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Market Report
20 Feb
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Frontera Resources makes significant encounters at Taribani Complex

Europe-focussed independent oil and gas exploration and production company Frontera Resources Corporation announced on Tuesday that T-45 - the first well of current three-well drilling program at its Taribani Complex of Block 12 in Georgia - has now been drilled to a target depth of 2700m in the Eldari Formation.

20 Feb
gold bars precious
ECR Minerals reports good progress on Victoria gold exploration

ECR Minerals update the market on its gold exploration in central Victoria, Australia on Tuesday, which is being carried out by its wholly owned Australian subsidiary Mercator Gold Australia.

20 Feb
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Bonduelle buys Del Monte rights in Canada from Conagra

Bonduelle announced on Tuesday that it has signed an agreement with the New York-listed Conagra Brands, to acquire its Del Monte processed fruit and vegetable business in Canada.

20 Feb
factory, factories, manufacturing
UK manufacturing growth slows in February - CBI

UK manufacturing growth slowed as expected in February as the boost from a weakening pound starts to fade, according to the latest figures from the Confederation of British Industry.

20 Feb
wind farm offshore greencoat uk windfarm
TRIG portfolio tops £1bn as NAV rises

Renewable energy investor Renewables Infrastructure Group saw profits beat expectations in its most recent fiscal year, as pre-tax profits rose by a third due to significant new investments made throughout 2017.

20 Feb
intercontinental hotels group, ihg, leisure, holiday inn
Intercontinental Hotels profit, RevPAR rise but no additional capital to be paid out

InterContinental Hotels reported a jump in full-year profit on Tuesday but said it will not be paying out any additional capital this year as it looks to reinvest savings in growth.

20 Feb
zoopla
ZPG rallies as Morgan Stanley highlights building momentum

ZPG, the owner of Zoopla, USwitch and PrimeLocation, was boosted on Tuesday as Morgan Stanley upped its stance on the stock to 'overweight' from 'equalweight' and lifted the price target to 400p from 360p.

20 Feb
sky news building
Fox increases news commitments to seal Sky deal

21st Century Fox has strengthened its commitments to investment in Sky's UK news channel in a bid to secure a takeover of the European cable network.

20 Feb
selco, grafton group, by eddie (flickr)
Berenberg upgrades Grafton, downgrades Travis Perkins

Berenberg upgraded Grafton but downgraded Travis Perkins on Tuesday as it took a look at UK construction distributors.

20 Feb
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German investor sentiment deteriorates less than expected in February - ZEW

German investor sentiment deteriorated less than expected in February, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

20 Feb
dunelm
Dunelm dives as profits decline and CFO departs

Dunelm's profits dipped in the first half of the year and homeware retailer said chief financial officer Keith Down will leave the company in June.

20 Feb
petards german police car
Petards secures £1.5m contract with MoD

Petards, an AIM-listed developer of advanced security and surveillance systems, has been awarded a £1. 5m contract from the UK Ministry of Defence to provide communications equipment and services.

20 Feb
1euro
Europe open: All eyes on US government bond yields

European stocks have started the morning higher, with all eyes on Wall Street futures following the long weekend in the States against a backdrop of rising government bond yields.

20 Feb
Bodycote, engineering
Bodycote enters into long-term agreement with Safran

Bodycote, a FTSE 250 provider of heat treatment and specialist thermal processing services, has entered into a long-term agreement with France's Safran for manufacturing services.

20 Feb
London bus
Powerhouse Energy signs MOU with hydrogen-powered bus maker

Waste-to-energy firm Powerhouse Energy announced a partnership memorandum of understanding with hydrogen-powered bus manufacturer Wrightbus, which the firm expects will lead to it supplying the bus maker with its Distributed Modular Gasification system for the low cost and environmentally responsible production of hydrogen.

20 Feb
William Hill, bookmaker, gaming, gambling
William Hill fined £6.2m for failures in money laundering, social responsibility

Bookmaker William Hill has been forced to pay £6. 2m in fines by the Gambling Commission for "systematic social responsibility and money laundering failures".

20 Feb
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London open: Stocks nudge lower as HSBC, BHP disappoint

London stocks nudged lower in early trade on Tuesday following disappointing results from HSBC and BHP Billiton.

20 Feb
hikma drugs generics
Siggi Olafsson installed as new CEO at Hikma

Hikma Pharmaceuticals announced on Tuesday that its board has appointed Sigurdur ‘Siggi’ Olafsson as its chief executive officer.

20 Feb
Vodafone launching new drone safety technology trials

Vodafone announced the start of trials of what it claims is the world's first air traffic control drone tracking and safety technology on Tuesday.

20 Feb
Wood group, oil, gas
Wood Group wins five-year engineering services contract

Wood Group said on Tuesday that it has won a strategic five-year engineering services contract at an Australian gas export project.