Latest News
Oxford Pharmascience adds Reckitt stalwart to board
Oxford Pharmascience added a big name in the OTC medicines industry to its board on Thursday, announcing the appointment of Anand Sharma as a non-executive director with immediate effect.
Brazilian labour force shrinks in January
Brazil´s unemployment dropped at the start of the year as the economic recession led to a shrinking labour force.
Byotrol extending its market reach
Byotrol's turnaround was continuing apace as the company headed towards the end of its financial year on 31 March, with the company issuing a trading update on Thursday.
Ilika hard drive project wins Innovate UK grant
Future hard drive technology received a boost on Thursday, with the announcement from Ilika that it was taking part in a two-year project, along with Seagate and the University of Southampton (UoS), that had been awarded a £374,000 grant by Innovate UK.
Earthport dragged back to earth by apparent client fraud
Shares in Earthport have fallen back to 2012 levels after a potential fraud by a corporate client put its Baydonhill foreign exchange business at risk of a potential £5m loss.
Frontera settles bills with new share issue
Frontera Resources settled some sizeable bills on Thursday, through the issue of 100 million new ordinary shares.
Solid State loses MoJ electronic offender tagging contract
Solid State's £34m contract to provide electronic offender tags has been terminated by the Ministry of Justice (MoJ).
FTSE 250 movers: Serco results boost index
The FTSE 250 surged on Thursday, up 277. 90 points (1. 72%) to 16,395. 40 by mid-afternoon.
BP non-execs including veteran Bergmans to stand down
Two non-executive directors at oil and gas giant BP will not be seeking re-election at the company’s annual general meeting scheduled in April.
Funding secured for Stratex's Djibouti venture
Stratex International’s Djibouti operation, Thani Stratex Resources Limited (TSRL), had good news on Thursday, securing $1. 25m (£900,000) of new funding by way of a non-repayable and interest-free convertible loan from NutureEx.
Petrofac calls in Brammer non-exec
Andrea Abt, a non-executive director at Brammer, is to be appointed as a non-executive director of Petrofac with effect from 19 May.
US open: Stocks fall as oil prices slide
US stocks declined on Thursday as an upbeat report on durable goods orders was offset by a fall in oil prices.
Broker tips: Petrofac, Lloyds, Next
Jefferies upgraded Petrofac to ‘buy’ from ‘hold’ and lifted the price target to 855p from 745p.
US durable goods orders bounce back in January
US durable goods orders bounced back in January but an underlying proxy for trends in investment in the wider economy was still well in the red.
SafeCharge secures contract with Paddy Power Betfair
SafeCharge International announced on Thursday that it has secured a contract with newly-merged bookmaker and online gambling group Paddy Power Betfair.
FTSE 100 movers: Lloyds leads index back over 6,000
The FTSE 100 was back over 6,000 on Thursday, erasing losses from the previous two days.
Jefferies upgrades Petrofac to 'buy'
Jefferies upgraded Petrofac to ‘buy’ from ‘hold’ and lifted the price target to 855p from 745p.
Berenberg downgrades Next, expects challenging year for sector
Berenberg downgraded Next to ‘hold’ from ‘buy’ and cut the price target to 7,300 from 7,600p.
Investec and ShoreCap positive on Lloyds, reaffirm buys
Statutory profits at Lloyds took a hit from another £2. 1bn provision for payment protection insurance in the last three months of 2015 but the shares were trading at a hefty discount to their 'fair value', Shore Capital said.
US weekly jobless claims rise as expected, economists sanguine
The US jobs market eased a tad more than economists had been expecting last week.