Latest News
Craneware reports on year of growth
Provider of ‘value cycle’ solutions to the US healthcare market, Craneware, announced its results for the year ended 30 June on Tuesday, with the total contract value in the year reaching record levels of $82. 3m, up from $72. 9m a year earlier.
Small cap news round-up
Gemstones producer and developer Richland Resources announced its interim results for the half year ended 30 June on Tuesday.
Richland Resources achieves second quarter production goal
Gemstones producer and developer Richland Resources announced its interim results for the half year ended 30 June on Tuesday.
Tuesday newspaper share tips: Lloyds, Aldermore, Hunting
Lloyd's Banking Group will continue to struggle as downgrades from two brokers showed, sending its shares promptly lower, according to The Telegraph's Questor column.
Fitch reaffirms long-term credit rating on Segro at BBB+
Ratings agency Fitch gave its blessing to Segro´s recent cash raise on 2 September, reaffirming the property developer´s long-term credit rating at BBB+.
Results round-up
Redrow surged on Tuesday as the FTSE 250 housebuilder reported a jump in pre-tax profit for the full year as revenue grew and the company lifted its dividend.
FTSE 250 movers: Redrow stock booms while Sophos Group slumps
The FTSE 250 was trading just in the green on Tuesday afternoon, as investors awaited the Bank of England’s inflation report hearing.
EVR Holdings' subsidiary MelodyVR partners with Telefónica in Germany
Virtual reality content creator EVR Holdings’ subsidiary MelodyVR penned a strategic partnership with Telefónica Germany to showcase its application.
Wednesday preview: Carney speaks at inflation report hearing
Bank of England Governor Mark Carney faces questioning over his recent boost to stimulus measures at the inflation report hearing on Wednesday.
FTSE 100 movers: StanChart slumps on Barclays downgrade; Berkeley builds gains
London’s FTSE 100 index was down 0. 4% to 6,852. 27 in afternoon trade.
Allergan buys assets of gene therapy company RetroSense for $60m
Pharmaceutical group Allergan has acquired almost all the assets of privately-held biotechnology company RetroSense for $60m upfront.
Enbridge to buy Spectra Energy in CAD37bn deal
Canadian pipeline company Enbridge Inc has agreed to buy Houston-based Spectra Energy in an all-stock deal valued at approximately CAD37bn.
Mobile Streams gains popularity in India
Mobile streams, a mobile content retailer, announced that its Indian subsidiary has reached over 50,000 active subscribers.
Citi still sees value in Big Oil
Big Oil still offered value for investors, analysts at Citi said.
Sierra Rutile's proposed merger with Iluka hits snag in Germany
Shares in Mineral sands producer Sierra Rutile fell nearly 17% on Tuesday morning as it was announced that its proposed $375m merger with Australian zinc miner Iluka Resources is to be delayed by a German regulator calling for a longer review of the deal.
Anglo American´s diamonds fetch 19% more in seventh sales cycle
The value of Anglo American´s rough diamond sales jumped by 19% to reach $630m during De Beers´ seventh sales cycle of 2016.
Danaher to acquire Cepheid in $4bn deal
US manufacturing company Danaher Corp. is set to buy molecular diagnostics firm Cepheid in a deal worth around $4bn including debt.
Iran to continue increasing oil output capacity, crude futures slip
Iran stood ready to continue increasing its production, possibly taking it past its pre-sanction levels towards the beginning of 2017.
Serica Energy provides update on restarted Erskine production
Serica Energy updated the market on its operations on Tuesday, after Lomond platform operator Shell advised that the issues concerning the re-commissioning of the platform’s export facilities have been resolved.
Tasty reports first half loss following impairment costs
Tasty, a UK restaurant operator, reported on Tuesday a loss in the first half due to impairment costs for five of its sites.