Latest News
Numis 'baffled' by Metro Bank's valuation premium over sector
Broker Numis said the share price of Metro Bank was trading at a significant unjustified premium to the rest of the UK banking sector and so reiterated its 'sell' recommendation.
Kodal begins RC drilling as it finishes trenching at Bougouni
West Africa-focussed mineral exploration and development company Kodal Minerals announced the results of the recently-completed trenching campaign and update on high-grade rock chip samples returned from the ongoing exploration programme at the Bougouni Lithium Project in Southern Mali on Tuesday.
Dolphin Capital completes €27m disposal of Pearl Island share
Eastern Mediterranean-focussed high-end residential resort investor Dolphin Capital Investors announced the completion of the disposal of its 60% interest in Pearl Island, the private island development off the coast of Panama, to Grivalia Hospitality on Tuesday.
Coal of Africa narrows interim loss as it looks for further investments
Coal of Africa provided its interim financial statements for the six months to 31 December on Tuesday, continuing its record of no fatalities from the same period in 2015 and no lost time injuries recorded during the year.
Sula Iron & Gold raises £500,000 to extend Ferensola drill programme
AIM-listed multi-commodity explorer Sula Iron & Gold has raised about £500,000 to extend an ongoing diamond drilling programme at its Ferensola gold project in Sierra Leone.
RapidCloud surges after CEO and founder quits
Shares in RapidCloud International surged on Tuesday, as the web-solutions provider announced that founder Chee Han Wen ‘Raymond’ has resigned as chief executive and a member of the board with immediate effect.
Metminco upbeat on improved Miraflores resource estimate
Metminco announced on Tuesday that it received an updated and improved mineral resource estimate for the Miraflores gold deposit in Colombia prepared by Metal Mining Consultants based in Denver, Colorado, in accordance with the guidelines of the JORC Code.
Turkey imposes sanctions on Netherlands as tensions rise
Tensions between Turkey and the Netherlands were strained even further on Tuesday as Ankara imposed diplomatic sanctions over the decision to ban Turkish MPs from addressing rallies on Dutch soil.
Fed meeting to go ahead despite winter blizzard warnings
Rate-setters in the US would go ahead with their regularly scheduled two day policy meeting despite the blizzard that was expected to hit the eastern seaboard of the the country.
Headscarf ban ruled legal by European court
The European Court of Justice ruled on Tuesday that employers have the right to ban the wearing of Islamic headscarves in the workplace, on the basis of maintaining religious neutrality.
Kalibrate Technologies swings to a FY pre-tax profit as revenue falls
Shares in Kalibrate Technologies are down more than 8% as investors reacted to a partially currency-driven drop in first-half revenue, accompanied with a swing to pre-tax loss for the period.
London midday: Shares edge up as pound slumps on Brexit woes
Stocks in London were edging higher by midday on Tuesday, while the pound hit an eight-week low against the dollar after parliament approved the government's plan to kick off the process of leaving the European Union.
Europe midday: Stocks unchanged ahead of US rate hike; Dutch election eyed
European stocks were largely unchanged on Tuesday as investors priced in a US interest rate hike, while the Dutch election loomed.
Acacia Mining boosted by Peel Hunt upgrade
Acacia Mining got a boost on Tuesday as Peel Hunt upgraded its stance on the stock to 'hold' from 'reduce', noting that the group's two-year outlook has improved greatly and arguing that the recent concentrate ban is not as bad as it might seem.
Premier African Minerals' shares up as Circum Minerals gets Danakil mining licence
Shares in Premier African Minerals are up almost 4% after it confirmed Circum Minerals, in which it holds a 2% stake, had its mining licence for the Danakil Potash Project approved.
Bank of England deputy governor Charlotte Hogg resigns
Newly-appointed Bank of England deputy governor Charlotte Hogg resigned on Tuesday after MPs questioned her competence in failing to declare her brother worked at Barclays.
Asia report: Markets mixed as investors look to Fed
Markets in Asia finished mixed on Tuesday, as traders closed their wallets ahead of the US Federal Reserve’s two-day monetary policy meeting where interest rates were widely expected to rise.
Citi downgrades Amec Foster Wheeler following Wood Group takeover
Citi has downgraded Amec Foster Wheeler as it sees the oilfield services company having a more balanced risk/reward following the proposed takeover by rival Wood Group.
Investec sees FY operating profit and revenue rising
FTSE 250 wealth manager Investec said on Tuesday that it expects operating profit for the year to be "comfortably ahead" and revenue "well ahead" of the previous year.
Eagle Eye partners with TCC Global to deliver retail loyalty capaigns
Retail software company Eagle Eye and TCC Global, a retail marketing company, have teamed up to deliver digital loyalty campaigns for European retailers.