Latest News
PhotonStar results darkened by Brexit
Intelligent lighting and building control designer and manufacturer PhotonStar LED Group announced a trading update for the year to 31 December on Friday.
MYCELX confident it will achieve full-year expectations
Patented water treatment solutions provider MYCELX Technologies posted a trading update on Monday, claiming that throughout 2016 it continued to demonstrate good operational progress with a recent contract award for a fifth installation of offshore water treatment equipment for a current customer.
Europe midday: Stocks in the red as investors assess Trump travel ban
European stocks were in the red on Monday, as investors’ assessed President Donald Trump’s curb on refugees and his travel ban on arrivals from predominantly Muslim countries entering the US.
US pre-open: Stocks seen slightly weaker as Trump policies digested
US futures pointed to a slightly weaker open on Wall Street as investors digested President Trump’s latest policy decisions and looked ahead to a busy week that includes a Federal Reserve rate decision and non-farm payrolls.
One Media iP makes 'Men & Motors' an autonomous firm
Digital media content provider One Media iP Group announced on Monday that it has registered Men & Motors as a limited company owned 100% by the group.
London midday: Stocks slide amid concern about Trump's travel ban
London stocks declined on Monday after US President Donald Trump announced a curb on refugees and a travel ban on arrivals from Muslim countries.
Asia report: Markets finish lower as Trump locks the gate
Markets in Asia finished lower on Monday, after a wild political weekend in the US as President Trump’s hugely controversial immigration policy put serious pressure on the greenback.
UK consumer confidence falls amid inflation angst, eurozone's improves
UK consumer confidence fell back in January, data from the European Commission has shown, while eurozone confidence was better than expected.
Hamon beats Valls to be Socialist candidate in France's presidential race
Leftwinger Benoît Hamon beat centrist former Prime Minister Manuel Valls to be the Socialist party’s candidate in the race to be the next President of France, while the country's 10-year bond yields leapt to their highest level since September 2015.
Electra Private Equity pockets £45m from Davies sale
Epiris, the portfolio manager of buyout fund Electra Private Equity, has sold insurance claims service provider Davies Group to US-based private equity firm HGGC for £90m.
Canaccord upgrades Chemring to 'buy' after full year results
Canaccord Genuity on Monday upgraded its rating on Chemring to ‘buy’ from ‘hold’ and raised the target price to 210p from 160p.
HgCapital offloads Zenith in £750m deal
HgCapital announced on Monday that it has agreed the sale of Zenith, the largest independent vehicle leasing business in the UK, to Bridgepoint in a transaction totalling £750m.
Conviviality makes dividend a double as acquisitions put fizz in profits
Alcoholic drinks retailer and wholesaler Conviviality doubled its interim dividend after after its acquisitions last year more than tripled first-half sales and almost quadrupled profits.
Yu Group maiden revenue to be 'slightly' ahead of expoctations
Gas and electricity supplier Yu Group anticipates maiden revenue for the year to be ahead of expectations, while it has moved to charge customers in arrears of energy, instead of in advance.
Purplebricks enjoys record monthly valuations in January
Online estate agent Purplebricks confirmed a record monthly level of valuations and instruction activity in January as it expects trading to show year-on-year growth.
YouGov first half of the year to be ahead of expectations
Market research firm YouGov said that trading in the first half of the year is expected to be ahead of expectations, due to growth in the data products and services divisions, boosted by weak sterling.
Aggreko shares fall on Deutsche Bank downgrade
Aggreko’s shares fell on Monday after Deutsche Bank cut its recommendation on the stock to ‘hold’ from ‘buy’ and lowered the target price to 1,000p from 1,050p.
Sopheon expects earnings to be ahead of expectations
Software and services provider Sopheon posted a trading update on its performance for the year to 31 December on Monday.
EasyJet flies lower on Cantor downgrade
Budget airline easyJet flew lower on Monday as Cantor Fitzgerald downgraded its stance on the stock to ‘hold’ from ‘buy’ saying it reckons the shares will trade in a fairly tight range for the next quarter.
Goldman upgrades DCC, highlights M&A growth
Goldman Sachs has upgraded DCC to ‘buy’ from ‘neutral’ and lifted the price target to 7,400p from 7,000p, saying recent underperformance provides an attractive entry point.