AJ Bell (AJB) shares ticked up 2.33% to 369.8p amid record results
On Thursday, the investment platform AJ Bell reported rising profits and revenues and ‘a record year of growth’ within its final results for the year ended 30 September 2021.
The Company reported a 13% increase in full-year profit to £55.1m while revenue rose by 15%, As a result, AJ Bell recommended a special dividend of 5 pence per share, taking the total dividend for the year to 11.96 pence per share compared to 6.16p a share in FY20.
Beowulf Mining (BEM) shares jumped 34.48% to 9.75p following positive comments
Shares in mineral exploration and development firm jumped after the new Swedish Prime Minister made a statement saying that there is a greater need for more mines in Sweden.
As Beowulf awaits the resolution of an application for a concession at the Kallak iron ore resource in Sweden, today’s comments have raised the hopes for many shareholders.
Tungsten Corp (TUNG) shares rose 14.48% to 33.2p after securing Amazon deal
The digital financial management and software solution provider has been selected by Amazon Business to support its global e-invoicing program in Europe and the U.S.
The Company explained that the partnership will enable customers to automate the processing of Amazon Business invoices via the Tungsten e-invoicing network.
Paul Cooper, CEO of Tungsten Corp said, “We are delighted to work with Amazon Business to enhance our value to current and new customers, this is the future of digital procurement.”
Pennant International Group (PEN) shares ticked up 11.86% to 33p amid upcoming contract
Pennant expects to secure a contract for c.£9m with the UK’s defense department in 1Q22.
Whilst the contract will be smaller than originally expected, Pennant International’s Chief Executive, Phil Walker, told investors that a £9m contract would still be a win for the group.