Market Pulse
Armadale Capital agrees final terms to sale of Mpokoto Gold Project
Africa-focussed natural resources investment company Armadale Capital has entered into a final formal sale agreement with African Royalty Company - a related company to Arrow Mining - for the sale of the Mpokoto Gold Project in the Democratic Republic of the Congo.
Active Energy signs letter of intent for North Carolina 'CoalSwitch' plant
Renewable energy and forestry management business Active Energy updated the market on its plans for the completion of the first industrial-scale ‘CoalSwitch’ production facility on Friday.
Demand for deluxe range helps lift Christmas sales at Lidl
Lidl enjoyed a decent uptick in its Christmas sales in 2018, it announced on Friday, as British shoppers hunted for luxury products at bargain prices.
Debenhams keeps Bucher as CEO after Sports Direct coup
Debenhams chief executive and chairman have been voted off the board after its largest shareholder ambushed the embattled department store group at its annual general meeting.
Altitude Group raising £7m, agrees to buy promotional products trade group
Personalised products marketplace operator Altitude Group has entered into a binding asset purchase agreement for the acquisition of the membership-based trade group of the independent promotional products distributors business of Advertising Industry Mastermind Group for a maximum consideration of $5m, it announced on Friday.
Ei Group agrees disposal of 370 properties for £348m
Pub operator Ei Group said on Friday that it has agreed to dispose of 370 properties to Tavern Propco Limited for £348m in cash, a significant proportion of which will be used to reduce debt.
Moss Bros sees FY loss in line with market views as discounting hits margins
Moss Bros said on Friday that it expects to make a full-year loss in line with market forecasts as margins are getting squeezed by discounting.
Quiz warns on profits again after difficult Christmas
Fast fashion brand Quiz warned over full-year revenue and profits on Friday following a difficult Christmas period.
Lighthouse blinks after in-line trading update
Financial advisory outfit Lighthouse Group expects to report an in line performance from its recently wrapped up trading year late next month.
Rose Petroleum acquires further acreage at Utah project
Natural resources company Rose Petroleum has acquired a 75% working interest in an additional 1,920 acres adjacent to its Gunnison Valley acreage in Utah's Paradox Basin.
London open: Housebuilders pace the advance as investors eye raft of data
London stocks edged up in early trade on Friday, taking their cue from an upbeat session on Wall Street as investors eyed a raft of UK data releases.
Grafton expects to pip analyst forecasts for full year
Even though the rate of growth slow in the last two months of the year, builders merchant Grafton Group expects adjusted profits to be slightly ahead of the top end of analyst expectations.
Hoskins out, John Worth in as Hastings finance chief
Hastings Group announced on Friday that Richard Hoskins, who had been with the business since April 2015, was retiring from his position as group chief financial officer.
London pre-open: Stocks to edge up ahead of data slew
London stocks were set to edge higher at the open on Friday, taking their cue from an upbeat session on Wall Street as investors eye a raft of UK data releases.
US close: Markets finish higher despite lingering shutdown concerns
Wall Street trading reversed earlier losses to finish in positive territory on Thursday, amid concerns about the ongoing government shutdown and after weaker-than-forecast Chinese inflation data.