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IMI shares hit 7-year high as it begins £100mn share buy-back, raises guidance
April 26, 2021 05:36 PM BST| By AbhijeetSummary Shares of IMI Plc rallied 11 per cent in the afternoon deals on Monday. Heavy buying has been largely fuelled by share buy-back and increased outlook. IMI has agreed to repurchase shares with a value of up to £100 million. S.....
Reopening: LSE Companies Start Bagging New Contracts as Economy Gets Back to Normal
April 26, 2021 05:29 PM BST| By Suhita PoddarReturning confidence among the business and the people have started appearing soon after the nation went for a major phase of reopening. Businesses are ramping up their work and production, and people are also adapting to the new normal. Though the.....
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What are the foundation stones laid by Tristel to resume revenue and profit growth from FY22?
April 26, 2021 04:08 PM BST| By Team Kalkine MediaSummary TSTL expects FY21 global sales to remain around £31 million for the year ending on 30 June 2021. The surface disinfectant product sales in the UK had witnessed a 47% growth to £2.3 million during Q3 FY21. TSTL had anticipat.....
What significant factors led Audioboom Group to achieve its maiden profitability during Q1 FY21?
April 23, 2021 06:07 PM BST| By Team Kalkine MediaSummary The revenue of Audioboom Group PLC had shown a surge of around 49% during Q1 FY21 as compared to Q1 FY20. BOOM had reported an adjusted EBITDA of USD 0.03 million during Q1 FY21. The average monthly downloads stood at 87.1 million duri.....
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Trading Updates Of 3 AIM Stocks: FUL, PHC, ZIN
April 23, 2021 02:22 PM BST| By Suhita PoddarSummary The Fulham Shore PLC eyes revival from COVID-19 and plans new restaurant openings in and around UK. Plant Health Care PLC posted 3% Y-o-Y growth as compared to 2019. Zinc Media Group PLC posted a resilient and strong picture with busin.....
What are the recent business developments unveiled by Centamin during Q1 FY21?
April 22, 2021 05:40 PM BST| By Team Kalkine MediaSummary Centamin PLC had shown revenue growth of around 26% during Q1 FY21 as compared to Q4 FY20. The Group had generated a free cash flow of USD 9.4 million during Q1 FY21. CEY had net cash and liquid assets of USD 330.7 million as of 31 Mar.....
Why Did Morgan Sindall Shares Skyrocket 19%
April 22, 2021 04:20 PM BST| By Suhita PoddarSummary Shares of Morgan Sindall Group Plc jumped nearly 20 per cent in the afternoon trades on Thursday The stock has recognised a meaningful rise in the last one year, recovering from Covid bottoms The company is on track to deliver better-t.....
What Led to the Sudden Spurt in Crypto Miner Argo Blockchain Stocks?
April 22, 2021 08:12 AM BST| By Suhita PoddarArgo Blockchain Plc (LON: ARB) shares witnessed a sharp surge in last session trading after the London-listed Blockchain company revealed its plans for a new cryptocurrency mining facility in West Texas. ARB shares surged 26.90 per cent to close at.....
Did various restructuring activities help Kier Group to achieve profitability during H1 FY21?
April 21, 2021 05:14 PM BST| By Team Kalkine MediaSummary Kier Group PLC had a robust order book of £8.0 billion as of 31 December 2020. KIE had a net debt of £353.5 million as of 31 December 2020. KIE had sold its housebuilding business, Kier Living, to Foster BidCo Limited for t.....
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4 AIM-Listed Mining Stocks and Their Capital Structure Changes
April 21, 2021 02:54 PM BST| By Suhita PoddarSummary Landore Resources Ltd. announced share warrant exercise option and its discovery of noteworthy bonanza grade gold in Canada. Savannah Resources PLC and Galantas Gold Corp will raise capital for production and commercial capacity upgrade.....
Retail Companies in News - ABF, Next, Asda
April 21, 2021 10:47 AM BST| By Suhita PoddarSummary Primark owner Associated British Foods Plc has announced to hand back £121 million in furlough cash to the government. The CMA has raised concern over Bellis' buyout of Asda, as it could lead to higher petrol prices within the cou.....
Focus on Banking Stocks as UK Launches 95 Per Cent Mortgage Scheme
April 21, 2021 09:04 AM BST| By Suhita PoddarSummary Leading banks launched a new government-backed low-deposit mortgage scheme. The scheme has been made available by Lloyds, Santander, Barclays, HSBC, and NatWest. Chancellor Rishi Sunak said that with the news scheme, the UK housing mar.....
Did production of Petropavlovsk fall during Q1 FY21?
April 20, 2021 05:52 PM BST| By Team Kalkine MediaSummary Petropavlovsk PLC had shown a decline of around 49% in the total gold production for Q1 FY21 from the comparative period of the prior year. The Company had anticipated total gold production ranging from 430 koz (kilo ounces) to 470 koz .....
English Shoppers Binge on Covid-19 Restrictions Ease
April 20, 2021 05:46 PM BST| By Suhita PoddarA few days ago, non-essential retail was allowed to resume operations in England. Now, Scotland and Northern Ireland are also following the same by April end. There has been a 200 per cent rise in retail store footfalls in the last week, as per the.....
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In Focus: 3 Mining Stocks -- Adriatic Metals, Shanta Gold and Kavango Resources
April 20, 2021 02:59 PM BST| By Suhita PoddarSummary Adriatic tweaked its Rupice underground mine plan this week to estimate a 26 percent increase in silver equivalent metal production. Kavangi Resources has partnered with Spectral Geophysics Ltd. Shanta Gold has completed 3,590 metres o.....
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What significant factors led D4T4 Solutions to report strong performance during H2 FY21?
April 19, 2021 04:15 PM BST| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary D4T4 Solutions PLC had anticipated revenue of approximately £22.8 million during FY21 ending 31 March 2021. D4T4 had announced six new contract wins worth around £3.0 million of revenues on...
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Pantheon Resources Shares Slump Reacting to Talitha #A Well Disappointment
April 19, 2021 02:45 PM BST| By Suhita PoddarSource: Robert Lucian Crusitu, Shutterstock Summary The exploration firm released its operational update for the Talitha #A well stating that it flowed high quality light oil intermittently at a disappointing rate of up to 100 barrels oil per d...
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Cross Border Actions in Tech Stocks: Mode, Equiniti and D4t4
April 19, 2021 02:37 PM BST| By Suhita PoddarSource: TippaPatt, Shutterstock Summary Fintech player Mode Global files for OTCQB trading in the US. Siris Capital of the US submits a non-binding offer to acquire Equiniti. D4T4 continues geographic expansion with the opening of an APAC off...
FTSE 100 Reclaims 7,000: This Blue-Chip Stock Gained Over 150% In 1 Year
April 19, 2021 11:59 AM BST| By AbhijeetSource: Peshkova, Shutterstock Summary FTSE 100 finally bounced back to above 7,000 for the first time since February 2020 One of the FTSE 100 constituents has jumped over 150 per cent in 1 year Nikkei 225 of Japan has managed to recognise a...
Housing Stocks in Focus as The UK House Prices Rise Sharply in April
April 19, 2021 10:43 AM BST| By Team Kalkine MediaSource: jaturonoofer, Shutterstock Summary The asking price for UK homes hits a record high in April this year, says Rightmove. The asking home price in Britain rose by £6,733 in the five weeks to 10 April this year. Factors inclu...
