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Versarien Completes Sale of Subsidiary AAC Cyroma for £0.55m
Metals and Mining

Versarien Completes Sale of Subsidiary AAC Cyroma for £0.55m

Highlights:,Versarien sold its subsidiary AAC Cyroma to Harper Bennett for £0.55 million, payable over 16 quarterly instalments.,The sale supports Versarien’s focus on graphene technologies and its shift towards a manufacturing-light strategy.,Proceeds wi...

Celadon Pharmaceuticals Announces CFO Jonathan Turner’s Departure
Healthcare Stocks

Celadon Pharmaceuticals Announces CFO Jonathan Turner’s Departure

Highlights:,Celadon Pharmaceuticals announced CFO Jonathan Turner will step down from his position on 27 December.,The company has begun the search for a successor, with an update to follow once a new CFO is appointed.,Shares in Celadon Pharmaceuticals fe...

Carnival Corp Posts Record Q3 2024 Results Raises Outlook Amid Share Decline
Consumer Stocks

Carnival Corp Posts Record Q3 2024 Results Raises Outlook Amid Share Decline

Highlights:,Carnival posted record-breaking Q3 results with $1.7 billion in net income and $7.9 billion in revenue.,The company raised its full-year adjusted EBITDA guidance to $6 billion, a 40% increase from 2023.,Despite the strong performance, Carnival...

Gem Resources Chosen as New Name for URA Holdings to Focus on Gemstone Mining
Metals and Mining

Gem Resources Chosen as New Name for URA Holdings to Focus on Gemstone Mining

Highlights:,URA Holdings PLC rebrands as Gem Resources Plc to reflect its focus on gemstone mining and exploration.,The company has begun production at the Gravelotte Emerald Mine and recently acquired the Curlew Emerald Mine.,Demand for ethically sourced...

Zulu Lithium’s Next Steps Being Mapped Out by Premier African Minerals
Metals and Mining

Zulu Lithium’s Next Steps Being Mapped Out by Premier African Minerals

Highlights:,Premier African Minerals is considering a full or partial sale of its Zulu lithium project or installing an additional flotation plant.,The company faces significant debt and is evaluating funding options to restart operations if strategic alt...

Chicago Business Barometer Rises in September but Stays Below Growth Level
Market updates

Chicago Business Barometer Rises in September but Stays Below Growth Level

Highlights:,The Chicago Business Barometer PMI rose to 46.6 in September, up from 46.1 in August.,Key improvements were seen in order backlogs and employment, according to ISM.,The index remains below the 50-point threshold, signaling continued contractio...

Parys Mountain Development in Spotlight as Anglesey Mining Pursues Re-permitting
Metals and Mining

Parys Mountain Development in Spotlight as Anglesey Mining Pursues Re-permitting

Highlights:,Anglesey Mining prioritizes re-permitting Parys Mountain with environmental and social impact assessments.,The company is consolidating decades of geological data and re-sampling historical drill cores to enhance understanding of the project.,...

CMA Questions £15bn Merger as Vodafone and Three Respond
Communication Stocks

CMA Questions £15bn Merger as Vodafone and Three Respond

Highlights:,Vodafone and Three addressed CMA concerns over their £15 billion merger, pledging to freeze tariffs for value customers and support MVNOs.,The companies expressed confidence that the merger will benefit consumers despite concerns about potenti...

Improved Financial Performance and North Macedonia Acquisition by Hydrogen Utopia
Energy Stocks

Improved Financial Performance and North Macedonia Acquisition by Hydrogen Utopia

Highlights:,Hydrogen Utopia reduced its operating loss to £504,000 for H1 2024, down from £867,000 in 2023.,The company completed the acquisition of a medicinal cannabis facility in North Macedonia, managed by its subsidiary Ohrid Organics.,As of 30 June,...

Rising Tide Doesn’t Lift All Cruise Ships
Market Updates

Rising Tide Doesn’t Lift All Cruise Ships

It wasn’t enough: The stock fell in morning trading and is now down slightly year-to-date. For one, the earnings beat came more from cost control than passenger ticket sales, explains Patrick Scholes...

  • September 30, 2024 05:19 PM BST
  • EODHD
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