Latest News
Plus500 agrees settlement with Belgian regulator
Online trading platform provider Plus500 has reached a €550,000 settlement agreement with the Belgium Financial Services and Markets Authority.
WS Atkins shares keep rising after activist Elliott confirms stake
The takeover of WS Atkins by Canadian rival may not be signed sealed and delivered quite yet, as US activist hedge fund Elliott Advisors has scooped up a 6. 8% stake in the London-listed engineering consultant .
Magnolia Petroleum to participate in 16 new US onshore wells
Oil and gas explorer Magnolia Petroleum is to participate in 16 new onshore wells in the Scoop and Stack plays in Oklahoma, the US.
SDX Energy extends Moroccan permits
North Africa-focussed oil and gas company SDX Energy updated the market on its Moroccan activities on Tuesday, reporting that the Lalla Mimouna Nord and Sud permits, covering an area of more than 2211 square kilometres in the Rharb Basin, were being extended until March 2018.
Stagecoach, Virgin and SNCF team up for west coast partnership rail franchise bid
Transport operators Stagecoach and Virgin Group have teamed up with French high speed operator SNCF to bid for the UK's West Coast rail franchise.
JP Morgan upgrades Weir Group to Outperform
JP Morgan revised its target price on shares of oil equipment manufacturer Weir Group, judging that it had been too cautious regarding the firm's near-term pricing power.
Unisys Corporation narrows loss in first quarter
Information technology company Unisys posted its first quarter financial results on Tuesday, reporting an operating profit margin of -0. 4%, up 370 basis points year-on-year.
Berenberg starts Ascential at 'buy'
Berenberg initiated coverage of B2B media comapny Ascential at 'buy' with a 400p price target.
88 Energy starts drilling at Alaska oil well
Oil and gas explorer 88 Energy has started drilling at its Icewine 2 production test well in the north slope of Alaska in the US,.
Europe open: Slights gains as investors monitor political developments in France
European stocks started the trading session on the front foot with the previous day's intense buying pressure carrying through into Tuesday, as investors monitor political developments in France and ahead of the European Central Bank's policy meeting later in the week.
French business sentiment steady in April
Business confidence in France was steady in April amid improved conditions in the factory sector, offset by a slip in service sector confidence.
Landshypotek Bank CEO to leave
Landshypotek Bank’s chief executive Liza Nyberg is to leave the member-owned Swedish mortgage lender in order to become chief executive of Collector AB and Collector Bank.
Tuesday newspaper round-up: Customs bill, banks, WS Atkins, business rates
Britain will have to settle a demand for €2 billion over its failure to tackle customs fraud before it can agree a post-Brexit trade deal with the EU, senior Brussels sources have said. European officials believe that HM Revenue & Customs is failing to curb Chinese crime gangs that systematically undervalue goods imported into the EU through Dover and Felixstowe, avoiding billions of pounds in customs duty and VAT. - The Times.
Premier Oil refinancing deal on track as holders enter lock-up agreement
Premier Oil said on Tuesday that holders of more than 75% of its $245m convertible bonds have entered into a lock-up agreement, which commits them to vote in favour of the proposed refinancing on the terms of that agreement.
Amec Foster Wheeler confirms no dividend after 2016 earnings fall
Amec Foster Wheeler posted its final, audited results for the 2016 year on Tuesday, confirming they were “in line” with the 13 March update it released last month.
Nostrum gearing up for GTU3 completion, KTO connection
Pre-Caspian Basin-focussed independent oil and gas company Nostrum Oil & Gas released its operational update for the three month period to 31 March on Tuesday, ahead of the release of Nostrum's consolidated accounts for the same period.
Carpetright sees FY profit at lower end of market expectations
Specialist carpet and floor coverings retailer Carpetright said on Tuesday that its full-year profit is expected to be towards the lower end of the current range of market expectations for underlying pre-tax profit of £13. 9m to £16. 2m.
Micro Focus makes changes to board pending £7bn merger with HP's software business
Micro Focus International announced changes to its board and management team due to its pending £7bn merger with Hewlett Packard Enterprises’ software business.
Elementis says strong Q1 to drive operating profit growth
Speciality chemicals group Elementis said it was on track to grow full year operating profit across its three segments after a positive first quarter of 2017.
Virgin Money remains 'strong' in first quarter trading
Retail bank Virgin Money released a trading statement on its first quarter on Tuesday, claiming continued “strong progress” as gross mortgage lending reached £2bn for a market share of 3. 4%.