Latest News
FTSE 100 movers: Smurfit lifted by Goldman note; utilities slump
London's FTSE 100 was up 2. 1% to 7,2634. 30 in afternoon trade as investors welcomed the outcome of the first round of France's Presidential elections.
Stratex completes Altintepe disposal
Turkey and Africa-focussed gold exploration and development company Stratex International announced that it completed the disposal of its 45% interest in the Altıntepe Gold Mine in Turkey to its joint venture partners, for an aggregate cash receipt of $8m.
Share Plc views 2017 prospects positively
Share Plc said it continues to view its prospects for 2017 very positively and was well positioned for year-on-year revenue and earnings growth.
Eurozone banks is where the money is, JP Morgan says
Emmanuel Macron's win at the weekend could spark an up to 10% re-rating in Eurozone equities in comparison to US stocks, strategists at JP Morgan said.
Smurfit Kappa discount from 'temporary' margin squeeze attracts Goldman
Goldman Sachs recommended clients 'buy' Smurfitt Kappa on Monday after the shares fell by around 7% over the past month to open an attractive entry point, while Jefferies also rated the Irish packaging company highly.
Results round-up: Fishing Republic, FairFX, Nasstar
Shares in Fishing Republic are up almost 6% after its full-year pre-tax before exceptional items rose 32% to £403,000, from £305,000 previously.
Broker tips: Centrica, Smurfitt Kappa, currencies, eurozone stocks
British Gas owner Centrica was under the cosh on Monday amid reports that the Conservative manifesto will include a cap on household energy bills, with UBS saying the snap election in June makes an energy tariff cap more likely.
Greek bonds rally as EU confirms 2016 primary surplus at 4.2% of GDP
Greek government bonds rallied sharply after Brussels confirmed that Athens soundly beat its public deficit targets for 2016.
NetScientific's sells stake in cancer treatment platform
Healthcare intellectual property commercialisation firm NetScientific’s portfolio company Wanda has sold its stake in OncoVerse to BTG, a pharmaceutical, for an undisclosed sum.
Urals Energy reorganises subsidiaries, sees tax advantages
AIM-listed Urals Energy has completed an international reorganisation of its subsidiaries which will streamline the management of the group and allow it to gain "modest tax advantages".
Empyrean Energy to raise £2.7m to support acquisition of oil and gas services company
AIM-listed Empyrean Energy is to raise up to £2. 7m to support the acquisition of a 20% stake in West Natuna Exploration, an oil and gas services company operating in Indonesia.
Consortium wants to test driverless cars on motorways
Driverless cars could be zooming up and down the country’s roads and motorways within the next two years, if a consortium of British businesses was to be believed on Monday.
UK manufacturing sector seeing beginning of slowdown, CBI trends show
UK manufacturers enjoyed strong domestic and export demand in the first quarter but see a slowdown ahead, according to an industrial trends survey.
Tritax Big Box REIT to raise £200m to fund investment opportunities
Tritax Big Box Real Estate Investment Trust is to raise £200m in equity in order to capitilise on property investment opportunities.
Goldman Sachs sees upside risks to production at Centamin
Analysts at Goldman Sachs told clients Centamin was their top-pick in the precious metals space as its open pit grade begins to ramp up in the second quarter of 2017 - with posible upside to production targets - and ahead of the likely return to investors of most of its cash.
Berkeley Energia updates on pre-construction site activity at Salamanca
Shares in Berkeley Energia managed minor gains after it said pre-construction site-based activities were advancing at its 100% owned Salamanca mine in western Spain.
Snapchat and Instagram favoured by teenagers as Twitter struggles
Teenagers nowadays prefer Snapchat and Instagram over the likes of Facebook and Twitter, new research has shown.
WANdisco surges after winning its largest contract ever
Shares in WANdisco surged on Monday after the cloud computing company announced it has won a $4. 1m contract, its largest ever, with a financial services multinational.
French presidential election to mark start of dollar slide, HSBC says
Analysts at HSBC said the French presidential election could be a positive catalyst for the euro as markets moved to price-in less political risk and greater economic upside in the eurozone, but increased political uncertainty in the US would be negative for the dollar.
Three apologises after large weekend outage
Mobile phone network Three UK issued an apology to its customers on Monday, after a number of them were left unable to use their service on Saturday afternoon.