News And Announcements
FTSE 250 movers: Ferrexpo climbs leaderboard on iron ore price surge
London’s FTSE 250 was down 0. 01% to 18,166. 63 in afternoon trade.
Tesla to raise funds in preparation of 'manufacturing hell'
Tesla announced on Monday that it is looking to raise approximately $1. 5bn via a bond offering in the lead-up to the start of production of its newest vehicle, the Model 3.
Premier League boss open to selling TV rights to online providers
Football fans may have to ensure they have Amazon or Netflix subscriptions in the not-too-distant future, after the head of the Premier League said it’s possible television rights could transfer to such companies in the future.
Imaginatik sees full-year losses ease as new clients sign-on
Boston, Massachusetts based innovative solutions firm, Imaginatik released its full-year numbers on Monday, highlighting continued efforts in product development and when it came to growing its addressable market by developing its partnership channel.
ZOO Digital subtitling service reaches new milestone
Cloud-based subtitling and digital distribution service provider ZOO Digital Group announced on Monday that it surpassed a new company milestone, delivering more than 200 million subtitles for “the biggest names in the global TV and movie industry”.
Netcall buys MatsSoft for at least £11.1m plus shares
Netcall announced the acquisition of MatsSoft on Monday, for an initial consideration of £11. 1m in cash and the issue of 3,499,864 new ordinary shares of 5p each in the capital of Netcall.
ITM Power launching new large-scale refuelling station designs
Energy storage and clean fuel company ITM Power announced on Monday that it will be launching a series of large-scale refuelling station designs at Hydrogen + Fuel Cells North America, part of the SolarPower International Conference in Las Vegas.
Transense tyre management tech to be added to BHP trucks
Patent protected sensor systems and supporting technology company Transense Technologies announced on Monday that Translogik, its trading division providing tyre management solutions, had won a further contract through its Australian distributor Brownfield Engineering and Maintenance to supply 26 iTrack II mining tyre monitoring systems for large haul trucks at the BHP Billiton Mitsui Coal South Walker Creek Mine.
Mosman hungry for further acquisitions
Oil exploration, development and production company Mosman Oil and Gas updated the market on its strategy and operations on Monday, confirming that two acquisitions were completed in the last quarter with “other potential acquisitions” remaining under review.
Earthport partners with Access Bank in Africa
Cross-border payment network Earthport announced on Monday that it partnered with Access Bank, one of Africa's foremost financial institutions, to provide delivery of cross-border payment services into Nigeria.
Dukemount Capital closes in on first property acquisitions
Dukemount Capital shares rose after the property developer inked a binding partnership arrangement with social housing specialists Larch Housing Association worth a minimum of £5m.
Ofgem makes further cuts in prepayment price cap
UK energy industry regulator Ofgem on Monday further cut its prepayment price cap in a move it said would benefit 3m households.
Lok/nStore announces two new 'landmark' stores
Self storage company Lok'nStore announced the acquisition of two more new ‘landmark’ stores on Monday, in ‘highly prominent locations’ in Bedford, Bedfordshire and Dover, Kent.
Abellio signs up AIM-listed 21st Century Tech for bus systems
Transport industry provider of ‘tailored solutions’, 21st Century Technology, announced a three-year bus systems and services contract with Abellio on Monday.
Monday broker round-up
SSE: Morgan Stanley reiterates Overweight with a target price of 1700p.
CrossAmerica looks to fuel profits with Jet Pep acquisition
CrossAmerica Partners announced Monday that it had entered an agreement to acquire some of the assets of Alabama based Jet Pep for a total of $72m.
Miners gain on fresh Chinese curbs on steel output
News that the Chinese government had asked steel producers in the country's four northern regions to cut output during the winter stoked gains in steel and iron ore prices.
Defenx raises £1.4m in discounted placing to accelerate growth
Cyber-security software group Defenx has raised £1. 4m and appointed a new director as part of a new growth effort, amid heightened corporate concerns in the wake of the WannaCry ransomeware attack.
Carr's eyeing US expansion with NuVision acquisition
Carr's Group has acquired US nuclear engineering firm ESI Holding Company for up to $20m.
Digital Barriers wins $12m US federal contract
Global surveillance, security and safety solutions provider Digital Barriers announced the award of a contract with a major unnamed US federal law enforcement agency valued at $11. 9m on Monday, which it said had been received before the expiration of a major framework contract in September.