Market Pulse
Iofina increases iodine production by over 88%
Iofina has increased its third quarter iodine production by 88. 7% compared to last year, but the company said figures were slightly impacted by maintenance work.
Alternative Networks proposes higher dividend after revenue growth
Alternative Networks is proposing a higher dividend as it saw solid growth for the year.
Ladbrokes completes Coral merger financing
Ladbrokes has signed a £1. 35bn facility to provide financing for its proposed merger with Coral.
London open: Stocks rise after BoE, ECB and Fed meeting minutes
London stocks were in positive territory on Friday as investors continued to analyse policy meeting minutes from the Bank of England, European Central Bank and the Federal Reserve.
Glencore to cut annual zinc production by a third amid falling prices
Shares in commodities trader Glencore rallied on Friday as investors welcomed its decision to cut 500,000 tonnes or around a third of its annual zinc production as it looks to combat declining prices.
Europe open: Stocks rise as investors welcome dovish signals from the Fed
European stocks rose, taking their cue from a positive session in the US following dovish signals from the Federal Reserve.
Blinkx says first half performance was in line with expectations
Internet media company Blinkx said it expects its performance for the first six months of the year to be in line with expectations.
Renewable Energy receives takeover approach
Renewable Energy Generation said it has received a non-binding approach for its trading subsidiaries, representing the business, assets and undertakings of REG.
Vedanta Resources first half production rises in most commodities
Vedanta Resources posted a rise in first half production across most of its commodities, as it said net debt at the end of the quarter is expected to be below $8bn and expressed confidence that it will meet its covenants as at the end of September.
Concha appoints former JP Morgan executive
Richard Tray has been appointed to Concha’s senior executive management team, the investment group confirmed on Friday.
New prospecting license awarded to Botswana Diamonds joint venture
The Botswana Government have awarded new prospecting license to Sunland Minerals, a joint venture between Botswana Diamonds and Alrosa.
UK government trims Lloyds stake to just under 11%
The UK government has cut its stake in Lloyds Banking Group by a further 1% to just under 11%.
