Market Pulse
Lower oil prices sees Frontera losses widen
Independent oil and gas exploration and production company Frontera Resources released its financial results for the first half of 2016 on Friday.
Atlantis Resources reports on six months of dealmaking
Vertically integrated turbine supplier and project owner in the tidal power industry Atlantis Resources announced its unaudited interim results for the six months to 30 June on Friday - its first under its new reporting currency of sterling.
Norish shares get a boost from interim numbers
Norish announces its interim results for the six months to 30 June on Friday, with total revenue increasing to £15. 6m, from £11. 8m in the first half of 2015.
Amur Minerals shares up as board updates on development
Amur Minerals posted its interim results for the six months to 30 June on Friday - another period of nil revenue as its continued its development activities.
US personal consumption slows more than expected in August
Consumer spending was slightly lower than expected in August, alongside larger-than-expected increases in prices.
Dalata Hotel buys operating interest in Hilton's Double Tree hotel in Ireland
AIM-listed Irish hotel operator Dalata Hotel Group agreed to buy the operating interest in four star Double Tree by Hilton hotel in Dublin for €2. 5m, and will start a 25 year lease with the new property’s owners.
Trans-Siberian Gold benefits from depreciation of Russian Rouble
Trans-Siberian Gold, a Russia-based mining company, reported an increase in profits in the first half due to a fall in costs brought on by the depreciation of the Russian rouble against the US dollar.
Management Resource Solutions completes AU$6.12m acquisition of SubZero
Oil and gas service provider Management Resource Solutions (MRS) completed the acquisition of several assets from SubZero Group, an Australian mining service company, for about AU$6. 12m.
Advanced Oncotherapy raises £10m to fund first proton clinic in London
AIM-listed Advanced Oncotherapy raised £10m from a share placing to fund the development of the first proton therapy centre in London.
Alecto Minerals shares plummet despite board confidence
Africa-focused gold and base metal exploration and development company Alecto Minerals announced its unaudited interim results for the six months to 30 June on Friday, with revenue rising to £0. 11m, from £0. 04m year-on-year.
Europe midday: Stocks in the red but off lows as Deutsche Bank CEO reassures
European stocks were weaker but off earlier lows by midday, with Deutsche Bank still firmly in focus.
Ambrian shares drop on interim numbers
Ambrian announced its unaudited consolidated results for the six months to 30 June on Friday, with a loss before tax and impairment charge of $3. 58m, narrowing year-on-year from $8. 78m.
Serica Energy losses widen due to production shut-down
Serica Energy announced its interim financial results for the six months to30 June on Friday, posting a net loss after tax for of $2. 8m, widening from $0. 64m year-on-year, as a result of the field shut-in during the period.
US pre-open: Stocks seen slightly lower, with Deutsche still in focus
US futures pointed to negative open on Wall Street as worries about Deutsche Bank and the broader financial sector continued to weigh on investors’ minds, although losses looked set to be fairly limited after Thursday’s decline.
Asia report: Most markets lower on Deutche Bank blues
Markets in Asia fell on Friday, ending the quarter on a sour note after concerns about Deutsche Bank kept investor jitters at the fore.
Helios Underwriting's profit rises as it plans further acquisitions
AIM-listed Helios Underwriting, a constituent of the Lloyd’s insurance market, reported a rise in profit as it plans to raise about £8. 2m from a share placing and open offer to make further acquisitions.
London pre-open: Stocks seen lower amid concerns about Deutsche Bank
London stocks were set to open lower on Friday amid growing concerns about Deutsche Bank and the broader financial sector.
Eurozone inflation doubles in September
Inflation in the eurozone doubled in September to 0. 4%, in line with expectations, as the impact of weaker energy prices began to fade, according to a flash estimate from Eurostat.
Eurozone unemployment rate steady in August
The eurozone unemployment rate was steady compared to the previous month at 10. 1% in August, according to the latest figures from Eurostat.
