Latest News
Nintendo surges as markets catch onto Pokemon Go fever
Nintendo stock surged nearly 25% in Tokyo on Monday as the staged rollout of the Pokémon Go mobile game far surpassed most expectations, topping Apple's app charts in the US and Australia and reviving opinions of the Japanese gaming giant.
US close: Stocks finish higher on strong jobs data
US stocks finished higher on Monday as investor sentiment continued to be lifted by last Friday’s strong jobs report.
Hopes of end to policy vacuum in UK lifts real estate stocks
Real estate-related stocks and miners paced gains at the start of the week, with the former deriving support from news that Theresa May was set to become Prime Minister on the following Wednesday, helping to lift a tad of the uncertainty which had been weighing on the UK market.
London close: Real estate stocks jump as political uncertainty recedes
London stocks clocked in with sharp gains at the start of the week after news broke that Theresa May would become Britain's next prime minister and on expectations for further monetary policy easing by the Bank of England and its Japanese counterpart.
May to take over as UK PM after Cameron resignation
Theresa May will become Britain's next prime minister after David Cameron said he would resign on Wednesday and her main rival for the job quit the Conservative leadership race in yet another tumultuous day in Westminster.
Northern Bear boosts dividend, eyes acquisitions
Northern Bear disclosed a significant reduction in its net bank debt and proposed a significant increase in its full-year dividend payout.
Tissue Regenix's devices a step closer to product launch
Regenerative medical device company Tissue Regenix released an update on two of its devices for a potential pilot study and product launch.
Starbucks hands out 150,000 raises to its workers
Starbucks is taking swift action to quash criticism from certain employees regarding working conditions, by giving out 150,000 pay rises to those working in its US stores.
Europe close: Stocks rally on Japan stimulus hopes
European stocks rallied on Monday on hopes of further monetary easing in Japan following the elections over the weekend.
Small caps news round-up
Aberdeen Asset Management has reportedly appointed broker Strutt & Parker to sell a London office property, which is part of a real estate fund suspended from trading. Bloomberg cited three unnamed people “familiar with the matter” as confirming 10 Hammersmith Grove - a building with a value of £105m - will be offered by the firm.
Pound weakness to boost Glaxo´s second quarter sales and EPS
The pound´s depreciation against the US dollar and Japanese yen during the second quarter of the year were set to significantly boost GlaxoSmithKline´s reported sales and profits in sterling terms, the company said.
Heathrow uses June figures to push for third runway decision
Cargo volumes at Heathrow grew 2. 1% in June, the airport reported on Monday, with strong growth to China - up 11% - as well as to India and Turkey, up 3. 3% and 3% respectively.
Frozen Aberdeen property fund to offer London office to market
Aberdeen Asset Management has reportedly appointed broker Strutt & Parker to sell a London office property, which is part of a real estate fund suspended from trading.
Phoenix increases stake in Barratt and Bellway
Phoenix Asset Management partners has upped its stake in Barratt Developments PLC and Bellway PLC after stocks for Uk house builders fell signifcantly after the decision of the United Kingdom to leave the European Union last month.
ZincOx appoints new finance director
ZincOx announced on Monday the appointment of Donald McAlister as finance director with immediate effect.
Walker Greenbank signs bed linen agreement with India's Indo Count
Luxury interior furnishings company Walker Greenbank signed a licensing agreement with Indian textiles company Indo Count to sell its Sanderson, Harlequin and Scion bed linen brands in the North America and Mexico.
Quantum Pharma launches third product from its Mucodis range of treatments
Quantum Pharma launched the third product of its Mucodis range for the treatment of some of the side effects suffered by patients undergoing cancer treatment.
Swallowfield sees FY profits at top end of expectations
AIM-listed Swallowfield said full year profitability would be towards the upper end of expectations with overall revenues for the full year expected to show growth of 10% to approximately £54. 4m.
Sadiq Khan halts work on London's proposed garden bridge
The newly-proposed garden bridge plans for London have been put on hold after fears that the project may incur more costs than originally thought.
Director dealings: Collagen chairman puts more skin in game
Collagen Solutions chairman David Evans put more skin in the game on Monday as the company revealed annual losses had tightened up thanks to a plumped-up top line.