Latest News
Personal Group's shares rise as investors like outlook
Personal Group has posted reduced full-year revenue and pre-tax profit from continuing operations in a challenging year, but its shares rose as investors warmed to the company's 2017 outlook.
TomCo Energy creates Utah-based subsidiary
Oil shale explorer TomCo Energy has created a new Utah-based subsidiary company called TurboShale to develop and commercialise new technologies for processing oil shale.
Scottish Parliament expected to back indyref2
The Scottish Parliament is expected to back the Scottish Nationalist Party’s motion to hold a second independence referendum within two years.
Petrofac wins $1.3bn EPC contract with Kuwait Oil Company
Petrofac won a three-year contract worth roughly $1. 3bn from the Kuwait Oil Company to design and build a gathering centre in the Burgan oil field, in the south east of the country.
Silence Therapeutics' FY pre-tax loss widens in year of transition
Biotechnology company Silence Therapeutics says 2016 was a year of transition for the company and RNA interference (RNAi), as it posted a wider full-year pre-tax loss.
Results round-up: Wolseley, AA, Ladbrokes Coral, Card Factory
Plumbing and heating supplier Wolseley on Tuesday unveiled a name change, withdrawal from the Nordics and a fall in half year pre-tax profits.
Broker tips: Inmarsat, defensive and cyclical shares
Satellite communications services provider Inmarsat got a boost on Tuesday as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 1,000p from 760p.
London midday: Stocks flat as focus shifts to Brexit
London stocks gave up their earlier gains to remain flat by midday on Tuesday as investors sifted through corporate news and shifted their attention to Brexit a day before Prime Minister Theresa May triggers Article 50 to kick off formal divorce proceedings with the European Union.
Falanx Group launches new cyber threat detection platform
Cyber security firm Falanx Group has launched a new cyber threat detection platform, MidGard, which is expected to cut costs and gain new clients for the company.
Tasty's shares drop after warning on 2017 headline operating profit
Shares in Tasty are down about a third after it warned trading since its year end has been challenging and that headline operating profit for 2017 is likely to be below that of 2016.
Schroder REIT sells office property to University of Bristol
UK-focussed REIT Schroder announced that it exchanged unconditional contracts to sell St Augustine’s Courtyard in Bristol to the University of Bristol for £11. 75m.
Europe midday: Stocks slightly higher as Trump concerns subside
European stocks crawled slightly higher by noon on Tuesday, recovering from lows in the previous session amid little major local data as concerns subsided about US president Donald Trump ability to push through his fiscal policies.
IronRidge Resources enters joint venture with Major Star
IronRidge Resources announced on Tuesday that it signed a joint venture agreement with Major Star, which would grant IronRidge exclusive rights over an extensive portfolio and associated gold exploration targets in Ivory Coast, West Africa.
Proteome Sciences revenue rises in full year results
Proteome Sciences announced its audited results for the year to 31 December on Tuesday, with 46% revenue growth to £2. 74m, underpinned by a 57% increase in sales of ‘TMT’ reagents to £1. 39m.
Ladbrokes Coral sees more merger benefits
In its first full-year results as a merged company Ladbrokes Coral reported profits near the top end of forecasts and increased synergy targets, although the government's triennial review due in late spring remains a major cloud on the horizon.
Cyclone Debbie rips through Australia as police chief warns of fatalities
Australia has seen widespread destruction on its eastern coast as Cyclone Debbie made its away across the country, with police chiefs warning that there is likely to be deaths caused by the category-four storm.
Credit Suisse reiterates preference for Defensives
Strategists at Credit Suisse said they preferred Defensive shares over Cyclicals, albeit with one exception, financials, which led them to reiterate their 'benchmark' stance towards the former.
RBS reportedly offering better terms ahead of rights issue trial
Royal Bank of Scotland (RBS) has offered to pay millions of pounds more to shareholders suing it over the 2008 rights issue which preceded its collapse into government control, Sky News reported citing unnamed sources.
Mulberry Group, Challice Ltd launch Mulberry Asia
English luxury brand Mulberry Group's shares are down almost 1% after it announced the launch of Mulberry (Asia) Ltd.