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Diversified Gas & Oil aims for December IPO
US-based Diversified Gas & Oil is to float on the London Stock Exchange's AIM junior market in December, as it seeks to raise about £48m ($60m) for further investment via a share placing.
Premier Oil reassures market over its loan position
Premier Oil said on Tuesday that it has received assurances that none of its senior lenders - including Lloyds Bank - have exited, or are proposing to exit, their loan position.
HgCapital makes undisclosed investment in Evaluate
HgCapital announced an investment in Evaluate, a London-based provider of commercial intelligence to the global life sciences industry, on Tuesday.
Wednesday preview: Sainsbury's reports first half results
J Sainsbury is expected to report a drop in first half earnings on Wednesday as the company integrates newly-acquired Argos and grapples with a weaker pound and competition among supermarkets.
Craneware making progress with pipeline of new product launches
AIM-listed software company Craneware, a provider of healthcare billing, auditing, chargemaster management and medicare compliance, said it had made progress in the first few months of the financial year, while accumulating a pipeline of new product launches.
Ceres Power revenues rise as it continues to develop
Ceres Power Holdings posted its final results for the year to 30 June on Tuesday, with total revenue and other operating income rising to £1. 67m from £0. 95m a year earlier.
Bank of England introduces new bailout rules
Bank of England has given UK lenders an additional two years to accrue enough funds so that they will not be reliant on taxpayer bailouts if they fail.
Revenue, earnings down at Getech as oil challenges continue
Oil services business Getech postes its preliminary results for the year to 31 July on Tuesday, with revenue of £7. 03m, a significant reduction from the £8. 64m reported last year.
Small businesses in US paralysed by political uncertainty
US election uncertainty paralysed decision-making by small US businesses, the results of a widely-followed survey showed.
Airbnb's London listings rise nearly threefold last year
Online property booking website Airbnb’s market share in London rose nearly threefold last year, according to a study published on Tuesday.
First Derivatives to enter retail analytics market
Financial technology provider First Derivatives is to enter the retail analytics market, using its Kx technology to develop solutions under a team of retail technology specialists recently recruited by the AIM-listed company.
Armadale reports 'promising' graphite carbon reuslts at Tanzania project
Natural resource investment company Armadale Capital reported that initial assay results were “promising” as it found high-grade graphite mineralisation up to 26% of total graphitic carbon at the Mahenge Liandu project in Tanzania.
CVS Health tanks as it downgrades full-year outlook
Shares in CVS Health Corp tanked on Tuesday after the pharmacy chain downgraded its outlook for the full year amid slowing prescription growth and on the back of recent pharmacy network changes.
Grafenia warns of extremely tough market in interim results
Grafenia posted its unaudited interim results for the six months to 30 September on Tuesday, with turnover falling year-on-year to £5. 14m from £5. 28m.
SocGen suggests ways to trade US election
Societe Generale put out a note on Tuesday that summarised potential trades that clients could make to win whichever way the US election result went.
Tesla Motors to buy Grohmann Engineering for undisclosed sum
Electric car maker Tesla Motors has entered into an agreement to buy Germany’s Grohmann Engineering for an undisclosed amount.
Trifast posts another record breaking six months
Trifast posted what it described as another record breaking six months on Tuesday, in its half-yearly financial report to 30 September, with a total revenue increase of 8. 1% at constant exchange rates to £89. 7m, or 14. 9% at actual exchange rates.
China October trade data points to challenging outlook, economists say
Chinese exports shrank at a slower pace in October but continued to point towards challenges ahead on the foreign trade front for the country.
Europe midday: Stocks waver as jitters set in ahead of US election
European stocks wavered in a tight range as investors opted for caution ahead of the US presidential election.
London midday: Stocks climb as investors eye Clinton presidency
London stocks edged higher on Tuesday as many analysts put Hillary Clinton as the likely victor of the US elections as voters headed to the polls.