Market Report
Omega chairman David Evans steps down after 18 years
Long-time Omega Diagnostics chairman David Evans has resigned from the board of the medical diagnostics company and stepped down with immediate effect.
PCI-PAL signs reseller agreement with 'major' UK service provider
Customer engagement specialist PCI-PAL has signed a reseller agreement with an unnamed major UK-based payment service provider, it announced on Monday.
ValiRx releases positive data from recent VAL201 testing
Clinical stage biotechnology company ValiRx announced on Monday that independent analysis of VAL201 data showed a “statistically significant” dose dependant response in the reduction of PSA correlated to time on the Phase l/ll clinical trial, involving patients with hormone-sensitive and hormone-resistant prostate cancer.
Metal Tiger reports latest exploration results from Tshukudu
Strategic natural resource opportunities investor Metal Tiger updated the market on its exploration activities at the new joint venture, Tshukudu Exploration, in the Kalahari Copper Belt in Botswana on Monday.
GDP stays sluggish after manufacturing dive
UK economic growth remains super sluggish, official figures confirmed on Monday, held back by an unexpectedly steep decline in manufacturing activity.
Hollywood Bowl profits and revenue jump, special divi announced again
Hollywood Bowl posted a jump in full-year profit and revenue on Monday as it announced a special dividend for the second year in a row.
Interserve crashes to new low as banks discuss debt swap
Interserve said it was in talks with its banks about converting a "substantial proportion" of its debt pile into new equity, sending its shares crashing more than 70% on Monday morning.
China November CPI undershoots forecasts
Inflation pressures in China continued to recede last month, hinting at softer economic growth head, according to economists.
Van Elle boosted by 'more supportive' construction market in second quarter
Geotechnical engineer Van Elle has seen a "more supportive" construction market during the second quarter of its trading year, with new contract starts progressively gaining momentum.
Big Sofa Tech sees full-year revenues up 31%
Big Sofa Technologies said on Monday that it expects full-year revenue to be up 31% compared to 2017.
Greencoat Renewables buys two wind farms for EUR88m
Renewable infrastructure group Greencoat Renewables has announced the acquisition of two wind farms from BlackRock Real Assets for €88m.
London open: Stocks slip amid Brexit concerns; Just Group bucks trend
London stocks edged lower in early trade on Monday, taking their cue from losses in Asia, amid worries about Brexit.
Vodafone confirms results of £184m bond repurchase
Vodafone Group announced the results of its previously-announced invitation to bond holders to offer to sell their bonds for cash on Monday.
IP Group's Avacta signs $180m deal with LG Chem
IP Group’s AIM-listed portfolio company Avacta Group has agreed an ‘Affimer’ therapeutics development partnership and license agreement with LG Chem Life Sciences, part of the South Korean LG Group chaebol, worth up to $180m across upfront, near-term payments and development milestones, it was announced on Monday.
Retail sales slump in November as Black Friday hits high street
Retail sales in the UK slumped in November as online Black Friday deals tempted shoppers away from the high street, according to figures released by the British Retail Consortium and Springboard.
NMC Health remains confident of growth
NMC Health said its cash flow generation was improving in the second half of the year, as the Gulf region hospital operator reaffirmed full year sales and profit guidance.
London pre-open: Stocks seen lower amid Brexit woes
London stocks were set for a downbeat open on Monday, taking their cue from losses in Asia amid worries about Brexit and trade.
Meggitt signs $15m aircraft maintenance deal, NMC Health cash flow improving
London open The FTSE 100 is expected to open 39 points lower on Monday, having closed up 1. 1% at 6,778. 11 on Thursday.
Monday newspaper round-up: Brexit, retailers, Amazon, May, Interserve
A pair of hedge funds owned by prominent Brexit supporters have made significant bets against companies exposed to the British consumer including big high street names. Odey Asset Management, part-owned by Crispin Odey, and Marshall Wace, part-owned by Sir Paul Marshall, have declared short positions against consumer-exposed companies, including retailers, estate agents and banks, equivalent to £149m and £572m respectively – as rising political uncertainty threatens the economy.
BoJ decides to stay put on policy
The Bank of Japan decided to keep all its main monetary policy settings unchanged at the end of the week and continued to predict steady growth.