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London close: FTSE 100 jabs higher as retail rebounds, sterling weakens

London close: FTSE 100 jabs higher as retail rebounds, sterling weakens

Mon, 22 May 2017

(ShareCast News) - Equities in London went for a jog higher on Monday, helped mostly by rebounding retail stocks and sterling weakness, the latter on the back of UK political turmoil surrounding the e... [more]

BP restarts North Sea production at Schiehallion

BP restarts North Sea production at Schiehallion

Mon, 22 May 2017

(ShareCast News) - Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and partners including Shell for the first time since it was shut down for refurbishment in 2013. ... [more]

BP restarts North Sea production at Schiehallion

BP restarts North Sea production at Schiehallion

Mon, 22 May 2017

(ShareCast News) - Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and Shell for the first time since it was shut down for refurbishment in 2013. BP has said the fie... [more]

Horizon Discovery gains exclusive rights to 'novel' gene editing tech

Horizon Discovery gains exclusive rights to 'novel' gene editing tech

Mon, 22 May 2017

(ShareCast News) - Gene editing technology company Horizon Discovery Group announced on Monday that it had gained exclusive worldwide rights to use a "novel transposon-based technology platform" that ... [more]

Corero client GTT launches DDoS mitigation service

Corero client GTT launches DDoS mitigation service

Mon, 22 May 2017

(ShareCast News) - Corero Network Security updated the market on its recent Tier 1 internet service provider customer win on Monday, confirming that its customer - GTT Communications - had now launche... [more]

Active Energy enters agreement with Province of Newfoundland and Labrador

Mon, 22 May 2017

(ShareCast News) - International renewable energy, forestry management and timber processing business Active Energy announced on Monday that it entered into an agreement in principle with the Province... [more]

Thor Mining says tungsten resource at Pilot Mountain up 55%

Mon, 22 May 2017

(ShareCast News) - Shares in AIM-listed Thor Mining have raced up almost 13% after it announced a 55% increase in the tungsten resource at Pilot Mountain, Nevada. "This is a significant step forward f... [more]

Rio Tinto to cut debt with $2.5bn bond buyback

Mon, 22 May 2017

(ShareCast News) - Miner Rio Tinto has announced a new bond buyback of up to $2.5bn to further reduce gross debt. The company has issued a redemption notice for around $1.72bn of its 2019 and 2020 US ... [more]

Two biotech companies take rights to Avacta reagents

Mon, 22 May 2017

(ShareCast News) - Affimer biotherapeutics and research reagent developer Avacta Group announced that two unnamed leading US biotech companies had separately taken exclusive rights to Affimer reagents... [more]

Highland Gold granted licences for two greenfield mines

Mon, 22 May 2017

(ShareCast News) - Highland Gold Mining announced on Monday that it had received exploration licences for two greenfield sites adjacent to the existing licence areas for the Mnogovershinnoye mine. The... [more]

Providence Resources notes conditional extensions for FEL 3/04

Mon, 22 May 2017

(ShareCast News) - Providence Resources said the government has conditionally consented to a series of extensions on Frontier Exploration Licence 3/04 off the southwest coast of Ireland. The Minister ... [more]

Innovaderma unveils haircare product range, enters UK skincare market

Mon, 22 May 2017

(ShareCast News) - Shares in Innovaderma are up more than 6% after it announced the upcoming launch of a new haircare product range and its entry into the UK skincare market. The company had developed... [more]

Hardide strikes supply deal with Graco

Mon, 22 May 2017

(ShareCast News) - Advanced surface coating technology provider Hardide announced on Monday that group company Hardide Coatings signed a new seven-year supply agreement with Graco of Minneapolis for t... [more]

Aquatic Foods Q1 profit drops 8.4% as input costs rise

Mon, 22 May 2017

(ShareCast News) - AIM-listed Chinese marine foods and seafood processor and producer Aquatic Foods Group reported an 8.4% decline in gross profit for the first quarter as a result of rising input cos... [more]

Civitas completes portfolio buy in North East England

Mon, 22 May 2017

(ShareCast News) - Civitas Social Housing has completed the purchase of a portfolio of regulated social housing in North East England for a total of £6.0m, its fourth acquisition announcement this mon... [more]

BTG trial shows safety and efficacy of pulmonary embolism device

Mon, 22 May 2017

(ShareCast News) - Healthcare company BTG said on Monday that its EKOS combination therapy device for pulmonary embolism is effective over a much shorter period and at safer thrombolytic doses far bel... [more]

Tuesday preview: Severn Trent, eOne, Shaftesbury, Aveva

Mon, 22 May 2017

(ShareCast News) - In a fairly quiet day for economic data, between the latest election campaign u-turns and soundbites grab the headlines, companies scheduled to report results include water company ... [more]

Restore starts year 'well' as PHS delivers to expectations

Mon, 22 May 2017

(ShareCast News) - As investors in Restore gathered in London on Monday morning for the company's annual general meeting, its chairman Sir William Wells was preparing to update them on the firm's trad... [more]

IXICO reduces FY loss

Mon, 22 May 2017

(ShareCast News) - Shares in IXICO were up more than 3% as the company reported a first-half pre-tax loss of £793,000, an improvement from a loss of £1.1m a year previous. The company had lifted its r... [more]

Metminco proceeding with Miraflores study after funding documents complete

Mon, 22 May 2017

(ShareCast News) - Metminco issued a funding update on Monday morning, announcing that the documentation in relation to the convertible note facility of AUD 0.75m with Redfield Asset Management and Re... [more]

Datatec sees FY revenue, pre-tax profit down

Mon, 22 May 2017

(ShareCast News) - International ICT company Datatec's shares were flat mid morning as it posted falls in its full-year revenue and pre-tax profit. The company's full-year pre-tax profit was $41.7m, f... [more]

Eden Research shares fall after deeper full-year pre-tax loss

Mon, 22 May 2017

(ShareCast News) - Eden Research's shares were sold almost 13% lower after its final results revealed lower revenue and a deeper pre-tax loss. The company's pre-tax loss was £1.9m, compared with a los... [more]

Sula Iron & Gold issues 52.4m shares to Equity Drilling Ltd

Mon, 22 May 2017

(ShareCast News) - Sula Iron & Gold has paid Equity Drilling Ltd for its 3783m of drilling on the Ferensola gold project in northern Sierra Leone, with a large portion of that payment in new shares. E... [more]

Cerillion shares rise after improved H1 profit, dividend

Mon, 22 May 2017

(ShareCast News) - AIM-quoted Cerillion's shares rose more than 4% as investors reacted warmly to its first-half results, which saw revenue, profit and dividend all improve. "We have made pleasing pro... [more]

Mortice wins long-term contracts via new acquisition

Mon, 22 May 2017

(ShareCast News) - Security and facilities management provider Mortice has won a pair of new long-term cleaning and waste contracts in new sectors. Following its £4.5m acquisition of Manchester-based ... [more]