Market Report
SDX Energy making good progress in at South Disouq and in Morocco
SDX Energy updated the market on Monday, reporting that the development of South Disouq, where it is the operator and holds a 55% working interest, was continuing on schedule and on budget.
Imperial Brands revises dividend policy, announces £200m share buyback
Imperial Brands announced a share buyback worth up to £200m on Monday as it said it was revising its dividend policy.
Inchcape end markets look 'difficult', says JPMorgan Cazenove
JPMorgan Cazenove downgraded its rating on shares of car dealership group Inchcape to 'neutral' from 'overweight' on Monday, slashing the price target to 627p from 803p as it pointed out that end markets look "difficult".
Diaceutics remains 'well positioned' following strong sales performance
Data analytics and implementation services firm Diaceutics said on Monday that it had continued to trade in line with market expectations throughout the six months ended 30 June.
Attraqt trades in line following Early Birds acquisition
Software-as-a-solution firm Attraqt said on Monday that it was trading in line with its expectations for the full year as strong momentum in its last trading year carried over into 2019.
Symphony picks up minority stake in Vietnamese freight firm ITL
Symphony International Holdings has, through a wholly-owned subsidiary, acquired a “significant” minority stake in Vietnam-based Indo Trans Logistics Corporation (ITL), it announced on Monday.
Osirium Technologies' first-half bookings 'significantly' ahead of prior year
Cloud-based cybersecurity software firm Osirium Technologies saw first-half bookings come in "significantly" ahead of the prior year, a trend it expects to continue going forward.
Integumen sees decent results from digitisation strategy
Integumen updated the market on its post-first half trading on Monday, reporting that the positive results of its major restructuring in the second half of 2018 had delivered accelerated growth in product sales and service contract services across the group into the first half of 2019, with a continuation of that growth expected in the second half.
Mediazest continues to win new contracts despite uncertain retail environment
Audio-visual company Mediazest said on Monday that it had continued to secure new business despite ongoing difficulties within the UK and global retail sector.
Alien Metals hires Bill Brodie Good following resignation of CEO
Exploration and development company Alien Metals announced the appointment of Bill Brodie Good as an executive director with immediate effect on Monday, following the resignation of Peter Taylor from his role as chief executive officer and a director.
Providence agrees one last extension to loan backstop date
Ireland-based energy company Providence Resources updated the market on Standard Exploration Licence 1/11 on Monday, which contains the Barryroe oil accumulation.
Vodafone ropes in Vinod Kumar as new CEO of business division
Vodafone Group announced the appointment of Vinod Kumar as the new chief executive officer of Vodafone Business on Monday, with effect from 2 September.
Syncona's Freeline Therapeutics upbeat on haemophilia trial data
Healthcare company Syncona announced on Monday that its portfolio company, Freeline Therapeutics, has presented 52-week data from the first cohort of two patients in the ongoing ‘B-AMAZE FLT180a’ phase 1 and 2 trial in haemophilia B.
London open: Stocks steady ahead of busy week
London stocks were steady in early trade on Monday as investors continued to mull last week's better-than-expected non-farm payrolls report and looked ahead to some key events later in the week.
Acacia Q2 gold output rises, IAG's British Airways hit with data breach fine
London open The FTSE 100 was called to open seven points lower at 7,546.
London pre-open: Stocks to edge lower as investors continue to mull payrolls
London stocks were set to edge lower at the open on Monday as investors continued to mull last week's better-than-expected non-farm payrolls report.
Monday newspaper round-up: Brexit, Deutsche Bank, Woodford
The feeling of relief in the British car industry was almost palpable on Friday, when Jaguar Land Rover said it would invest billions in producing new electric vehicles in the UK. After the recent closure of two other UK automotive factories in five months – Honda in Swindon and Ford in Bridgend – JLR boss Ralf Speth was clearly pleased to have good news for the 2,500 workers at the Castle Bromwich plant. Yet amid the congratulations, Speth also struck a note of warning.