Market Report
Jadestone prepares to take over Montara oil field after completion of works
Asia Pacific-focussed oil and gas production company Jadestone Energy announced the completion of works required for the restart of production from the Montara oil field, offshore Australia, on Friday, following an “extensive” maintenance and inspection shutdown.
Independent Oil & Gas clarifies position as FCA investigates LCF
Development and production company Independent Oil and Gas updated the market on its relationship with London Capital and Finance (LCF) on Friday, after the Financial Conduct Authority (FCA) launched an investigation into LCF.
Franchise Brands begins another share repurchase programme
Franchise Brands announced on Friday that it was starting a programme to repurchase ordinary shares up to a value of £0. 2m, between now and 30 June.
Keywords Studios completes acquisition of Sunny Side Up Creative
Video games technical services provider Keywords Studios has completed the acquisition of Sunny Side Up Creative from its founder, Thomas Giroux, it announced on Friday, after all of the conditions were fulfilled.
First patient dosed in latest ADC trial of camidanlumab tesirine
Oncology drug discovery and development company ADC Therapeutics announced on Friday that the first patient had been dosed in its Phase Ib clinical trial evaluating the safety, tolerability, pharmacokinetics and anti-tumor activity of ADCT-301 (camidanlumab tesirine) in patients with selected solid tumors that were locally advanced or metastatic.
Central Asia Metals consolidates borrowings into single facility
Central Asia Metals has refinanced its debt, it announced on Friday, consolidating borrowings into one facility.
McColl's appoints industry veteran Robbie Bell as new CFO
Convenience retailer McColl's Retail Group has appointed industry veteran Robbie Bell as its new chief financial officer.
ReNeuron Group to collaborate with unnamed US biopharmaceutical firm
Cell-based therapeutics developer ReNeuron Group has signed a collaboration agreement with an unnamed US-based biopharmaceutical company to explore the use of its exosome technology platform as a potential delivery vehicle for synthetic oligonucleotides used in gene therapy, it announced on Friday.
Leaf Clean Energy directors take pay cut ahead of Invenergy hearing
Leaf Clean Energy announced on Friday that the Delaware Supreme Court has scheduled oral argument in its appeal of the damages awarded to it in the Invenergy lawsuit for 13 February.
London pre-open: Stocks seen up amid trade hopes, ahead of payrolls
London stocks were to rise at the open on Friday amid renewed optimism about Sino-US trade relations and ahead of the release of the latest US non-farm payrolls report.
HarbourVest secures new credit facility, Johnson Service Group trading in line
London open The FTSE 100 is expected to open 51 points higher on Friday, having closed down 0. 62% at 6,692. 66 on Thursday.
Friday newspaper round-up: Fat Cats, Google, housebuilders, Alphabet
The bosses of the UK’s biggest companies are facing renewed scrutiny over excessive pay deals, after new figures showed top executives earned the average worker’s annual salary within the first three working days of 2019. Dubbed “Fat Cat Friday”, 4 January is the date by which the average CEO of a FTSE 100 company pockets the equivalent take-home pay of a typical full-time worker in the UK. – Guardian.