Market Report
Angus Energy initiates Balcombe field partnership
Onshore oil and gas company Angus Energy has initiated its partnership with privately-owned exploration and production firm Cuadrilla after completing a £1. 85m payment to the group.
Premaitha signs exclusive agreement with Egyptian laboratory for IONA testing
AIM-quoted molecular diagnostics researcher Premaitha Health has inked an exclusive agreement with an unnamed partner that would see its maternal blood sampling test, IONA, gain its first access to the Egyptian market.
Croda Europe to buy Plant Impact for £10m
Croda Europe, a wholly-owned subsidiary of Croda, has agreed to buy crop enhancement developer Plant Impact for around £10m.
BGEO reports strong year, explains dividend plans ahead of split
BGEO Group, the investment company that owns the Bank of Georgia, grew profits 8. 1% last year as it prepares to split into two in 2018.
London open: Stocks rise on positive Wall St cues, retail sales eyed
London stocks rose in early trade on Friday, tracking a fifth day of gains on Wall Street as investors put aside their worries about inflation and looked ahead to UK retail sales data.
Europe open: Shares motor on back of Asia, Wall St, Renault results
European shares opened higher on Friday as Asia and Wall Street provided impetus along with solid corporate results in France.
London pre-open: Stocks seen up after more Wall St gains; retail sales eyed
London stocks were set for a firmer open on Friday, tracking a fifth day of gains on Wall Street as investors put aside their worries about inflation, with UK retail sales in focus.
Friday newspaper round-up: Tesco, homes, Brexit, internet tax
One of the City’s most influential shareholder advisory groups has told investors in Booker Group to vote against a proposed £3. 7 billion sale of the cash-and-carry business to Tesco. With just two weeks before a shareholder vote on the takeover, Institutional Shareholder Services (ISS) said that the recent uplift in Booker’s share price meant that Tesco “appears to be getting the better deal under the current terms”. - The Times.
US close: Markets post another day of gains as producer prices accelerate
US stocks finished higher on Thursday after some unsteadiness earlier in the session, as investors eyed higher-than-expected inflation print from a day earlier and mixed jobs and producer prices data.