-placed to benefit from soaring power prices.
Ford investing £230m in UK Halewood plant to make electric vehicle parts
Ford said it was investing £230m in its UK Halewood plant to make electric vehicle parts as Britain gears up to meet a ban on petrol and diesel vehicles by 2030.
Ixico FY revenues projected to beat expectations
AI data analytics company Ixico said on Monday that full-year revenues were projected to have beat expectations despite falling shy of prior year comparatives.
Corcel acquires PNG project through Niugini Nickel acquisition
Battery metals and energy storage-focussed exploration and development company Corcel has completed a share purchase agreement with Australian-registered Resource Mining Corporation (RMI), it said on Monday, to acquire 100% of Niugini Nickel.
Pod Point looking to raise £120m in London IPO
Electric vehicle charging company Pod Point said on Monday that it plans to raise £120m with an initial public offering on the London Stock Exchange.
Access Intelligence pleased with Copyright Tribunal decision
Marketing and communications software-as-a-service (SaaS) provider Access Intelligence announced on Monday that the Australian Copyright Tribunal had delivered its decision in the proceedings brought by its recently-acquired subsidiary Isentia.
Red Rock applies for five exploration permits in Cote d'Ivoire
Gold, copper and cobalt-focussed development company Red Rock Resources has made applications for five exploration permits through its wholly-owned Côte d'Ivoire subsidiary LacGold Resources, it announced on Monday.
Schroders posts slight increase in Q3 AuM
Schroders confirmed a modest increase in its assets under management during its third quarter.
Mind Gym returns to pre-Covid revenue levels in first half
Human resources and business services company Mind Gym said on Monday that it was expecting to report revenues of £24. 1m in its first half, which would make for constant currency growth of 76% year-on-year, and of 7% above the same period two years ago, pre-pandemic.
Metals Exploration turns in solid third quarter performance
Philippines-focussed gold producer Metals Exploration sold 19,197 ounces of gold in its third quarter, it said on Monday, at an average realised price of $1,782 per ounce.
Polymetal's Nezhda mine successfully produces first gold and silver
Mining company Polymetal said on Monday that its Nezhda mine had successfully produced its first gold and silver concentrate over the weekend.
Destiny Pharma upbeat on recent study into mupirocin alternative
Clinical-stage biotechnology company Destiny Pharma said on Monday that a major US hospital-based clinical trial lent “strong support” for the potential of its ‘XF-73’ nasal product as an alternative to mupirocin in the treatment of Staphylococcus aureus infections.
ReNeuron treats first Oxford patient as part of expanded study
Cell-based therapeutics developer ReNeuron Group said on Monday that the first UK subject had been treated at the Oxford Eye Hospital as part of its phase 2a clinical evaluations for the treatment of retinitis pigmentosa (RP) - an inherited, degenerative eye disease.
Aquaculture firm Benchmark ends year ahead of market forecasts
Aquaculture biotechnology company Benchmark said in a trading update on Monday that, after positive financial results in its third quarter, it had maintained that momentum through the final three months of the financial year, delivering a “stronger-than-expected” trading performance across its three business areas.
National Grid performs in line with H1 expectations
Utilities firm National Grid said on Monday that it had continued to perform in line with expectations ahead of the release of its first-half results on 18 November.
ContourGlobal appoints new head of Investor Relations
ContourGlobal said on Monday that it has appointed Jose Cano as senior vice president of Investor Relations.
National Express given more time for Stagecoach bid
UK bus and train operator National Express has been given until November 16 to make a bid for rival Stagecoach, the two companies said on Monday.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. 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.