Latest News
Concepta gets ethics committee approval for myLotus UK trials
Women’s fertility mobile health product developer Concepta announced on Thursday that it has received ethics committee approval to start the user trial for its myLotus product in the UK.
FTSE 100 movers: ITV boosted by Exane note; Next in the red
London’s FTSE 100 was up 0. 4% to 7,189. 03 in afternoon trade on Thursday as investors digested the latest policy announcement from the European Central Bank.
Boeing adds Okay Air to list of pilot development programme participants
Boeing expanded its commercial pilot development programme (PDP) on Thursday, adding Chinese carrier Okay Airways to its growing customer list, alongside recently-added customers Kunming Airlines and YTO Airlines.
Platinum Eagle eyes FanDuel acquisition after failed DraftKings merger
Fantasy sports company FanDuel was said to be eyeing another merger, just eight months after its proposed combination with DraftKings that was later blocked by antitrust regulators.
Berenberg upgrades UBM, says Informa paying near industry-record multiple
Berenberg upgraded business-to-business event organiser UBM from 'sell' to 'hold' on Thursday and upped its target price from 675p to 930p as risks to the fashion industry, the firm's largest sector, seemed "less relevant now".
FTSE 250 movers: Ultra Electronics surges but Alfa Financial slumps
London’s FTSE 250 was up 0. 9% to 19,956. 67 in afternoon trade on Thursday.
Improved second half sees FIH lift expectations
Falkland Islands-focussed specialist services group FIH updated the market on its expected trading performance for the year ending 31 March on Thursday, reporting that based on management results for the 10 months to January and on current levels of trading activity, it now expected overall underlying pre-tax profits would be higher than previously anticipated.
Applied Graphene Materials sees success in tailgate collaboration
Specialty graphene materials producer Applied Graphene Materials announced the first result of its collaboration with Magna Exteriors and SHD Composites on the W Motors Fenyr SuperSport tailgate on Thursday.
Diversified completes £67m acquisition of Alliance Petroleum
Independent US-based gas and oil producer Diversified Gas & Oil confirmed on Thursday that it has completed the acquisition of Alliance Petroleum Corporation.
Starcom manages to narrow losses in 2017
Wireless tracking, monitoring and protection technology specialist Starcom announced its final results for the year ended 31 December on Thursday, reporting a 6% increase in revenue to $5. 4m.
RBC Capital upgrades Premier Oil after recent share price weakness
Premier Oil gushed higher on Thursday as RBC Capital Markets upped its stance on the stock to ‘outperform’ from ‘sector perform’ following recent weakness and the company's full-year results, keeping the price target at 100p.
Melrose gets shareholder, EC OK for hostile GKN bid as engineer lays out strategic plan
Turnaround specialist Melrose Industries said on Thursday that its shareholders and the European Commission have backed its £7. 4bn hostile bid for engineer GKN.
Capital & Regional pleased with repositioning programme
Community shopping centre investor Capital & Regional announced its results for the year ended 30 December on Thursday, with adjusted profit rising 8. 6% to £29. 1m, and adjusted earnings per share ahead 7. 3% at 4. 10p.
Thursday broker round-up
Britvic: Morgan Stanley upgrades to overweight with a target price of 870p.
Gama Aviation appoints new director of corporate development
Aviation services company Gama Aviation has appointed Richard Kearsey as its director of corporate development following the conclusion of the AIM-quoted firm's successful £48m equity placing.
Anglo-Irish agribusiness Origin pleases with quiet first half progress
Agri-services group Origin Enterprises announced its interim results for the half year ended 31 January on Thursday, reporting good first half performance in a seasonally quiet trading period, with operating profit 12. 6% higher at €2. 3m.
US initial jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, according to data from the Labor Department.
Action Hotels losses swell on cancelled Saudi projects
Action Hotels warned that losses with be larger than expected after it cancelled one and delayed another hotel in Saudi Arabia.
China February trade surplus surprises sharply to the upside
Amid ongoing trade tensions globally, the latest international trade figures out of the People's Republic of China surprised sharply to the upside on Thursday.
ECB vows to extend QE past September if needed
The European Central Bank kept all its main policy settings unchanged and reiterated that its asset purchase programme may run past September, if needed, contrary to some analysts' expectations.