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BowLeven appoints new director

BowLeven appoints new director

Fri, 18 August 2017

(ShareCast News) - AIM-listed oil and gas group, BowLeven announced on Friday that Matt McDonald would be appointed to the firm's board as non-executive director with immediate effect. Crown Ocean Cap... [more]

Calpine agrees to be acquired for $5.6bn in cash

Calpine agrees to be acquired for $5.6bn in cash

Fri, 18 August 2017

(ShareCast News) - Shares of Calpine Corporation surged after news broke that the American power generation company had agreed to be acquired by a consortium led by Energy Capital Partners. The priv... [more]

Finance director of Safestay and Safeland, Mark Beveridge resigns

Finance director of Safestay and Safeland, Mark Beveridge resigns

Fri, 18 August 2017

(ShareCast News) - Mark Beveridge, finance director of hostel operator Safestay, as well as property investment group Safeland, has resigned from both firms. In an identical statement released on Frid... [more]

Iconic New York venue extends agreement with Forbidden Technologies

Iconic New York venue extends agreement with Forbidden Technologies

Fri, 18 August 2017

(ShareCast News) - Video editing specialist, Forbidden Technologies announced on Friday that it had extended an existing agreement with an "iconic sports, music and entertainment venue in New York. Fo... [more]

Red Leopard suspended from trading ahead of reverse takeover

Red Leopard suspended from trading ahead of reverse takeover

Fri, 18 August 2017

(ShareCast News) - Red Leopard reported on Friday that it had entered into an assignment agreement with Capital Resources and Sloane Energy as part of a reverse takeover. According to the terms of the... [more]

St Modwen inks 10-year lease with Hellman at Staffordshire site

Fri, 18 August 2017

(ShareCast News) - St Modwen Properties said on Friday it had secured its first letting of the 1m square feet of industrial and distribution space at Burton Gateway commercial business park in Burton-... [more]

System1 warns on profits after 'slower than expected' start

Fri, 18 August 2017

(ShareCast News) - Behavioural marketing services firm System 1 Group issued a profit warning after a slower than anticipated beginning to its financial year had continued through the summer. System1 ... [more]

SRT Marine receives order for largest single deployment of its technology

Fri, 18 August 2017

(ShareCast News) - SRT Marine Systems, a provider of maritime tracking, management and surveillance products and technologies, announced on Friday it had received an order for 200 AIS Aids to Navigati... [more]

Airlines fly lower after Barcelona attack

Fri, 18 August 2017

(ShareCast News) - Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region. British Airways and Iberi... [more]

AppScatter eyes IPO in early September

Fri, 18 August 2017

(ShareCast News) - AppScatter Group, a mobile app distribution and management platform, is drumming up institutional investor support for a flotation on London's AIM market in early September. The gro... [more]

Spending at pubs and restaurants holds up despite consumer squeeze

Fri, 18 August 2017

(ShareCast News) - Spending in at pubs and restaurants in July held firm at fairly subdued levels in July, according to new research published on Friday that indicates consumers are prioritising certa... [more]

Macquarie completes takeover of UK's Green Investment Bank

Fri, 18 August 2017

(ShareCast News) - Australian financial group Macquarie on Friday said it had completed the controversial £2.3bn takeover of the Green Investment Bank (GIB) from the UK government. The sale, agreed in... [more]

Shanta Gold delivers termination notice to Helio Resource

Fri, 18 August 2017

(ShareCast News) - Shanta Gold, has delivered notice to Helio Resource Corp of its termination of the arrangement agreement dated as of 19 June 2017. The East Africa focused gold producer and develope... [more]

GCP to subscribe for £140m in loan notes after Macquarie green bank buy

Fri, 18 August 2017

(ShareCast News) - GCP on Friday said it would be subscribing for £140m in loan notes as part of Macquarie Group's completed takeover of the Green Investment Bank from the UK government. The fund, whi... [more]

PCG raises £1m in funding through new Riverfort agreement

Fri, 18 August 2017

(ShareCast News) - PCG Entertainment announced it had successfully raised £1m in funding from a group of investors led by D-Beta One EQ and arranged by RiverFort Global Capital. The AIM-listed online ... [more]

CMA approves Heineken's Punch purchase if 33 pubs are sold

Fri, 18 August 2017

(ShareCast News) - The UK competition regulator has approved the sale of a swathe of Punch Taverns' pubs to Heineken as long as the Dutch brewer sells The Competition and Markets Authority (CMA) had e... [more]

Europe open: Stocks off lows after Barcelona attacks

Fri, 18 August 2017

(ShareCast News) - Stocks have started the session lower, tracking a big drop in US stocks overnight even as traders digest a terrorist attack on Barcelona and an another against a town to its south w... [more]

TRIG powers to strong half-year profits

Fri, 18 August 2017

(ShareCast News) - The Renewables Infrastructure Group (TRIG) said interim pre-tax profits powered to £31.3m from £19.2m despite lower wholesale energy price forecasts. TRIG said its portfolio generat... [more]

Astrazeneca wins wider US approval for Lynparza ovarian cancer drug

Fri, 18 August 2017

(ShareCast News) - AstraZeneca and Merck have been given approval by the US drug administrator to sell their olaparib ovarian cancer drug, branded Lynparza, in a new tablet form and to a wider range o... [more]

Reckitt completes $4.2bn sale of foods business

Fri, 18 August 2017

(ShareCast News) - Reckitt Benckiser said on Friday it had completed the $4.2bn (£3.2bn) sale of its food business, including the French's, Frank's RedHot and Cattlemen's brands, to McCormick & Compan... [more]

Morgan Stanley reaffirms overweight rating for Direct Line

Thu, 17 August 2017

(ShareCast News) - Morgan Stanley upgraded Direct Line Group's target price from 423.00p to 451.00p in a research report on the insurer on Thursday. The bank's analysts were pleased by Direct Line's f... [more]

Former Netflix executive proposes $9.95 per month subscription for daily cinema access

Thu, 17 August 2017

(ShareCast News) - A new startup helmed by Netflix co-founder Mitch Lowe has proposed an interesting method designed to get more people patronising movie theatres. For $9.95 a month, MoviePass intends... [more]

Herencia Resources finishes review of core copper mineral prospects

Thu, 17 August 2017

(ShareCast News) - Herencia Resources said a new comprehensive geological review of the company's core copper mineral prospects pointed to greater potential for those assets. Conducted by its new geol... [more]

Friday preview: Significant profit progress expected from Computacenter

Thu, 17 August 2017

(ShareCast News) - Friday is down to be the quietest day of August so far, with no top-tier macroeconomic data and only one FTSE 350 company due to report. Computacenter is expected to post solid firs... [more]

BHP approves £2.5bn copper expansion project

Thu, 17 August 2017

(ShareCast News) - BHP Billiton has approved a $2.546n investment to extend the Spence copper mine life in Chile by at least 50 years. The board had approved the spending for the Spence Growth Option ... [more]