Market Report
Dods warns on profits amid political uncertainty
Dods warned on Monday that adjusted earnings for the year to the end of March 2019 will be "significantly" lower than forecast and that it expects to make a pre-tax loss.
William Hill finishes 'pivotal' year in line with forecasts
William Hill reported that full-year adjusted operating profit for 2018 from continuing operations was expected to be around £234m - 15% down on 2017.
Modern Water slides on discounted share placing
Shares in Modern Water slid on Monday as the company said it has raised around £587,470 in a heavily-discounted placing.
Victoria Oil & Gas reports increasing production at Logbaba
Cameroon-based gas and condensate producer Victoria Oil & Gas updated the market on the increasing production levels at its Logbaba Project on Monday, reporting an average production rate month-to-date of 8. 5mmscfd as at 19 January.
Town Centre Securities pleased with performance amid tough market
Property investor and car park operator Town Centre Securities updated the market on its half-year ended 31 December on Monday, reporting that it continued to make “good progress” in the on-going repositioning of its portfolio.
Europe midday: Stocks recover from early dip, trade talks and China in focus
Stocks on the Continent are recovering from early selling amid mixed news around US-China trade talks.
Hurricane Energy hits snag in Lancaster field development
Oil and gas company Hurricane Energy updated the market on its operations on Monday, in relation to the early production system development of the Lancaster field.
Scancell appoints new heads of research and manufacturing
Immunotherapy developer Scancell Holdings announced the appointment of Dr Samantha Paston as its head of research, and Dr Adrian Parry as its head of manufacturing, on Monday.
London midday: Stocks hold up ahead of May's Brexit plan-B speech
London stocks had maintained modest gains by midday on Monday as investors digested Chinese growth figures and awaited Theresa May’s presentation of her ‘Plan B’ on Brexit to Commons.
Avacta Group makes solid development progress
Biotherapeutics developer Avacta Group updated the market on its trading on Monday, as investors gathered for its annual general meeting.
Record number of Brits switch energy suppliers in 2018
New data from energy industry group Energy UK showed a record number of Britons switched energy suppliers in 2018, with one in five customers reportedly choosing a new energy supplier during the year.
Shrinkflation not a widespread issue, ONS data suggests
Fresh data from the Office for National Statistics (ONS) revealed the true extent of so-called ‘shrinkflation’ on Monday, with food - and particularly, breakfast cereals and bread - the most likely products to be affected.
Property market sees slowest start to year since 2012 - Rightmove
The UK property market suffered its slowest start to the year this January since 2012.
Vast Resources looking for new offtake prepayment finance
Romania and Zimbabwe-focussed mining company Vast Resources updated the market on the situation regarding Mercuria Energy on Monday.
EasyHotel revenues up 60% in Q1 but warns on margins
EasyHotel posted a rise in first-quarter revenue on Monday but warned that 2019 will be more difficult than the previous year and margins will take a hit.
Dalata to lease new hotel in Dublin docklands
Dalata Hotel Group has entered into arrangements to lease a new hotel located in the heart of the Dublin docklands.
China growth cools to lowest since 1990
China's economy last year grew at its slowest rate since 1990, as gross domestic product growth cooled in the fourth quarter.
Patisserie Valerie still in talks with banks
Patisserie Valerie cafe chain owner Patisserie Holdings confirmed on Monday that it is still in talks with its lenders about providing continued support for the company.
London open: Stocks nudge up after China GDP as investors eye 'Plan B'
London stocks nudged up in early trade on Monday as investors digested uninspiring Chinese growth figures and awaited Theresa May’s presentation of her ‘Plan B’ on Brexit to Commons.
CLS to sell interest in First Camp
CLS said on Monday that it has exchanged contracts to sell its 58. 02% interest in First Camp Nordic Camping, indirectly majority owned by a fund advised by Norvestor Equity AS, for £28. 7m.