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Latest News
21 May
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Online casino operators slapped with £4.5m penalties by Gambling Commission

The UK Gambling Commission issued penalty packages totalling £4. 5m to four companies on Wednesday as part of an ongoing investigation into money laundering and consumer safety in online casinos.

15 May
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Thursday preview: US data, Premier Oil in the spotlight

The spotlight on Thursday will be on a trio of high-frequency economic indicators in the States, including weekly jobless claims, housing starts and the Philly Fed's regional manufacturing gauge.

15 May
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Europe close: Shares reverse early losses as trade tensions ease a tad

Stocks on the Continent vaulted higher during the final hour of trading after news broke that the US was considering postponing its decision on whether to place tariffs on imports of foreign automobiles for up to six months.

15 May
London close: Stocks snap higher as trade tensions abate

London stocks snapped higher following news that the US would postpone a decision on imports of foreign cars by at least six months and some positive headlines around US-China trade talks, but analysts remained of a clearly cautious bent.

15 May
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Berenberg halves target price on Metro Bank ahead of £350m rights issue

Analysts at Berenberg cut their target price on challenger bank Metro Bank in half on Wednesday, stating the outfit was suffering from "acute uncertainty" pending completion of its £350m planned capital raise.

15 May
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Macy's online growth helps to smash Q1 expectations

Macy's first quarter performance smashed expectations on Wednesday as online sales enjoyed double-digit growth and the company reiterated full-year guidance.

15 May
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Director dealings: Indivior execs snap up shares

Indivior chief executive officer Sean Thaxter bought 100,000 shares at 44. 64p each on Tuesday, leaving him with an interest of just over 1. 6m shares.

15 May
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Broker tips: Vodafone, Metro Bank

The outlook for revenue growth is the main question hanging over Vodafone after the company cut its dividend, Credit Suisse analysts said as they lowered their price target.

15 May
Secure Trust Bank hails 'strong' start to year

Secure Trust Bank said on Wednesday that it was confident about meeting its full-year targets following a "strong" start to the year.

15 May
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US open: Dow and S&P 500 head south at the bell, Nasdaq turns green

The Dow Jones headed south at the bell on Wednesday, following on from the index's strongest performance in a month a day earlier, as trade concerns continue to mount.

15 May
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FTSE 250 movers: Provident Financial falls, Indivior surges

London's FTSE 250 was down 0. 26% at 19,317. 71 in afternoon trade on Wednesday, with Provident Financial leading the way lower ahead of the release of its first quarter trading update next week.

15 May
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White House may postpone car tariffs for as many as six months

The White House may postpone the launch of tariffs on US imports of automobiles and car parts for as much as half a year.

15 May
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FTSE 100 movers: Compass boosted by results; Kingfisher drops

London’s FTSE 100 was up 0. 6% to 7,285. 11 in afternoon trade on Wednesday.

15 May
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Oncimmune distributor gets approval for 'EarlyCDT-Lung' in Israel

Immunodiagnostics company Oncimmune Holdings announced on Wednesday that its distributor for Israel, Best Medical Opinion, has received regulatory approval for the sale of the ‘EarlyCDT-Lung’ product in Israel.

15 May
Cabot Energy confident despite revenue and production falls

Oil and gas company Cabot Energy updated the market on its financial position, operations and trading for the quarter ended 31 March on Wednesday, reporting a fall in revenue to $2m from $3. 4m year-on-year.

15 May
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Clinigen to take back US rights to cancer drugs

Aim’s Clinigen Group is taking back control of two oncology drugs from US partner Cumberland Pharmaceuticals.

15 May
Europe midday: Stocks slip amid weak economic data overseas, Italy in focus

Stocks on the Continent are holding modestly lower following the release of weak data in both China and the US, with Italian issues especially weak after one of the country's leaders voiced support for breaking the euro area's budget rules if necessary.

15 May
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Mercia's Locate Bio receives another £2m of investment

Technology investment company Mercia Technologies announced on Wednesday that its life sciences direct investment Locate Bio has received an additional £2m of investment.

15 May
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Armadale Capital makes good progress on Mahenge Liandu study

Natural resources investment company Armadale Capital updated the market on progress on the definitive feasibility study for the Mahenge Liandu Graphite Project on Wednesday, reporting that it was on track to complete in the fourth quarter in 2019.

15 May
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Serabi Gold sees EBITDA surge in first quarter

Brazil-focussed gold mining and development company Serabi Gold reported a 47% improvement in its EBITDA for its first quarter on Wednesday, to $4. 3m.