Market Report
IGas Energy announces plans for new site in Weald Basin
IGas Energy announced plans for a new site within its conventional portfolio on Thursday, and the drilling of up to two exploration and appraisal wells on PEDL 235 in the Weald Basin, which it 100% owns.
ValiRx to work with Aptus on VAL301 clinical development plan
Clinical stage biotechnology company ValiRx announced on Thursday that its clinical team has signed an agreement to work with UK based clinical contract research organisation Aptus Clinical to effectuate a clinical development plan for ‘VAL301’, incorporating a phase 1 and 2 study design concept in endometriosis.
Mattioli Woods profits grow despite uncertain macro environment
Wealth management business Mattioli Woods recorded strong growth in underlying earnings and pre-tax profits last year despite political and economic uncertainty impacting investor sentiment.
Quilter considers sale of life assurance business
Quilter said on Thursday that it is mulling the sale of its Old Mutual Wealth Life Assurance business as it announced a strategic review of the unit.
Infrastrata eyes new project to complement Islandmagee
Gas storage business Infrastrata updated shareholders on its strategy of becoming revenue generating in 2020 following a final investment decision on its Islandmagee Gas Storage Project.
MJ Gleeson's home division 'comfortably' on track to achieve volume target
MJ Gleeson said on Thursday that its home division is "comfortably" on track to achieve its target of doubling volumes of new homes per year to 2,000 by 2022.
Superdry appoints former M&S and New Look CFOs to the board
Superdry has appointed the former chief financial officers of Marks & Spencer and New Look to its board with effect from 11 July.
Empresaria ups stake in ConSol
Staffing specialist Empresaria acquired a further 17. 5% interest in ConSol Partners on Thursday, taking its total investment in the business to 82. 5%.
International PPL inches closer to full ownership of BeNEX
Infrastructure investment company International Public Partnerships has completed its acquisition of a further equity interest in BeNEX, it announced on Thursday.
AB Dynamics appoints Carclo FD Sarah Matthews-DeMers as CFO
Testing systems and measurement products manufacturer AB Dynamics has appointed Carclo finance director Sarah Matthews-DeMers to take over as the group's chief financial officer from 4 November.
3i Infrastructure on track for dividend target following 'positive' first quarter
3i Infrastructure said on Thursday that it was on track for its full-year dividend target following a "positive" first quarter.
London open: Stocks subdued; Burberry rallies on upgrade
London stocks were steady in early trade on Thursday following solid gains the previous day, with a relatively quiet session expected as US markets will be closed for Independence Day.
Revenue improves at ABF, Energean to buy Edison E&P for $750m
London open The FTSE 100 is expected to open just two points higher on Thursday, having closed up 0. 66% at 7,609. 32 on Wednesday.
London pre-open: Stocks seen flat; quiet day expected amid US holiday
London stocks were set for a muted open on Thursday following sold gains in the previous session and with volumes likely to be lower than usual as US markets will be closed for Independence Day.
Thursday newspaper round-up: Woodhouse, Osborne, Boeing, Woodford
Two of the most senior advisers to Northern Powerhouse Developments, the company owned by embattled financier Gavin Woodhouse, have quit the business in the wake of a series of allegations about its finances. The departures have emerged a week after publication of an undercover investigation by the Guardian and ITV News, which raised questions about the business interests of Woodhouse, who has raised millions from private investors but whose firms have a multimillion-pound “black hole”.
US close: Markets finish higher despite weaker new jobs data
Wall Street trading finished on a positive note on Wednesday, continuing on from a late rally seen during the previous session.