Latest News
Numis downgrades Victrex as FX headwinds emerge, BofA-ML upgrades
Analysts at Numis downgraded their recommendation on shares of polymer manufacturer Victrex from 'add' to 'hold' on Monday, saying that although the company's business model remained "highly cash generative", an impending FX headwind was set to limit the upside in its share price.
SafeCharge makes further investment in Nayax
Payments technology company SafeCharge announced a further investment in cashless payment solutions provider Nayax on Monday.
Melrose bid for GKN a threat to US national security, warns Unite
Turnaround specialist Melrose Industries' £7bn hostile bid for defence contractor GKN could pose a threat to US national security, according to union Unite.
George Soros donates an extra £100,000 to pro-EU campaign
George Soros has pledged a further £100,000 to Best of Britain, an anti-Brexit campaign fighting to keep the UK in the European Union, in answer to criticism of his previous donation to the group (£400,000).
Rambler reports record 2017 throughput
Canada-based Rambler Metals & Mining on Monday said it had achieved record annual throughput, processing 339,631 tonnes of ore from its Ming mine.
RBC Capital cuts Moneysupermarket on near-term challenges
RBC Capital Markets cut its stance on Moneysupermarket. com to 'sector perform' from 'outperform', chopping the target price to 350p from 425p, saying that while the company's diversified model makes it a winner over the longer-term, the near-term could be more challenging.
BP begins production at offshore Egyptian asset
BP announced on Monday that it had kicked off gas production at its Atoll Phase One asset off the coast of Egypt after completing the project seven months ahead of schedule at just two-thirds of the total costs it had anticipated.
Proactis sees impressive revenue and EBITDA growth on back of Perfect acquisition
Spend control solutions firm Proactis reported on Monday that it was trading in line to meet management expectations for the full year thanks to a significant growth in revenue and EBITDA over the six months leading to 31 January as a result of its acquisition of Perfect Commerce.
JKX Oil and Gas appoints Christian Bukovics to board
Exploration and production firm JKX Oil and Gas announced on Monday that it had appointed former Shell vice president of exploration Christian Bukovics as an independent non-executive director.
Theresa May to meet Irish PM in hopes of Northern Irish accord breakthrough
Irish Prime Minister Leo Varadkar and Theresa May are set to meet in Belfast on Monday to break the deadlock around crafting a power-sharing administration in Northern Ireland.
FTSE 250 movers: Victrex rallies on double upgrade, Acacia tumbles on results
London's FTSE 250 was up 0. 8% to 19,366. 89 in afternoon trade on Monday.
UK MPs to probe Stagecoach East Coast rail franchise deal
The government's decision to end the East Coast Mainline franchise early is to be investigated by parliament's Transport Committee.
FTSE 100 movers: Evraz shines; Barclays SFO probe hits stock
Miner Evraz was the shining light on the FTSE 100 risers list on Monday after a the stock received an upgrade to ‘buy’ from Goldman Sachs.
Wild west crypto market birthing new 'sex coins'
Peddlers of cryptocurrency have come up with a bold plan - or at least a good way to make headlines - which they think would make selling sex legal in places where it is banned.
Chinese loan growth beats forecasts in January
Chinese bank lending picked up sharply at the start of the year, but some economists cautioned about reading too much into the data due to distortions from seasonal effects, pointing out signs of a slowdown evident in broader measures of credit growth.
Cedar Fair extends deal with accesso for five years
Leisure, entertainment, cultural and hospitality technology solutions provider accesso Technology Group announced a five-year extension to its existing agreement with Cedar Fair Entertainment Company on Monday, to provide the ‘accesso Passport’ ecommerce solution across all of its properties.
CSRA shares rocket on $9.6bn General Dynamics deal
Shares in government IT business CSRA rocketed in pre-market trade on Monday after it agreed to be bought by General Dynamics for $9. 6bn.
Fox pledges on Sky News independence to win bid clearance
Broadcaster 21st Century Fox has offered to bolster editorial independence at Sky News as it tries to win regulatory backing for its bid to take control of the UK broadcaster.
Peel Hunt ups Cineworld to 'buy' after share price weakness
Peel Hunt upgraded Cineworld to 'buy' from 'hold' and lifted the price target to 270p from 254p on Monday as it changes its forecasts to reflect the acquisition of US rival Regal Entertainment and the related rights issue.
UK growth to start strong in 2018 - BDO
An improvement in the services sector and overall business optimism could see growth 2018 beat the Bank of England's forecasts, according to a BDO survey.