Latest News
FTSE 100 movers: Intu gains on upgrade; miners drop on China data
London's FTSE 100 was up 0. 2% to 7,314. 65 in afternoon trade as investors digested centrist and pro-European Emmanuel Macron's win in the in French presidential election.
Citigroup downgrades BBA Aviation to 'neutral'
BBA Aviation has been downgraded to 'neutral' from 'buy' by Citigroup, with the US bank highlighting recent turbulence in foreign currency markets and a 66% jump in the share price over the past twelve months as reasons to chart a lower flight-path for the stock.
General election coverage on BBC to include seven-way TV debate
The BBC will broadcast a live television debate with spokespeople from seven political parties ahead of the 8 June UK general election, as well as a special Question Time episode in which Theresa May and Jeremy Corbyn will be present.
Savannah Petroleum subsidiary inks rig contract
Savannah Petroleum said a subsidiary has signed a formal rig contract with Great Wall Drilling Company Niger SARL (GWDC) for Rig GWDC 215.
Tuesday preview: William Hill and Hiscox face first quarterly hurdle
Tuesday continues a quiet week, as a slight lull in the corporate calendar and dearth of major economic announcements combine before the action warms up later in the week with a busy 'Super Thursday' from the Bank of England.
Anglo Asian completes phase II drilling at Ugur
Gold, copper and silver producer Anglo Asian Mining announced the completion of phase II core drilling and additional development progress at its Ugur gold deposit - located on the company's Gedabek licence area in Western Azerbaijan - on Monday, ahead of targeted first mining in the fourth quarter.
Europa Oil upbeat on competent person's report
UK and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas announced the results of an independent competent person's report on Monday, prepared by ERC Equipoise, including estimates of gross mean unrisked prospective resources of 553 mmboe across two new pre-rift prospects, Ervine and Edgeworth, in licensing option 16/2, offshore Atlantic Ireland.
Intercede launches fingerprint login for WordPress
Digital identity and credentials expert Intercede announced the launch of RapID Secure Login on Monday, a plugin for the WordPress content management system that enables administrators and subscribers to log into websites and blogs with fingerprints instead of usernames and passwords.
Straight Path spectrum battle erupts as mystery bidder usurps AT&T deal
Mobile telecoms specialist Straight Path Communications has received a rival takeover offer from an undisclosed "multi-national telecommunications company", which looks to usurp its recently agreed deal with AT&T.
Results round-up
British Gas owner Centrica said energy consumption has been lower than expected in the UK and North America so far in 2017 due to warmer than normal weather and that UK wholesale oil, gas and power prices have all fallen since it announced results in February.
Broker tips: Pearson, BBA Aviation
Deutsche Bank is sounding a somewhat cautious note on the outlook for Pearson until the company provides greater detail on its cost-cutting plans.
BofA ML marks up euro area GDP, expects premature ECB exit
Economists at Bank of America-Merrill Lynch bumped up their growth forecasts for the euro area this year, but a slight slowdown is seen in 2018, with inflation even set to stray even further from the European Central Bank's target amid political challenges in France, Italy and Spain.
CML Microsystems sees FY pretax profit ahead of market views
Shares in CML Microsystems are up almost 8% after stating it performed well in the second half of the year, with pretax profit for the full year seen above market views.
Brexit talks period will not give City firms enough time to reorganise - report
The two year Brexit negotiation period will not be enough time for financial firms to reorganise themselves in an orderly way, according a report published on Monday.
Eckoh finishes year in line with expectations
Secure payment product and consumer contact solutions provider Eckoh updated the market on its trading for the year to 31 March on Monday, confirming it was “comfortably” in line with market expectations, with revenue and margin growing by over 20% for the fourth year in succession.
MediaZest completes major project for Clydesdale and Yorkshire Banks
Shares in MediaZest have stormed almost 20% higher after stating it has recently completed a substantial project for Clydesdale and Yorkshire Banks.
Warren Buffett calls Trumpcare 'huge tax cut for guys like me'
Famed US investor Warren Buffett referred to the healthcare reforms passed by the House of Representatives last week as a "huge tax cut for guys like me" during a shareholder meeting of his Berkshire Hathaway firm.
Starcom confirms AGM for 30 May
Remote tracking, monitoring and protection wireless solutions developer Starcom confirmed on Monday that it has posted to shareholders its annual report for the year ended 31 December 2016.
Kate Spade surges on $2.4bn Coach deal
Shares in Kate Spade surged in pre-market trade as Coach signed an agreement to acquire the company in a deal worth $2. 4bn.
Petro Matad's shares fall after work-programme funding update
Petro Matad's shares fell more than 10% after Bergen Global Opportunity Fund agreed to provide $20m-$45m of funding, which would secure the company's firm work programme for its 100%-owned Block IV and V production sharing contracts in Mongolia for 2017 and 2018.