Market news

Shares in Indivior plummet on lifted injunction against Dr Reddy's

Shares in Indivior dropped 49% to 105p on the news that the US Court of Appeals dropped a preliminary injunction against US rival Dr Reddy's...

Focusrite profit up 23% on increased recording equipment sales

Music and audio company Focusrite posted a 23% rise in annual profit as it increased sales of recording and broadcasting products.

Pre-tax profit for...

Jaywing sells contact centre business to Aquiline Capital

Marketing consultancy Jaywing said it had exchanged contracts to sell its contact centre business HSM to interests backed by private equity firm Aquiline Capital Partners...

Boston Scientific agrees to acquire BTG for £3.3bn

Healthcare company BTG agreed to be acquired by Boston Scientific for £3.3bn, the companies said in a joint statement.

Boston Scientific offered 840p per BTG...

PhotonStar LED places key subsidiary into liquidation

PhotonStar LED Group said it was still mulling funding options for its remaining business after its key LED subsidiary was placed into liquidation.

The subsidiary...

QinetiQ confirms acquisition of military training group Inzpire

QinetiQ Group confirmed that it had acquired 85% of military training and mission systems provider Inzpire Group.

QinetiQ would acquire the remaining 15% after two...

Serabi Gold airborne survey in Brazil identifies potential gold-bearing anomalies

Brazil-focused miner Serabi Gold said a recent airborne geophysical survey covering the southern portion of its the Jardim Do Ouro tenement indicated sulphide bodies that...

Maestrano launches contract with with US technology distributor

Business software company Maestrano Group said it had launched its product with a multinational US technology distributor, which it didn't identify.

Maestrano said its platform...

Bonmarche first-half profit nearly halves as high street gloom hurts sales

Bonmarche said Tuesday first-half profits nearly halved as weaker demand for womenswear and falling footfall hurt sales at the bricks and mortar stores.

Fort...

RhythmOne forms brand protection pact with Pixalate

Advertising technology company RhythmOne said it had formed an early collaborative partnership with Pixalate.

The coupling would involve RhythmOne integrating Pixalate's traffic-detection and filtration technology...