Company news

TRIG declares 1.6p interim dividend

The Renewables Infrastructure Group has declared a second quarterly interim dividend in respect of the three month period to 30 June of 1.60p per share. The shares will go ex-dividend on 17 August and the Q2 Dividend will be paid on 29 September to shareholders on the register as at the close of business on […]

Ecovista confirms Willow Cottages

Ecovista has confirmed that the Company has agreed to sell its fully owned subsidiary Willow Cottages Limited which owns No 2 Willow Cottage and the adjoining land near to Stansted airport for £400,000. Willow Cottage was sold at book value of £400,000. The company said it will use the proceeds of this sale to continue […]

Good Energy's Big Field planning appeal

Good Energy said it has noted the announcement that it has not been successful in its appeal for planning for the Big Field onshore wind farm in Cornwall, that was submitted for planning in 2014. Since that time Good Energy’s strategy has moved away from development to sourcing our growing renewable power needs from partners. […]

TP Group in share issue

TP Group has confirmed that shareholders passed all resolutions, in respect of the conditional fundraising of up to approximately £23.9m, at today’s General Meeting. At 2:09pm: (LON:TPG) TP Group Plc share price was 0p at 6.75p Story provided by StockMarketWire.com

CityFibre shareholders approve £200m capital raise

CityFibre Infrastructure Holdings has confirmed that shareholders have passed the relevant resolutions in connection with the proposed £200m capital raising at today’s General Meeting. At 2:06pm: (LON:CITY) Cityfibre Infrastructure Holdings Plc share price was 0p at 55.75p Story provided by StockMarketWire.com

Endesa awarded solar capacity at auction

International Endesa has been awarded 339 MW of solar power capacity in the renewable energy auction held today by the Ministry for Energy, Tourism and the Digital Agenda. Endesa said it intends to invest approximately €270m on construction of the solar capacity awarded. Once built and commissioned, the solar capacity will generate approximately 640 GWh […]

Zenyatta starts collaboration with Alliance and Univ. of Sussex

Zenyatta Ventures has confirmed the commencement of a collaboration program with Alliance Rubber Company and the University of Sussex to develop enhanced rubber products using graphene converted from the Company’s high-purity Albany graphite. Jason Risner, Director of Business Strategy at Alliance stated, “Alliance has a long history of innovation and it is vital for us […]

KAZ copper output more than doubles

KAZ Minerals’ copper production more than doubled to 118 kt (H1 2016: 56 kt). Th group said it was on track to achieve its full year guidance of 225-260 kt. It said the ramp up of new operations continued to deliver quarterly growth in copper production, Q2 2017: 66 kt (Q1 2017: 52 kt). The […]

Cherkizovo sales up in three divisions

PJSC Cherkizovo Group increased sales volumes in its poultry, pork and meat processing divisions in the first half. Poultry sales were up 1% year-on-year at 254,911 tonnes of sellable weight (1H 2016: 252,351). It said this modest uptick was due to growth in production, leading to increased output volumes. The average price during the first […]

AZ's Tagrisso meets primary endpoint in trial

A phase III FLAURA trial of AstraZeneca’s Tagrisso showed it significantly improved progression-free survival. AstraZeneca said Tagrisso met the primary endpoint, demonstrating a statistically-significant and clinically-meaningful progression-free survival benefit compared to current 1st-line standard-of-care treatment (erlotinib or gefitinib) in previously-untreated patients with locally-advanced or metastatic epidermal growth factor receptor mutation-positive (EGFRm) non-small cell lung cancer […]

AZ lung cancer drug fails to meet endpoint

AstraZeneca has reported disappointing results from a trial of its lung cancer drug, Imfinzi. AstraZeneca and MedImmune, its global biologics research and development arm, said the combination of Imfinzi and tremelimumab did not meet the primary endpoint of improving progression-free survival versus platinum-based standard-of-care chemotherapy in previously-untreated patients with metastatic (Stage IV) 1st-line non-small cell […]

Afarak concludes sale of sawmill equipment

Afarak Group has concluded the sale of all the remaining sawmill equipment acquired by the company in 2008. It said: “The latest and final sale of equipment amounting to €900,000 was concluded towards the end of 2016 and the final payment of €700,000 was received in Q2/2017. “This receivable has triggered the release of a […]

Boussard & Gavaudan NAV update

Boussard & Gavaudan Holding said the estimated net asset value of its sterling shares was £20.9366 at the close of business on 26 July. The estimated NAV of its euro shares was €23.7874. At 8:29am: (LON:BGHS) Boussard Gavaudan Holding share price was 0p at 1667.5p Story provided by StockMarketWire.com

Glencore copper output falls

Glencore’s own-sourced copper production fell to 642,900 tonnes in the first half of the year – down 9% on last time. The group said this reflected a transition to mining a greater portion of copper/zinc ores at Antamina (noting concurrent higher zinc grades/production), temporary lower copper grades at Antapaccay, the effects of wet weather at […]

AZ breast cancer drug gets EC approval

AstraZeneca’s breast cancer drug Faslodex (fulvestrant) has been approved by the European Commission. AstraZeneca said the EC had approved Faslodex for the treatment of oestrogen-receptor positive, locally-advanced or metastatic breast cancer in postmenopausal women not previously treated with endocrine therapy. It said the EU approval was based on pivotal data from the phase III FALCON […]

Disney and Koovs launch fashion collection

Koovs has launched its latest ‘Private Label’ exclusive fashion collaboration with Disney featuring Mickey and Minnie Mouse. Koovs said: “With the new Disney X KOOVS Collection, Koovs has applied its unique design-led approach, combining the iconic, retro cuteness of Disney’s original characters with Koovs fashion expertise, to create around 100 modern, cool and trendy ‘Pop […]

IWG schedules AGM

IWG will hold its annual general meeting at Dammstrasse 19, CH-6300, Zug, Switzerland, on 16 May at 11 a.m. (local time). At 8:53am: (LON:IWG) IWG Plc share price was +1.6p at 317.6p Story provided by StockMarketWire.com

Boussard & Gavaudan NAV update

Boussard & Gavaudan Holding said the estimated net asset value of its sterling shares was £20.0365 at the close of business on 11 April. The estimated NAV of its euro shares was €22.8056. At 8:43am: (LON:BGHS) Boussard Gavaudan Holding share price was 0p at 1582.5p Story provided by StockMarketWire.com

BHP Billiton warns of high cost of Elliott proposals

BHP Billiton has warned that all shareholders would lose if it replaced its dual listed company structure with a single UK incorporated company as proposed by Elliott Associates and Elliott International. The company said the board and management regularly reviewed the DLC structure and its portfolio of assets so as to optimise long-term value for […]

Comptoir scales back restaurant opening schedule

Comptoir Group’s revenues rose by 21% to £21.5m in the year to the end of December but it has decided to reduce its opening schedule for 2018 to four restaurants following lower-than-expected trading at the start of this year. Gross profit increased 21% to £15.7m and adjusted EBITDA rose by 7% to £2.7m but adjusted […]

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