Latest News
Forbidden wins video contract with e-sports group Gfinity
Forbidden Technologies has won a contract with e-sports organiser Gfinity to provide its Forscene cloud-based video-editing software.
IXICO reduces FY loss
Shares in IXICO were up more than 3% as the company reported a first-half pre-tax loss of £793,000, an improvement from a loss of £1. 1m a year previous.
Metminco proceeding with Miraflores study after funding documents complete
Metminco issued a funding update on Monday morning, announcing that the documentation in relation to the convertible note facility of AUD 0. 75m with Redfield Asset Management and Redfield Advisory, as announced 3 April, was now complete.
London midday: Stocks maintain gains as Tory climbdown on social care hits pound
London stocks were holding onto gains by midday as the pound took a hit from domestic political turmoil after Prime Minister Theresa May was forced into a humiliating climbdown over her so-called 'dementia tax' manifesto policy less than a week after it was unveiled.
Asia report: Most markets higher as DPRK tests another missile
Most markets in Asia were higher on Monday, reacting to Wall Street’s Friday recovery with traders seeming to largely brush off another missile test from North Korea over the weekend.
Europe midday: Stocks slip amid gains for the euro
European markets have moved slightly lower ahead of this evening's meeting of euro area finance chiefs to discuss the disbursement of further aid and possible debt relief for Athens, amid renewed gains for the single currency.
Datatec sees FY revenue, pre-tax profit down
International ICT company Datatec's shares were flat mid morning as it posted falls in its full-year revenue and pre-tax profit.
Arsenal owner Kroenke issues formal rejection of Usmanov bid
Arsenal Football Club's 67% owner Stan Kroenke has officially rejected a rumoured £2bn takeover bid from Uzbeki billionaire shareholder Alisher Usmanov.
Eden Research shares fall after deeper full-year pre-tax loss
Eden Research's shares were sold almost 13% lower after its final results revealed lower revenue and a deeper pre-tax loss.
Mortice wins long-term contracts via new acquisition
Security and facilities management provider Mortice has won a pair of new long-term cleaning and waste contracts in new sectors.
JP Morgan reiterates overweight stance on euro area equities
Strategists at JP Morgan reiterated their 'overweight' stance on euro area stocks, telling clients that projections for profit growth in 2017 are not as stretched as might seem and recommending that they favour domestic names over exporters in light of expected weakness in the US dollar.
Macquarie raises target price on Cairn Energy, upgrades to 'outperform'
Analysts at Macquarie revised their target price on shares of Cairn Energy higher in anticipation of progress in Senegal and the start of cash flow generation in the North Sea.
Sula Iron & Gold issues 52.4m shares to Equity Drilling Ltd
Sula Iron & Gold has paid Equity Drilling Ltd for its 3783m of drilling on the Ferensola gold project in northern Sierra Leone, with a large portion of that payment in new shares.
RBS reportedly doubles offer to investors ahead of court case
Royal Bank of Scotland (RBS) has reportedly doubled its offer to disgruntled shareholders suing the firm over a 2008 rights issue only hours before a High Court case was due to start.
Buy British, consumer spending will hold up, Barclays says
Domestically-focused UK stocks are unloved and underpriced, but unjustifiably so, analysts at Barclays Research believe, as they predict that recent outperformance by the group will run further.
Intertek boosted by Kepler upgrade to 'buy'
Intertek got a boost on Monday as Kepler Cheuvreux lifted the stock to ‘buy’ from ‘hold’ and raised the price target to 4,600p from 3,935p ahead of the first-quarter results on 26 May.
Cerillion shares rise after improved H1 profit, dividend
AIM-quoted Cerillion's shares rose more than 4% as investors reacted warmly to its first-half results, which saw revenue, profit and dividend all improve.
Monday broker round-up
JD Wetherspoon: Citigroup downgrades to Neutral with a target price of 1030p.
House prices are not falling, finds Rightmove
House prices rose for the fifth month in a row in May, according to a new survey that runs counter to recent industry research based on sale completions.
Keywords Studios' Red Hot acquisition swells video game art unit
Keywords Studios has spent $6m buying a China-based company that specialises in video game art production.