Latest News
Supreme Court to give judgment on Brexit case next Tuesday
The judgement on the landmark Supreme Court case on whether the Prime Minister can trigger formal Brexit negotiations using royal prerogative, will be made on 24 January.
Armadale Capital raises £0.65m through placing
Africa-focused natural resources investment company Armadale Capital announced on Wednesday that it has raised £0. 65m through the placing of 26,030,000 new ordinary shares of 0. 1p each in the capital of the company, at a price of 2. 5p per ordinary share with new and existing investors in the UK and Australia.
US industrial production jumps in December
US industrial production jumped at the tail-end of 2016 as utilities output soared, albeit amid downwards revisions for data from prior months.
Director dealing: Numis founder Hemsley sells £6m of stock
Oliver Hemsley has sold £5. 8m worth of shares in Numis, the stockbroker which he founded and helmed for a quarter of century before stepping down last year.
U+I teams up with Colony NorthStar on refurbished portfolio
Mixed-use property regeneration specialist U+I, along with a controlled affiliate of global real estate and investment management firm Colony NorthStar announced the creation of a joint venture platform to invest in the London City Region, Manchester and Dublin office markets on Wednesday.
NAHL trades in line with 2016 expectations
Legal marketing and services business NAHL posted a trading update for the year to 31 December on Wednesday, confirming it traded in line with board expectations.
Angus Energy completes Brockham upgrade works
Angus Energy confirmed on Wednesday that, further to its 15 December announcement, site upgrade works to the production bunds were now complete and well intervention continues on site at Brockham.
FTSE 100 movers: Burberry shines on update but Pearson tanks
London’s FTSE 100 was up 0. 2% to 7,235. 79 in afternoon trade, with updates from Burberry and Pearson in focus.
Broker tips: Pearson, Inmarsat, Intercontinental Hotels
Liberum said Pearson's major profit warning and accelerated plans to recover from the US higher education challenges to protect the dividend were "too little, too late".
Thursday preview: Royal Mail reports third quarter trading update
Royal Mail’s third quarter trading update on Thursday is expected to show the London-listed company achieved strong volumes in parcel deliveries, offset by a decline in the struggling letters business.
Goldman Sachs beats analysts' estimates
Investment bank Goldman Sachs reported its fourth quarter earnings on Wednesday, comfortably exceeding forecasts from analysts to earn $5. 08 per share on revenue of $8. 17bn.
Brent crude futures fall as IEA chief forecasts higher supplies
Then current oil prices would definitely trigger a "strong" supply response from US alternative oil producers, the chief of the rich-world´s energy watchdog said.
Rotala secures three new contracts
AIM-listed bus operator Rotala announced on Wednesday that it has won three new contracts in the UK.
IMF chief Lagarde warns global middle class could soon be in 'crisis'
Christine Lagarde, the head of the International Monetary Fund, has said that the middle classes of the global economy are close to crisis.
Chipmaker Qualcomm to face antitrust lawsuit in US
The Federal Trade Commission in the United States has decided to bring an antitrust lawsuit against Qualcomm Inc, a major producer of microchip technology for smartphones.
Management Resource Solutions reports larger loss, turns down new meeting request
Management Resource Solutions has turned down a requisition for another general meeting due to a legal loophole and reported that pre-tax losses more than tripled last year.
Low-margin consoles push GAME Digital Christmas lower
GAME Digital updated the market on trading ahead of its annual general meeting on Wednesday morning, with group gross transaction value over the peak Christmas trading weeks down 1. 6%.
US drug prices should increase: Pfizer CEO Read
The CEO of Pfizer, one of the largest pharmaceutical firms in the United States, has said that the best way to make drug prices in the country more competitive is by initially increasing them.
RBC Capital cuts Hochschild Mining target but eyes key March update
RBC Capital Markets cut its target price for Hochschild Mining shares on disappointment with the South America-focused precious metals miner's fourth quarter production numbers, but said March will see a key update.
Motif Bio appoints former investment banker as CFO
AIM and Nasdaq-listed antibiotics developer Motif Bio appointed pharmaceutical veteran and former investment banker Robert Dickey as chief financial officer.