Latest News
Metal Tiger confirms substantial new copper zone
Shares in Metal Tiger roared more than 10% higher after it confirmed a substantial new copper zone below the T3 Resource in the Kalahari Copper Belt.
StatPro wins €3m contract with European asset manager
Shares in StatPro are up almost 1% after it won a six-year contract with a leading European asset manager for a minimum value of roughly €3m.
Juppé confirms he will not run for French presidency
Former French prime minister Alain Juppé confirmed on Monday he will not run for the presidency, despite suggestions that he would replace embattled Les Républicains candidate François Fillon.
SacOil agrees to acquire Phembani Oil Proprietary for c.$15.4m
South Africa-based independent African oil and gas company SacOil has agreed to acquire 100% of Phembani Oil Proprietary Ltd for up to a maximum of R200m, or about $15. 4m.
Abcam revenue surges by almost a third
Life science research tools supplier Abcam announced its interim results for the six months to 31 December on Monday, with total revenue growth of 30. 4% on a reported basis to £102. 5m, and 10. 0% on a constant currency basis.
Barratt Developments sells off 172-unit central London portfolio
Housebuilder Barratt Developments has sold a central London residential portfolio of 172 units for £140. 5m to Henderson Park and Greystar.
Ultimate Products begins life as listed firm
Branded consumer goods group UP Global Sourcing Holdings was admitted to the premium listing segment of the Official List of the Financial Conduct Authority on Monday, as well as to trading on the main market of the London Stock Exchange.
ShoreCap downgrades JD Wetherspoon to 'sell'
Shore Capital has downgraded pub group JD Wetherspoon to ‘sell’ from ‘hold’, saying the aggressive re-rating beyond past metrics leaves investors exposed should margins not recover towards 10% in the medium term.
Japan on high alert after North Korea fires multiple missiles
North Korea shows no signs of slowing down its nuclear programme after four ballistic missiles were fired into the sea near Japanese territory early on Monday.
BT pays £1.2bn to extend Champions League and Europa rights
BT Group said on Monday it would pay £1. 18bn for the rights to broadcast all UEFA Champions League and Europa League football until the 2021 season.
Satellite Solutions Worldwide to buy Australian and Norwegian assets for £1.8m
Broadband provider Satellite Solutions Worldwide Group is to buy BorderNET Internet in Australia and the customer bases of NextNet and AS Distriktsnett in Norway all for a combined £1. 8m in cash and shares, bringing an additional 5,500 customers in total.
No EU perks for UK after Brexit - Hollande
French president François Hollande has maintained a tough stance on the UK's exit from the European Union, saying it would lose membership benefits once the Brexit process has been finalised.
Devro shifts focus back towards growth
Devro said it would aim at growing revenues again now that it had concluded the construction and start-up of its new plants in China and the US.
HSBC sees Berendsen's UK investment costing more
HSBC has downgraded Berendsen to ‘hold’ from ‘buy’ and chopped its target price to 940p from 1,070p as it believes that the commercial laundry company's proposed investment in the UK is going to cost more than management currently calculate.
Europe open: Crude oil futures, Deutsche Bank weigh on stocks
European stocks began the week on a mixed note as crude oil futures dropped back and a fall in Deutsche Bank stock weighed on Germany's Dax index and financials more broadly.
Acacia Mining shares hit by Jefferies downgrade
Acacia Mining was under the cosh as Jefferies downgraded the stock to ‘hold’ from ‘buy’ and cut the price target to 475p from 575p.
Liberum downgrades Go-Ahead to 'hold'
Liberum has downgraded transport operator Go-Ahead to ‘hold’ from ‘buy’ and cut the price target to 2,100p from 2,440p, saying it now assumes no value or earnings from the Govia Thameslink Railway franchise.
London open: Stocks edge lower despite M&A news
London stocks edged lower in early trade as investors sifted through corporate releases and considered the prospect of a US rate hike, although deal news failed to provide any sort of inspiration.
Abzena's antibody moves to phase two trial
One of life-science company Abzena’s composite human antibody is to move to a phase two clinical trial.
Union Jack to buy additional interest in Wressle field
Onshore oil and gas production and exploration group Union Jack Oil has signed a sale and purchase agreement with Celtique Energie Petroleum to acquire a further 3. 33% interest in the Wressle oil project and the Broughton North exploration prospect for £600,000.