Latest News
Falanx Group's pipeline 'solid' during ongoing integration of new acquisition
Cyber security and intelligence firm Falanx Group reported on Wednesday that the integration of its newest acquisition, First Base Technologies, is progressing well with a "solid sales pipeline".
Director dealings: Keller finance director acquires 24,736 ordinary shares
James Hind, finance director of geotechnical solutions specialist Keller Group, acquired 24,736 ordinary shares in the London-based firm at an average price of 975. 50p each as part of a transaction linked to an exercise of his share award.
System1 prepares shareholders for disappointing results
Marketing services group System1 updated the market on its trading for the 12 months ended 31 March on Wednesday, which it described as “disappointing”.
US open: Unsteady start to Wall Street trading as IBM weighs on Dow
Wall Street trading opened on a mixed note on Wednesday, with solid earnings from banking giant Morgan Stanley being offset by a struggling IBM weighing on the blue-chip gauge.
Morgan Stanley sees stocks topping-out in 2018
Stocks around the world will probably top-out this year, and sooner than most observers think, Morgan Stanley said.
Koovs knows no specific reason for share price jump
AIM-listed online fashion retailer Koovs said on Wednesday that it is not aware of any specific reason for the jump in its share price.
GAN extends New Jersey contract with Paddy Power Betfair
Internet gaming enterprise software supplier GAN announced on Wednesday that key client Paddy Power Betfair has entered into a multi-year extension for the continued provision of platform services in the New Jersey online gaming market.
Vianet trades in line with board expecting maintained dividend
Actionable data and business insights provider Vianet Group updated the market on its trading on Wednesday, reporting that trading in the second half of the year was largely as anticipated and, as a result, its full-year profits would be broadly in line with market expectations and ahead of last year's outturn of £3. 32m.
Hostel operator Safestay has 'most successful year ever'
Safestay issued its final results for the year ended 31 December on Wednesday, reporting growth of 43% in total revenues to £10. 5m, including acquisitions it made in 2017.
Global financial stability risks remain elevated, IMF says
The International Monetary Fund warned in its Financial Stability Report on Wednesday that medium-term financial stability risks remained "elevated", with the vulnerabilities which had built-up over recent years possibly paving the way for a "bumpy" road ahead - which could put growth at risk.
Credit Suisse ups AA to 'neutral', says risk/reward balanced
The risk/reward for roadside assistance and breakdown cover provider and insurer AA is now balanced, according to Credit Suisse, which upped its rating on the stock to 'neutral' from 'underperform' and hiked the price target to 130p from 80p.
HSBC downgrades 'past its peak' Whitbread
HSBC analysts have downgraded Whitbread to ‘hold’, arguing the company’s businesses are past their peak and have lost trading momentum.
IFG Group shakes up boardroom following exit from non-UK operations
Financial services company IFG Group has completely revamped its boardroom following a successful exit from its non-UK operations in order to focus on on the "attractive and growing UK wealth management and intermediary platform markets".
Animalcare in line for double-digit growth ahead, says Panmure Gordon
Animalcare is facing competitive pressures across its current sales mix, but while analysts at Panmure Gordon made some slight revisions to revenue and margin projections, they see strong growth ahead.
Telford Homes profit to surge as it focusses on build-to-rent
London-focussed residential property developer Telford Homes updated the market on its trading on Wednesday, saying it anticipated record revenue and profit for the year ended 31 March.
Scancell acquires novel antibodies from University of Nottingham
Novel immunotherapies developer Scancell Holdings has entered into an agreement with the University of Nottingham, it announced on Wednesday, to acquire a number of novel monoclonal antibodies to tumour-associated glycans.
Asia report: Markets finish stronger after solid US session overnight
Asian markets were in the green as they closed on Wednesday, as investors took their lead from a solid session on Wall Street overnight, which itself was boosted by a strong earnings season in the US.
Wednesday broker round-up
South32: Deutsche Bank upgrades to hold with a target price of 185p.
Volatility boosts Morgan Stanley's first quarter trading income
Morgan Stanley clocked-in with its best quarterly earnings performance in 10 years on Wednesday, as volatility in global capital markets saw its trading revenues jump by nearly a fifth.
Greatland Gold begins drilling at Havieron
Metals exploration and development company Greatland Gold has started its first drilling programme at the company’s wholly owned Havieron licence in Western Australia.