Latest News
Director dealings: Craneware CFO picks up £2.18m in share sale
Craig Preston, chief financial officer of software and support services firm Craneware, sold 112,126 ordinary shares in the Edinburgh-based group on Monday at a price of 1,950p per share.
BT gets union approval to close defined pension scheme
BT Group will close its defined benefits pension scheme after reaching an agreement with the Communication Workers Union (CWU) on Monday to secure pension arrangements for 20,000 employees.
Jefferies ups AstraZeneca to 'buy', says it's at a 'turning point'
Jefferies upgraded AstraZeneca to 'buy' from 'hold' on Monday, lifting the price target to 5,600p from 5,075p as it said the pharmaceuticals giant is at a "turning point".
Apple looks to cut out Asian screen makers, kicks off MicroLED production
Tech giant Apple is said to be developing its own MicroLED device displays, making a limited number of the screens available for testing as part of a move that could seriously hurt Asian display makers whose primary business is the supply of these screens to the US smartphone manufacturer.
CentralNic wins .ooo domain distribution deal from Infibeam
Software platform company CentralNic has secured the distribution contract for the top-level domain ‘. ooo’ from Infibeam Incorporation, an e-commerce company listed on the India Stock Exchange with a market capitalisation of more than $1bn, it announced on Monday.
Spectra Systems phosphor sales drive 182% profit increase
Secure transactions provider Spectra Systems announced on Monday that it almost tripled its pretax profits in 2017, as they rose 182% to $3. 1m compared to the previous year.
FTSE 100 movers: Barclays rallies as Sherborne takes stake; Micro Focus gets battered
London's FTSE 100 was down 1. 4% to 7,066. 66 in afternoon trade on Monday as investors looked ahead to a busy week that includes rate decisions from the Fed and the Bank of England.
Relief for bookies over gambling machines reports
Shares in bookmakers Ladbrokes Coral and William Hill galloped higher on Monday after reports that they will avoid the worst scenarios envisaged from the government's triennial review on fixed-odds betting terminals.
Miton Group shares on the rise after 'strong start' to trading year
Asset manager Miton Group posted a double-digit increase in annual profit on Monday, pointing to a "strong start" to the year after its assets under management topped £4bn.
Carpetright crashes on reports of store closures
Carpetright shares tumbled on Monday following a report over the weekend that the company is preparing to close stores and cut jobs in a bid to avert administration.
Anglo African makes good progress in the Congo Republic
Independent oil and gas developer Anglo African Oil & Gas announced on Monday that Petro Kouilou, its 100% owned subsidiary in the Republic of the Congo, has finalised a contract with oil services company Schlumberger to supply support services for the drilling of the new TLP-103 well on its 56% owned Tilapia oil field in the prolific Lower Congo Basin.
GBGI pleased with progress despite regulatory headwinds in Angola
International benefits insurance provider GBGI updated the market on its trading for the 2017 calendar year on Monday, reporting continued commercial momentum in line with management expectations in the second half of the year across its diversified product and regional footprint.
Mereo BioPharma posts positive top-line from latest BGS-649 study
Biopharmaceutical company Mereo BioPharma Group announced positive top-line results from a phase 2b dose-ranging study with BGS-649 for the treatment of hypogonadotropic hypogonadism (HH) in men with a body mass index of over 30 on Monday.
US pre-open: Stocks seen lower; Facebook set to drop on data woes
US futures pointed to a weaker open on Wall Street on Monday as investors look ahead to the latest policy announcement from the Federal Reserve this week, while worries about a possible trade war continue to play on investors' minds.
Weatherly unable to cover loan repayments despite narrowed losses
AIM-quoted development and exploration firm Weatherly International narrowed operating losses in the first half of its current trading year as revenues soared more than a quarter compared to the same period twelve months earlier.
Monday broker round-up
Close Brothers Group plc: Berenberg downgrades to hold with a target price of 1,530p.
Conviviality calls time on boss Hunter
Conviviality chief executive Diana Hunter has thrown in the towel at the Bargain Booze owner after a succession of profit warnings, accounting and tax issues.
Europe midday: Technology, Basic Resources lead fallers
News that negotiators from Westminster and Brussels have made headway in talks on a post-Brexit transition period is helping to lift stocks off their lows of the session.
Harwood Wealth buys Southampton-based AE Financial in £6m deal
Financial planning and discretionary wealth management company Harwood Wealth Management Group announced the acquisition of AE Financial Services - an established chartered independent financial advisory firm based in Southampton - from AE Insurance Services on Monday.
Petrofac wins $580m EPC contract with GCC national oil company
Oilfield services provider Petrofac has been awarded a contract worth around $580m with a GCC national oil company for the engineering, procurement and construction of a "major" project.