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Rose Petroleum updates on 3d seismic survey for Paradox Basin
Shares in Rose Petroleum are down 4% after a consultation process slightly delayed the permitting process for a proposed 3D seismic survey in the Paradox Basin, Utah.
Shire first-quarter revenue rises, reiterates 2017 guidance
Shire, which completed its $32bn merger with Baxalta last June, reported a 109% surge in revenues for the first quarter as it said it was on course to achieve its full-year guidance.
N Brown looks a less risky 'buy', HSBC says
N Brown's full year results showed progress with the plan to transform the clothes retailer into an online heavyweight, said HSBC, upgrading the shares to a 'buy' rating.
Alitalia to start bankruptcy proceedings
Italian airline Alitalia said on Tuesday that it will formally request to enter bankruptcy proceedings after its employees opposed a restructuring plan.
Liberty House to create 300 new steel jobs
Liberty House, which has formally completed its £100m acquisition of Tata Steel's Speciality Steel division, is set to create 300 new jobs in South Yorkshire.
EU Supply confirms contract win for CTMTM platform
E-procurement software provider EU Supply has contracted with Sogn & Fjordane County Council and participating municipalities in Norway for up to 28 local and regional authorities and other public sector bodies to use its CTMTM platform.
Europe midday: Stocks gain further on strong manufacturing, labour data
Europe's main equity indices approached monthly highs by midday on Tuesday, buoyed by strong manufacturing and employment data gains.
Innovaderma acquires IP rights to Prolong
Shares in Innovaderma are down more than 2% after it acquired the entire share capital of Ergon Medical Ltd, owner of the intellectual property rights for Prolong.
Civitas Social Housing acquires portfolio for £11m
Civitas Social Housing has completed the purchase of a portfolio of regulated social housing for £11m, comprising the freehold interest in 10 supported living properties, with 55 tenancies, in the West Midlands, South East and East of England.
Old Mutual eyes furthers costs from OMW platform contract switch
Old Mutual reported its Old Mutual Wealth arm has spent £330m transforming its investment platform and after cancelling a contact to build a proprietary system and move to an outsourced alternative, will need to spend another £120-160m.
KEFI Minerals makes progress with Ethiopia courts
Gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, KEFI Minerals, updated the market on legal proceedings regarding an inherited claim for damages on Tuesday - particularly that a ruling by the Federal Supreme Court of Ethiopia had drastically reduced the firm’s potential legacy liabilities.
London midday: Stocks in the black after upbeat manufacturing data
London stocks were holding on to gains by midday, while the pound ticked higher following the release of upbeat UK manufacturing data.
Brexit putting UK nuclear industry, energy supplies 'at risk' - MPs
The government's push towards Brexit had left the UK's nuclear industry and future energy supply at risk, a committee of MPs warned on Tuesday.
Eurozone unemployment holds steady at 8-year low in March
Unemployment in the eurozone was steady in March, holding at its lowest level in more than eight years, according to data from Eurostat.
Bluejay Mining notes Disko project licence renewal
Shares in Bluejay Mining are down about 1% as the Government of Greenland renewed the exploration licence for the company's Disko-Nuussuaq Magmatic Massive Sulphide Nickel-Copper-Platinum Project for a further five years to 31 December 2021.
Shawbrook's solid start hit by unwanted costs from Pollen bid
Shawbrook has reported a solid first quarter, while the challenger bank's board announced more details about why it continues to recommend shareholders reject a buyout offer from Pollen Street and BC Partners.
US pre-open: Stocks seen flat as investors eye Apple earnings
US futures suggested a mixed open on Wall Street after the Nasdaq closed at a record high the day before, as investors awaited results from technology giant Apple.
UK manufacturing activity spikes to three-year high
UK manufacturing activity was much stronger than expected in April, according to a survey published on Tuesday, as companies restocked rapidly as input price pressures remained high but continued to retreat from their peak.
Oakley Capital Investments' Fund III acquires Plesk
Oakley Capital Investments Ltd has completed a deal to acquire the assets and operations of Plesk via Oakley Capital Private Equity III (Fund III).
Greece agrees new bailout terms with creditors
Greece finalised a deal with its creditors that will allow it to access the next tranche of its €86bn bailout, said Finance Minister Euclid Tsakalotos after an all-night session of talks.