Market Report
Summit Therapeutics proposes $25m fundraiser
Antibiotics developer Summit Therapeutics has entered into a securities purchase agreement for the sale of $25m worth of its US-listed shares in order to extend its cash runway through to January 2020.
Boohoo looks to reassure investors after Asos warning
Boohoo scrambled to set itself apart from Asos on Monday after a shock profit warning from the online giant.
Woodside and Cairn eye Senegal FID by middle of next year
Woodside Petroleum, the operator of the SNE field offshore Senegal, in which Cairn Energy owns a 40% working interest, expects to make a final investment decision on the project in mid-2019.
BHP completes $5.2bn share buy-back, announces special dividend
BHP has successfully completed its off-market tender buy-back of BHP Group Limited shares, it announced on Monday.
Andalas pleased as Eagle Gas gets extension at Badger prospect
Andalas Energy and Power updated the market on its investment in Eagle Gas on Monday, reporting that the Oil and Gas Authority had agreed a five-month extension of the initial term of licence P2112, to 19 May 2019.
Rio Tinto to share windfall from Dunkerque sale with shareholders
Rio Tinto has completed the sale of its aluminium smelter at Dunkerque, France, to Liberty House for $500m, it confirmed on Monday.
Polymetal sells Khakanja operation for $15m loss
Polymetal International has sold its 100% interest in Khakanja - Okhotsk Mining and Exploration Company - to a group of unrelated private Russian buyers, it announced on Monday, for a total consideration of $30m in cash and assumed debt.
London open: Retailers pace the decline after shock profit warning from Asos
London stocks fell in early trade on Monday, with retailers under pressure following a shock profit warning from online giant Asos.
RA International to fall short after project delays
Construction services outfit RA International has made some "good progress" on its strategic objectives since admission to trading on AIM earlier this year, but expects results to come in below expectations as a result of several project delays.
Just Eat receives biting criticism from activist investor
Just Eat has come under attack from activist investor Cat Rock Capital Management, which owns 2% of the FTSE 100 takeaway food marketplace.
Big Yellow secures planning consent resolution for Battersea site
Big Yellow has secured a resolution to grant planning consent on its Lombard Road, Battersea, London site on which it currently operates a 34,000 square foot store.
London pre-open: Stocks seen muted, Brexit remains in focus
London stocks looked set for a muted open on Monday as we kick off the last full week of trading of the year.
Croda buys vaccine adjuvant specialist for €70m
Chemicals group Croda International has wrapped up a deal to buy Denmark-based vaccine adjuvant specialist Brenntag Biosector for €72m.
SSE pulls out of Npower merger, Croda finalises deal to buy Brenntag Biosector
London open The FTSE 100 is expected to open six points higher on Monday, having closed down 0. 47% at 6,845. 17 on Friday.