Market Report
Cabot Energy terminates Civita acquisition after 18 months
Cabot Energy confirmed the termination of its proposed acquisition of the Civita portfolio of gas assets on Thursday.
Metals Exploration appoints new CEO
Metals Exploration has appointed industry veteran Darren Patrick Bowden as its new chief executive officer with immediate effect.
Physiomics inks strategic deal with Medicines Discovery Catapult
Physiomics has entered into a strategic collaboration with the ‘Medicines Discovery Catapult’, it announced on Thursday.
US jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, according to data released by the Labor Department on Thursday.
Asia report: Weak tech sector leads most markets lower
Most markets in Asia finished lower on Thursday, as sentiment took a dip on the back of a release from Apple in which it lowered its first quarter guidance.
Federal Reserve's Kaplan calls for pause in US rate hikes
A top US central bank official called on Thursday for rate-setters to pause in their interest rate hiking campaign until the uncertainties looming over financial markets were resolved.
Bristol Myers acquires Celgene in $74bn pharma deal
US drugmaker Bristol-Myers Squibb reached a deal to acquire biotech group Celgene on Thursday in one of the largest acquisitions ever in the history of the pharmaceuticals industry.
Alpha FX eyes further investments following 'favourable performance'
British foreign exchange service Alpha FX saw continued "strong" trading in the final quarter of 2018 and now expects full-year earnings to come in ahead of market expectations.
Asos now ‘a rare buying opportunity’, says Peel Hunt
Peel Hunt reinstated its ‘buy’ recommendation on Asos on Thursday following the online fashion retailer’s shock profit warning and share price slump last month.
London midday: Stocks still in the red on Apple shock but retailers provide cheer
London stocks were still in the red by midday on Thursday after US technology giant Apple cut its first-quarter guidance, but the FTSE was faring better than its European counterparts as retailers were boosted by a well-received update from Next.
US pre-open: Stocks set for losses as Apple warning spooks investors
US stocks looked set for heavy losses at the open on Thursday as tech giant Apple’s decision to slash its first-quarter sales guidance spooked investors.
Rockhopper Exploration makes 'good progress' ahead of new Egyptian campaign
Oil and gas outfit Rockhopper Exploration told investors on Thursday that it had made some "good progress" with its Falklands operations in its last trading year.
Tracsis secures ‘significant’ new contract
AIM-listed Tracsis has signed a "significant" five-year framework agreement with a "major" train-owning group for its TRACS Enterprise product.
James Davies roped in as chief product officer for i-nexus
Cloud-based ‘strategy execution’ software provider i-nexus Global announced the appointment of James Davies as its chief product officer on Thursday.
Narrow money supply in the euro area stabilises further in November
The euro area's money supply tightened further last month but some economists believed they could spy a silver lining in the data.
KEFI taking slow and steady approach to development at Tulu Kapi
Ethiopia and Saudi Arabia-focussed gold exploration and development company KEFI Minerals updated the market on its Tulu Kapi Gold Project on Thursday, after recent meetings with its Ethiopian partners in the project company Tulu Kapi Gold Mines Share Company (TKGM), as well as regulatory agencies and the local community.
Taptica suspends share buyback programme amid possible acquisition talks
Mobile marketing and brand advertising technologies company Taptica has suspended its share buyback programme, it announced on Thursday, as it has entered into preliminary discussions with a potential acquisition target.
Anglo African investigates water injection at Tilapia
Independent oil and gas developer Anglo African Oil & Gas updated the market on wells TLP-101 and TLP-102 at its Tilapia field in the Republic of Congo on Thursday.
Sunrise to move rapidly after expansion testing at NewPerl
Sunrise Resources announced positive results from expansion testing of perlite samples from the new discovery areas on its NewPerl Project on Thursday.
Clariant sells down stake in Stahl group
Clariant has reduced its stake in the Netherlands-based Stahl group by a quarter, it announced on Thursday, from 19. 7% to 14. 8%.