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Market Report
18 Dec
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Europe close: Investors stay on the sidelines ahead of Fed

Investors maintained a very cautious stance going into the US central bank's policy decision on Wednesday.

18 Dec
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Smith and Nephew acquires US orthopaedics outfit

Medical technology outfit Smith and Nephew has agreed to acquire Ceterix Orthopaedics in a deal valued as much as $105m.

18 Dec
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London close: Footsie underperforms as commodities drag

London's blue chip stocks trooped down to a two-week low on Tuesday, with Brexit, weaker commodity prices and the upcoming Fed announcement weighing on the mood.

18 Dec
London Stock Exchange AIM LSE shares
Director dealings: IWG chief executive acquires 3m shares

IWG chief executive Mark Dixon purchased 3m ordinary shares in the FTSE 250-listed facility management and support services outfit on Thursday.

18 Dec
wall street
US open: Positive open as stocks attempt to recover from prior day's beating

Wall Street saw some positive trading at the open on Tuesday following the heavy losses sustained during the previous session, with investors exercising extreme caution ahead of Wednesday's Federal Reserve policy announcement.

18 Dec
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RBS picks Katie Murray as its new group finance chief

Royal Bank of Scotland has opted for continuity when naming its new finance chief.

18 Dec
coins currency investment insurance business finance company
Two Shields upbeat on drilling results from Xantus and Nashwan investments

Two Shields Investments updated the market on its lithium interests in southwestern Mali on Tuesday, which it owns through its 40% shareholding in Xantus and its 30% shareholding in Nashwan Holdings.

18 Dec
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FTSE 250 movers: Indivior given shot in the arm, Softcat clawed

London's FTSE 250 was up 0. 76% at 17,548. 78 in afternoon trade on Tuesday, as Indivior led the pack after reporting that strong sales have kept it on track with full year expectations.

18 Dec
lithium carbonate
Savannah begins working with Portuguese study partners

Resource development company Savannah Resources announced on Tuesday that it was now working with the Laboratorio Nacional de Energia e Geologia (LNEG) and Faculty of Sciences from the University of Porto, and had concluded a preliminary mineralogy study and a first draft processing flowsheet for the treatment, recovery and concentration of spodumene from samples of Grandao and NOA deposits at the Mina do Barroso Project (MdB) in Portugal.

18 Dec
handshake
M&C Saatchi appoints former Sportech CFO as new FD

M&C Saatchi has appointed Mickey Kalifa - the former chief financial officer of online gambling and entertainment group Sportech - as its new group finance director with effect from 14 January.

18 Dec
ep laboratoriola universidad
VAL401 results accepted for journal publication, says ValiRx

Clinical stage biotechnology company ValiRx announced the acceptance for publication of the first article containing results from the VAL401 clinical trial by the European Journal of Drug Metabolism and Pharmacokinetics on Tuesday.

18 Dec
National Grid
FTSE 100 movers: National Grid slumps as housebuilders recover

London's FTSE 100 was down 0. 7% to 6,727. 33 in afternoon trade on Tuesday amid weaker oil prices, as investors eyed the latest policy announcement from the Fed.

18 Dec
signing
Aura Energy receives exploration licence for flagship uranium project

Australian minerals company Aura Energy has been granted an exploration licence for its flagship Tiris uranium project in Mauritania.

18 Dec
Shell oil engineers, oil & gas, energy
Shell explores Endeavor acquisition following price drop - reports

Oil giant Royal Dutch Shell has begun negotiations to acquire North Sea explorer Endeavor Energy for around $8bn, roughly half of what the Texan outfit was expected to go for when it put itself up for sale earlier this year, according to reports.

18 Dec
merrill-lynch-banque
Emerging Markets gain favour as global outlook darkens, BofA -ML says

The share of fund managers forecasting a global economic recession dipped last month, according to the results of one of the most widely-followed surveys of sentiment for the group.

18 Dec
US house USA United States of America housing
US housing starts rise more than expected in November

US housing starts rose more than expected last month, according to data released by the Commerce Department on Tuesday.

18 Dec
indivior, invidior, suboxone
Indivior recuperates after confirming full year targets

Indivior said it expects to hit its full-year targets, boosted by higher than expected sales for its new longer-lasting opioid addiction treatment.

18 Dec
cineworld regal cinemas night
RBC Capital ups Cineworld to 'top pick'

RBC Capital Markets upped Cineworld to 'top pick' from 'outperform' on Tuesday, pointing to "significant" upside to its 350p price target.

18 Dec
jinping
Asia report: Markets take a dip as Xi talks up Chinese self-determination

Markets in Asia ended Tuesday lower, following a depressing finish on Wall Street overnight as sentiment around global economic outlook took a dip.

18 Dec
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China's Xi Jinping offers strong words but no new reforms

Asian markets have tumbled after a much-anticipated speech by Chinese president Xi Jinping failed to deliver.