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Latest News
16 Feb
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Asia report: Markets finish mixed as Toshiba tumble continues

Markets in Asia finished mixed on Thursday, once again failing to match the heady highs seen in the US overnight, with technology conglomerate Toshiba continuing its big tumble.

16 Feb
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Primary Health Properties lifts FY NAV, divi as pre-tax profit slips

Primary Health Properties has improved its full-year net asset value per share and dividend, as pre-tax profit slipped, in what it billed as a year of significant milestones.

16 Feb
Thursday broker round-up

QinetiQ: Canaccord downgrades to Hold with a target price of 285p.

16 Feb
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Yahoo agrees price cut on Verizon deal following hacks - reports

Internet firm Yahoo Inc. has reportedly agreed renegotiated terms on its agreement to have its core internet operations taken over by telecoms giant Verizon Communications, including a price cut of the original value of the deal.

16 Feb
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Huntsworth improves investor relations with profit upgrade

Public relation group Huntsworth has revealed 2016 trading was ahead of consensus forecasts thanks to strong growth at its health communications arm.

16 Feb
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Infrastructure India's cargo volumes weakened by demonetisation

Shares in Infrastructure India tumbled on Thursday after saying cargo volumes have gradually improved since demonetisation by the Indian government, but recovery to prior levels depends on the rebound of the manufacturing sector.

16 Feb
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Versarien signs Nanene distribution deal with Lansdowne Chemicals

AIM-listed advanced materials company Versarien has inked a six-month distribution agreement with Lansdowne Chemicals for its new graphene brand, Nanene.

16 Feb
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Avation improves H1 pre-tax profit

Shares in Avation are up more than 5% after it hiked its first-half pretax profit by 51% to $8. 4m, and said it is well positioned for the second half of the year.

16 Feb
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US pre-open: Stocks seen touch weaker as investors pause for breath

US futures pointed to a flat to slightly lower open on Wall Street, with investors set to pause for breath after indices closed at record highs on Wednesday for the fifth session in a row.

16 Feb
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MTI Wireless Edge remains strong through broadband struggles

Flat panel antenna manufacturer MTI Wireless Edge announced its audited results for the year to 31 December on Thursday, with revenues increased by 19% to $23. 3m.

16 Feb
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Client issues see SimiGon perform below expectations

Simulation training solutions provider SimiGon updated the market on its trading for the year to 31 December on Thursday, ahead of announcing its final results for the period in April.

16 Feb
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Spending on eating out remains resilient as inflation crunch looms

In the normally quiet month for the pubs and restaurant sector, sales data for January was positive overall and showed casual dining chains enjoying a continued recovery.

16 Feb
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Panmure initiates coverage of challenger banks

Panmure Gordon initiated coverage on several challenger banks on Thursday, highlighting a preference for specialist lenders as they have avoided direct competition with large UK banks and offer high growth and returns at attractive valuations.

16 Feb
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Zytronic's revenue ahead of last year

Touch screen technology manufacturer Zytronic’s revenue for the year to date was ahead of the previous year.

16 Feb
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Deutsche sees near-term consolidation in European equities, stays UW cyclicals

Deutsche Bank expects European equity markets to consolidate in the near term, before the normalisation in macro momentum and a more balanced sentiment picture offer a better entry point later in the first half.

16 Feb
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Cobham issues fifth profit warning after balance sheet review

Cobham warned on profits for the fifth time in just over a year, as it made further extensive write-downs after judging its balance sheet is "clearly not strong enough".

16 Feb
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London open: Stocks nudge lower as investors mull corporate news

London equities nudged lower in early trade as several big income stocks went ex-dividend and investors sifted through corporate news, awaiting fresh catalysts.

16 Feb
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EG Solutions wins £692,000 public sector contract

Shares soared in EG Solutions after the back office technology company said it had won a £692,000 contract to implement its operational intelligence software within the public sector.

16 Feb
Qinetiq, defence, bomb detection equipment, military
Canaccord downgrades Qinetiq, says shares up with events

Canaccord Genuity downgraded defence technology specialist Qinetiq to ‘hold’ from ‘buy’ as it noted the company’s solid third-quarter update on Wednesday but said shares were up with events.

16 Feb
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French unemployment dips at the start of 2017

The French jobs market improved in the fourth quarter amid a large decline in youth unemployment.