Josh White
Hammerson refinances debt on large Dublin shopping centre
The FTSE 250 company said the loan, with its share at €175m, has a maturity of up to seven years and was arranged with lenders Rothesay, BNP Paribas, and Deka.It said the refinancing strategy also involved a €220m contribution from joint venture partners...
2 months ago
Asia report: Most markets rise after surprise RBNZ rate cut
Investors also digested news that Japan’s prime minister was stepping down, alongside a rise in producer prices in the US overnight.“Following the generally positive signals from Wall Street overnight, Asian markets are mostly up on Wednesday,” said TickM...
2 months ago
Secure Trust Bank reports solid first-half growth
The London-listed bank said its loan book grew 3.2% during the period, reaching £3.4bn, driven primarily by a 7.3% increase in consumer finance, despite a slight decline in business finance lending due to subdued commercial finance and real estate markets...
2 months ago
Capital sells entire shareholding in Predictive Discovery
The London-listed firm said the transaction involved the sale of 225,349,418 shares at 21 Australian cents each.As part of the agreement, Capital and Perseus established a profit-sharing arrangement, under which any profit derived from a subsequent sale o...
2 months ago
Revenue and earnings fall for Ultimate Products
The London-listed firm, which owns the brands Salter and Beldray, put the decline down to factors including reduced supermarket orders due to overstocking, weakened consumer demand for general merchandise, and strong prior-year comparisons driven by high...
2 months ago
Kenmare Resources confident despite slide in revenue, earnings
The London-listed firm attributed the drop to lower shipments, pricing, and an unfavourable product mix at its Moma Titanium Minerals Mine in northern Mozambique.Despite the challenges, Kenmare said it ended the half-year with a record net cash position o...
2 months ago
Amaroq reports solid second-quarter operational performance
The AIM-traded firm said working capital for the gold business, excluding convertible note liabilities, stood at $50.5m as of 30 June.Operationally, Amaroq achieved significant milestones in the development of its Nalunaq gold project.The Greenland govern...
2 months ago
Versarien enters community building printing contract
The AIM-traded firm said the project, led by the community interest company, aimed to develop 46 affordable homes and associated infrastructure, including a community hub.It said the contract, valued at £0.2m, would involve Versarien providing 3D construc...
2 months ago
Eqtec settlement with Logik moves closer to completing
The AIM-traded firm said the settlement was contingent on the sale of a site at Weighbridge Road in Deeside Industrial Park. It said it had now been informed that the sale agreement had become unconditional, with all conditions met, and a long stop date o...
2 months ago
Silverbullet reports big advancements for 4D AI product
The AIM-traded firm said it had secured a contract to integrate its 4D AI technology with an unnamed global programmatic self-service advertising platform, which handles $9.6bn in ad spend, and was growing at over 20% annually.It said the partnership woul...
2 months ago
Ixico raises expectations on new contract wins
The AIM-traded firm said that for the 12 months ending 30 September, it anticipated full-year revenue to be between £5.5m and £5.9m.That reflected at least a 20% growth in revenue during the second half of the year, compared to the first half, which recor...
2 months ago
Victoria's Secret shares jump on new CEO, strong second quarter
The Ohio-based company said it had appointed Hillary Super as its new chief executive officer, effective from 9 September.It said Super would bring almost 30 years of experience in retail and brand management, and would also join the company’s board of di...
2 months ago
TomCo subsidiary agrees to sell TSHII membership interest
The AIM-traded firm said the sale was part of a broader agreement involving TSHII, Greenfield, and Endeavor Capital Group, which holds the remaining 90% of TSHII, to facilitate a potential merger of TSHII with Integrated Rail and Resources Acquisition Cor...
2 months ago
Woodside updates cost expectations ahead of first-half results
The company said the depreciation and amortisation of oil and gas properties was projected to be between $1.85bn and $1.95bn, not including depreciation of lease assets.Other income was estimated to lie between $250m and $380m, bolstered by profits from t...
2 months ago