Latest News
Deutsche Bank stays neutral on European shares as political risks fade
Strategists at Deutsche Bank stuck to their 'neutral' view for European stocks, despite their being overvalued, arguing that a US-China trade truce and shift towards a Brexit deal would sustain the 'overshoot' in valuations versus their estimate of fair value.
Optibiotix Health expands international reach through supply agreement
OptiBiotix Health on Friday extended a supply agreement to broaden the supply of cholesterol-lowering capsules into Germany and several other countries.
BlueRock moves to continuous operations
Diamond miner BlueRock has been granted the necessary permissions to allow it to move to 365-day operations.
XLMedia appoints industry veteran to develop gambling activities
Digital performance marketing provider XLMedia announced the appointment of Shaun O'Neill as its new head of sales, with immediate effect.
Amphion Innovations sells 1.8m shares in Motif Bio
Medical technology business developer Amphion Innovations announced on Friday that 1,825,000 shares in its partner company, Motif Bio, had been sold in partial repayment of the loan facility originally announced on 5 June 2014, and most recently amended on 11 March.
GAN upbeat on latest New Jersey sports betting stats
Gambling software supplier GAN updated the market on the latest internet sports betting financial information for the calendar month of February in New Jersey on Friday, from the state’s Division of Gaming Enforcement (DGE).
Spirax-Sarco to buy Paris-based Thermocoax for €158m
Spirax-Sarco Engineering has agreed to buy electrical thermal solutions business, Thermocoax, for €158m (£139m).
Europa Metals' losses widen as exploration costs rise
Lead and zinc explorer Europa Metals reported wider interim losses after exploration costs increased.
US industrial production falls short of forecasts in February
US industrial production eked out just a small gain last month, with output in manufacturing hit by a slide in business equipment.
Berenberg more cautious on food manufacturers, downgrades Greencore and Bakkavor
Berenberg downgraded its recommendations on Greencore and Bakkavor on Friday as it turned more cautious on the near-term outlook for food manufacturers.
GCM Resources lands second JV with PowerChina
GCM Resources agreed a second joint venture agreement with Power Construction Corporation of China (PowerChina) for the development of an additional coal-fired power plant at the site of the company's proposed coal mine in North-West Bangladesh.
Symphony Environmental earnings slip despite improved revenues
Smart plastics outfit Symphony Environmental Technologies saw pre-tax profits slip in 2018 despite an increase in revenues.
Credit Suisse upgrades European Cyclicals to 'overweight'
Credit Suisse raised its recommendation on shares of European cyclicals relative to defensives on Friday, from 'benchmark' to 'overweight', while lowering their view on defensives from 'benchmark' to 'underweight'.
Empire State manufacturing index unexpectedly drops in March
Business conditions in the New York region unexpectedly deteriorated in March, according to a survey released by the New York Fed on Friday.
Alpha Real Trust ups quarterly dividend as NAV moves ahead
Alpha Real Trust saw net asset value per share move ahead in the three months ended 31 December, leading it to up its quarterly dividend payment.
Kim Jong Un may halt nuclear negotiations with 'gangster-like' US
North Korean leader Kim Jong Un is close to deciding whether to halt denuclearisation talks with the US after President Donald Trump walked away from negotiations in February, according to a North Korean diplomat.
Bahamas Petroleum raises $2.5m to finance wells
Oil and gas exploration outfit Bahamas Petroleum has raised $2. 54m before expenses by virtue of a firm placing of 120m new ordinary shares at a price of 1. 6p each.
Zinc Media earnings hit by delays to major projects
Television and multimedia content producer Zinc Media recorded a slight year-on-year jump in interim revenues as its order book improved amidst a strategic shift in programming but earnings tumbled as delays to major projects hit home.
Friday broker round-up
Bakkavor Group: Berenberg downgrades to sell with a target price of 105p.
Europe midday: Stocks push higher amid lessened trade pessimism
Stocks are moving higher, buoyed by reports of further progress in US-China trade talks and following the previous night's vote in the UK parliament to postpone the country's exit from the European Union in order to allow for a smooth withdrawal.