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Latest News
21 Oct
haima
Hong Kong hit by Typhoon Haima as stock markets close

Financial markets in Hong Kong have been closed and flights in the region have been disrupted due to gale-force winds caused by Typhoon Haima.

21 Oct
libra 630 inglaterra uk pound
Bushveld Minerals completes £0.75m placing

Bushveld Minerals announced on Friday that it has placed 53,571,430 new ordinary shares of 1p each in the company, at a price of 1. 4p each, raising gross proceeds of £0. 75m.

21 Oct
tony rice dechra pharmaceuticals
Dechra Pharmaceuticals says Q1 performance in line

Dechra Pharmaceuticals said its first-quarter performance was in line with management's views and that all of its recent acquisitions were performing well.

21 Oct
union-europea-banderas
Europe midday: Stocks waver amid earnings as euro weakens

European stocks wavered as investors sifted through more earnings, with the euro still under pressure against the dollar following European Central Bank chief Mario Draghi’s comments on Thursday.

21 Oct
Westminster, London, politics, government, Big Ben
London midday: Stocks rise as investors shrug off bigger UK deficit

London stocks rose on Friday as oil prices recovered and as investors shrugged off weak data on Britain’s public finances.

21 Oct
handshake
Petrofac confirms appointment of Alastair Cochran as CFO

Petrofac confirmed the appointment of Alastair Cochran as chief financial officer and executive director, succeeding Tim Weller, with effect from Thursday 20 October.

21 Oct
cash money sterling pay deal offer acquisition m&a
UDG Healthcare buys STEM Marketing for up to £84m

UDG Healthcare has acquired STEM Marketing, a provider of commercial, marketing and medical audits to pharmaceutical companies, for up to £84m in a deal that is expected to be immediately accretive to earnings.

21 Oct
Providence Resources to pay £1.1m to Transocean Drilling UK after court ruling

Providence Resources is to pay Transocean Drilling UK Ltd a sum of $1. 1m in relation to a court case brought by the latter over the use of a semi-submersible drilling unit on the Barryroe oilfield, offshore Ireland.

21 Oct
haima
Asia report: Mother nature sends markets downwards

Asian markets finished Friday mostly in the red, with a string of natural disasters hitting the region - a typhoon in Hong Kong and the Philippines, and an earthquake in Japan.

21 Oct
wall street
US pre-open: Stocks seen touch weaker ahead of more earnings, Fed speeches

US futures pointed a marginally weaker open on Wall Street as investors eyed the release of more earnings reports and speeches by Federal Reserve officials.

21 Oct
Starcom raises £300,000 for interim working capital

Starcom says it has raised £300,000 at 2. 5p a share with the proceeds to provide additional working capital, citing delays in payments expected late in 2016.

21 Oct
Money cash dollars
Ottoman Fund's former CFO indicted for alleged theft of $1m

AIM-listed Ottoman Fund’s former chief financial officer Ahmet Sinan Kalpakçıoğlu has been indicted for alleged aggravated theft of over $1m by a Turkish court.

21 Oct
Intercontinental Hotels Group, IHG, Holiday Inn, leisure
InterContinental Hotels revenue growth hit by FX in Q3

FTSE 100 InterContinental Hotels Group's third quarter revenue increased with a strong performance seen in China, but was affected by the strength of the US dollar and volatility in foreign exchange markets.

21 Oct
globe_symbol_radar-261x300
Bagir says trading in line with market views

Innovative tailoring company Bagir says it is trading in line with market expectations for this financial year.

21 Oct
trump-refute-les-accusations-proferees-par-plusieurs-femmes
Trump jeered at bipartisan Catholic fundraiser after Clinton jibe

The US presidential election campaign stooped to a new low on Thursday night as the normally laid-back Alfred E Smith Catholic fundraiser was filled with jeers as candidates Donald Trump and Hillary Clinton exchanged insults.

21 Oct
laura ashley
Laura Ashley to cease concessions in Homebase stores

Laura Ashley Holdings says it is ceasing to trade in its concessions in Homebase stores following that company's acquisition by Wesfarmers.

21 Oct
Bricks by Alan Levine (Flickr)
Michelmersh Brick Holdings set back by falling prices

Michelmersh Brick Holdings, an AIM listed specialist brick manufacturer and landfill company, have fallen behind on achieving their expected pricing gains in the second half due to average selling prices falling short and a rise in competition.

21 Oct
internet computers
Canaccord downgrades NCC Group to 'sell'

Canaccord Genuity cut its rating on NCC Group to ‘sell’ from ‘hold on Friday and lowered its target price to 194p from 297p after the cyber security company warned that profit growth will be hit by "a number of setbacks".

21 Oct
platinum
Jubilee Platinum's Q3 chromite concentrate production rises

AIM-listed explorer Jubilee Platinum’s subsidiary Jubilee Tailings Treatment Company reported that chromite concentrate production rose during the third quarter while construction of a platinum processing plant “continues to progress to schedule”.

21 Oct
libra 630 inglaterra uk pound
Sierra Rutile production well ahead in third quarter

Sierra Rutile posted an operational update for the third quarter of 2016 on Friday, with strong quarterly production at 43,081 tonnes of rutile.