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Small caps news round-up
Russia focused gold explorer Eurasia Mining reported a maiden reserve calculation at its Semonvsky tailing project, which is in partnership with Metal Tiger. The AIM-listed company reported a calculation for the mine under the Russian system of reserves assessment standards.
H&R Block drops to bottom of leaderboard after quarterly results
Tax-service firm H&R Block´s quarterly results were wide of expectations, sending its shares to the bottom of the pile on the S&P 500.
Crude oil futures slide after weekly US inventory data
Crude oil and product inventories Stateside were all higher during the latest reference week, according to the US government.
FTSE 100 movers: Miners dive as banks, insurers progress
Mining stocks were headed lower in an overall negative session on the FTSE 100, with gold and three-month industrial metals prices southbound as silver and copper eased ahead.
London midday: Stocks fall as mining shares slide
UK equities declined on Wednesday as the pound rebounded and mining stocks slumped.
£42m cocaine haul found at Coca-Cola plant
A Coca-Cola plant in France is under investigation after cocaine with a street value of £42m was found hidden in a container that had arrived from South America.
Eurasia Mining reports maiden reserve tailings calculations for Russian project
Russia focused gold explorer Eurasia Mining reported a maiden reserve calculation at its Semonvsky tailing project, which is in partnerhsip with Metal Tiger.
Petroneft comes up dry at Sibkrayevskoye, reports production decline
Petroneft saw production at one of its two licenses decline and reported that a major step out well had come up dry and would be plugged.
US open: Stocks fall as investors shrug off upbeat private payrolls data
US stocks fell on Wednesday as investors shrugged off better-than-expected private payrolls data and looked ahead to the more important non-farm payrolls report.
US pending home sales rise more than expected in July
US pending home sales rose more than expected in July, but June’s figure was revised down, according to data from the National Association of Realtors (NAR).
Gilts at session highs after BoE Gilt reverse auction
The Bank of England´s latest Gilt reverse auction was well bid, drawing offers worth 3. 19 times the £1. 17bn of debt the central bank bought back.
Results round-up
Marine services group James Fisher said it expected to return to growth in the second half and produce "a good improvement" in the full year as new contracts and acquisitions aid the revival after further falls in revenue and profits in the first half.
Bottle left half empty at Brown Forman by weak emerging markets
Brown-Forman saw sales and profits dip at the beginning of its new fiscal year after it disposed of some of its brands and as a result of difficult comparators with 2015.
Director dealings: Restaurant Group director buying offers little support
Restaurant Group director Mike Tye followed his chairwoman's recent purchase and picked up his first shares in the beleaguered owner of the Frankie & Benny's and Garfunkels chains, though both deals are already well under water.
Arria NLG launches financial analyst in-a-box for SMEs
Arria NLG has launched a new artificial intelligence software tool to help small and medium sized businesses quickly translate complicated accounts into "instant financial insights" in simple language.
HSS Hire trims interim loss as key customer accounts grow
HSS Hire Group reported a smaller loss in the first half of the year and said trading in the third quarter was ahead of last year, but analysts and investors remained cautious.
Chicago PMI declines more than expected
Economic activity in the Chicago area deteriorated more than expected in August.
Irish government set to take its time on Apple appeal decision
Irish Taoiseach Enda Kenny has said that the cabinet is prepared to take more time to decide whether to appeal against the EU's ruling that it must be paid backtaxes from Apple to the tune of €13bn.
Exova Group posts H1 profit, wary on Oil & Gas, Industrials operations
Testing and advisory services company Exova Group has booked a profit of £20. 1m for the first half, from £18. 3m a year ago, and raised its interim dividend up to 1. 05p a share, from 1p.