Latest News
FTSE 250 movers: Elementis gains on acquisition, Just Eat slumps
London’s FTSE 250 was up 0. 4% to 18,698. 12 in afternoon trade.
Premier African Minerals investment upbeat on updated resource
Mining, exploration and production company Premier African Minerals announced on Friday that Circum Minerals, in which Premier holds two million shares - equivalent to an interest of approximately 2% - had posted an updated presentation on its website.
BT's continental Europe chief quits amid Italy scandal fallout - report
Telecoms giant BT Group's continental Europe chief, Corrado Sciolla, has resigned amid the fallout of an accounting scandal at its Italian business, a report says.
Greek two-year bond yields drop sharply on hopes of deal with IMF
Greek bond yields dropped sharply on reports that the country's euro area lenders and the International Monetary Fund might be closer to agreeing on the next steps which the government in Athens must take.
S&U shares rise as it notes strong, in-line trading
S&U says its trading remained strong and in line with market expectations during the period 8 December, 2016, to 31 January, sparking an almost 4% rise in its shares.
FTSE 100 movers: Miners shine on China data; RBS drops
London’s FTSE 100 was up 0. 5% to 7,263. 56 in afternoon trade as investors digested better-than-expected UK data on trade and industrial production.
Telefonica considers multiple offers for equity stakes in Telxius
Spanish telecoms giant Telefonica says it has received several offers for the acquisition of an equity stake in subsidiary Telxius Telecom Ltd.
US January import prices rise as drag from overseas ebbs
Import price inflation Stateside edged higher in January as the cost of fuel sourced from overseas continued to push higher.
Former Rolls-Royce chief reportedly questioned in SFO investigation
Former Rolls-Royce chief executive John Rose has been reportedly questioned by Britain’s Serious Fraud Office in a bribery investigation.
Rio Tinto appoints three non-exec independent directors
Shares Rio Tinto are up more than 3% after the mining giant confirmed the appointment of three oil- and energy-sector heavyweights to the boards of London-quoted Rio Tinto Plc and Australia-listed Rio Tinto Ltd.
Telecom Plus sells stake in energy business to Drax Group for £71m
FTSE 250 listed gas, electricity and broadband provider Telecom Plus has completed the sale of its 20% stake in Opus Energy Group to Drax Group, a electrical power generation firm, for about £71m.
Redx Pharma raises £7m to development cancer and leukaemia treatments
AIM-listed drug discovery firm Redx Pharma has raised about £7. 18m in equity in order to support the development of its cancer and leukaemia treatments as it transitions to a clinical stage company.
UBS slashes projections for BT Group's 2017-19 equity free cash flows
UBS marked down shares of BT following the group's recent profit warning, telling clients it remained wary of various other possible sources of risk too.
Faroe Petroleum's production rises while it softens outlook for 2017
Oil and gas explorer Faroe Petroleum production and reserve base increase in 2016 boosted by acquisitions to its Norway portfolio, while it softened its outlook for 2017.
British Gas to extend price freeze until August
Centrica’s British Gas said on Friday that it will extend its price freeze on gas and electricity for customers on its standard energy tariff until August.
UBS revises target price on Ashmore Group higher
UBS bumped up its target price on shares of Ashmore Group following its most recent interims and a detailed analysis of its quarterly gross inflows.
European Metals Holdings posts more positivity from Cinovec
European Metals Holdings announced analytical results for the final three drill holes completed under the recently-completed drilling programme at the Cinovec Main sector on Friday.
European Wealth anticipating strong full-year results
European Wealth Group posted a trading update for the year to 31 December on Friday, reporting it expected revenue to be “significantly higher” than in 2015.
Broker tips: Dunelm, Sage, Greene King
Dunelm Group’s shares advanced on Friday as Numis upgraded the stock to ‘buy’ from ‘add’ and reiterated a target price of 825p.
FinnAust welcomes regulatory changes in Greenland
Greenland and Finland-focussed mining company FinnAust Mining announced on Friday that the Government of Greenland had amended the standard terms for Exploration Licences for Minerals in Greenland.