Market Pulse
Aura Energy successfully lists on AIM
Aura Energy advised on Monday that it has successfully gained admission to the London Stock Exchange AIM market.
Abcam earnings dip slightly in year of investment
Life science research tool supplier Abcam announced its preliminary results for the year to 30 June on Monday, with catalogue revenue increasing by 17. 4% on a reported basis to £159. 0m.
Fed's Lockhart refrains from comments on timing of next rate hike
A top US rate-setter avoided making any remarks on the possible exact timing of the next interest rate hike by the country's central bank.
White collar crime prosecutions are being extended to employers
New laws could mean company bosses will be prosecuted for not stopping their staff from committing fraud amongst other white collar crimes.
Horizon Pharma to buy Raptor Phartmaceutical in $800m deal
Dublin-based Horizon Pharma has agreed to buy Raptor Pharmaceutical in a deal valued at around $800m.
Buoyant Irish property market boosts Green REIT
Irish property investment company Green REIT announced its results for the year to 30 June on Monday.
Central Asia Metals benefits from currency devaluation
Central Asia Metals, a copper producer with operations in Kazakhstan and Chile, reported an increase in pre-tax profit in the first half as it achieved cost savings due to the depreciation of Kazakhstan’s currency.
City regulator facing legal action from companies affected by RBS restructuring
Lawyers representing hundreds of London businesses are threatening the Financial Conduct Authority over its delayed report into the Royal Bank of Scotland's restructuring.
Europe midday: Stocks push lower as Fed rate hike expectations grow
European stocks lost ground on Monday amid growing concern the Federal Reserve will raise interest rates at its next policy meeting.
US pre-open: Stocks seen lower amid rate hike expectations
US futures pointed to another downbeat session on Wall Street amid growing expectations the Federal Reserve might hike interest rates at its next policy meeting.
Bank of England deputy governor Shafik leaves to join LSE
A deputy governor of the Bank of England, Nemat ‘Minouche’ Shafik, is to leave after just two years to join the London School of Economics (LSE) as director.
London midday: Stocks fall on US interest rate hike worries
London stocks declined on Monday amid worries of an interest rate hike by the Federal Reserve.
Restore posts impressive rise in first-half earnings
UK office services provider, Restore announced its unaudited half year results for the six month period to 30 June on Monday, with adjusted revenue rising 26% to £55. 4m.
Safestay sinks below NAV after interim loss grows
Safestay, the 'boutique hostel' chain founded by serial entrepreneur Larry Lipman, more than doubled sales in the first half but reported a larger loss before tax.
Real Good Food baking up maiden dividend
Real Good Food revealed that it is planning on paying a first dividend next year and that trading at its bakery and cake decorating businesses has been satisfactory.
Starboard Value take 4.6% stake in Perrigo, urges it to focus on core business
Activist investor group Starboard Value has spent $600m to buy a 4. 6% stake of pharmaceutical company Perrigo, before chastising the Dublin-registered company for its management practices.
EKF Diagnostics boosts earnings in first half
Point-of-care business EKF Diagnostics Holdings announced its unaudited interim results for the six months to 30 June on Monday, ahead of market expectations.
British Chambers of Commerce downgrade UK economic forecasts
The UK economy is forecast to slow to a crawl next year as consumer spending weakens and uncertainty sees businesses hold back from investment, according to the first calculations by the British Chambers of Commerce (BCC) since the Brexit vote.
Esure said to unveil GoCompare demerger this week
Motor insurance group Esure is reportedly set to unveil plans this week for the demerger of its price comparison business, GoCompare.
Anglo Asian Mining returns to profit but reduces gold production target
Azerbaijani gold, copper and silver explorer Anglo Asian Mining returned to profit in the first half of the year, but reduced its target gold production.