Telit Communications swings to profit after automotive asset sale

Internet of Things company investor Telit Communications swung to a first-half profit after falling sales were offset by lower spending on R&D and marketing.

Pre-tax...

Mon, 09/09/2019 - 07:41


Kibo Energy says Mast Energy Developments to proceed with construction of gas plant at Bordersley Power

Kibo Energy said its 60% owned subsidiary, MAST Energy Developments, had issued a preliminary notice to proceed with the construction and commissioning of the 5MW...

Mon, 09/09/2019 - 07:36


Norman Broadbent secures debt facility from Bibby Financial Service

Professional services firm Norman Broadbent said it had secured a £2.0m working capital facility from Bibby Financial Services to 'help fuel further growth'.

The facility...

Mon, 09/09/2019 - 07:36


Petro Matad encouraged by results of Mongolia well

Petro Matad said a new well in Mongolia had presented 'encouraging' results and would be subject to a testing programme.

The Heron-1 well was drilled...

Mon, 09/09/2019 - 07:32


Reabold Resources hails discovery at Romania appraisal well

Reabold Resources said that hydrocarbons had been discovered across multiple zones of appraisal well in which it has an interest.

The IM-1 well was drilled...

Mon, 09/09/2019 - 07:27


InfraStrata says process to secure full marine licence is on schedule

Energy company InfraStrata said the process to convert its draft marine licence to a full marine licence was progressing on schedule as talks with the...

Mon, 09/09/2019 - 07:26


Newmark Security appoints Graham Feltham as finance director

Newmark Security said it had appointed Graham Feltham as its new finance director.

He would replace Brian Beecraft, who's departure was announced in January.

Feltham...

Mon, 09/09/2019 - 07:21


Lloyds Banking suspends share buyback programme on spike in payment protection insurance claims

Lloyds Banking suspended its share buyback programme as the bank was forced to set aside extra capital for payment protection insurance claims following a 'significant'...

Mon, 09/09/2019 - 07:20


MXC Capital to swing to trading profit; demerge transactional business

Technology-focused adviser and investor MXC Capital said it expected to swing to an annual operating profit, while also announcing a proposed demerger of its transactional...

Mon, 09/09/2019 - 07:17


Totally making 'good progress' on integration of Greenbrook Healthcare

Out-of-hospital healthcare provider Totally said it had made 'good progress' integrating the Greenbrook Healthcare business that it acquired in June.

'Recruitment, finance and business development...

Mon, 09/09/2019 - 07:09


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