News And Announcements
Magnolia Petroleum announces divestment of North Dakota and Oklahoma wells
Magnolia Petroleum, an Oklahoma based oil and gas investment company, has divested and agreed farmouts over several wells in North Dakota and Oklahoma for a total of $411,000.
Ladbrokes seals coverage deal with the Racing Partnership
Ladbrokes Coral has agreed a media rights deal with The Racing Partnership to increase the televised coverage of racing on owned and independent racecourses at its betting shops.
FTSE 100 movers: Paddy Power leads Friday retreat
London's FTSE 100 was in the red on Friday, along with stock benchmarks in Europe and the US.
Catalyst Media softens blow from failed Greyhound track bids
Retail betting service supplier Sports Information Services (SIS), in which Catalyst Media Group holds a 20. 5% stake, has secured rights and media agreements for its greyhound and horseracing content.
Dalata buys Hotel La Tour for £31m
AIM-listed Dalata has acquired Hotel La Tour for £31m from Hotel La Tour Limited, which owns the long leasehold interest in the hotel situated on Park Street in the centre of Birmingham.
GSK applies to widen indications for combined asthma drug
GlaxoSmithKline has submitted its Relvar Ellipta asthma drug to European regulators for approval as a extended once-daily treatment.
Acacia Mining cash shrinks in first half, staff detained in Tanzania
Acacia Mining has unsurprisingly shelved its dividend and may have to pause production one mine after seeing its cash balance shrink 45% in the five months since the Tanzanian government banned the company from exporting gold concentrate from two of its three mines in the country.
IP Group's portfolio company raises £40m in placing
Intellectual property-business IP Group said on Friday that its portfolio company, Tissue Regenix, has raised £40m through a placing and subscription of new ordinary shares as it announced the acquisition of CellRight Technologies.
Empresaria impresses with first-quarter figures
Empresaria has delivered a record first half performance with net fee income up nearly 26%, the specialist staffer revealed in a trading update on Friday.
MasterCard wins UK class action fight, appeal may be on the cards
A class action lawsuit against Mastercard to claim for £14bn of collective damages in the UK has been rejected by a Competition Appeal Tribunal, though an appeal is being mulled.
Alba Mineral Resources knows no reason for share price jump
Alba Mineral Resources said on Friday that it knows no reason for the recent jump in its share price.
Lloyds make compensation offers after missing deadline
After missing its self-imposed deadline of June 30, Lloyds said Friday it was close to making offers of compensation to less than half of the customers who had been impacted by counts of fraud by former bankers.
Citi gives Microsoft a $74 price target
After a callback from Microsoft, Citi has slapped a 'neutral' rating on the tech stock and a target price of $74, slightly below its current price as it does not expect a significant impact from the new Xbox console update.
SolGold updates on exploration at Cascabel
SolGold issued an update on its Ecuadorian prospect, Cascabel.
Vodafone growth accelerates in first quarter as Turkey and Egypt surge
Vodafone has reported improved growth in the first few months of its new financial year thanks to strong growth in the Africa, Middle East and Asia Pacific (AMAP) region.
AstraZeneca boss plays down Teva rumours
AstraZeneca chief executive Pascal Soriot has played down recent rumours that he was to leave the London-listed drug giant for Israeli generic colossus Teva.
ICO slaps Moneysupermarket with 80k fine for spamming customers
It hasn't been the best week for price comparison website Moneysupermarket. com.
Paysafe announces acquisition and possible GBP2.8bn takeover offer
In an unusual double, Paysafe Group has both struck a $470m deal to acquire US-based Merchants' Choice Payment and also announced that it has received a takeover proposal from private equity companies Blackstone and CVC Capital Partners.
Capital & Counties confident on outlook despite economic uncertainty
Capital & Counties sounded a confident note on the outlook for its Covent Garden estate, despite the uncertain economic and political environment, reiterating its medium-term estimated rental value target for it.