Latest News
Solo Oil raises fresh funds from institutional investor
Solo Oil succeeded in raising £2. 0m from an institutional investor.
US consumer sentiment remains steady in September
Consumer sentiment in the US was steady in September, according to preliminary figures released on Friday.
Intel raises revenue expectations for third quarter
Technology giant Intel Corporation has bumped up its revenue forecasts for the third quarter, as demand for personal computers improves.
Paternoster Resources' half year pre-tax profit rises
Oil and gas investment company Paternoster Resources’ pre-tax profit increased as the company sold shares in existing mining investments.
UK overseas territories could face EU tax sanctions
Eight British overseas territories and crown dependencies could face EU economic sanctions for tax evasion, the Guardian reported on Friday.
S&P downgrades BAE Systems´s long-term debt
Standard and Poor´s downgraded its rating on the long-term debt of BAE Systems because of its weak debt metrics in the face of a substantial shortfall in its pensions.
Edenville Energy makes solid progress in first half
Edenville Energy, the company developing a coal to power project in south western Tanzania, posted a half-year report for the six months to 30 June on Friday.
FTSE 250 movers: SVG surges on full-year results while Acacia suffers
The FTSE 250 was in the green in Friday afternoon trading, after banking shares were rattled by news US authorities have asked Deutsche Bank for $14bn to settle an investigation.
Watchstone Group reports narrower first-half loss
Watchstone Group, the insurance technology firm formerly known as Quindell, reported a narrower loss for the first half as revenues grew.
Friday newspaper share tips: Morrisons, Atlas Mara
Wm Morrison has a lot going for it and quite a bit against it too, the Financial Times´s lex column cautioned.
Results round-up
SVG Capital posted its results for the six months to 31 July on Friday, with a net asset value per share of 735p at period end - a 12% increase in the six months.
Macquarie hikes target price on KAZ Minerals
Analysts at Macquarie hiked their target price on shares of KAZ Minerals ahead of what they described as a "key" debt refinancing which was expected before year-end 2016 which might act as a key catalyst for the stock.
Fyffes to raise €47m on the London and Irish stock exchanges.
Irish fruit and fresh produce company Fyffes raised about €47m through a share placing on the London and Irish stock exchanges.
US corporations urge European Union to overturn Apple tax decision
The heads at some of the most powerful corporations in the United States have urged the European Union to overturn its decision to demand €13bn in back taxes be paid from Apple to the Irish government.
Bank of Russia dashes hopes for quick rate cuts
Russia´s central bank loosened policy in response to a slowdown in the rate of price rises in the country, lower inflation expectations and unstable economic activity, but issued a hawkish statement which took some investors by surprise.
George Osborne commits to Northern Powerhouse project
Former Chancellor George Osborne confirmed he will remain in Parliament to concentrate on the Northern Powerhouse and “fight for things that I care about”.
GCP Student Living benefits from rise in international students
GCP Student Living, a UK based student accommodation provider, has almost doubled its full year revenue thanks to the rise in international students.
Greenspan warns of danger caused by "crazies" in US politics
The former chairman of the US Federal Reserve Alan Greenspan is afraid that "crazies" will undermine the country's economic and political standing.
Exxon faces investigation into accounts from New York Attorney General
US oil corporation Exxon Mobil Corp. is set to be investigated by New York Attorney General Eric Schneidermann over claims that the company has not written down the value of its assets.
Aura Energy raises £600,000 on Australian Stock Exchange
Uranium miner Aura Energy raised £607,050 (AU$1. 065m) on the Australian Stock Exchange, adding to funds recently raised on AIM, in order to progress with two projects and provide working capital.