Market Report
CMC Markets hails improvement in Q3 as ESMA rules kick in
CMC Markets said on Thursday that third-quarter revenues rose compared to the previous quarter as market conditions improved, although they were down on the year.
Shield Therapeutics revenues surge following commercialisation deal
Shield Therapeutics saw revenues rocket in the second half of its trading year following a commercialisation agreement with European pharmaceutical specialist Norgine.
Capita wins three-year payments solution contract
Outsourcer Capita said on Thursday that it has won a new payments solution contract.
Solid progress for 88 Energy on North Slope of Alaska
88 Energy updated the market on its oil and gas operations on the North Slope of Alaska on Thursday, reporting that the construction of the ice road was now 85% complete, with the ice pad build to commence shortly.
Premier Oil encouraged by Mexico partner's drilling
Premier Oil said it was increasingly confident about the quality of the Zama oil discovery offshore Mexico, after a second appraisal well drilled by its project partner.
EVR Holdings signs new music deal, extends contract with Warner
Virtual reality (VR) music content creator EVR Holdings announced on Thursday that its subsidiary MelodyVR has signed a VR content creation and distribution agreement with AWAL Digital, Kobalt's recording company, and had extended its existing agreement with Warner Music Group.
Hansard Global new business activity slips in first half
Specialist long-term savings provider Hansard Global,issued its new business results for the six months ended 31 December - the first half of its 2019 financial year - on Thursday, reporting that new business for Hansard International for the second quarter was £41. 5m in present value of new business premiums (PVNBP) terms.
Circassia acquires rights to 'AirNOvent' in US and China
Specialty pharmaceutical company Circassia Pharmaceuticals has entered into a definitive agreement to acquire exclusive commercialisation rights from AIT Therapeutics to its ventilator compatible nitric oxide product, ‘AirNOvent’, in the United States and China, it announced on Thursday.
Augmentum pours £7.5m into challenger business lender iwoca
Financial technology venture capital investor Augmentum Fintech announced an investment of £7. 5m in challenger small-to-medium enterprise lender iwoca on Thursday.
Countryside Properties Q1 completions lifted by affordable housing
Housebuilder and urban regenerator Countryside Properties posted a jump in first-quarter completions on Thursday as affordable housing provided a boost.
Blue Prism raising £100m to accelerate global growth
Robotic process automation provider Blue Prism Group announced a proposed placing with new and existing institutional investors to raise approximately £100m before expenses on Thursday, to accelerate its global growth and further strengthen its balance sheet.
Itai Pazner elevated to chief executive position at 888 Holdings
Online gambling operator 888 Holdings announced on Thursday that Itai Pazner, previously its chief operating officer, has been appointed as its new chief executive officer.
London open: Stocks in the red ahead of ECB announcement; sterling holds up
London stocks fell in early trade on Thursday despite positive cues from Wall Street, as investors kept an eye out for the latest policy announcement from the European Central Bank and any Brexit-related headlines.
Restaurant Group LFL sales dip but 2018 profit seen in line
Restaurant Group reported a dip in 2018 like-for-like sales on Thursday but said it expects to deliver profit in line with market expectations.
St James's Place battles through 'particularly difficult' quarter
St James's Place saw inflows slow in the final months of the year and saw challenging market conditions squeeze funds under management.
Thursday newspaper round-up: Brexit, construction, RPC, Vodafone
Fears are growing internationally that a no-deal Brexit poses a threat to the stability of the global economy, the head of Britain’s leading business body has warned. Carolyn Fairbairn, director-general of the CBI, said the failure to sort out Britain’s departure from the European Union was damaging Britain’s brand abroad and had joined a list of systemic risks to the world economy. - Guardian.
London pre-open: Stocks seen muted ahead of ECB announcement
London stocks were set for a fairly muted open on Thursday despite an upbeat session on Wall Street, as investors eyed the latest policy announcement from the European Central Bank and any fresh Brexit-related headlines.
Anglo American total production improves, inflows slow at St. James's Place
London open The FTSE 100 is expected to open five points lower on Thursday, having closed down 0. 85% at 6,842. 88 on Wednesday.