Market Report
Angle's 'Parsortix' used in new groundbreaking cancer research
Liquid biopsy company Angle announced on Monday that its ‘Parsortix’ system had been utilised in further “groundbreaking” cancer research into CTC clusters, reportedly demonstrating that the patient's own immune cells (neutrophils) could actively help the process of metastasis by which the cancer spread.
Ultimate Products sees decent underlying growth as it prepares for Brexit
Value-focussed consumer goods group UP Global Sourcing, which trades as Ultimate Products, updated the market on its trading for the six months ended 31 January on Monday, reporting a 36% improvement in revenues to £65. 8m year-on-year.
Bluebird pleased with Korean government sampling at Kochang
Asia-focussed resource development group Bluebird Merchant Ventures announced its comparison of the results of the underground sampling programme from the Kochang Mine, carried out in 2018 by the Korean Resources Corporation (KORES) - a South Korean government owned company.
Telford Homes to buy Stratford site for £20m
London-focused residential property developer Telford Homes has exchanged contracts for the conditional purchase of a site on International Way in Stratford, London, for £20m in cash subject to planning consent.
Iceland planning to bid for 'Sasda' supermarkets - report
Frozen food specialist Iceland may bid for a handful of stores that Sainsbury’s and Asda are likely to be forced into selling in order to get clearance for their proposed merger.
DCD Media profits hit by deferred sales
Independent TV distribution and production group DCD Media told investors on Monday that it had seen a "very strong start" to the trading year, but warned that delays to sales would impact its profitability.
UK economic growth at six-year low
The UK economy slowed sharply at the end of 2018, official data showed on Monday, defying analyst expectations and weighing heavily on annual GDP growth.
Just Eat shareholder Cat Rock urges merger talks
US hedge fund Cat Rock Capital Management has sent an open letter to online food delivery group Just Eat urging the company to merge with a "well-run industry peer" following the departure of chief executive Peter Plumb.
BP begins gas production at West Nile Delta project
Oil giant BP has kicked off gas production from the second stage of its West Nile Delta development programme, its second upstream major project to come onstream in 2019.
Pathfinder Minerals secures assistance from Africa Focus for acquisition
Natural resources outfit Pathfinder Minerals has entered into a fixed period consultancy agreement with Hong Kong-based mergers and acquisitions specialist Africa Focus.
Windar narrows losses despite delayed revenues
Light detection technology outfit Windar Photonics narrowed losses on the back of an increase in revenues and shipment volumes in its last trading year.
Live Company launches £2.2m placing to fund zoo expansion
Children's entertainment and education outfit Live Company intends to raise up roughly £2. 2m via the issue of 2. 08m ordinary shares and 1. 29m subscription shares in order to fund the expansion of its Bricklive Zoo programme.
London open: Stocks rise as pound dips ahead of UK data slew
London stocks rose in early trade on Monday, helped along by a weaker pound as investors eyed a slew of key UK data releases, trade relations between the US and China and any Brexit-related developments.
Shell becomes Barclays 'top pick' in energy sector
Royal Dutch Shell has overtaken BP as the "top pick" in the sector for Barclays, which feels the oil giant still needs to improve free cash flow growth to boost shareholders returns.
Coro Energy takes 15pc interest in Duyung, offshore Indonesia
Coro Energy announced the signing of a binding conditional agreement for the acquisition of an interest in the Duyung Production Sharing Contract (PSC) in the West Natuna basin, offshore Indonesia on Monday, which contains the Mako gas field.
Primary Health Properties expands portfolio in Leeds and Derbyshire
Healthcare facilities investor Primary Health Properties has acquired the entire issued share capital of Chapeloak Investments, it announced on Monday, whose sole activity is the ownership of the Oakwood Lane Medical Centre in Leeds, for total consideration of £5. 425m.
Polymetal approves building of second POX line
Polymetal International expects to improve the quantity of gold it extracts from its mines and its environmental credentials as directors gave the green light to immediately begin construction of a second pressure oxidation line in Russia.
Acacia Mining earnings fall amid 'challenging' operating environment
Acacia Mining released its 2018 results on Monday, reporting a 12% fall in revenue year-on-year to $664m, with the board reporting a higher average realised gold price was offset by a lower sales base.
Polymetal expecting improved gold quality, Tritax Big Box open offer oversubscribed
London open The FTSE 100 is expected to open 32 points higher on Monday, having closed down 0. 32% at 7,071. 18 on Friday.
London pre-open: Stocks seen higher ahead of data slew
London stocks were set to kick the week off on the front foot on Monday as investors eyed a slew of key UK data, trade relations between the US and China and any Brexit-related headlines.