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Latest News
16 Feb
US consumer sentiment hits second-highest level since 2004

US consumer sentiment rose to its second-highest level since 2004 in February despite lower and much more volatile stock prices, according to a reading from the University of Michigan.

16 Feb
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Sunrise makes good progress at CS Project

Sunrise Resources updated the market on results from the phase two drill programme at its CS Pozzolan-Perlite Project in Nevada on Friday, reporting that CS Project natural pozzolans were being evaluated as a ‘green’ replacement for Portland cement in cement mixes and concrete mixes.

16 Feb
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IoD calls for partial customs union deal with EU

Britain should try to strike a deal on a partial customs union with the European Union once it leaves the bloc in March 2019, the Institute of Directors said.

16 Feb
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Angling Direct makes progress as it expands online

Fishing tackle retailer Angling Direct issued a pre-close trading update on Friday, ahead of the publication of its financial results for the 12 months ended 31 January.

16 Feb
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FCA refuses to publish RBS report; hands copy to Treasury committee

The UK's Financial Conduct Authority on Friday refused to publish its report into Royal Bank of Scotland's treatment of small businesses after the 2008 economic crisis, but handed over a copy to parliament's Treasury committee as requested on Thursday.

16 Feb
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FTSE 100 movers: Segro rallies on results; Old Mutual gives back gains

London's FTSE 100 was up 0. 6% to 7,274. 91 in afternoon trade on Friday as the pound lost ground against the dollar after disappointing UK retail sales data.

16 Feb
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WPP hits six-month high on renewed TV ad optimism, Goldman tips ITV

WPP shares have rallied to a six-month high amid a recent improvement in the ad market, capped off by a bullish view given by analysts at Goldman Sachs and Numis on Friday.

16 Feb
Money coins pound
Red Leopard AIM listing about to be cancelled

Red Leopard reported progress on its acquisition of a Colombian coal mining project on Friday, but at the same time warned shareholders that its AIM listing was about to be cancelled as the transaction was taking significantly longer than initially anticipated.

16 Feb
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Beowulf Mining begins drilling at Aitolampi project

Mineral exploration and development company Beowulf Mining announced on Friday that drilling at its Aitolampi graphite project - part of its 100%-owned exploration permit Pitkäjärvi 1 - was now underway.

16 Feb
elektron technology
Elektron Technology completes sale of Queensgate Nano

Elektron Technology announced the completion of the sale of the wholly-owned trade and assets of Queensgate Nano on Friday, to Prior Scientific Instruments, for an initial cash consideration of £0. 8m.

16 Feb
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US housing starts surge past expectations in January

US housing starts surged past expectations last month, according to data released by the Commerce Department.

16 Feb
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FTSE 250 movers: Balfour Beatty takes off on LAX deal; BGEO numbers disappoint

Investors cast aside their inflationary worries on Friday and happily piled into equities on the FTSE 250.

16 Feb
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Steve Bannon refuses to answer questions in Russia inquiry

Steve Bannon, former strategy chief of President Donald Trump, has been questioned several times this week as part of the investigation into possible Russian intervention in the 2016 elections.

16 Feb
moon
Asia report: Stocks mixed with few markets in region open

Markets in Asia finished mixed on Friday, after a day of light trading with a number of bourses closes for the Lunar New Year holiday.

16 Feb
Premier League
Fox likely to sweeten terms of Sky offer, RBC thinks

Sky has effectively de-risked the threat of key sports broadcasting rights losses in the UK and Germany since the start of last year with renewals of both Premier League and Bundesliga rights, but analysts at RBC Capital Markets downgraded the stock on valuation ground.

16 Feb
Christie brokers sale of five-star hotel in Alicante

AIM-listed Christie Group said on Friday that Christie & Co, its specialist provider of agency and advisory services, has brokered the sale of the Hotel Denia La Sella Golf Resort & Spa in Alicante, Spain.

16 Feb
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Kitron shares stumble despite strong Q4 revenue and profit

Share in Scandinavian electronics manufacturer Kitron took a tumble on Friday even as it reported strong revenue growth and improved profits.

16 Feb
CVS raises funds to get its paws on new surgeries

CVS Group has raised fresh funds and reported soaring first-half revenues but falling profits as the Norfolk-based veterinary outfit kept up the pace of acquisitions.

16 Feb
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US pre-open: Stocks set for sixth day of gains as investors eye data slew

US futures pointed to a sixth day of gains on Wall Street on Friday as investors set aside their concerns about rising inflation and higher interest rates and looked ahead to a slew of economic data releases.

16 Feb
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Petropavlovsk CFO Andrey Maruta resigns

Gold miner Petropavlovsk announced the resignation of its chief financial officer Andrew Maruta on Friday, along with the appointment of former HSBC investment banker Adrian Coates to the position of independent non-executive director.