Market Report
Anglo Asian completes phase II drilling at Ugur
Gold, copper and silver producer Anglo Asian Mining announced the completion of phase II core drilling and additional development progress at its Ugur gold deposit - located on the company's Gedabek licence area in Western Azerbaijan - on Monday, ahead of targeted first mining in the fourth quarter.
Europa Oil upbeat on competent person's report
UK and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas announced the results of an independent competent person's report on Monday, prepared by ERC Equipoise, including estimates of gross mean unrisked prospective resources of 553 mmboe across two new pre-rift prospects, Ervine and Edgeworth, in licensing option 16/2, offshore Atlantic Ireland.
Intercede launches fingerprint login for WordPress
Digital identity and credentials expert Intercede announced the launch of RapID Secure Login on Monday, a plugin for the WordPress content management system that enables administrators and subscribers to log into websites and blogs with fingerprints instead of usernames and passwords.
Straight Path spectrum battle erupts as mystery bidder usurps AT&T deal
Mobile telecoms specialist Straight Path Communications has received a rival takeover offer from an undisclosed "multi-national telecommunications company", which looks to usurp its recently agreed deal with AT&T.
Results round-up
British Gas owner Centrica said energy consumption has been lower than expected in the UK and North America so far in 2017 due to warmer than normal weather and that UK wholesale oil, gas and power prices have all fallen since it announced results in February.
Eckoh finishes year in line with expectations
Secure payment product and consumer contact solutions provider Eckoh updated the market on its trading for the year to 31 March on Monday, confirming it was “comfortably” in line with market expectations, with revenue and margin growing by over 20% for the fourth year in succession.
Kate Spade surges on $2.4bn Coach deal
Shares in Kate Spade surged in pre-market trade as Coach signed an agreement to acquire the company in a deal worth $2. 4bn.
BP and Kosmos Energy hit gas offshore Senegal
BP and joint-venture partner Kosmos Energy made a major gas find offshore Senegal, West Africa.
Europe midday: Cac-40, euro move lower on profit-taking
European stocks were slightly lower come midday as investors who had bet on a win by French centrist-reformist presidential candidate Emmanuele Macron at the weekend booked profits.
London midday: FTSE holds head above water after Macron win
London stocks were nudging a touch higher by midday, faring better than their counterparts in Europe, where investors conformed to the old adage of buying the rumour and selling the fact following centrist Emmanuel Macron's victory in the French presidential election.
Asia report: Markets move higher on Macron landslide in France
Most markets in Asia were higher on Monday, after a landslide victory for French presidential candidate Emmanuel Macron in that country’s run-off election on Sunday, defeating controversial far-right candidate Marine Le Pen.
AkzoNobel rejects third takeover offer from PPG Industries
AkzoNobel has rejected a third unsolicited takeover offer from US rival PPG Industries.
Monday broker round-up
BBA Aviation: Citigroup downgrades to Neutral with a target price of 330p.
US pre-open: Stocks seen touch lower as investors mull Macron win
Stocks on Wall Street looked set for a marginally weaker open on Monday, taking their cue from Europe, where stocks retreated as centrist Emmanuel Macron won the French presidential election.
Deutsche Bank stays at 'Hold' on Pearson awaiting details of cost cuts
Deutsche Bank is sounding a somewhat cautious note on the outlook for Pearson until the company provides greater detail on its cost-cutting plans.
Sports Direct increases bet on Debenhams
Sports Direct International boss Mike Ashley has continued to bump up his bet on fellow retailer Debenhams, it was revealed on Monday.
Active Energy reorganises, solicits offers for Ukraine operations
International renewable energy and forestry management company Active Energy Group announced on Monday that the board is reorganising the group’s structure to focus on its two principal growth areas.
Eurozone investor sentiment hits highest level since July 2007 - Sentix
Investor sentiment in the eurozone rose more than expected in May, to its highest level since July 2007, according to the latest reading from Sentix.
TLA teaming up with NZ Rugby for anniversary match at Twickers
Athlete representation and sports marketing company TLA Worldwide announced on Monday that it has been appointed by New Zealand Rugby as its partner to manage and deliver the 125th anniversary match in November this year.
UK consumer spending weakens after rare online reverse, Visa finds
Consumer spending growth in Britain weakened to one of the slowest rates for more than three years, getting the second quarter off to a slow start.