Economic and Market News for 9 January 2018

  • 09 Jan
    Matomy Media appoints new CEO

    Matomy Media Group has appointed Liam Galin as its new chief executive, succeeding Sagi Niri. Galin was previously CEO of Flash Networks, a provider of optimization, monetization and security...

  • 09 Jan
    Ten Lifestyle chief product officer resigns

    Ten Lifestyle Group said chief product officer Craig Le Grice was leaving the company to pursue his own business interests. He was being replaced by current product director Sally Crimes, the...

  • 09 Jan
    Mayan Energy commences Texas drilling

    Mayan Energy said a rig had arrived at the Forrest Hill oil field in Texas and stared drilling eight new wells. All of the wells are expected to be brought on stream during January and February,...

  • 09 Jan
    Oncimmune appoints new director

    Oncimmune Holdings has appointed Annalisa Jenkins as a new non-executive director. Jenkins was previously chief executive of Dimension Therapeutics, a gene therapy company focused on developing...

  • 09 Jan
    Xeros Technology launches new washing machine

    Xeros Technology Group has launched a domestic washing machine incorporating three new technologies at the Consumer Electronics Show in Las Vegas. The technology represented "a breakthrough in...

  • 09 Jan
    Purplebricks appoints UK head

    Purplebricks has appointed Lee Wainwright as chief executive of its UK operations. Wainwright had served as the group's chief operating officer since March 15. Story provided by

  • 09 Jan
    TP Group wins defence contract

    TP Group has been awarded contract worth around £0.9m by a defence group to overhaul an atmosphere management system already fitted to an operational submarine. This contract is expected to be...

  • 09 Jan
    Randall & Quilter appoints new director

    Randall & Quilter Investment Holdings has appointed Mark Andrew Langridge, the head of its insurance investments division, as an executive director of the company. At 9:42am: (LON:RQIH)...

  • 09 Jan
    Midatech study approved in Poland

    Midatech said it has received has oral confirmation from Polish regulators that the first in-human study of its sustained release product for treating carcinoid cancer has been approved. Formal...

  • 09 Jan
    Ediston declares interim dividend

    Ediston Property Investment Co has declared an interim dividend (property income distribution) of 0.4583p for the period from 1-31 Dec. The dividend will be paid on 31 Jan to shareholders of...

  • 09 Jan
    Jubilee raises £4.5m

    Jubilee Metals Group has raised £4.5m through a placing with the Miton Group and international wealth group arranged through Veddis. The institutional funding follows a collaborative effort...

  • 09 Jan
    Tasty sells poorly performing sites; CFO resigns

    Tasty said it had disposed of four under-performing sites and undertaken a sale-and-leaseback of another. Proceeds from the transactions totaled £2m and two further sites were expected to be...

  • 09 Jan
    Carillion notes share price rise

    Carillion has noted the recent rise in the group's share price and said it was not aware of any material developments that supported this increase. It said further updates on discussions with the...

  • 09 Jan
    Edinburgh Dragon Trust buys back shares

    Edinburgh Dragon Trust bought back 102,000 ordinary shares yesterday at 386.7549p apiece to be held in treasury. At 9:12am: (LON:EFM) Edinburgh Dragon Trust Plc share price was -2p at 386p...

  • 09 Jan
    Kingfisher buys back shares

    Kingfisher bought back 606,682 ordinary shares yesterday at an average price of 338.1510p apiece for cancellation. At 8:53am: (LON:KGF) Kingfisher PLC share price was +2.9p at 340.3p Story...

  • 09 Jan
    Man Group buys back shares

    Man Group bought back 98,997 ordinary shares yesterday for cancellation at a weighted average price of 212.4108p apiece under its US$100m repurchase programme. At 8:49am: (LON:EMG) Man Group PLC...

  • 09 Jan
    Diageo buys back shares

    Diageo bought back 360,857 ordinary shares yesterday at the volume weighted average price of 2,668.90p apiece for cancellation. At 8:41am: (LON:DGE) Diageo PLC share price was +5.75p at 2673.25p...

  • 09 Jan
    Carnival plc confirms voting rights

    Carnival plc has confirmed it had 217,238,144 issued ordinary shares at 31 Dec including 7,344,510 in treasury. The company said the voting number of voting rights was 183,877,040 as 24,901,144...

  • 09 Jan
    Weatherly boosts copper output

    Weatherly International said fourth-quarter production from the Tschudi copper project in Namibia rose to a record. The project produced 4,739 tonnes of copper cathode, or 11.5% above nameplate....

  • 09 Jan
    Ortac Resources to review Casa Mining data

    Ortac Resources said it had gleaned further positive gold assay results from Akyanga license area following the completion of its acquisition of Casa Mining. The company said it was also...

  • 09 Jan
    1Spatial wins software supply contract

    1Spatial has agreed to provide its software solutions as part of a state-wide Spatial Data Infrastructure project to the State of Michigan Department of Technology. It will supply its software...

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