Latest News
Ascential acquires US e-commerce start-up Oneclickretail.com
Events and publishing group Ascential has acquired US-based e-commerce analytics specialist OneClickRetail. com for an initial $44m in cash plus earn-out payments based on future profits that could take the total to $225m.
Bonds: Yields edge higher amid Fedspeak, despite weak data
These were the movements in some of the most widely-followed 10-year sovereign bond yields: .
Sector movers: Pharma falls into political cross-hairs again
Pharma was the odd man out on a risk-off day for stockmarkets after Mylan´s price hikes on its EpiPen selft-treatment for anaphylactic shock caused by allergic reactions drew criticism from US presidential frontrunner Hillary Clinto and several US Congressmen.
US close: Stocks end touch weaker as investors eye Yellen speech
US stocks ended a touch weaker on Thursday as traders weighed up mixed economic data and some disappointing earnings ahead of Federal Reserve Chair Janet Yellen’s speech at Jackson Hole.
Commodities: Traders display caution ahead of Yellen speech
The market was little changed overall, with traders displaying caution ahead of the next day´s much-awaited speech from US Fed chair Janet Yellen, given the potential for sharp moves in prices depending on her remarks.
Vitesse Media looks to strong rebound in FY profitability
B2B events and digital media firm Vitesse Media has narrowed its first-half profit, and it is on track to report a strong recovery in profitability by the end of its financial year.
Europe close: Investors wary ahead of possibly key Fed speech
European stocks pushed lower as traders took some money off the table ahead of an eagerly-awaited speech by Federal Reserve Chair Janet Yellen the next day and following disappointing German data.
FX round-up: Sterling dips as market looks to Yellen's Friday soapbox
Sterling lost some of its attitude against main rivals on Thursday, but remains overall ahead for the week and ahead of US Federal Reserve chair Janet Yellen's Jackson Hole soapbox on Friday.
Bellzone Mining's Guinea ferronickel project financially viable
Iron, copper and nickel explorer Bellzone Mining’s technical study for its Guinea mine said ferronickel production was viable but it will cost £51m to get it started.
London close: Equities close in the red on pharmaceuticals, ex-divi stocks
The FTSE ended lower on Thursday, led by pharmaceutical shares and ex-dividend stocks.
Wey Education increases student numbers at online secondary school
Education consultancy and independent school operator Wey Education said it was on track to meet market expectations as it saw a strong organic growth of student numbers at schools.
Small caps round-up
Australian gold and copper miner SolGold’s shares soared 24% on Thursday ahead of its AIM share placing on Friday, as it said demand had been strong for its two capital raising initiatives. On 8 July and with a revised offer on 1 August, the company agreed to raise capital through a private placement with Maxit Capital, a financial advisor, of up to $36. 5m. Maxit Capital agreed to subscribe up 268. 8m shares at 0. 08 cents per ordinary share for proceeds of $21.
SolGold aims to raise further equity after Friday's share placing
Australian gold and copper miner SolGold’s shares soared 24% on Thursday ahead of its AIM share placing on Friday, as it said demand had been strong for its two capital raising initiatives.
Brick shortage could worsen housing crisis, estate agents warn
A shortage of bricks in the UK will continue to restrain supply and force house prices ever higher, according to a housing industry body, while the Brexit vote could further hamper building levels by squeezing imports and numbers of skilled construction workers.
Asia: Stocks end lower ahead of Jackson Hole
Asia stocks closed in the red on Thursday as traders held back ahead of the Federal Reserve’s Jackson Hole conference.
Director dealings: Burberry and BGEO directors take some profits
A pair of directors at Burberry and BGEO Group reaped hefty profits from selling shares on Thursday.
Fed's George says it's time to raise rates, CNBC reports
It was time to raise interest rates, albeit gradually, the president of the US Federal Reserve bank of Kansas City, Esther George, told CNBC.
Case for interest rate hike is strengthening, Fed's Kaplan says
The case for an interest rate hike was strengthening, a top US central bank official.
OptiBiotix Health reports wider first half loss
OptiBiotix Health’s shares dropped on Thursday as the medical product developer reported a wider first half loss.
EntertainmentOne plunges as ITV switches off
ITV has withdrawn its proposed acquisition of Entertainment One, refusing to up its offer for the Peppa Pig owner after its initial bid was rejected, potentially leaving the door open for rumoured private equity bidder KKR.