Economic and Market News for 8 October 2020
-
08 Oct
10:02NAHL chair steps down with immediate effect, replacement announcedConsumer law marketing company NAHL said it has received the resignation of the non-executive chair Caroline Brown. She will step down as a non-executive director and chair of the nomination...
-
08 Oct
09:52Watchstone announces proposed disposal of Ingenie Business for £5.5mTechnology company Watchstone has announced the proposed disposal of the Ingenie Business to A-Plan Group, acting through its related companies Endsleigh Insurance Services and Trafalgar Bidco, for...
-
08 Oct
09:33Yourgene Health expands Japanese reach with 5-year reproductive health partnershipMolecular diagnostics group Yourgene Health has secured a five-year strategic partnership with a Japanese multinational for a reproductive health project. Yourgene said it has entered into a...
-
08 Oct
09:25Hummingbird Resources eyes mineral resource update at Yanfolila as drilling nears completionHummingbird Resources said it planned to carry out a mineral resource update at its Yanfolila operations, located in southern Mali, as drilling at the site neared completion. The results had been...
-
08 Oct
09:20Chaarat Gold projects in Kyrgyz Republic not materially impacted amid political disruptionsGold mining company Chaarat Gold said its projects in the Kyrgyz Republic had not been materially impacted following the recent political disruptions. At 9:20am: (LON:CGH) Chaarat Gold...
-
08 Oct
09:14Hurricane production falls in Q3 on disruptions, but maintains annual guidanceOil and gas company Hurricane Energy kept its annual production guidance even as it reported lower quarterly production in the third-quarter amid planned maintenance and a well shut-in from early...
-
08 Oct
09:13Osirium Technologies secures new contract with UK retailerCyber security company Osirium Technologies has announced a contract win with a major UK high street retailer, which it secured in a competitive bid against four other privileged access management...
-
08 Oct
09:04Silence Therapeutics initiates search for CFO based in US after Nasdaq listingRNA therapeutics developer Silence Therapeutics has commenced a search for a US-based chief financial officer following its Nasdaq listing in September this year and ahead of the departure of the...
-
08 Oct
08:50TalkTalk Telecom receives preliminary takeover bid from Toscafund Asset ManagementBroadband retailer TalkTalk Telecom has received a preliminary and non-binding proposal from Toscafund Asset Management (TAM) on behalf of funds advised by TAM regarding a possible cash offer of...
-
08 Oct
08:40Asiamet Resources signs non-binding agreement to sell Indokal Limited for $163.4 millionMiner Asiamet Resources said it had entered into a non-binding heads of agreement to sell its wholly-owned subsidiary Indokal Limited to Indonesian-based PT Wasesa Indo Nusa for $163.4 million....
-
08 Oct
08:13Electrocomponents sales fall in H1 on virus impactElectronics products maker Electrocomponents reported a 7% fall like-for-like revenue in the first half of the year, owing to the pandemic hit to emerging market sales. Emerging markets revenue...
-
08 Oct
08:05Imperial Brands sees weaker annual earnings, but revenue flat on increased demandImperial Brands said it expected full-year earnings to fall, and revenue to be broadly flat on last year, though 'slightly ahead' of guidance provided in the first half of the year. The company...
-
08 Oct
07:49XP Power announces Pauline Lafferty will chair remuneration committee from December 2020Power control systems supplier XP Power has announced a change of remuneration committee chair. Non-executive director Pauline Lafferty will take on the role of chair of the remuneration...
-
08 Oct
07:20GVC lifts guidance on stronger Q3 online revenue growth; to acquire Bet.ptGambling group GVC lifted its guidance after third-quarter revenue was boosted by stronger online growth. The company also agreed to acquire Bet.pt in Portugal to extend its business across...
-
08 Oct
07:16Smith & Nephew prices USD bond issue due in 2030Medical technology group Smith & Nephew has priced a US dollar bond issue, with the proceeds to be used for 'general corporate purposes'. The company announced it has priced an offering of USD...
-
08 Oct
07:09Rentokil Initial confirms €800m 8-year bond issue at lowest ever couponPest control group Rentokil Initial has announced the issue of a €800 million eight-year bond, priced at 0.50%, which is its lowest ever coupon. The company said the issue will refinance the €350...