Market Pulse
Orogen Gold to start drilling at Silverton
Precious metals exploration company Orogen Gold announced on Thursday that it has signed a drilling contract for an initial programme of reverse circulation drill testing on Galileo Resources’ Silverton property in Nevada, United States.
Snapchat gear ups for IPO with hire of Morgan Stanley and Goldman Sachs
Mobile messaging app Snapchat has taken a further step towards an initial public offering, as it has hired Morgan Stanley and Goldman Sachs as its bankers for the process, according to reports.
Goldstone Resources shares fall as employment dispute reported
Shares in AIM-listed miner Goldstone Resources dropped nearly 12% on Thursday morning after it was revealed that a former director made a large cash claim against the company over his termination.
Europe midday: Stocks decline as miners slump on China data
European stocks fell on Thursday as weak Chinese trade data weighed on the basic resources sector.
GB Group reveals Chris Clark as new CEO
GB Group announced the appointment of Chris Clark as its new CEO on Thursday, replacing Richard Law, who is retiring from the board after 14 years as chief.
Arbuthnot claims solid quarter as it takes on more bankers
Arbuthnot Banking Group issued an update of trading for the three months to 30 September on Thursday, claiming it continued to trade well during the quarter.
Vianet's reports first-half growth as pub closures abate
First-half trading at Vianet Group, the leisure and vending sector service provider, has topped the performance from last year and the board perceived signs that the rate of pub closures was slowing down.
Cambridge Cognition confirms series of new contracts
Neuroscience company Cambridge Cognition Holdings announced a series of new contracts worth more than £0. 25m on Thursday, to assess - through CANTAB Connect - the abuse potential of investigational drugs in a new market application for the company.
Sterling weakness gives Polar Capital a boost
Specialist asset management group Polar Capital Holdings posted a quarterly update of its unaudited assets under management on Thursday.
EnQuest raises £82m in financial restructure
EnQuest announced the launch of a proposed issuance of equity on Thursday, by way of a placing and open offer of 356,738,114 new ordinary shares.
Renishaw Q1 revenue up but profit down; to shut diagnostics unit
High-precision metrology and healthcare manufacturer Renishaw reported a jump in first-quarter revenue but a drop in profit, as it announced plans to discontinue operations at its diagnostics unit.
CloudBuy to create online marketplace for Singapore's UOB bank
CloudBuy, the cloud-based ecommerce software supplier, has agreed a five-year deal with United Overseas Bank to develop a new online marketplace for the Asian bank’s customers.
Game Digital FY profit drops amid challenging UK console market
Game Digital reported a big drop in full-year profit as revenue declined amid a challenging UK trading environment, particularly in consoles.
Trump faces wave of sexual assault allegations
Donald Trump's US presidential campaign is coming under further pressure as various allegations of inappropriate sexual conduct have been made against him by several women, less than a month before voters go to the polls.
US pre-open: Stocks set for weaker open after China data, Fed
US futures pointed to a weaker open on Wall Street following the release of disappointing Chinese trade data and as investors continued to assess Wednesday’s Federal Reserve minutes.
John Stumpf steps down as CEO of Wells Fargo
Embattled Wells Fargo CEO John Stumpf has resigned from his position effective immediately in the wake of the fake account scandal which rocked the US bank last month.
London open: Stocks in the red as miners drop on China data
Equity markets in London fell in early trade as miners took a hit from uninspiring Chinese data, and after the latest Federal Reserve minutes suggested a December rate hike was on the cards.
Asia report: Weak Chinese data sees markets end mixed
Markets in Asia finished mixed on Thursday, with weak trade data from China dragging some benchmarks lower.
Imperial Innovations' increases investments as pre-tax loss widens
Imperial Innovations' annual pre-tax loss widened while the technology commercialisation and investment company increased investments across its business with universities and a joint venture.
Porta Communications announces management reshuffle
Porta Communications, an AIM listed communications and marketing group, announced changes to its board of directors on Thursday as chairman Bob Morton stepped down from his role.