Market Pulse
Argent BioPharma to delist from London Stock Exchange
Drug discovery company Argent BioPharma announced its intention to delist its ordinary shares from the London Stock Exchange on Friday.
McBride refinances with EUR 200m credit facility
McBride has successfully refinanced its banking facilities, it announced on Friday, securing a €200m revolving credit facility (RCF) with a four-year maturity and the option to extend by up to two years.
Southern Energy sales slide in third quarter
Southern Energy Corporation, a producer with natural gas and light oil assets in Mississippi, reported a 34% decline in petroleum and natural gas sales to $3. 5m in the third quarter on Friday, compared to the same period last year.
Invinity names Adam Howard as CFO
Energy storage manufacturer Invinity revealed on Friday that Adam Howard has been tapped to take over as chief financial officer, with effect from 9 December.
Jefferies upgrades Anglo American to ‘buy’
Jefferies upgraded Anglo American to ‘buy’ from ‘hold’ on Friday and lifted its price target to 2,850p from 2,500p following the recent share price decline.
London open: Stocks steady ahead of data slew; Spire Healthcare jumps
London stocks were steady in early trade on Friday as investors mulled disappointing retail sales figures and looked ahead to a slew of UK data releases.
London pre-open: Stocks seen lower; retail sales tumble
London stocks were set to fall at the open on Friday after disappointing retail sales figures, and as investors eyed the release of a slew of UK data points.
Friday newspaper round-up: House sales, fuel prices, The Telegraph
House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1. 5% in the year to October. Next year prices are expected to rise by 2. 5% and transactions will jump by 5%, the website said. – Guardian.