Market Pulse
Abcam accquires Californian antibodies manufacturer
Antibody supplier Abcam has acquired Californian monoclonal antibodies manufacturer Calico Biolabs for an undisclosed amount.
Stocks Spirits backer orders another round of changes
Almost three years after ousting one Stock Spirits chief executive, the distillery company's top shareholder is again looking to shake and stir things up.
BATM confirms $30m funding agreement for Ador venture
Networking and medical laboratory technologies provider BATM Advanced Communications has signed a conditional subscription and shareholders' agreement for an investment of up to $30m, it announced on Monday, to provide additional funds for the commercialisation of the molecular biology-based solutions being developed by Ador Diagnostics - its joint venture with Gamida for Life.
Highlands Natural Resources begins full gas sales from East Denver
Highlands Natural Resources announced on Monday that gas sales from all eight wells at the East Denver project had now begun, following completion of the gas pipeline.
Destiny Pharma sees success in latest trial of XF-73 nasal gel
Clinical stage biotechnology company Destiny Pharma announced positive data and the non-irritant classification for its XF-73 nasal gel on Monday.
Flybe board puts support behind chair in Hosking dispute
Flybe shares took off in early trade on Monday after the group threw its weight behind chairman Simon Laffin just days after a major shareholder called for his resignation.
RDI beats retail apocalypse with three new lettings
RDI REIT has agreed three new “high quality” lettings at two of its retail parks, it announced on Monday, delivering an average uplift of 40% on gross annualised rents reported for the year ended 31 August.
Sound Energy pleased with development progress at Tendrara
Morocco-focussed upstream gas company Sound Energy updated the market on its operations in Eastern Morocco on Monday, having previously announced a discovery and the initiation of planning for testing including possible stimulation at TE-10 - the second well in its current three-well exploration programme in the Tendrara area, onshore Morocco.
Utilitywise looks to sell business as funding runs dry
Utility cost management consultancy Utilitywise announced a review if its strategic options in order to deliver maximum value for its stakeholders on Monday.
Ten Lifestyle signs contract with RBC
Technology-enabled lifestyle and travel platform Ten Lifestyle said on Monday that it has signed a contract with Royal Bank of Canada.
Paragon Banking backs guidance as Q1 new lending rises 41%
Paragon Banking Group backed its full-year guidance on Monday as it posted a 40. 6% jump in first-quarter total new lending.
Petra Diamonds loses its sparkle after H1 update
Shares in Petra Diamonds lost their sparkle on Monday as the company said that rough diamond prices from its flagship Cullinan mine in South Africa dropped.
Minds & Machines revenues boosted by ICM acquisition
Domain registrar Minds & Machines expects revenues to have improved year-on-year after domains under management shot up in the twelve months ended 31 December.
SimplyBiz's Zest wins contract with Taylor Wimpey
SimplyBiz Group’s next generation employee benefits technology platform, Zest, has signed a three year contract with housebuilder Taylor Wimpey.
London open: Stocks edge lower as investors eye Brexit vote; Ocado surges
London stocks edged lower in early trade on Monday as investors eyed the upcoming Brexit vote in the House of Commons.
Wood chips off $54m from selling JV stakes
Wood Group reaped $54m in cash proceeds from selling off stakes in non-core joint ventures in the last couple of months.
Bank of Georgia opens new wealth management branch in Tbilisi
Bank of Georgia Group announced on Monday that, on 25 January, its JSC Bank of Georgia division opened a new office in the centre of Tbilisi's Freedom Square, dedicated to serving its wealth management clients.
SThree profit boosted by US, Continental Europe
Recruiter SThree reported a rise in full-year pre-tax profit on Monday as it benefited from strong performances in Continental Europe and the US.
TI Fluid Systems ends year in line with expectations
Automotive fluid technology company TI Fluid Systems updated the market on its trading for the year ended 31 December on Monday, saying it anticipated its results would be in line with the expectations it outlined in its third quarter update on 8 November.
London pre-open: Stocks to drop ahead of Brexit vote
London stocks were set to open down on Monday as investors eye the next key Brexit debate in the House of Commons this week.