System1 swings to profit on cost cutting; looks to reinstate buyback

Marketing research group System1 booked a rise in annual profit after cost cutting helped offset a fall in sales.

The company reiterated plans to resume...

Wed, 14/07/2021 - 09:13


IQE H1 performance in line with expectations amid 'strong' growth in wireless products

Semiconductor wafer products and materials maker IQE reported that performance in the first half of 2021 was in line with management expectations.

Revenue for...

Wed, 14/07/2021 - 09:11


Lucara Diamond recovers 62.7 carat fancy pink diamond in Botswana

Lucara Diamond said it had recovered a 62.7 carat fancy pink diamond from its Karowe diamond mine located in Botswana.

This impressive diamond, measuring...

Wed, 14/07/2021 - 09:08


Good Energy 'highly opportunistic' 340 per share takeover offer from Ecotricity

Renewable electricity supplier group Good Energy rejected the revised 360 pence per share offer for the company from Ecotricity Group as it materially undervalues the...

Wed, 14/07/2021 - 09:06


Water Intelligence to raise £6.9m from placing at 920p/share

Leak detection group Water Intelligence said it planned to raise around $9.5 million (£6.9 million) from a share placing to fund its growth.

New shares...

Wed, 14/07/2021 - 09:00


Intelligent Ultrasound revenue jumps in H1 amid 'strong' recovery in simulation division

Ultrasound artificial intelligence company Intelligent Ultrasound said it expected to report a jump in revenue following strong recovery in its simulation division.

For the six-month...

Wed, 14/07/2021 - 08:59


Phoenix Copper reports sulphide-rich mineralisation at Empire property in Idaho

Mining group Phoenix Copper said sulphide-rich mineralisation had been intercepted below the copper oxide open pit at the Empire mine in Idaho.

The mine was...

Wed, 14/07/2021 - 08:58


7digital extends contract with global technology company

Digital music solutions company 7digital said it had signed an extended contract continuing into 2023 with its unnamed global technology company customer.

The update following...

Wed, 14/07/2021 - 08:55


Avacta diagnostic division achieves ISO 13485 certification

Diagnostics and innovative cancer therapies group Avacta said its life sciences' diagnostics division had achieved ISO 13485 certification.

'ISO 13485 certification means that the...

Wed, 14/07/2021 - 08:53


Regulator dislikes, but won't oppose Provident Financial consumer credit plan

Subprime lender Provident Financial said regulators in the UK did not support wrap-up plans for its struggling consumer credit division.

At the same time, however,...

Wed, 14/07/2021 - 08:49


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