Latest News
US pre-open: Stocks set for muted start as Fed speakers eyed
US futures pointed to a muted open on Wall Street as investors looked ahead to speeches from Federal Reserve officials.
ZincOx operating loss widens amid viability concerns
ZincOx Resources announced its unaudited half yearly results for the six months to 30 June on Wednesday, with revenue of $0. 64m more than doubling from the $0. 29m in the 2015 interim period.
Premier African Minerals shares down on interim results
Multi-commodity mining and resource development company Premier African Minerals announced its unaudited interim results for the six months to 30 June on Tuesday afternoon, with revenue of $0. 13m rising from $0. 1m in the year to December 2015, and nil revenue in the first six months of last year.
AB Inbev and SABMiller shareholders approve takeover deal
SABMiller shareholders on Wednesday approved a $100bn takeover offer by Anheuser-Busch InBev.
Aquatic Foods flops after dividend chopped
Chinese seafood processor and producer Aquatic Foods sliced its interim dividend and is mulling the full year payout due to current difficult market conditions, though margins had stabilised.
Game Digital boosts cash with sale-and-leaseback of HQ
Game Digital has agreed to sell its head office and distribution centre freehold for £13. 5m in a sale-and-leaseback deal.
Moss Bros reports jump in profits as revamp bears fruit
Men’s tailoring retailer Moss Bros reported a jump in profit in the six months to the end of July and “encouraging” trading in the eight weeks to 24 September as the company's revamp bears fruit.
Ibex Global Solutions' revenue rises due to new contract wins
Contact centre provider Ibex Global Solutions’ full year revenue grew due to new contract wins as it improved operations in Pakistan and Senegal.
Wells Fargo chief to lose $41m after fake account scandal
John Stumpf, the embattled chief executive officer of US bank Wells Fargo, is set to have $41m of his compensation clawed back in the fallout from the company's fake account scandal.
WANdisco appoints California-based CFO
AIM-listed 'big data' software company WANdisco appointed industry veteran Erik Miller chief financial officer and a director of the board with immediate effect on Wednesday.
EasyHotel announces placing to fund roll-out strategy
EasyHotel has announced plans to place up to 38m new ordinary shares at 100p per share to fund its owned hotel roll-out strategy.
Asia report: Markets mixed as yen strengthens further
Markets in Asia ended mixed on Wednesday, with a stronger yen sending Japanese shares southwards.
Phoenix Group to buy Abbey Life from Deutsche Bank
Phoenix Group has agreed to buy Abbey Life from Deutsche Bank subsidiary Deutsche Holdings for £935m in cash.
Stobart appoints Mark Adams as CFO
Infrastructure and support services firm Stobart Group has appointed Mark Adams as chief financial officer with effect from 28 November.
UK Mail surges on Deutsche Post deal
Shares in UK Mail Group surged on Wednesday after Deutsche Post agreed to buy the integrated mail and parcel operator for 440p per share, valuing the company at £242. 7m.
Petrofac boosted by Goldman upgrade to 'buy'
Petrofac got a boost on Wednesday as Goldman Sachs upgraded the stock to ‘buy’ from ‘neutral’ and lifted the price target to 1,066p from 912p.
Canaccord cuts Bonmarche to 'hold' from 'buy'
Clothing retailer Bonmarche shares was under the cosh on Wednesday after Canaccord Genuity cut its rating to ‘hold’ from ‘buy’ and lowered its target price to 90p from 160p.
Walmart in negotiations for $1 billion Flipkart investment
US retail giant Walmart has reportedly entered negotiations to take a stake in India's Flipkart Online Services, in a deal reported to be valued at around $1bn.
State aid is out of the question, Deutsche Bank boss tells Bild
Deutsche Bank´s boss denied the German lender had asked for or queried Chancellor Angela Merkel about possible financial aid.
Europe open: Stocks push higher as Deutsche Bank recovers
European stocks rose in early trade, boosted by solid gains in the banking sector as Deutsche Bank recovered from recent losses.